Algorithmic trading, the so-called, automated Forex trading, is a way to gather and coordinate the ideas and principles of one or more of the other manual Forex trading strategies into one computer application that runs on a trading platform like MT4 to give orders to it according to its programming conditions to buy or sell a certain amount of a currency pair at a specific time frame.
As mentioned, this kind of computer program is based on signals derived from technical analysis strategies, this is done by adding instructions to the software to search for certain signals and determine the way of interpreting them. Highly developed advanced platforms as NetTradeX, MetaTrader 4, and MetaTrader 5 come with complementary integrated platforms that allow for such algorithmic trading.
Developing a Forex trading strategy by robots and programs mainly aims to avoid the emotional aspect of manual trading, as it is believed that the psychological interaction with trades prevents them from being reasonable and often impacts trades negatively.
The Target Trader system has a proven track record of delivering consistent results based on trend, volatility, and price action movements using intelligent, carefully selected trade entries. Besides that, it's designed to last for years without needing to be updated.
Chat GPT and Gemini (developed by Google) are the two most powerful AI engines available. The Gemini AI handles real-time trading data better than Chat GPT. However, Chat GPT excels at managing complex conversation threads even though it is trained only on past data. Combining Chat GPT and Gemini AI leads to the most accurate and current trading forecasts.
AI alone, can't be reliable - a proven, solid strategy must back it up. FXAutomater deliver results that stand out with their AI-powered strategy Infinity Trader EA!
Investing in intraday seasonal volatility patterns driven by news events is the goal of News Catcher PRO, which is a sophisticated mean-reversion trading strategy.
News Catcher PRO does not use martingale or grid by default (optional grid is available).
Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze big amounts of market data at a high speed and detect high-potential trading opportunities to exploit.
Night Hunter PRO utilizes smart entry/exit algorithms to identify only the safest entry points during calm periods of the
market.
Waka Waka is a professionally developed grid system with built-in risk settings that you can choose from, ranging from Low to High.
The highest-performing gold EAs all share the same common logic: grid trading.
Valery Trading EA developers team have developed the #1 ranked grid trading EA, called Waka Waka, and then they have applied many of the algorithmic principles from Waka Waka to this gold EA, and the results have been mind-blowing: Golden Pickaxe performs even better than Waka Waka.
Evening Scalper PRO uses an original & compelling trading logic on cross pairs that have a solid mean-reverting tendency with high-profit targets (unlike most night scalpers).
GOLDUXE mainly applies intraday trading strategy, it opens and closes trades within the same day, exploiting the daily volatility of gold prices. It does not use martingale-style trading.
Power Growth Trader is a scalper EA with an intelligent money management system.
Using Trend Matrix EA, traders can identify and profit from market trends. It offers a safe and reliable way to navigate the forex market with its Next Generation Loss Recovery System and reliable risk management tools.
Pips Master Pro has a Strong, pure and simple trading logic, Reasonable TP and SL levels, High spread, slippage and broker protection, Multiple currency pairs support, Low drawdown, and New, improved, highly effective exit logic.
Happy Bitcoin EA operates based on a strategy that involves identifying market waves and trends and constructing correction-impulse levels. There is no grid, no hedging, no arbitrage, nor martingale elements in the EA trading strategy.
FX SCALPER X Forex robots allow the automation of analytical and trading processes. They can open and close trades based on certain criteria or calculations that it has been programmed to do.
The King Robot is a high-growth scalper with no grid, and as its developers ensure, the EA can get 10% to 100% profit per month with a high frequency of trades.
Trade Explorer efficiently monitors the market trends and price action, while ignoring sharp movements and market noise. It has an advanced dynamic trade management system designed to keep high returns with relatively low drawdowns.
Trade Explorer scans over 27 pairs, hunting for opportunities to be exploited.