Last Updated On
Thu Jan 19th, 2017
 
Rating: 4.81/5 (257 vote(s) cast)

Official Website  EA Full Review

Einstein Trader uses price action strategy on M1 with employing certain safety filters, so trades frequency is limited with the predominance of specific higher profitable winner ones.

This is more realistic for profiting on live trading with real money accounts as too many trades at once can easily lose due to the of lack of liquidity and broker delays.

Trading Idea
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
Backtests
Available in the Einstein Trader Review
Live Performance
Available in the Einstein Trader Review
Last Updated On
Tue Jan 03rd, 2017
 
Rating: 4.64/5 (56 vote(s) cast)

Official Website  EA Full Review

The Price Inertia

This is a value that can be detected during sharp price movements and it indicates whether this is a temporary movement or the beginning of a new price direction.

Inertia Trader is always monitoring the market for sharp price that whenever occurred, the EA determines its inertia, if the inertia is indicates a new price direction, the EA opens trades at the bar close in the same direction of the price momentum.

Stop Loss & Take Profit

Every new trade opened by Inertia Trader gets a hard stop loss and take profit values for protection just in emergency situations.

The take profit value is always about one third above that of the stop loss, this is how a positive reward for risk on every trade can be ensured, while the stop loss is is never set to a large value.

This generates a positive ratio that provides a strong market edge for Inertia Trader in the long term whatever the current or overall market conditions are.

Account Protection

Many filters and action delays are added to the EA trading function to guard against possible spiked spreads or abnormal slippage periods as those of abnormal news.

In general, Inertia Trader protects the account from any abnormal and risky movements.

Trading Idea
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 forms 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
Backtests
Available in the Inertia Trader Review
Live Performance
Available in the Inertia Trader Review
Last Updated On
Thu Nov 17th, 2016
 
Rating: 4.86/5 (432 vote(s) cast)

Official Website  EA Blog & News  EA Full Review

It's mainly an Asian session scalper on 8 different currency pairs in addition to another unique strategy for EURUSD on the M1 timeframe is the "long term strategy". The included comprehensive manual attempts to explain every thing related to the Forex market up to VPS solutions, it even didn't ignore history data and backtesting. The package includes an ex4 and a DLL files and the EA supports so many parameters that are briefly explained in the manual, with mention of this disclaimer:

Other settings can be left as defaults. All other settings can be left as they are, and you can be confident in the knowledge that we have worked hard to optimize the default settings to ensure you achieve good results.

A question arises; why the Forex robot parameters are so important if it could work without modifying them? The authors may think that an EA being full of parameters will be more satisfying for a customer, while the only parameter that could be modified by a standard user seems to be the "GMT offset". Accordingly, the following backtests were run on a modified GMT offset. You may also need to modify the "money management risk", it's 5 in the EA by default that is good enough for backtesting, but the "long term strategy" was manually set to be automatic with a lot factor of 1, that looks like a correct risk setting for the pips number involved in every trade.

The new and improved versions FAPTurbo 2.0 and FAPTurbo 3.0 got many enhanced features significantly supporting the capital risk protection, including the High Spread Protection System, Automatic Risk Scaling and Built-In Loss Prevention System.

Trading Idea
The old style works as an Asian session scalper including a long term advanced strategy trading around the clock on EURUSD with high SL & TP targets.
Starting from FAPTurbo 2.0 and of course FAPTurbo 3.0, the EA could trade 8 different pairs with an extreme high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.
Currency Pairs
7 Different Pairs (EURUSD, EURGBP, EURCHF, GBPCHF, USDCHF, GBPUSD, USDCAD) + BITCOIN
Timeframe
M15 for Bitcoin trading and H1 for Multi-currency trading.
Backtests
Available in the FAPTurbo Review
Live Performance
Available in the FAPTurbo Review
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 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: 4.44/5 (73 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: 3.82/5 (186 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