Last Updated On
Mon Aug 08th, 2016
 
Rating: 4.78/5 (374 vote(s) cast)

Official Website  EA Full Review

Compared to the previous version, the latest RobinVOL v3.0 is a totally new Forex robot that included many improvements and new features in addition to some important features from its precursor v2.0.

It trades volatility breakouts. It enters positions in the breakout directions using two different strategies:

  • On Breakout Occurrence.
  • On Breakout Retracement.

Positions are added in the breakout direction on every bar as long as the conditions are met, RobinVOL only trades at the bar close protecting against some market spikes and fake movements.

If the TakeProfit or StopLoss levels are touched by the traded pair price, the opened trade is not closed at once, but RobinVOL waits for the bar closing to see if the price closes behind those levels, so every trade closing will always be a bit further from both the TakeProfit and StopLoss levels.

Portfolio Mode

This is a new capability in the latest version 3 of the EA, it can now run with multiple configurations at the same time via holding and manipulating the market data rapidly and precisely.

Order Management

Inline with portfolio mode, RobinVOL v3.0 can now efficiently manage all operations on the same currency pair and avoid unnecessary commissions to improve its efficacy.

Single Trading Mode

This is the traditional trading mode of the previous version 2.0, it's still operable in the latest version 3.0 where it's now more profitable thanks to the improvements made to the latest version, the most important of which is the ability to trade in non-standard timeframes as 7M and 12M for example.

Security and Protection

All the security features of the older version 2.0 as the weekend protection, bracket StopLoss / TakeProfit and setting an initial balance regardless of the real account balance are kept in the latest version 3.0 in addition to the new option to specify the size in the account currency for calculation operation sizes that was added to the EA settings.

Performance Variations Expansion

Multiple pairs are now supported with different timeframes that were carefully selected after deep performance analysis and testing with various techniques.

Graphical Interface

A redesigned graphical interface is now integrated to display important information on the chart in a simple and clean way to track information from different charts in one place.

Setting Files and Folders Structure

After installing RobinVOL v3.0, monthly updated setting files that are downloadable at the official client area have to be copied to EA folders every month, a new structure of these folders have been set to make this process easier compared to the previous version.

On updating the setting files at the beginning of each month, trades from the previous month will still be automatically managed even if there is no setting files.

RobinVOL v3.0 can also run with other Forex robots.

Trading Idea
Forex RobinVOL trades volatility breakouts and their retracements. It's not a scalper and opens additional trades whenever matching the first entry conditions, up to a preset count of trades which is 8 by default, and just trades at bar open.
Currency Pairs
AUDJPY, AUDUSD, CADJPY, EURAUD, EURGBP, EURJPY, EURUSD, GBPAUD, GBPUSD, USDCAD and USDJPY
Timeframe
M1, non-standard timeframes are supported.
Backtests
Available in the Forex RobinVOL Review
Live Performance
Available in the Forex RobinVOL Review
Last Updated On
Wed Jul 20th, 2016
 
Rating: 4.81/5 (83 vote(s) cast)

Official Website  EA Full Review

It basically depends on short term trends by identifying them and trading in their direction.

It trades multiple currency pairs at a time with coordination to balance out the risk.

So if for example the EA has 2 pairs with profitable trades, then one of them has gone against the desired direction, the system then tends to close this loser trade but it waits till the result sum of closing both is a profit, to close them together, so the net result will be a profit despite the losing trade.

This is considered a reasonable form of protection added to profit securing!

Trading Idea
Funnel Trader EA strategy simply identifies short term trends and trades in their direction.
Currency Pairs
AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD and USDJPY
Timeframe
M15
Backtests
Available in the Funnel Trader Review
Live Performance
Available in the Funnel Trader Review
Last Updated On
Thu Jun 30th, 2016
 
Rating: 4.53/5 (40 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 23rd, 2016
 
Rating: 4.53/5 (43 vote(s) cast)

Official Website  EA Blog & News  EA Full Review

By its carefully coded logic, RayBOT trades swings close to support / resistance levels and once a position has been opened, the eagerly acting built in trade management unit starts its work.

To protect the trade, the ideal StopLoss and TakeProfit levels are then immediately calculated by the EA to be set on the broker's side, while the trade is really managed by using undisclosed StopLoss and TakeProfit which are dynamically calculated by the EA according to the running volatility level and usually limited to 65 pips on an average of just 35 pips. During periods of financial crisis, the market could be extremely volatile, in such cases, the EA sets the StopLoss at a maximum of 200 pips.

RayBOT allows winning trades to continue to their full potential to maximize gains while it early cuts losing ones. It usually closes trades on the trend strength loss or at the early beginning of a reversal.

The system is a positive risk to reward ratio dependent, achieving a success rate that could exceed 50%.

Trading Idea
As a non-Grid, non-Martingale system, RayBOT relies for its trading on price swings between Support / Resistance levels. It is a frequent trader achieving a trading rate of about 5 to 10 trades a week on each currency pair.
Currency Pairs
EURUSD, AUDUSD, USDCAD
Timeframe
M15
Backtests
Available in the RayBOT Review
Live Performance
Available in the RayBOT Review
Last Updated On
Thu Apr 28th, 2016
 
Rating: 4.43/5 (72 vote(s) cast)

Official Website  EA Full Review

  • It's a Trend follower Forex robot (No Forex indicators are involved).
  • It also has an improved smart money management system that can keep the account balance secure and protect it from unbearable losses!
  • It has a safe Drawdown control.

Trading Idea
PowerfulForex is a non-indicator dependent Forex robot - uses no indicators in its algorithm, but computes the entry and exit points according to its precise analysis of the market movement in the past days.
Currency Pairs
AUD/USD,EUR/USD
Timeframe
H1
Backtests
Available in the PowerfulForex Review
Live Performance
Available in the PowerfulForex Review
Last Updated On
Fri Apr 22nd, 2016
 
Rating: 3.88/5 (165 vote(s) cast)

EA Full Review

General Trading Features

As a breakout based Forex robot, Manhattan FX always sets a StopLoss for every trade to protect the account, in addition to its clever Money Management system that carefully determines trading opportunities and the suitable lot size for each of them.

Trading Limits

Manhattan FX Trading is limited to 10 lots (1000,000 units) in the 2-License version and 5 lots (500,000 units) in the other 2 versions, this is useful for disallowing unnecessary high positions and is considered a good safety measure.

High Spread Filter

By default, Manhattan FX this built in system forces the robot to cease trading during spreads widening as during summer and before news. This can be stopped manually if not desired.

Trading Idea
Manhattan FX is a breakout based Forex robot without any martingale, arbitrage or grid strategies involvement.
Currency Pairs
EURUSD only for the Basic Version and EURUSD, GBPUSD for the Ultimate and 2-License Versions.
Timeframe
M1
Backtests
Available in the Manhattan FX Review
Live Performance
Available in the Manhattan FX Review
Last Updated On
Wed Apr 06th, 2016
 
Rating: 4.52/5 (98 vote(s) cast)

Official Website  EA Full Review

Adaptive Trading

Hedge Track Trader rarely needs to be manually adjusted on market conditions changes, it can adapt to them successfully as seen in the 2015 - 2016 market conditions that could fail many other strategies but this one.

Compatible With Small Accounts

It doesn't require high starting account balance, it can adapt to any account size and start trading with reasonable risk.

Conjectural Trade Management

It determines various target profit levels according to the current market conditions, trends, and certain volatility factors to manage trades dynamically.

Cross Currency Hedge Protection

In traditional hedge strategy, you buy and sell a currency pair at the same time allowing for the winner trade to proceed and cutting off the loser one, this is how you can make profits from hedging.

This is unlike Hedge Track Trader EA which perform hedging on different currency pairs and thus harvesting more profits with an always considered protection element.

Trading Idea
As its name suggests, Hedge Track Trader uses a hedge trading strategy that appears to be a safe one with low risk and it could yield high profits. Its integrated algorithm is designed to adapt to the continuously changing market conditions and intelligently managing trades and risk, lock-in profits and strictly limit drawdowns.
Currency Pairs
20 Different Currency Pairs
Timeframe
M15
Backtests
Available in the Hedge Track Trader Review
Live Performance
Available in the Hedge Track Trader Review
Last Updated On
Sun Mar 13th, 2016
 
Rating: 4.3/5 (39 vote(s) cast)

Official Website  EA Full Review

Added to being a fully automated, adaptable and customizable, a user friendly and a compatible Forex robot with all broker and account types including US based ones, Forex Trend Hunter has many other useful features the most interesting of which are:

  • An integrated well developed account and money management system.
  • A built-in sophisticated loss recovery system.
  • Protection system against inequitable brokers trying to deceive.
  • High profitability as it could exceed 300 pips in one trade.

Trading Idea
A trend following, long term profiting Forex robot. It's not an Asian scalper as the broker trading conditions or spread widening have no rule over its performance.
Currency Pairs
EUR/USD, GBP/JPY, EUR/JPY
Timeframe
H1
Backtests
Available in the Forex Trend Hunter Review
Live Performance
Available in the Forex Trend Hunter Review