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:
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AUTO-TRADING SYSTEM |
DEDCRIPTION |
TRADE PLATFORMS |
KEY FEATURES |
PRICE AND WEBSITE |
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EA BUILDER SYSTEM CREATOR
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
|
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WALLSTREET EXPERT ADVISOR
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
|
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FOREX DIAMOND EXPERT ADVISOR
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
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FAP TURBO 2 EXPERT ADVISOR
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
|
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FOREX MEGADROID EXPERT ADVISOR
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
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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 | ► Brokers for Carry Traders | ||||||
| ■ CURRENCY PAIRS | ► EURUSD | ► GBPUSD | ► USDJPY | ► EURGBP | ► AUDUSD | ► NZDUSD | ► USDCAD |
| ■ GLOBAL MARKETS | » Gold |
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| ■ LEARNING RESOURCES | » Currency indices | » CBOE Indices | » Forex Fundamentals |
□ Compare Forex Automated Systems
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