Forex Truck is a smart trading robot that works 100% automatically.
Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.
The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.
One account (real or demo with unlimited possibility to change the account number), licensed for life.
Forex Truck is fully compatible with any broker. While in order to get the best achievable stability and profitability, we recommend using Golden Pickaxe on IC Markets Forex brokers in conjunction with TradingFX VPS Forex VPS.
Forex Truck has versions that can run on MetaTrader 4 & MetaTrader 5.
A detailed user manual is included.
High-quality and friendly technical support 24/7.
30 Days money back guarantee by Forex Truck EA vendor.
The first block is responsible for opening orders. It finds good entry points and only uses a fixed lot. Sometimes it opens only one order, and sometimes it can open the second one, depending on the signals of the algorithm.
One way or another, the first block accompanies each trade and tries to close it with good profit. But if the situation in the Market changes, Forex Truck EA does everything possible to close trades in a small profit, or even in a small loss, in order to avoid prolonged drawdowns.
In most cases, the first block does an excellent job, but if the situation goes beyond the usual for this block, then the second block gets involved.
The second block comes into operation only if the situation for the first one looks difficult to fix, and has already been going on for some time.
This block is designed to quickly fix everything and close all trades in total profit. The algorithm of this block resorts to opening additional orders based on the Market situation. These orders could be opened by Forex Truck EA with a small increase in lot sizes, which will allow us to quickly resolve the situation with unsuccessful trades. Moreover, ultimately this allows getting a profit, and not a loss.
In Forex Truck robot, the developers have implemented a reliable system for limiting drawdowns, which will ensure the safety of your funds, and in case of failure, will not allow loss of more than what you were ready to. The EA sets StopLoss and also monitors the status of orders in real-time so that, if necessary, closes them by the Market (forcibly).
All this works in accordance with a “risk” value specified in the settings of the EA.
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.
The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.
Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.
FXQuasar Expert Advisor does not use indicators.
It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.
Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.
To a greater extent, a price in the Forex market has a certain amplitude of fluctuation - replacing an upward movement with a downward one.
Based on this principle, FXHelix collects recent data on price movements to find a deviation from the average rate of price movement during a certain period. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.
No indicators are used by FXConstant. Price movements are directly analyzed by the EA. Patterns are activated based on price movement specificity.
ForexExtract is an interesting robot that, has many levels of protection which provide good reliability and security for the user's account. But even if they all fail for some reason, due to some unprecedented Market upheaval, ForexExtract has a built-in drawdown limitation mechanism that will protect your account from significant losses.
FXCipher has two built-in strategies, designed to adapt to a situation in the Market. Trading using one of them, the EA will switch to another strategy in case of certain circumstances, in order to minimize risks and increase efficiency. This helps to ensure the high reliability of the robot along with good profitability.
FX Jetbot's developers claim that they have put a lot of effort into developing and afterward configuring a special algorithm that very effectively finds the Market entry points. They also ensure that this algorithm can quite accurately predict where the price will go.
FX Jetbot almost always works with a fixed lot, without using Martingale.
FX Quake algorithm is based on a grid strategy with a small lot increase and drawdown limiting system.
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.
Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.
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Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.