An automated Forex trading system is a combination of hardware and software consisting a Computer, a Trade Platform and a Programming Code (Expert Advisor) that plugs-in the platform

 

AUTOMATED FOREX SYSTEMS -COMPARISON TABLE

What is an Automated Forex Trading System?

An automated Forex trading system is a combination of hardware and software consisting a Computer, a Trade Platform and a Programming Code (Expert Advisor) that plugs-in the platform. Such systems are designed to open and close long/short positions in the currency market without any human interference. All executed trades are based exclusively on the combination of a trading strategy and a money management system (MM), implemented as software code by the computer system.

Comparison of some of the most popular Forex Automated Systems in the World:

AUTO-TRADING SYSTEM

SYSTEM TYPE

 TRADE PLATFORMS

TRADE FEATURES

PRICE AND WEBSITE

EA BUILDER SYSTEM CREATOR

EA Builder WebSite

RATING: 10/10

□ CREATE CUSTOM EAs

□ EAs FOR TRADING FOREX, EQUITIES, COMMODITIES

□ FREE FOR INDICATORS / PAID FOR EAs

■ MetaTrader4

■ MetaTrader5

■ TradeStation

 

□ Build custom Expert Advisors (Paid)

□ Build custom Indicators (Free)

□ No Need for Programming Skills

□ Wide Range of built-in functions

□ Create Alerts via Audio, Screen, and eMail

■ Free for Indicators

■ 97.00 USD for EAs

■ Free Lifetime Access

 

» Visit the EA Builder

» More about the system on ForexRobots.net

WALLSTREET EXPERT ADVISOR

WallStreet Forex Robot

RATING: 7/10

 

□ SCALPING FOREX

□ 4/5 DIGIT AUTOMATIC TRADING

□ by a team of pro traders and programmers

■ MetaTrader4

■ MetaTrader5

Scalping Currencies: EUR/USD, GBP/USD, USD/CAD, USD/JPY, USD/CHF, AUD/USD, NZD/USD

□ Scalping the M15 Chart

□ Risk Protection Mechanism

□ Focus on Spreads and Slippage Control

□ Can be used in 3 Real Accounts and unlimited Demo Accounts

■ 299.0 USD

■ Omega Indicator Free

 

» Visit the WallStreet Forex

FOREX DIAMOND EXPERT ADVISOR

Forex Megadroid Web

RATING: 7/10

□ SCALPING FOREX

□ 4/5 DIGIT AUTOMATIC TRADING

by a team of coders

■ MetaTrader4

Scalping Currencies: GBP/USD, EUR/USD, USD/CHF, USD/JPY

□ Focusing on the M15 Chart

□ High Spread & Slippage Protection

□ Incorporates 3 algorithms (Trend / Retrace, Countertrend, and Scalping Algorithm)

□ Dynamic Take Profit and Trailing Stop-Loss Orders

□ Can be used in 1 Real Account and unlimited Demo Accounts

■ 279.0 USD

■ Free Future Updates

 

» Visit the Forex Diamond

FAP TURBO 2 EXPERT ADVISOR

FAP Turbo 2 Web

RATING: 5/10

□ SCALPING FOREX

□ LONG-RUN TRADING

□ by Steve Carletti

■ MetaTrader4

Scalping Currencies: EUR/GBP and EUR/CHF

□ Scalping the M15 Chart

□ Forex Brokers Stealth Mode

□ On average 1-5 Trades per day

□ Targeting Profits 6-10 pips

■ 149.0 USD

■ Free Lifetime Updates

 

» Visit the FAP Turbo

GPS 2 EXPERT ADVISOR

GPS Forex Web

RATING: 3/10

□ SCALPING FOREX

by Mark Larsen

■ MetaTrader4

■ MetaTrader5

Scalping Currencies: Mainly EUR/USD, EUR/GBP, USD/CHF, GBP/USD

□ Focusing on Scalping the Asian Session

□ Trailing Take-Profit and Reverse Strategy

□ Targeting Profits 15-25 pips

□ Note that stop-loss orders by this robot are placed wide

■ 149.0 USD

 

» Visit the Forex GPS Robot

FOREX MEGADROID EXPERT ADVISOR

Forex Megadroid Web

RATING: 3/10

 

□ SCALPING EURUSD

by John Grace and Albert Perrie

■ MetaTrader4

■ ZuluTrade

Scalping Currencies: EUR/USD

□ Forex Brokers Stealth Mode

□ RCTPA Mechanism to trade any Market Conditions

□ Adjusting Parameters to adapt Volatile Market Conditions

□ Focusing on Smooth Results

■ 82.4 USD

 

» Visit the Forex Megadroid

NOTE: Our Rating consist:

(1) The efficiency of the automated trading system as a whole

(2) The ability of the system to adapt to new market conditions

(3) The price charged in order to own the system

(4) The re-fund rate of past customers who have bought the system and then asked for their money back (Data from Clickbank)

MORE ON CARRYTRADER

■ COMPARE PROVIDERS

Forex Brokers for Day Traders

Brokers for Carry Traders

Automated Forex Systems

Rebate Plans      
■ CURRENCY PAIRS EURUSD GBPUSD USDJPY EURGBP AUDUSD NZDUSD USDCAD
■ GLOBAL MARKETS » Gold

» Crude Oil

» Natural Gas

» Stock Market

» Soft Commodities

 

 

■ LEARNING RESOURCES » Currency indices » CBOE Indices

» Famous Investors

» Forex Fundamentals

» Foreign Exchange Reserves

» Carry Trade Information

 

 

□ Compare Forex Automated Systems

CarryTrader.com (c)

Foreign Exchange

The Foreign Exchange Market is the largest Financial Market in the world with daily volumes of more than 4 trillion USD. When trading Forex you need a reliable and high-regulated Forex broker and a trading strategy that works:

(i) Introduction to Forex Trading

(ii) Forex Brokers for Traders

(iii) Major Currency Pairs

(iv) Automated Forex Systems

Global Markets

Trading the Financial Markets requires a perfect understanding of how demand and supply shift from time to time. Equities tend to follow bullish cycles lasting 7-9 years, and after, bearish cycles lasting 3-4 years. Energies tend to follow annual time patterns while Precious Metals tend to follow longer time cycles:

(i) Gold Trading

(ii) Crude Oil Trading

(iii) Rebate Plans

Learning

If you are a trader, learning is a non-stop process. CarryTrader offers a wide variety of educational resources including trade tools, techniques, and strategies:

(i) Currency Indices

(ii) Famous Investors

(iii) Technical Analysis

(iv) Brokers for Carry Traders

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