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 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.
DynaScalp is a Beginner friendly 100% Automated Super Scalper EA with News filter, No Grid, and No Martingale that closes trades on the same day.
Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.
Best Free Scalper Pro is a powerful automated Forex scalping system, one of the FXAutomater family. A reputable ECN Forex broker with very tight spreads, low commissions, and minimal slippage is required as it can confirm the difference between a winning and losing trading system, especially scalping strategy ones.
HappyWay doesn't use any indicator and its advantage is that it uses reinsurance positions (grid strategy) without increasing lots (no martingale).
No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.
FXTrackPRO Expert Advisor works with 3 different types of indicators at once. The interesting thing is that the EA does not use them simultaneously to determine an entry point, it uses them based on a certain algorithm.
Happy MartiGrid uses a martingale / grid strategy with technical indicators and a News filter.
Smart Scalper PRO is very simple, but it is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse after a reasonable correction is detected.
AX Trader is a High-Frequency Currency Trading Forex Robot coded with a unique hybrid strategy that utilizes Fibonacci and trend following.
Forex Fury follows a combination of time-restricted and scalping strategies. The robot opens all trades within one hour per day in less volatile marketing conditions.
Happy Forex secures positions using grid strategy without increasing lots (no martingale). It also uses technical analysis (indicator) for safe entry into the market with a News filter.
With the help of its built-in Forex indicators, Atomic Trader uses its unique algorithm to identify when the market is supposed to go up or down, then enters or closes trades on your behalf while you live your regular day.
StrikeFX is a multicurrency martingale Expert Advisor of a new generation that doesn't settle for too long, gains stable earnings, cuts losses early before they grow, and absorbs the losses. In other words, "Martingale without diapers" is the motto of this EA.
Happy Algorithm PRO measures performance and deviations in the prices of a currency pair, shows the difference as a line and analyzes it to get an optimal hidden SL and TP.
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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.
