Following popular trading styles as day trading, carry trade, buy and hold strategy, hedging, portfolio trading, spread trading, swing trading, order trading, and algorithmic trading is an important way to develop Forex trading strategies.
Understanding the strengths and weaknesses points is the cornerstone for the use and development of Forex trading strategies. The trader personality is an important factor that should be considered when developing a strategy that suits it and his behavior.
No one “right” way of trading exists; the right way for some may not suit others. This is called the trading style Forex strategies which was converted to automated strategies by some developers in Forex robots that proved to be successful as no personal interference exists in this case, below we've published reviews of some of them.
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.
A super simple twist on Keltner Channels; a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created. This idea is based on a book called "How to Make Money in Commodities", by Chester Keltner. KeltnerPRO is entirely automated.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
Fapturbo 2.0 v2.0
Fapturbo 2.0 trades 6 pairs with an extremely high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.
Currency Pairs
6 Pairs + Bitcoin
TimeFrame
M15 for Bitcoin trading and H1 for Multicurrency trading..
Forex Megadroid v1.40
Forex Megadroid is an Asian session scalper, it resets its algorithm according to the current market conditions insuring your profits and minimizing your losses, it applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), it's able to trade without being detected by the broker.
Forex Striker v1.2
Forex Striker is a scalping Forex robot, trading on the 5M timeframe, can run on accounts of as little as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.
Forex Diamond v6.1 (MT4) / 6.3 (MT5)
Forex Diamond is a unique integration of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations, and rapid trade execution, implementing 3 advanced market domination strategies; secure after-retracement, secure countertrend, and aggressive countertrend scalping strategies and designed to trade with 3 proven Forex trading algorithms.
PipJet Robot v1.02
PipJet Robot is an Asian session scalping.
A scalping robot on trend pullbacks, resembling WallStreet Forex Robot. While its TP is set at 35 pips from the entry, it prefers to close most of the trades at 2-4 pips in profit and rarely keeps a trade running its full course. Its SL is set at 70 pips
Drive Gold v201
Drive Gold is an expert advisor trading gold using the grid basket strategy.
FX Capitalist v1.1.7
FX Capitalist is a scalper all over the day with so tight stop loss (L version => 4 pips, S version => 2 pips) and a more higher take profit target (L version => 13 pips, S version => 11 pips). The losing trades are ordinary predominant, but the final result is still good.
Million Dollar Pips v1.6
Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another. Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another.
As its name suggests, Ichi is a scalper robot, taking advantage of AUDUSD while it's bound in a range and not trending high values before some retracement.
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