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.

Last Updated On: Thurs, 9 Jan 2025

WallStreetWolFx (WSWFX) provides traders with advanced tools and strategies to simplify trading and maximize profits. This includes a cutting-edge indicator to identify market trends and false breakouts, automated lot size calculations for proper risk management, a 1:3 risk-reward ratio system, real-time trading signals, and lifetime coaching and support. These components are designed to empower traders to make confident and profitable trades.

v3+ Ultimate

Last Updated On: Thurs, 26 Dec 2024

The Men Of Wealth V3+ Ultimate trading robot uses Price Action Trading Strategies. These strategies involve interacting directly with the market price to place trading positions for Long (Buy) or Short (Sell) with high accuracy.

Currency Pairs EUR/USD, USD/CHF, and USD/ZAR
TimeFrame Multiple.
4.7/5
713 total votes.
Last Updated On: Tues, 24 Dec 2024

The NeuralEdge primarily utilizes high-frequency trading (HFT) strategies powered by artificial intelligence (AI) and neural networks.

Currency Pairs EUR/USD, GBP/USD, AUD/USD, USD/C ...
TimeFrame Multiple.
4.8/5
1057 total votes.
Last Updated On: Mon, 23 Dec 2024

The Ultimate Pip Collector employs a combination of trend-following and countertrend strategies to adapt to various market conditions.

The EA uses a Dynamic Trading Logic, Advanced News Filter, Low Drawdown Technique, and Smart Money-Management Tactics to collectively contribute to its ability to provide a robust and reliable trading experience for both novice and experienced traders.

Currency Pairs EUR/USD, GBP/USD, USD/JPY, and U ...
TimeFrame H1.
4.9/5
617 total votes.
Last Updated On: Sat, 21 Dec 2024

The Alita Pro Battle Cyborg uses a price action trading strategy combined with trading indicators. It is designed to automatically place, manage, and close trades1. The strategies include:

  • Scalping

  • Swing Trading

  • Trend Following

Currency Pairs Currencies: EURUSD, USDCHF, USDZ ...
TimeFrame multiple timeframes.
4.8/5
915 total votes.
Last Updated On: Sun, 8 Dec 2024

The Happy Index primarily uses a technical analysis and trend-following strategy to trade the US30 (Dow Jones Index). It leverages advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades precisely. Additionally, it includes a news filter to avoid trading during significant economic news events, reducing the risk of losses due to market volatility.

Currency Pairs US30 (Dow Jones Index)
TimeFrame M5, M15 or M30.
4.9/5
561 total votes.
Last Updated On: Sun, 10 Nov 2024

The King Robot is a high-growth scalper with no grid, and as its developers ensure, the EA can get 10% to 100% profit per month with a high frequency of trades.

Currency Pairs AUDUSD, EURUSD, GBPUSD, USDCAD, ...
TimeFrame Any.
4.9/5
13 total votes.
Last Updated On: Sat, 9 Nov 2024

Power Growth Trader is a scalper EA with an intelligent money management system.

Currency Pairs AUDCAD, EURGBP, EURSGD, GBPAUD, ...
TimeFrame H1.
4.9/5
53 total votes.
Last Updated On: Fri, 8 Nov 2024

The Target Trader system has a proven track record of delivering consistent results based on trend, volatility, and price action movements using intelligent, carefully selected trade entries. Besides that, it's designed to last for years without needing to be updated.

Currency Pairs Multi-Currency (17 Pairs)
TimeFrame Any.
4.9/5
517 total votes.
Last Updated On: Thurs, 7 Nov 2024

Trade Explorer efficiently monitors the market trends and price action, while ignoring sharp movements and market noise. It has an advanced dynamic trade management system designed to keep high returns with relatively low drawdowns.

Trade Explorer scans over 27 pairs, hunting for opportunities to be exploited.

Currency Pairs 27 Currency Pairs.
TimeFrame Any.
4.9/5
17 total votes.
Last Updated On: Wed, 3 Jul 2024

A Forex trading system that combines two completely different Forex Strategies, called CORE1 (Trend Following) and CORE2 (MA indicator). Both systems use powerful drawdown control systems.

Currency Pairs USDCAD and EURUSD
TimeFrame H1.
4.8/5
317 total votes.
Last Updated On: Sun, 30 Jun 2024

FX Quake algorithm is based on a grid strategy with a small lot increase and drawdown limiting system.

Currency Pairs AUDUSD, EURJPY, EURUSD, GBPUSD, ...
TimeFrame H1.
4.7/5
617 total votes.
Last Updated On: Thurs, 27 Jun 2024

Based on predefined gold scalping strategy rules, the SuperGold trading robot automatically executes trades on the MetaTrader platform, using a proprietary trading algorithm.

Currency Pairs XAUUSD
TimeFrame M1.
4.8/5
169 total votes.
Last Updated On: Mon, 24 Jun 2024

In Metatrader4, the US30 Turbo EA works only with the US30 index.

With its inner settings, it will analyze the market, collect all the market information, and place a trade based on that information.

As long as it trades only above 86% accuracy and if trades go into drawdown, it will use its smart grid to breakeven the trades without losing money.

Try it out on a demo account for better understanding.

Currency Pairs US30 Index
TimeFrame H1.
4.8/5
713 total votes.
Last Updated On: Sun, 23 Jun 2024

Gold Hitter EA only works on the XAUUSD pair on MetaTrader 4. An inside setting analyzes the market, gathers fundamental news, and places the trade based on that information. Trading is limited to 88% accuracy and if the trades go into drawdown, the smart grid will breakeven the trades without loss.

Currency Pairs XAUUSD
TimeFrame Any.
4.9/5
1249 total votes.
Last Updated On: Tues, 7 May 2024

Chat GPT and Gemini (developed by Google) are the two most powerful AI engines available. The Gemini AI handles real-time trading data better than Chat GPT. However, Chat GPT excels at managing complex conversation threads even though it is trained only on past data. Combining Chat GPT and Gemini AI leads to the most accurate and current trading forecasts.

AI alone, can't be reliable - a proven, solid strategy must back it up. FXAutomater deliver results that stand out with their AI-powered strategy Infinity Trader EA!

Currency Pairs AUDCAD, GBPUSD, and NZDCAD
TimeFrame M15.
4.9/5
136 total votes.
Last Updated On: Thurs, 18 Apr 2024
Forex Gold Investor trades by the use of precise entry and exit trading algorithms with drawdown protection system, intelligent money-management system, revolutionary "Go Long" trading system, and broker SPY module.
Currency Pairs XAUUSD
TimeFrame 15M.
4.88/5
68 total votes.
Last Updated On: Thurs, 14 Mar 2024

Investing in intraday seasonal volatility patterns driven by news events is the goal of News Catcher PRO, which is a sophisticated mean-reversion trading strategy.

News Catcher PRO does not use martingale or grid by default (optional grid is available).

Currency Pairs GBPUSD, EURUSD, and EURCHF are t ...
TimeFrame M5.
4.9/5
23 total votes.
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