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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 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:
Fri, 9 Oct 2015
It employs a micro channel breakout strategy and scans the lower timeframes, so once a breakout occurs, the robot automatically opens a trade with a 200 pip SL and carefully manages it until its closure on average win of 11 pips or average loss of 21 pips. The EA sends its trading signals via a MySQL database.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Last Reviewed On:
Mon, 5 Oct 2015
It opens positions on major support / resistance levels, and manages them with an intelligent and adaptive StopLoss system. No martingale, no grid, only in trades for less than a minute!
Last Reviewed On:
Sun, 4 Oct 2015
It's a breakout trading system that calculates entry points according to the market trend support / resistance levels detection and analysis, it applies no martingale, no grid and no arbitrage trading
Last Reviewed On:
Sat, 26 Sep 2015
Based on a special statistics concept, Swing Trader PRO keeps a linear model track of trading price action, what's called Linear Regression that determines the price action bouncing range and its flowing direction. This is very similar to trend trading, but much more sophisticated, and highly precise.
Last Reviewed On:
Thurs, 24 Sep 2015
REV Trader PRO is not a martingale or a grid strategy-based robot. It monitors the vertical pattern swings and determines the highs and lows and uses the data to make an entry on the reversal of market movement. It employs built-in unique brilliant filters to detect false trade signals.
It trades in baskets of up to 3 orders with won: lost pips per trade ratio of almost 1:1 and it exits using a trailing stop.
It trades in baskets of up to 3 orders with won: lost pips per trade ratio of almost 1:1 and it exits using a trailing stop.
Last Reviewed On:
Sat, 19 Sep 2015
Dynamic Pro Scalper is an Asian session scalper with a unique and high-efficient trading strategy and dynamic volatility entry and exit levels.
Last Reviewed On:
Sun, 13 Sep 2015
Trend following and retracement. If moving averages confirm the required market conditions, price action is used to generate trading signals.
Last Reviewed On:
Sat, 29 Aug 2015
FXOxygen is a martingale EA with a unique trading formula according to which it calculates certain trading hours everyday for opening its trades.
Last Reviewed On:
Sat, 22 Aug 2015
A scalper EA mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.
Last Reviewed On:
Fri, 5 Jun 2015
Cyrus EA core strategy is the trend detection, it does not apply any grid trading, martingale trading or hedging at all.
Last Reviewed On:
Tues, 12 May 2015
GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.
Last Reviewed On:
Mon, 20 Apr 2015
Pivot Trader Pro is a fully automated Forex robot, as its name suggests it trades pivot levels and its performance is like that of a professional trader.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.
Last Reviewed On:
Thurs, 2 Apr 2015
Forex IMBA uses a fixed lot size, doesn't use martingale in its trading, and has a drawdown control capability.
Last Reviewed On:
Fri, 27 Mar 2015
A reversal trend trader that employs a well configured group of reliable indicators to predict the exact time of the trend impending death, momentum loss and the cutting edge of a new direction of that trend.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.
Last Reviewed On:
Sat, 7 Feb 2015
By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators as CCI, Moving Averages, WPR, and others to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
Last Reviewed On:
Sun, 14 Sep 2014
Arbitrage trading strategy where a certain currency positions are being opened depending on two different broker price feeds. It exploits differences in the price from each feed and profits from those discrepancies.
Tags
Valery Trading
Tickmill
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
IC Markets
FBS
Algocrat AI
HFM Broker
Volatility Factor Pro
XM
Waka Waka
RoboForex
Perceptrader AI
Forex Diamond
Traders Academy Club
InstaForex
Alpari
GPS Forex Robot
StrategyQuant X
Forex Combo System
Forex Trend Detector
GrandCapital
Telegram Signal Copier
Omega Trend
FX Scalper
SMRT Algo
Broker Arbitrage
Golden Pickaxe
IronFX
AMarkets
FXVM
Binance
Quant Analyzer
FxPro
Forex Gold Investor
TradingFX VPS
RayBOT
ForexSignals.com
ACY Securities
AlgoWizard
News Scope EA PRO
ForexTime
Pump Trader Robot
Smart Scalper PRO
FX Choice
FXCharger
BlackBull Markets
Commercial Network Services
Libertex
FX-Builder
Gold Scalper PRO
Quant Data Manager
LeapFX Trading Academy
Forex VPS
Happy Bitcoin
MTeletool
Magnetic Exchange
Telegram Copier
Forex Robot Academy
Swing Trader PRO
FX Secret Club
Forex Robot Factory (Expert Advisor Generator)
Evening Scalper PRO
VPS Forex Trader
ByBit
Vortex Trader PRO
Best Free Scalper Pro
QHoster
Happy Forex
IV Markets
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.
