What is a Forex Robot: A Forex robot or else a Forex Expert Advisor is a small computer program that plugs in an automated-trading platform such as MetaTrader or TradeStation. This software is based on certain algorithms that use a set of TA rules and conditions to open, modify, and close trading positions. A Forex robot can trade the market on a 24/7 basis by excluding all human emotions and limitations such as fatigue and frustration.
|
FX ROBOTS |
ROBOT TYPE |
PLATFORM |
FEATURES |
COST & INFO |
|
◘ EA BUILDER
RATING: 5/5
|
■ CREATE CUSTOM EXPERT ADVISORS ■ BUILD AUTO-TRADING SYSTEMS WITHOUT USING ANY CODE ■ TRADE FOREX, EQUITIES, METALS |
L METATRADER 4 & 5 | TRADESTATION
|
■ Create custom Automated Trading Strategies ■ Graphical User Interface (no programming needed) ■ Full set of functions, including time■ Full Money Management features ■ Lifetime access to Support |
> Free for creating indicators > $97 (one time) for EAs Unlimited Real & Demo Accounts
|
|
◘ WALLSTREET FOREX
RATING: 3/5
|
■ SCALPING 6 FOREX MAJORS |
L METATRADER 4 & 5
|
■ Five (5) built-in protection algorithms ■ Trading six (6) Forex pairs: EUR/USD, GBP/USD, USD/CAD, USD/CHF, NZD/USD, AUD/USD |
> $299 (free updates) for two (2) real accounts Unlimited Demos
|
■ Fx Robots Comparison
OnlineForex.biz
