Last Updated On
Thu Feb 22nd, 2018
 
Rating: 4.91/5 (13 vote(s) cast)

Official Website  EA Full Review

Modified ZigZag indicator compares between the price scale percentage set in the the EA parameters to the chart's extreme points and detects those being equal or higher than that price scale percentage.

The EA has built in money management settings and is newbie and experienced traders friendly.

Happy Gold EA is still profitable since 2010 as it adjusts itself continuously to the market, it keeps working programmed with 100% market evaluation and implementation. The EA XAUUSD best settings comes with it, all of which are editable to be improved according to the trader's requirements.

99.90% optimization in MT4 was used by the EA developers to code and refine it for the best stability and profits.

Happy Gold EA gets active making trades during certain hours, the price direction for which was previously analyzed and determined by the EA algorithms.

It allows setting the desired risks for trading and profitability, it opens trades every day.

More than 89% success is guaranteed by the software creators with verified results while very rare conditions during which the EA may fail exist.

Trading Idea
Happy Gold EA uses trend strategy with modified ZigZag indicator, that best works on XAUUSD in M30 chart.
Currency Pairs
XAUUSD (GOLD)
Timeframe
M30
Backtests
Available in the Happy Gold Review
Live Performance
Available in the Happy Gold Review
Last Updated On
Fri Jan 12th, 2018
 
Rating: 4.86/5 (69 vote(s) cast)

Official Website  EA Full Review

Forex Pulse Detector has manual trading capability through its integrated Hybrid System (BUY and SELL buttons), then the trade after being launched manually, it is managed by the robot's trading system.

This hybrid System is helpful for moderately experienced traders who can feel the market reversal themselves, but still unable to manage the open trades.

Hybrid System is recorded in action in the video and it is making profits of 300 pips a week using manual trading.

Beside being fully automated and customizable, user friendly, co-operative with other simultaneously trading expert advisors and compatible with all brokers, Forex Pulse Detector has many other interesting features, the most of which are:

  • Intelligent account and money management system.
  • Advanced loss recovery system.
  • High Spread and High Slippage protection system against unfavored market conditions.
  • Broker protection system against those trying to fraud.
  • Hidden TakeProfit and StopLoss from the broker (prevent hunting).

Trading Idea
Scalping and grid 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
Backtests
Live Performance
Last Updated On
Mon Jan 01st, 2018
 
Rating: 4.79/5 (249 vote(s) cast)

Official Website  EA Full Review

After Ray Scalper developers have made many researches in the field of ray tracing, they finally could implement the concept into Forex trading via this EA which doesn't ignore the requirement of short term gains of the majority of traders. The EA includes a perfect portfolio diversification via a unique trading strategy that is unmatched among other currently commercially available Expert Advisors.

According to Ray Scalper trading strategy concept of ray tracing, Support / Resistance levels are considered as objects after being calculated using Fibonacci levels, weekly classical Pivots and other standard methods. The EA closes every 15 minute bar and shoots out rays in both long and short directions. It places a default target price (H1 ATR) at a distance of about 6 hours. If some Rays were able to touch the target without cutting across any calculated Support / Resistance level are considered good trading opportunities by the EA which then opens a long or a short trade guided by the best possible ray's direction. StopLoss is then placed at 4x the H1 ATR. This gives enough space for the EA to close trades which take more time to work in its favor.

This is a highly versatile entry logic for Ray Scalper developed and implemented by Phibase which enables the strategy to handle both low and high volatility price actions much better than the prior EA versions.

The scalping strategy of the previous version 2.0 is excellent but it only makes larger gains during certain winning phases when favorable price actions exist, which occurrence time is highly impossible to predict. The current Ray Scalper version 3.0 distributes gains better fairly with preserving the EA scalping nature. The EA Risk : Reward ratio which is 5:2, was the major of the Ray Scalper earlier versions cons which was solved via version 3.0 strategy and trade management system and it now delivers a Risk : Reward ratio of just 3:2 with a success rate maintained above 68%. The difference in the EA performance between some brokers was also reduced by the new strategy.

Trading Idea
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Currency Pairs
EURUSD
Timeframe
M15, H1
Backtests
Available in the Ray Scalper EA Review
Live Performance
Available in the Ray Scalper EA Review
Last Updated On
Thu Dec 28th, 2017
 
Rating: 4.9/5 (993 vote(s) cast)

Official Website  EA Blog & News  EA Full Review

Volatility Based Market Algorithm & Money Management

Volatility Factor EA was designed to make 10-15+ pips per trade via its very powerful volatility based market algorithm.

This algorithm closely watches the market, so when a desired movement is detected in a certain direction, in a lightening fast reaction, it initiates trades with leverage to magnify the returns on the current market volatility.

The EA focuses on the medium term market's signals and with its powerful and sensitive money management system, it can keep your account safe and minimizes risk till the trades get exited.

Prevailing Level Detection

This is the corner stone for the volatility based trading strategy via a thorough view over the market to correctly predicting the currency pair trading range within which its price swings.

More over, thousands of sophisticated calculations are necessary to correctly map the channel and accurately identify the prevailing level, which are automatically processed by Volatility Factor EA.

Drawdown Correction

By applying the volatility based market algorithm, the EA can make important profits unless a genuine channel breakout has occurred that isn't inline with the algorithm's calculations, here the EA money management algorithms starts its action by closely watching the trades and systematically closing each position with an optimal profit level and a minimum drawdown to protect the account balance and keep it within the risk profile parameters.

Trading Frequency

With such strategy and profiting protocol, any system should end into a lazy one with slow trading rate, but via its lightning fast trading logic, Volatility Factor EA can quickly react with the market, analyze it and makes 3 - 4 profitable trades per session.

Spread and Price Slippage Protection

Volatility Factor EA has an advanced integrated protection system that is configured to minimize the broker driven price spread and slippage, so it's compatible with any broker and any account type.

Trading Idea
Volatility Factor EA trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard StopLoss of 50 pips, this means that touching the SL for the 4 basket trades would mean a drawdown (4 * 50 = 200), this is a so much safer if compared to the older version which drawdowns could be in excess of 1500 pips of (380 * 4 = 1520) pips.
Currency Pairs
GBPUSD, EURUSD and it also trades other unsupported pairs.
Timeframe
M15
Backtests
Available in the Volatility Factor Review
Live Performance
Available in the Volatility Factor Review
Last Updated On
Wed Dec 20th, 2017
 
Rating: 4.77/5 (240 vote(s) cast)

EA Full Review

Professional Trading Portfolio is simple and adaptable and it is a completely automated portfolio.

Benefits Integrated in the Portfolio

Money Management: Modified to work with both systems and is adjustable to meet the personal needs of each individual trader.

Advanced Money Management: MM formula is so useful for trading small accounts to grow at fast rate. It's a especially developed formula not a Martingale and aims to compensate for aggressive traders who are friendly with big swings on their accounts. With it the portfolio developers team were able to grow an account 918% in just 4 months.

Free Expert Advisors: Strategy codes (.ex4 files) for MetaTrader 4 which will be ready for automated trading with the Portfolio in not more than 5 minutes.

Revealed Trading Rules: All the trading rules of the systems are included in the portfolio with the concepts upon which the systems were coded.

Trend Filter: It originally comes with Professional Breakout Trading System and it's a custom trend indicator that filters out the trades to enhance the system performance.

Reversal Detector: It originally comes with Professional Reversal Trading System and it's another special custom indicator that enables registering on a trend reversal.

Stop Loss: A stop loss level is assigned for each trade for safety and trading confidentially.

Adaptability to Volatility: The portfolio calculated values including the stop loss level are based on the markets' most recent volatility to adapt for the ever changing market conditions.

Manual Mode: This enables manual trading for those who prefer own mind calculations, simple worksheets are included on which the systems signals can be calculated in a few minutes per day.

Platform maneuverability: Manual trading creates system signals that can be used for trading on every other platform like TradeStation, TradeNavigator, NunjaTrader, MultiCharts, Metastock, MetaTrader ect.

Trading Idea
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
Backtests
Live Performance
Last Updated On
Mon Dec 11th, 2017
 
Rating: 4.8/5 (242 vote(s) cast)

Official Website  EA Full Review

Based on scalping strategy, the EA uses identical 40 pips stop loss and take profit limits, producing a theoretic a 1:1 risk-reward-ratio. This risk-reward-ratio may fall to 2:1 in backtests or even lower in live trading as the EA Happy Market Hours tends to close positions regularly after the market positions before S/L and T/P limits are reached. However these limit values in the EA are excellent for a scalper.

The default maximum spread used by the EA is 5 pips, such a spread - especially with minor currency pairs - is unreachable by any broker even during the active European or American Sessions. During the wider spread Asian Session, this limit could be breached easier.

Trading Idea
A scalper EA using identical 40 pips S/L and T/P limits with default maximum spread of 5 pips, basically designed for all types of traders in the Forex market including new users.
Currency Pairs
EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF, CADCHF
Timeframe
M15
Backtests
Available in the Happy Market Hours Review
Live Performance
Available in the Happy Market Hours Review
Last Updated On
Tue Oct 31st, 2017
 
Rating: 4.88/5 (66 vote(s) cast)

Official Website  EA Full Review

Intra-Day Gold Price Cycles

The best chances for making a trade on gold in the set-times for buying and selling it is hard-wired into Forex GOLD Investor algorithm data.

Frequent Trades

To maximize the profit taking potential the EA will actively trade throughout the entire trading session.

Tested Entry and Exit Logic

"buy on deep" and "buy on strong" impulse based position entrance on time and the best trading scenarios.

Multiple highly effective profit protecting and drawdown reducing algorithms are combined to form the major Forex GOLD Investors exit logic algorithm that closes out every trade at the right time, protecting profits and minimizing losses.

Other Criteria

  • Highly adaptive algorithms to flawlessly executed your strategy.
  • A combination of the best performing models in one powerful trading strategy.
  • The best recommendations in all market situations (Up - down - stagnant).
  • Intelligent Money-Management System protects your profits.
  • 2 proven Trading Strategies packed into one fully automated Trading System.

Trading Idea
Precise Entry and Exit Trading Algorithms with Drawdown Protection System Intelligent Money-Management System, Revolutionary "Go Long" Trading System and Broker SPY Module.
Currency Pairs
XAUUSD
Timeframe
15M
Backtests
Live Performance
Last Updated On
Tue Aug 08th, 2017
 
Rating: 4.57/5 (318 vote(s) cast)

Official Website  EA Full Review

Although sometimes more than one joint is open in the same direction, Forex Earth Robot doesn't apply a grid martingale strategy, it incorporates a powerful money management strategy and tends to look for high quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.

Trading Idea
Forex Earth Robot incorporates a powerful money management strategy and tends to look for high quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.
Currency Pairs
EURUSD, GBPUSD and EURGBP
Timeframe
M5
Backtests
Available in the Forex Earth Robot Review
Live Performance
Available in the Forex Earth Robot Review
Last Updated On
Sat Aug 05th, 2017
 
Rating: 4.55/5 (42 vote(s) cast)

Official Website  EA Blog & News  EA Full Review

It applies the professional fund managers technique called the "Smart Money" for maximum profitability, in addition to a sophisticated drawdown compensating algorithm combined to the well known volatility breakout strategy for maximum protection.

The volatility breakout strategy is used by Smart Money technique to follow the market impulse for its purity and logic for the most reliable and constant performance.

In addition to that, the EA applies a cutting-edge polynomial algorithm that sets and tunes the system parameters in real-time in response to the continuous market movements and condition changes.

It also applies a set of intelligent profitable and protecting systems as:

  • High spread and high slippage protection system.
  • State-Of-The-Art Profit Protection System.

Trading Idea
No exotic or speculative techniques are applied in the EA and it's not a slippage or spread dependent.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
Currency Pairs
EURUSD
Timeframe
M5
Backtests
Live Performance
Last Updated On
Thu Jun 15th, 2017
 
Rating: 4.84/5 (389 vote(s) cast)

Official Website  EA Full Review

FXMower EA of finds entry points for trading using its unique algorithm by recognize trends or fast movements beginning and end, then decide the best direction to open each order.

The EA uses Trailing Stop for the first order with no Take Profit, and quickly alters the Stop Loss. That first order can take the whole profit from a spike or fast movement in any direction.

The EA opens the second and third orders after the first order Stop Loss in the favorable direction detected by the EA either following or against the trend. It never opens orders in one direction giving a chance to get a rollback.

Trading Idea
FXMower EA allows setting a desired drawdown limit for the account!
Currency Pairs
EURUSD
Timeframe
M30
Backtests
Available in the FXMower Review
Live Performance
Available in the FXMower Review