It stands out from the rest thanks to verified live trading results on myfxbook, and live performance tests at ForexPeaceArmy. They work with USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF and USDJPY currency pairs on 5 min to 1-hour timeframe. Happy Forex provides 10 EAs for the price of one, such as Happy Gold, Happy Trend, Happy MartiGrid, Happy Frequency and others. Happy Forex EAs are fully automatic and able to work from the market opening on Monday to the market closing on Friday, 24 hours a day.

Happy Forex works with any MT4 Forex broker around the globe with max. The robot is supported by an amazing customer service team ready to help customers at any given time.

This customer service is provided to Happy Forex users through the live chat on their website, email, TeamViewer, and AnyDesk. Only a handful of EA developers offers such wide range of customer support platforms, especially Live Chat support. The first feature which Happy Forex presents to their clients is their use of reinsurance positions called a grid strategy. However, unlike similar Forex robots, Happy Forex implements this grid strategy without an increase of lots.

Therefore, it has no martingale. The grid strategy is an automated method of trading which various Forex robots employ. For this, several buy and sell stop orders are placed at certain intervals above or below the market place.

First, the trader must establish whether a pair of currencies is engaged in a trend or limited to a trading range. Then, a starting point must be selected by the trader, and the number of grid levels and appropriate intervals must be chosen. This news filter helps to detect possible news releases and avoid the possible spikes that the market might experience.

Apart from new filters, there are also other features such as minimum equity risk management, max loss risk management, the maximum spread filter, and many others that will be useful.

As this strategy is very intensive, Happy Forex uses Another unique feature Happy Forex offers their clients is the use of technical analysis indicator for safe market entry. Every trader knows that indicators are a key factor in trading success, and with these Happy Forex indicators, their traders have the opportunity to enter the market safely and comfortably. With their bundle Happy INDIcators PRO, Happy Forex offers an impressive tool that aids traders in planning and executing their trades at the optimal time.

The Happy Forex indicators suggest the future direction of a currency, which in return makes traders stable their results. Furthermore, these indicators are responsible for the success of traders in the market and the longevity of their trades. Happy Forex is possibly one of the best Forex EA Robot Many customers have written a positive review on either their website or the Forex Peace Army site, where they have a 3.

Forex Peace Army has displayed some of the live accounts from Happy Forex with the help of investor access. Have you ever seen an EA trading result verified for 8 years at a third party website like myfxbook and fxblue? You will find 8 years of Happy MartiGrid EA trading history at myfxbook. Happy Forex mentions profit trades up to com website. They even promise a more than com fully verifies these results.

Most of the Happy Forex EAs except Happy Frequency has low drawdowns. In addition to that, traders get two bonuses, free Happy INDIcators PRO and Happy Gold MT5 Version. You receive lifetime membership, updates for the product, and free support. Updates are done very regularly compared to other Forex robots and always provide a whole new array of functions to your best Forex EA Robot The number of trading years and the number of closed trades must always be checked for any EA to be reviewed.

These data help traders understand whether EA has long-term consistent trading outcomes or whether EA is recent without a trackable background. If EA shows a verified third-party track record of its Live account for more than 1 year and more than closed trades, then such EAs are more reliable than others without a track record.

All the third party verified accounts of the Happy Forex EA are between 2 and 7 years old and have closed trades from to Considering that, we may argue that Happy Forex is the most consistent, reliable and accurate Forex EA on the Forex market.

It is obvious that Happy Forex is created by a smart community of developers who understand the Forex market. The fantastic features make Happy Forex stand out from the rest of the Forex robots. The set-up manual is easy to understand and quick to install, with it only taking 5 minutes.

Traders get a full package of 10 EAs for the price of one. When searching for the best Forex EA Robot that promises high success rate, you will find a lot on the market.

However, time has shown that ForexFury Robot has become a pioneer in the industry. This review is perfectly suitable for people interested in algorithmic Forex trading, and especially in ForexFury robot. If you want to know how useful ForexFury is, then you should consult meaningful reviews and trustworthy testimonials. Trading with such trading robot requires a lot of research work to find the right software that will execute your trades correctly.

The ForexFury robot is compatible with NFA, FIFO and operates at the MT4 and MT5 trading platforms. This number is dependent on market conditions and how the client uses this software. ForexFury do not forecast or guarantee future returns.

At TrustPilot, Forex Fury has a 4. Robot focuses on several currency pairs on 15 minute time frame and employs a sophisticated low-risk scalping strategy and trades for only hours per day.

These pairs are GBPUSD, USDJPY, USDCHF, AUDUSD, EURUSD, USDCAD, AUDCAD. The trading frequency is about 5 to 10 trades per day. There are two packs you can buy, gold and diamond. The packs differ mainly from the number of live account licenses. The gold version contains one live account license and diamond account has 2 live account licenses. The more real licenses you have, the more trades can be made. Broad Risk-Management Strategies — A very notable feature of the Forex Fury robot is to operate with low risk, medium risk and even high risk strategies.

Robot gives traders the choice of going slow and steady or trying to flip an account quickly. Traders of all risk profiles can use this robot because of new features like range filter and max spread.

Impressive Results — Compared to many Forex robots, ForexFury results are considerably noticeable and could give the traders a great success depending on how much the traders allow the robot to take risk. Myfxbook Verified Results — On the ForexFury website, potential users can see the past results for many trades, verified at third party website myfxbook.

All of the myfxbook accounts are clickable, allowing clients to view all of them in detail. Great Reviews — Reviews can always let a potential user know if an EA is worth it or not. You can find ForexFury review at Trustpilot , and they are generally quite positive, a 4. In all reviews, the same positive aspects return, such as the full support, the lifetime updates, easy to set up, and the very impressive results that were received.

However, some negative aspects were also mentioned in all these reviews. These were the price, trading only 1 to 2 hours per day, and the fact that the trading results take time to give a good result. Range Filters — In range market situations, the ForexFury robot works best.

We were able to lessen the risk of trading in trending market conditions by utilizing the ADX indicator and Range filter together. ADX indicator can properly assess ranging market circumstances using the range filter, which is ideal for spotting up the best entry point.

However, if the Range filter is enabled, this will reduce the frequency of trades. Speed and Accuracy — A positive aspect of the ForexFury is the speed at which the low, medium and high risk trading strategies are implemented. While in manual trading, a trader first examines all the indicators, gathers information, and creates a trading strategy from it, this robot or EA quickly calculates the best possible trading variant along with the entered parameters, indicators, and data.

Robot Diversity — Developers have been testing this EA on multiple currency pairs since With ForexFury trading software, traders can trade mostly all liquid currency pairs.

Experienced Developers — The ForexFury brand and community behind the robot are also important. Every year, they provide a new and improved edition of this EA, as well as fresh tips and information about emerging trends. Lifelong Updates — When you buy the ForexFury software, you will receive lifelong updates, as well as lifetime customer support.

Thus, this Forex robot trades like a professional trader. It is never tired, has no fear, and always pays attention. The robot exactly fulfils the conditions of the trading strategy prescribed in it. Therefore, deals are concluded at the most optimal price. Lots of settings — ForexFury contains a lot of detailed settings, which can seem quite complicated and unfriendly for the beginner Forex traders.

Therefore, it is essential that the trader understands and follows the instructions provided with the software. No Explanation — Beginner traders may not feel too safe with the software. They do not provide information about all strategies. After setting up the ForexFury, it is recommended to observe the actions for a few days to be able to intervene if necessary.

In addition, the trader can check at any time whether the strategy works and change it in case of failure. All in all, ForexFury is an effective EA or Robot to fulfil trading goals. Moreover, buyers should avoid any trading robots for free or at a low price as they cannot be a good quality EA like the ForexFury.

Thank you. Ehren is highly motivated and accomplished Forex trader with over 8 years' of experience in Forex trading. He worked with reputed Forex Brokers as a Market Analyst. He like to do in-depth SWOT analysis of Forex Brokers and value added services. In his free time he likes to play tennis and chess. Best ECN STP Forex Brokers Best Forex Signals Providers Best offshore Forex Brokers Accepting US Clients Best Online Forex Trading Courses Are they used against Forex Traders?

And their Super Success Recipe! Skip to content. Best Forex EA Robot Top 3 Forex Trading Expert Advisors. Verified results at myfxbook and fxstats. com 7. Low drawdown on most of the EAs. Files that have been tried and tested always new settings in development 5.

What is the best Forex EA Robot in for Automated Trading? To read more, follow the links provided below:. Table of Contents. What is a Forex Robot or Forex EA Expert Advisor? Pros — 1. Cons — 1. Best trading conditions and Execution quality. Best VPS Virtual Private Server. Check VPS latency, it should not exceed 20 milliseconds. Daily Check VPS. Track Major News. Read EA manual. Demo tracking. Activate the best Forex EA on both your demo and live trading accounts. Limit number of Robots.

Check version of Robot. Pirated Copy of EA Robot. Do not trade with pirated copy of any popular Forex Robot or Expert Advisors. To clarify, scam programmers usually crack original Robot code and sell it at lower price. Top 3 Forex EA Robot in Forex Flex EA Review — No. Rating: 4. Forex Flex EA Analytics — Myfxbook Verified. Forex Flex EA Trading Strategy.

Why is Forex Flex EA a Top-Rated Expert Advisor? Precise Entry points. Proven Strategies. Verified Results. Highest Rating at ForexPeaceArmy. Professional Customer Support —. Community and Forum for EA users —. Automatic EA updates —. Simplicity and Flexibility —. In the setup guide, there are a few pairs that they highly recommend and also ones to avoid.

Long Serving — This EA has been fulfilling the requirements of Forex traders for a long time, from to Trading Frequency — If you run 5 charts on default strategy, then expect 4 to 8 trades a week. Key unique Features of Flex EA. News Filter — One of their most significant features is News Filter, which avoids any major news event. Money Management — This feature allows the user to automatically adjust lot sizes based on account balance, even as it grows.

Draw down Stop Loss — Furthermore, this EA offers all kinds of smaller but impactful features such as the drawdown and stop-loss. Hide from Broker — Some Forex brokers intervene with the trades of their clients. Currency Filters — It will narrow your exposure to particular currencies.

Client's feedback about Flex EA. Final Thoughts on Forex Flex EA. Visit Forex Flex EA Website. This means that there are many opportunities for you to trade. Your robot will work around the clock and across multiple currencies.

A Forex robot works by using technical indicators to analyze the currency market. Forex trading robots use these indicators to determine when to buy or sell a particular currency pair. The robot will then automatically place the trade and monitor it until you close out the position based on the rules you have set. Forex trading robots can provide all these things, but only if the trader is able to set the parameters correctly.

All the bot does is simply take your trading rules and instructions, then executes them automatically when the rules have been met. So if you have a successful trading strategy, the chances of a successful trading bot would be similar to you trading manually. Therefore, it will trade some poor trades such as during high-impact news events or during low liquidity times like in an Asian trading session.

So you must be aware of this should you want to transfer the responsibility of trading to an automated program. There are literally thousands of forex trading robots out there, all claiming to be able to beat the market.

It can be very difficult to know which ones are legitimate and which ones are just trying to take your money. Many of the forex robots available are quite simple and easy to use. The process is quite straightforward and it is easy to find out whether or not it is working. However, you should be aware that many forex robots can lose a lot of money if you are not careful. There are many factors that can affect the success of a robot, but the most important is the way that you set up the program.

You should be sure to understand how it works before you start trading with it. This offers you a glimpse into the software and you can run it in a live environment, risk-free from your capital. Make sure that you test any robot out on a demo account to ensure the performance and tweak the settings before going on a live account.

There are many people who use these types of programs to trade the foreign exchange market. Forex robots can be a double-edged sword. They can be a great tool for traders, but they can also be a curse.

Forex trading has been around for a while, but the popularity of automated trading robots has skyrocketed in recent years. This is because they offer a convenient and affordable way for beginners to make a little money online.

And while there are a few scams out there, there are plenty of legitimate systems. Some of them are even free to use. If you want to try forex trading with robots, then this guide has given you a few tips to avoid scams and hopefully put you in the right direction.

Can I Trade Forex Without A Broker? Find Out Here. Trading Mindset For Forex Traders. Liquidity Grab — UPDATED — Understanding Forex Liquidity Zones. Our aim is to make our content provide you with a positive ROI from the get-go, without handing over any money for another overpriced course ever again. We are sharing premium-grade trading knowledge to help you unlock your trading potential for free. Forex Blog. Forex Advertising. Write For Us.

To achieve success while trading in currencies, you need more than skills and knowledge. Individuals using the best Forex robots have an advantage over those who still rely on manual trading.

The prices of currency pairs are influenced by a large number of factors. As such, it becomes difficult for a human trader to analyze complex charts and monitor price movements simultaneously. With automated Forex trading, there is no need to worry about performing complicated analysis. They are based on algorithms that tell them when they should execute a trade or change the entry conditions. While most EA vendors promise great results with their systems, few are able to replicate them in a real-time trading scenario.

That is why you need to know which robots you can trust. Here, we have presented a list of trusted EAs. We have also provided some information that will allow you to filter out the scam robots and choose one that will help you win steady gains. Visit Website. TechBerry allows subscribers to get decent gains on their funds. Various subscription options are available on the social trading platform that covers any losses on your funds. A custom plan configurator can allow you to calculate your monthly returns.

TechBerry collects trading data from over k trading accounts made available by professional traders. It then formulates a custom, highly profitable strategy available to retail traders and big financial institutions for social copy trading. Trade Explorer can trade on 27 different currency pairs with full automation.

The algorithm comes with multiple verified live records and user testimonials for traders to verify its performance. Beginners with little to no market experience can easily use the product as the author provides the best settings and customer support.

A day money-back guarantee is at hand, keeping your investment safe for testing out the product. As the name indicates, Happy Gold is built to trade on XAUUSD. The algorithm is coded for both MT4 and 5 platforms and comes with a day money-back guarantee. The current 2. DynaScalp is a night scalper that does not use any dangerous strategies such as grid or martingale to trade. The algorithm is fully automated and has shown good returns while maintaining the drawdown, as visible from the live records on Myfxbook.

A detailed backtesting report is available on the website generated using Quant Analyzer. The robot can trade on multiple currency pairs. The robot is the product of Leap FX and was developed by Chris Bernell, who was an institutional trader. He offers the best set files and free updates to anyone who purchases DynaScalp. Happy Forex comes with a set of 10 different EAs with a single purchase.

The algorithm uses technical analysis to trade the markets. It can use averaging techniques without martingale to recover from losing trades. Multiple filters are incorporated within the code of the EA to help it trade while avoiding large drawdowns. Multiple live and backtesting records verify the true performance of Happy Forex and show us how the robot can generate stable profits over the long term. The algorithm is fully automated and comes with support for ECN brokers.

It comes with a. exe file to install on multiple MT 4 brokers in a single click. Forex Cyborg trades in 18 currency pairs simultaneously on M15 charts. You also have the option of adjusting the lot size and the risk you take with each trade. Unlike most robots, Forex Cyborg does not require leverage or a minimum account balance.

You can run this system on any broker of your choice. The system does not require any chart reading skills or prior trading experience from traders and comes with hands-on support from the developer. Jack McKennon is the author who made his way into the forex market after piling up debts with a Mechanical engineering job. They are able to double their investment within 12 months after using Jet Trader Pro.

A day money-back guarantee is on the cards to test out the EA. This is an improved version of the Volatility Factor EA designed by the FXautomater team. It has an in-built broker spy module that protects your money from dishonest brokers. The Myfxbook account for this robot shows high monthly profits and low drawdown. There are three risk levels to choose from when it comes to this EA and your lot size will be adjusted based on your choice.

Volatility Factor 2. Money management rules are used to minimize the risks until an exit is made. When you trade with leverage, the profits earned through this EA are multiplied. This robot gathers economic data before an important news announcement. This allows it to adjust the trading parameters and trade the news efficiently.

The EA takes into account the effect of slippage and spreads and alters the stop losses and profit targets based on this information. It works with both MT4 and MT5 platforms and the vendor provides free updates for lifetime.

You can use it to trade in 6 different currency pairs, which allows for portfolio diversification. This EA lets you trade using different trading logics at the same time.

After conducting market analysis, it picks the appropriate logic. Using the grid strategy, the robot trades the trend based on particular patterns. A Forex robot is a software program built using algorithms that helps it make important trading decisions. The main purpose of these systems is to eliminate the emotional bias in trading, where traders take impulsive decisions after making gains or suffering losses.

The majority of EAs are programmed using the MQL language and they work on the Metatrader trading platforms. After detecting a proper trading signal, the EA will initiate a trade and make an exit after a fixed time period.

Different robots use different strategies so you need to select one based on your trading style. Some of them have configurable properties that you need to set right for optimum performance.

Even the most reliable EA can suffer losses due to market changes and this is something that you should be prepared for.

There are several scam services promising unrealistic monthly profits and you should steer clear of them. You should look for information like the year of foundation, location, and service history.

A legitimate company should provide information about its employees and their qualifications. Before purchasing an automated system, you should always find out what kind of trading strategy it uses.

Some strategies are only good for short-term profits while others are more suited for long-term traders. A detailed user guide is always helpful as it tells you how to install the software and how to trade with it. User guides can easily solve this problem. The seller should provide recommendations about minimum balance, timeframe, brokers, and leverage.

Some systems require a large amount of capital to generate sizeable profits and they might not work on all brokerage platforms. You should avoid overpriced systems at all costs. Anything more than that indicates a scam. A trustworthy Forex EA is always backed by verified live trading results published on third-party websites. These are public accounts where the vendor has no opportunity to manipulate the results, so you can see the true performance of the system. When an EA has positive customer reviews, you know it has a decent reputation.

You should look for customer reviews on third-party sites like Forexpeacearmy and Trustpilot. The first thing you should look for while analyzing the results is the monthly gain. Following this, you ought to check the maximum drawdown which is depicted as a percentage.

This tells you what portion of the capital was lost due to unsuccessful trades. Thus, a large drawdown indicates that the system is following a risky trading scheme that might lead to huge losses.

The risk-reward ratio is another parameter that should be checked every time. When this ratio is high, it means that the robot has to have a high winning rate to be profitable. Scalping bots generally have a high risk-reward ratio, but since they have a high win rate, they can still earn you profits. The problem with such a system is that if the win rate goes down, you start suffering massive losses. Another thing you should look for is the latest performance. Many vendors discontinue the trading results after a few months when they realize the robot is not performing as well as they have claimed on their website.

This is a tell-tale sign of a scam, so you should always choose systems that have the latest results shared on a verified live trading account. Before choosing a Forex robot, you should conduct extensive research on your own. An automated system is only as good as the strategy it uses and the trading algorithm it follows.

Before using such a system for live trading, you should test it on a demo account first. Save my name, email, and website in this browser for the next time I comment. What's Hot. How To Prepare For A Trading Week In Forex September 23,

Often these reviews include detailed descriptions of what they like and why they like Forex Flex EA so much. A trading robot EA fits everyone. Forex Flex EA Review — No. Pros — 1. This news filter helps to detect possible news releases and avoid the possible spikes that the market might experience. This is a tell-tale sign of a scam, so you should always choose systems that have the latest results shared on a verified live trading account.

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