A trend is simply a tendency, a market movement direction, and is considered as one of the most essential concepts in technical analysis. Any technical analysis tool used by an analyst has only one purpose, which is to help to identify the market trend. The Forex trend meaning is very much similar to its general meaning - just the direction in which the market moves. But the difference is that the foreign exchange market not like other markets, it moves in a characterized way by series of zigzags, like successive waves that have clear peaks and troughs or as they are often called highs and lows.

Trend trading is one of the oldest classic trading strategies and is now taking its rightful. Its strong logic suggests it keep its relevance among traders around the world in the future. It has three main very logical strong but simple principles:

  • Buy when the market goes up (uptrend/bullish trend).
  • Sell when the market goes down (downtrend/bearish trend).
  • Take no action, see and wait when the market moves horizontally, not up nor down (sideways trend/consolidation).

The trend following strategy application is compatible with trades on various timeframes, but medium and long-term trading has the highest rate of protection accuracy and lowest risk value, where the long-lasting trends are considered strong ones. Swing and position traders whose trading depends on predicting the future market movement direction would greatly prefer using trend trading. Also, scalpers and day traders catch trends, but more precisely in weaker and very short-lived ones, a form of fluctuations within the main big trend.

Last Updated On: Sat, 30 Jul 2022

Multi-strategy-based Scalping Expert advisor.

Currency Pairs 28 Currency Pairs (Enable Major ...
TimeFrame Any (according to the set file given)..
4.8/5
298 total votes.
Last Updated On: Sun, 15 May 2022

No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.

Currency Pairs GBPUSD
TimeFrame Any.
4.7/5
19 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: 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

Happy Frequency combines the concepts trend/grid/hedge/semi-martingale according to risk low/middle/high/combi EA files. The whole strategy is protected with a News filter.

Last Updated On: Thurs, 17 Mar 2022
Omega Trend is designed on well-established rules that enable it to run both in up and down markets. Its core algorithm is based on the fundamental trading truism: Volatility equals profits.
Currency Pairs GBPUSD, EURUSD, EURJPY
TimeFrame H1.
4.68/5
225 total votes.
Last Updated On: Wed, 16 Mar 2022

As the name suggests, Forex Combo System is a collection of several subsystems, four to be clear. The most accurate description that fits it is "four different EAs joined together". The result of such an EA could be considered "Pleasant" as you will discover this yourself after some further reading, It's an easy-to-use EA and is one of the most solid automated trading systems that I've ever seen.
 

Currency Pairs EURUSD, GBPUSD, EURAUD and EURCA ...
TimeFrame M15.
4.7/5
462 total votes.
Last Updated On: Sat, 30 Jan 2021
FX Secret Immortal runs three Forex trading strategies combined in one system with perfect synergism and harmonical interaction.
Currency Pairs EURUSD
TimeFrame Any.
4.9/5
333 total votes.
Last Updated On: Sat, 14 Nov 2020
Funnel Trader EA strategy simply identifies short term trends and trades in their direction.
Currency Pairs AUDJPY, AUDUSD, EURJPY, EURUSD, ...
TimeFrame M15.
4.77/5
87 total votes.
Last Updated On: Thurs, 12 Nov 2020
The base core of Professional Breakout Trading System is the market model Volatility Breakout, it opens and closes trades within one daily session. It captures large daily movements in the short-term trend direction that is determined by a built-in Trend Filter.
Currency Pairs EURUSD
TimeFrame H1.
4.8/5
372 total votes.
Last Updated On: Tues, 24 Jul 2018
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, ...
TimeFrame M15.
4.79/5
60 total votes.
Last Updated On: Fri, 22 Jun 2018
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.
4.77/5
33 total votes.
Last Updated On: Thurs, 14 Jun 2018
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 a ...
TimeFrame H1.
4.8/5
25 total votes.
Last Updated On: Tues, 13 Mar 2018
FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Currency Pairs EURUSD, GBPUSD, EURJPY, USDCAD, ...
TimeFrame H1.
4.94/5
194 total votes.
Last Updated On: Fri, 12 Jan 2018
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.
4.76/5
78 total votes.
Last Updated On: Wed, 20 Dec 2017
Professional Trading Portfolio is a merge of both Professional Breakout Trading System and Professional Reversal Trading System to work together, they are totally automated Forex systems coded for Metatrader4 platform.
Currency Pairs EURUSD
TimeFrame H1.
4.78/5
242 total votes.
Last Updated On: Thurs, 19 Jan 2017
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.
4.81/5
258 total votes.
Last Updated On: Tues, 3 Jan 2017
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.
4.65/5
58 total votes.
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