7 Best Forex Trading Robots, Maximum and Consistent Profit
A common problem for everyone in the trading world is that it is difficult to predict the market and generate profits consistently. Are you one of the traders who experience this?
Basically, trading will be easy if you know how to get started, including when you want to choose the right forex trading robot for you to use.
For that, the list of the best trading robots must be known. The goal is to invest in getting the maximum profit.
Trading activities have become one of the most popular activities around the world. Trading is an economic activity carried out in the financial market.
Trading robots are indicator algorithms programmed to help analyze the market technically or graphically. That is, trading robots are limited to tools that help traders.
Here are some recommendations for the best forex trading robots today.
GPS Forex Robot
Forex GPS has gone through many development cycles to have the most updated applications and the most recent applications. GPS Forex robots are proven to be able to adapt to all market conditions and are able to use various strategies needed by traders.
Often referred to as one of the robot trade that are suitable for beginners, this does not make this robot only in one popular circle. With the above specifications, of course, this robot is believed to be able to produce a return of around 300%, even in less than 3 years.
Yellow Free
Yellow Free is the free version of Yellow Expert Advisor. This free forex robot can be used for trading based on short-term trend changes. You do this by creating a price corridor in the parameters.
EA Forex Flex
EA Forex Flex is one of a row of trading robots specially designed using Virtual Trade as a reference. This robot is available on the Metatrader 4 platform and provides 12 different strategies that you can use in trading.
In addition, the Virtual Trade feature that is owned makes this robot able to open positions that can determine the best entry level with a certain algorithm.
One of the superior features found in this robot is the Precision Entry Point where this feature is able to filter open positions. That is, EA Flex will open 6 different trading positions virtually before it will actually determine the most appropriate level to enter the market.
Tops Scalper FV
The best feature of one of the best forex robots, Top Scalper FV, is that it can place orders such as buy-stop or sell-stop at a short distance from the main price level. This is done to try to take profit from pending orders accumulated at that level.
Correlates EA Free
A free trading robot, Correlates EA Free, you can get at no cost and is able to implement the classic idea of correlating the EURUSD and USDCHF currency pairs.
Signal T-200
Signal T-200 is a popular robot-based forex trading strategy provided free of charge on the QuickPro application exclusively for FOREXimf customers. This T200 signal works by utilizing the movement range of currency pairs using switching techniques. This robot is designed based on a trading range with a low level of risk.
ScalPro
A free trading robot based on a scalping strategy with relavit support and resistance is perfect for those of you who want to take daily profit opportunities. This free forex robot from a third party, uses an averaging system that is limited to 2-3 steps.
In addition, it is also equipped with an autorecovery facility that has been proven to generate profits.
Although these 7 best forex robots can provide abundant profits, as a trader you still have to understand that the capabilities of this robot (EA) are limited, according to the existing program.
There is no guarantee from any robot that can provide 100% profit for you. Each robot will be able to carry out its duties and can operate according to instructions regardless of market conditions. Therefore, make sure you are always disciplined to learn and understand what kind of strategy suits your trading style.[]