Last Updated On
Fri Apr 22nd, 2016
 
Rating: 3.92/5 (138 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: 4.54/5 (95 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
Last Updated On
Tue Feb 02nd, 2016
 
Rating: 4.75/5 (94 vote(s) cast)

EA Full Review

Virtual Take Profit System

  • It's a horizontal TP line used by the EA to close orders.
  • This line is recalculated every time the EA starts an order series either automatically or manually.
  • When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
  • Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.

Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.

It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!

It also has a powerful protection system against balance loss that minimizes the risks!

It quietly tolerate temporary disconnection.

Trading Idea
Benefit EA automatically sets TP on a minimum number of points of the price without being discovered by the broker until all trades are closed with the ability to open the next series order manually then the EA will calculate the potentially profitable TP for the entire series and continue to work according to its core algorithm.
Currency Pairs
EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD and GBPUSD
Timeframe
M1, M5 and M15
Backtests
Available in the Benefit EA Review
Live Performance
Available in the Benefit EA Review
Last Updated On
Wed Dec 09th, 2015
 
Rating: 3.92/5 (54 vote(s) cast)

Official Website  EA Full Review

Why Scalp Trader PRO Wins While Other Scalpers Lose?

  1. Trading Frequency: It's well known that many scalpers are high frequency trading robots, and this can cause a loss of control and expose the account to high risk, Scalp Trader PRO maintains a safe and controlled trading frequency.
  2. Profit Lock Algorithm: Scalp Trader PRO uses this unique algorithm to prevent turning winning trades into losing ones, its composed of certain indicators and calculation to determine the most suitable times to lock in profits.
  3. Sophisticated Exit Technology: Some scalpers have no stop loss or too high stop loss. A prophylactic realistic Stop Loss is set by the Scalp Trader PRO but never applied before the earlier more profitable exit chances. 
  4. Minor Slippage Problem: Many scalpers trade stop loss and take profit are very tight and this leads the system to succumb to minor slippage by the broker that slips the trades or has too high spreads turning the trades that should be profitable into losing trades, Scalp Trader PRO trade exits are high enough not to cause that problem.
  5. Controlled Trading Environment: Scalp Trader PRO trades only during specific volatilities, conditions and price action positions, NEVER randomly but based on precise calculations to determine entries and exits.

Trading Idea
Scalp Trader PRO monitors and detects trends on the MT4 chart using moving averages, price action, and some other powerful tools ignoring weak trends and looking only for the strong ones.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Currency Pairs
EUR/USD
Timeframe
M15
Backtests
Available in the Scalp Trader PRO Review
Live Performance
Available in the Scalp Trader PRO Review
Last Updated On
Thu Dec 03rd, 2015
 
Rating: 3.81/5 (142 vote(s) cast)

EA Full Review

Many trading strategies are involved in the EA, StopLoss and maximal risk is always set for every trade. An advanced Risk / Reward analyzer system precisely determines opportunities and lot sizes before opening trades.

high spread observation system that attempts to cancels all pending orders if the spread widens is also included.

Beside that, balance defense and money management systems are also included.

Trading Idea
Forex Steroid is a breakout and trend detecting trader searching all the time for market's exploitable opportunities by the use of its unique adaptive trading logic to make as much profits as it can from them.
No martingale, grid, averaging or arbitrage tactics are involved. Its trading frequency average is about 4-5 trades a day.
Currency Pairs
EUR/USD
Timeframe
M1
Backtests
Available in the SteroidFX Review
Live Performance
Available in the SteroidFX Review
Last Updated On
Fri Oct 09th, 2015
 
Rating: 4.73/5 (195 vote(s) cast)

Official Website  EA Full Review

Trading Idea
It employs a micro channel breakout strategy and scans the lower timeframes, so once a breakout occurs, the robot automatically opens a trade with a 200 pip SL and carefully manages it until its closure on average win of 11 pips or average loss of 21 pips. The EA sends its trading signals via a MySQL database.
Channel Trader PRO not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Currency Pairs
AUD/USD, EUR/JPY, AUD/CAD
Timeframe
All
Backtests
Available in the Channel Trader PRO Review
Live Performance
Available in the Channel Trader PRO Review