MyFxBots

Algorithmic trading, the so-called, automated Forex trading, is a way to gather and coordinate the ideas and principles of one or more of the other manual Forex trading strategies into one computer application that runs on a trading platform like MT4 to give orders to it according to its programming conditions to buy or sell a certain amount of a currency pair at a specific time frame.

As mentioned, this kind of computer program is based on signals derived from technical analysis strategies, this is done by adding instructions to the software to search for certain signals and determine the way of interpreting them. Highly developed advanced platforms as NetTradeX, MetaTrader 4, and MetaTrader 5 come with complementary integrated platforms that allow for such algorithmic trading.

Developing a Forex trading strategy by robots and programs mainly aims to avoid the emotional aspect of manual trading, as it is believed that the psychological interaction with trades prevents them from being reasonable and often impacts trades negatively.

The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.
Currency Pairs: EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY
TimeFrame: M15
Updated On: Tue Jul 24th, 2018
4.79/5
60 total votes.
FxCharger is designed to open trades every day. Each order has a unique Takeprofit as the EA adjusts it to the current Market condition. Each trade has a unique Stoploss.
Currency Pairs: EURUSD Only in the Basic Version and EURUSD, AUDUSD and EURGBP in the Max Version
TimeFrame: H1
Updated On: Fri Jul 13th, 2018
4.76/5
46 total votes.
Forex Spectre is a trend follower EA coded with 3 different strategies but with many similar behavior aspects. Although proved profitable, further descriptive data about those strategies were not revealed by the EA developers and are still vague.
Currency Pairs: EURUSD
TimeFrame: 5M
Updated On: Fri Jun 22nd, 2018
4.77/5
33 total votes.
Happy Trend trades on high volatility including a News Filter. No martingale, no hedging, and no grid are included in its trading algorithm.
Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF and USDJPY
TimeFrame: H1
Updated On: Thu Jun 14th, 2018
4.8/5
25 total votes.
FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Currency Pairs: EURUSD, GBPUSD, EURJPY, USDCAD, USDCHF & USDJPY
TimeFrame: H1
Updated On: Tue Mar 13th, 2018
4.94/5
194 total votes.
Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.
Currency Pairs: GBPUSD and EURGBP
TimeFrame: M15
Updated On: Fri Jan 12th, 2018
4.76/5
78 total votes.
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Currency Pairs: EURUSD
TimeFrame: M15, H1
Updated On: Mon Jan 1st, 2018
4.79/5
252 total votes.
It waits for the market's best situation to open trades, by setting the maximum drawdown value for all the trades or for each tradable currency pair separately, it guarantees an unprecedented control over the account balance it's trading. It can also run alone or simultaneously with other Forex Robots.
Currency Pairs: EURGBP and AUDUSD
TimeFrame: M30
Updated On: Sat Feb 18th, 2017
4.54/5
91 total votes.
Einstein Trader is a price action frequent scalper, an automated Forex system with safety filters, no high stop loss, quick – in and out trades, no grid trading and no martingale.
Currency Pairs: EURUSD, GBPUSD & USDJPY
TimeFrame: M1
Updated On: Thu Jan 19th, 2017
4.81/5
258 total votes.
Inertia Trader uses the idea of price inertia and its trading behavior is mainly based on the price momentum physical properties.
As the fundamental market principles form the core of its trading function and it doesn't trade based on past historical data, there is no need for it to be regularly optimized.
Currency Pairs: EURUSD
TimeFrame: M1
Updated On: Tue Jan 3rd, 2017
4.65/5
58 total votes.
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