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How to Use MyFxBots?
Automated Forex trading robots or Expert Advisors are Metatrader plugins that help execute trades based on pre-programmed strategies. To use them, you need to install the robot on the Metatrader platform, configure its settings, and test it on a demo account before using real money.
Welcome to MyFxBots! Our team of experts meticulously analyzes strategies, conducts rigorous backtesting, tests with real money, and provides comprehensive reviews. We aim to empower our valued traders with our wealth of experience and insights!
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Get A Trading Account in a Good Broker
Choose a reputable broker that offers low fees, good customer support, and a user-friendly platform. Ensure the broker is regulated and has a good track record.
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Get Funded by a Prop Firm
Select a reputable proprietary trading firm that funds traders after they pass an evaluation or challenge; confirm the firm's rules, fee structure, payout split, and reputation.
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Get A Profitable Expert Advisor
An Expert Advisor (EA) is an automated trading system. Look for EAs with a proven track record of profitability, positive reviews, and back-tested results. Test the EA on a demo account before using it with real funds. Our reviews are below!
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Get A Fast Cheap VPS
A Virtual Private Server (VPS) hosts your trading software and provides low latency for faster trade execution. Look for VPS providers that offer good performance at an affordable price, and ensure they have reliable customer support.
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Get A Reliable CopyTrading
CopyTrading allows you to automatically replicate the trades of experienced traders. Choose a reliable platform that offers verified and profitable traders to copy, and ensure the platform has good security measures in place.
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Get A Reliable Trading Signals
Trading signals are in-time recommendations to buy or sell financial instruments. Choose a provider with a good reputation, transparent performance history, and a reasonable cost. Test the signals on a demo account before following them with real money.
Last Reviewed On:
Sat, 1 Apr 2023
FXParabol uses a combination of two indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend.
Last Reviewed On:
Thurs, 30 Mar 2023
Without using a grid, martingale, or hedging strategies, Fund Trader approaches the market via a dualistic (2-step) process to determine when to enter and exit the market with profit.
Last Reviewed On:
Tues, 28 Mar 2023
FXQuasar Expert Advisor does not use indicators.
It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.
Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.
Last Reviewed On:
Sun, 26 Mar 2023
Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.
The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.
Last Reviewed On:
Fri, 24 Mar 2023
Stealth Trader is a low drawdown system, meaning it's designed to trade with very little loss while maximizing profits using NO martingale and NO grid strategy whatsoever. There will be opportunities to profit almost EVERY SINGLE DAY.
Last Reviewed On:
Mon, 20 Mar 2023
Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.
Last Reviewed On:
Sat, 18 Mar 2023
The cornerstone principles for Power Trader take into account price action, market volatility, and short-term trending.
Last Reviewed On:
Tues, 7 Mar 2023
XFXEA calculates an entry point by evaluating a certain number of bars in a unique way and then forms a critical range. Based on this range, determines how and when to start trading.
All this is done without using the principle of Martingale.
Last Reviewed On:
Sun, 5 Mar 2023
The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.
Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.
Last Reviewed On:
Mon, 23 Jan 2023
Patterns are formations of pricing that provide us with a graphical representation of what’s going on behind the scenes in the market, Pattern Trader PRO can recognize them and make trades based on their analysis.
Last Reviewed On:
Thurs, 19 Jan 2023
News Action Trader utilizes real-time economic information from a reliable news source and automatically opens, manages, and closes trades.
Last Reviewed On:
Tues, 17 Jan 2023
FXDiverse allows traders to choose the kind of trading they prefer, how often they want to trade, profitability, currency pairs, and risks.
Last Reviewed On:
Wed, 11 Jan 2023
Jet Trader Pro's calculate is based on the EURUSD highs and lows, making it the ideal tool for profiting from this currency pair.
Last Reviewed On:
Wed, 11 Jan 2023
Strictly ruled grid-based trading technique with safety "high frequency" scalping element.
Last Reviewed On:
Wed, 11 Jan 2023
Volatility Factor Pro trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard StopLoss of 50 pips, this means that touching the SL for the 4 basket trades would mean a drawdown (4 * 50 = 200), this is a so much safer if compared to the older version which drawdowns could be in excess of 1500 pips of (380 * 4 = 1520) pips.
Last Reviewed On:
Wed, 11 Jan 2023
No exotic or speculative techniques are applied in Forex Trend Detector and it's not a slippage or spread dependent.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when the market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when the market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
Last Reviewed On:
Fri, 23 Dec 2022
Instead of looking at signals on your chart just run Instant EA with your indicator and it will automatically trade, manage, and close your trades.
Instant EA allows you to
- Back-test your indicators rapidly, test settings, and optimize.
- Run your indicators on live and demo accounts automatically (no more sitting in front of your computer for hours on end).
- Convert your indicators into fully automated Forex robots.
- And so much more.
Tags
Valery Trading
Tickmill
Algocrat AI
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
Waka Waka
FBS
IC Markets
Perceptrader AI
Forex Diamond
HF Markets
RoboForex
StrategyQuant X
Volatility Factor Pro
XM
InstaForex
Alpari
Forex Combo System
GPS Forex Robot
FX Scalper
GrandCapital
Golden Pickaxe
Automated Forex Tools
Forex Trend Detector
AMarkets
IronFX
Omega Trend
Telegram Signal Copier
Broker Arbitrage
SMRT Algo
Binance
FXVM
TradingFX VPS
Gold Miner
Quant Analyzer
Forex Trend Hunter
RayBOT
FxPro
Forex Gold Investor
ACY Securities
Gold Scalper PRO
ForexSignals.com
AlgoWizard
Quant Data Manager
FXCharger
FX Choice
News Scope EA PRO
Commercial Network Services
Smart Scalper PRO
FX-Builder
Infinity Trader
Pump Trader Robot
Happy Forex
LeapFX Trading Academy
ForexTime
WallStreet Recovery PRO
BlackBull Markets
Libertex
StarTrader
Forex VPS
MTeletool
Best Free Scalper Pro
Pepperstone
VPS Forex Trader
QHoster
Evening Scalper PRO
Telegram Copier
Happy Bitcoin
FX Secret Club
Forex Robot Academy
Trend Matrix EA
Forex Robot Factory (Expert Advisor Generator)
ByBit
Database Mart
Gold Breaker
DARKEAS
Magnetic Exchange
Quant Tekel Funded
Vortex Trader PRO
Swing Trader PRO
EGPForex
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
