Are you looking for The Best Forex EA?
Forex EA’s or Expert Advisors are automated trading systems with built in trade rules and risk management settings that can automate the trading process for you. All you do is place the software onto a chart and it does everything else for you – trading automatically 24 hours a day.
This may sound great, but, when you invest real (hard earned) money into the Forex market, you want to be sure that you’re using the best Forex system out there.
Unfortunately, most Forex EA’s have a short shelf life. They tend to work great for a few months to a year, but if they are not continuously supported, optimized or enhanced by the vendor, they may quickly become ineffective thus putting your account at risk.
Finding the Best Forex EA can be a hard and time consuming task. Also, it can be tricky to define what is the “Best EA” as there are many good trading systems that work well in different types of markets and utilize various types of strategies.
We’ve complied a “Top 5” list of Forex EA’s that we believe are the best ones out there. Of course, some of them may not be for you, but we are confident that you will find one that best suits your trading needs.
As we are always looking for the Best Forex EA, if you would like us to test and review a specific EA, with the possibility of it being added to our list, please feel free to Contact us.
Please find the Best Forex EA “Top 5” list below:
Wall Street Forex EA
Get 3 Amazing EA's for the price of one!
WallStreet Forex EA uses a trend system that takes small profits out of the trend. The average amount of winning WallStreet Forex Robot trades is around 10 - 15 pips. It trades the 4 major pairs: EUR/USD, GBP/USD, and USD/JPY.
Happy Gold EA
Buy 9 EA's for the price of one!
Happy Forex system is characterized by stable profits and low drawdown. One of its advantages is that it uses reinsurance positions (grid strategy) without increasing of lots (no martingale). It also uses technical analysis (indicator) for safe entry into the market. Has various options and settings is not blocked to only one currency pair.
CabEX is designed to trade GBPUSD on the H1 time frame.
The trading strategy is based on elimination of noise by considering only the H1 close for most part of the strategy. Hourly High/Low values are considered for calculating the ranges, but trade management is based on closing values only.
Forex Diamond EA
Forex Diamond is a world-class EA that is very stable and profitable. It trades four pairs. The EUR/USD, GBP/USD, USD/JPY, and USD/CHF on M15 time frame.
Forex Volatility Factor EA
As a whole, Volatility Based Trading takes advantage of the prevailing market direction and maximizes profit opportunities while minimizing risk.
The strategy routinely delivers profits since most of the trades are in the direction of the major market impulse. Entry and exit points are calculated in mathematical relation to market volatility borders.