Technical indicators are calculations based on a security price and volume. They are used both to confirm the trend and the chart patterns' quality and to help to determine the buy and sell signals. They can be applied separately to form buy and sell signals, or used together in addition to chart patterns and price movement.

Technical analysis indicators can generate buy and sell signals through moving average crossovers and divergence. Crossovers express when price moves through the moving average or when two different moving averages cross each other. Divergence express when the price trend and the indicator trend move in opposite directions indicating weakness of the price trend direction.

Not all of the technical indicators are widely used in the Forex systems. The ones of utmost importance for developers and at least one of them is used to develop their trading strategy are the following:

  • Moving Average
  • Bollinger Bands
  • Relative Strength Index (RSI)
  • Stochastic Oscillator
  • Moving Average Convergence/Divergence (MACD)
  • ADX
  • Momentum
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: 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: Sat, 1 Apr 2023

FXParabol uses a combination of two indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend.

Currency Pairs USDJPY, USDCHF, & EURUSD
TimeFrame M1.
4.9/5
21 total votes.
Last Updated On: Wed, 11 Jan 2023

WallStreet Forex Robot 3.0 Domination is a scalper EA that's not limited to the Asian session, opening positions around the clock with a fairly profitable outcome, a few indicators that are shipped with Metatrader are involved creatively, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this EA, this seems to be entirely thread-safe.

Last Updated On: Fri, 23 Dec 2022

Instead of looking at signals on your chart just run Instant EA with your indicator and it will automatically trade, manage, and close your trades.

Instant EA allows you to

  • Back-test your indicators rapidly, test settings, and optimize.
  • Run your indicators on live and demo accounts automatically (no more sitting in front of your computer for hours on end).
  • Convert your indicators into fully automated Forex robots.
  • And so much more.
Currency Pairs Any
TimeFrame Any.
5/5
15 total votes.
Last Updated On: Wed, 21 Dec 2022

In order to spot trends in the markets, the Easy Money X Ray Robot makes use of a proprietary quad indicator system that is composed of four indicators that are used in combination to determine the best entry points.

Currency Pairs EURUSD, GBPUSD, & XAUUSD
TimeFrame Any.
4.9/5
9 total votes.
Last Updated On: Sun, 18 Dec 2022

Happy INDIcators PRO pack is a group of indicators that can determine a certain currency's future movement direction. This integrated mix of a variety of indicators can help to achieve stable profits in Forex trading.

Currency Pairs EURUSD
TimeFrame H1.
4.75/5
67 total votes.
Last Updated On: Mon, 12 Dec 2022

FX Eternals Trading is based on Long-term profitability with the drawdown algorithm according to risk setting.

Last Updated On: Thurs, 10 Nov 2022

USDJPY pair is continuously scanned by the Happy Japanese Market's indicators all day for trading inputs based on the indicator methodology.

Currency Pairs USDJPY
TimeFrame D1.
4.9/5
23 total votes.
Last Updated On: Wed, 21 Sep 2022

Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.

Currency Pairs XAUUSD
TimeFrame Any.
4.3/5
17 total votes.
Last Updated On: Wed, 24 Aug 2022
Happy Gold uses a trend strategy with a modified ZigZag indicator, that best works on XAUUSD in the M30 chart.
Last Updated On: Sat, 14 May 2022

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.

Currency Pairs EURUSD, USDCAD, GBPUSD, EURJPY, ...
TimeFrame H1.
4.7/5
17 total votes.
Last Updated On: Thurs, 12 May 2022

AX Trader is a High-Frequency Currency Trading Forex Robot coded with a unique hybrid strategy that utilizes Fibonacci and trend following.

Currency Pairs AUDUSD, GBPUSD, USDCHF, EURUSD, ...
TimeFrame Any.
3.9/5
35 total votes.
Last Updated On: Mon, 9 May 2022

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.

Currency Pairs Using Settings 1: GBPUSD, and AU ...
TimeFrame H1.
5/5
2366 total votes.
Last Updated On: Sat, 7 May 2022

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.

Currency Pairs AUDUSD, GBPJPY, EURGBP, USDCAD, ...
TimeFrame Any.
4.9/5
19 total votes.
Last Updated On: Wed, 4 May 2022

FX Classic Trader swings between Support/Resistances with continuous indicators analysis & calculations by a really unique trade algorithm to decide when to close and open transactions.

Last Updated On: Sun, 7 Feb 2021
The Onyx Scalper has an integrated trading algorithm combining a number of technical indicators that reveal data on currency charts to form an easy to read and handle trader's dashboard with distinct color-differentiated buy and sell trading signals that generate alerts sent via the trading platform pop-ups, SMS, and email.
Currency Pairs All major Forex currencies added ...
TimeFrame Any timeframe..
5/5
17 total votes.
Loading more Expert Advisor Reviews...

End of Expert Advisor Reviews!

No more Expert Advisor Reviews to load!

End of Expert Advisor Reviews!

No more Expert Advisor Reviews to load!
Share