Ideally, you would want back tests to have been done using real tick data and spreads, thus making the forex robot back test results as accurate as possible in the MT4 strategy tester.
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This will allow you ample time to test the forex robot and see how it performs for you, just remember in trading, we cannot win every day! In summary, there are many good forex robots included within the ranking table on this page.
FX Classic Trader – Forex Expert Advisor
You should use the filters and sort the forex robots in the table to meet your requirements. Some forex traders will prefer robots that have low drawdowns whereas other traders want lots of profit and do not mind the extra risk.
Of course, the longer a forex robot has been running on an account trading days in the table then the more reliable the results are likely to be. You should also consider if the forex robot has a high profit factor, anything higher than a profit factor of 1 is profitable, the higher the profit factor, generally the better.
You can read my best forex robot reviews using the links provided in the table for more detailed information on how each forex robot works. You can also see my forex robots ratings list of all forex robots and their rating. Here we will look at how you can setup a forex robot on your MetaTrader 4 account.
If you are already familiar with Meta Trader and have it installed on your computer, you can skip this section. If not, then please thoroughly read this section for instructions on how to install the Meta Trader trading platform and how to activate a forex robot. Click here to download the free Meta Trader trading platform which we will use to run a forex robot. You will need to open a demo or live account to gain access to the Meta Trader 4 download.
After you have downloaded Meta Trader 4, followed the setup instructions and the installation is complete, launch Meta Trader 4. When you launch Meta Trader you can login to your demo or real account. Click file — login and then enter your Meta Trader 4 account details. In order to attach a Forex Robot to your charts within MetaTrader 4, you will need to place the required files into the correct folder of the MetaTrader 4 installation directory.
This section will describe where you should place the files ready for use. Please ensure you restart MetaTrader 4 after moving the files so that they will appear in the navigator window of the client terminal. First locate the Forex Robot ex4 file on your computer. Restart the mt4 terminal. You now need to open a chart to run the Forex Robot on. You can check the forex robot instruction manual to see what currency pairs the developer has tested. You are now ready to attach the Forex Robot to the chart. Drag and drop the Forex Robot from the navigator window onto the chart.
You will be displayed with a window. This window is where you set common expert advisor properties and the unique input settings of the Forex Robot. In the common tab you need to enable the Forex Robot. If you have set the common setting of expert advisors correctly then a smiley face will appear in the right-hand corner which means that the Forex Robot is active on that chart.
There is no guarantee of future performance. You should understand the risks involved with trading. Different brokers can produce different results due to spreads and liquidity. Your capital is at risk. Beginner traders should research and learn about trading before using any forex software. Search for:. Home Best Forex Robots Sort By. Filter By. Real or Demo Real Demo. Forex Robot Ranking 1. Forex Robotron.
Forex Robotron Review. Forex Robotron EU. Forex Scalping EA. Forex Scalping EA Review. Forex Flex EA. Forex Flex EA Review. Gold Elevate EA. Gold Elevate EA Review. Prince FX EA. Volvox Trader. Volvox Trader Review. Berlinetta Trading. Berlinetta Trading Review. Maxturbo EA. Maxturbo EA Review. Eklatant Forex Robot. Eklatant Forex Robot Review.
Best Forex Robot and Expert Advisors (Live EA Tests )
FXFlightPro Review. Goldbull Pro. Forex Fastron. Forex Fastron Review. FXMath X-Trader. FX-Neuro Bot. FX-Neuro Bot Review. Forex Armor. Universe Forex Robot. Universe Forex Robot Review. Delton Pro. Flex EA. Everex Elite. Richeith Forex EA. Richeith Forex EA Review. Aeron Scalper.
- Which Are the Best Forex Robots and Do They Really Work?.
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Aeron Scalper Review. Happy Frequency. Happy Frequency Review. Forex Truck EA. Forex Truck EA Review. Hedge Track Trader. Hedge Track Trader Review. Forex inControl. Forex inControl Review. Keltner Pro. XFXea Aggressive.
What Are Forex Robots?
QuickScalp Trader. QuickScalp Trader Review. Claudius Forex EA. Claudius Forex EA Review. Covert FX. Auto News Trader. Auto News Trader Review. Diversify Real Time Forex Signals. Forex Hunter EA. Forex Hunter EA Review.
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