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.
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.
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.
The NeuralEdge primarily utilizes high-frequency trading (HFT) strategies powered by artificial intelligence (AI) and neural networks.
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.
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
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.
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.
Power Growth Trader is a scalper EA with an intelligent money management system.
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.
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.
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.
FX Quake algorithm is based on a grid strategy with a small lot increase and drawdown limiting system.
Based on predefined gold scalping strategy rules, the SuperGold trading robot automatically executes trades on the MetaTrader platform, using a proprietary trading algorithm.
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.
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.
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!
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).