Forex trading robots and advisors: what are they and how to use them. Profitable Forex Expert Advisors Best Forex Robots

If for one reason or another you do not want to make sales and purchases on the forex market on your own, then order management, as well as the process of making transactions, can be fully automated. To do this, worthy minds have developed best forex advisors 2017.

Automated trading method will help:

1. avoid the psychological factor (eliminate the emotional component, thereby reducing the risks);
2. constantly monitor the situation in the market when you can be busy with other things;
3. shift all burdensome work to the automatic trading system.

Most professional traders tend to use the best Forex trading advisors to get the maximum profit with the minimum risk. Below we have prepared for you a dozen of the best instruments that are popular in 2017 and are the most profitable.

This is how the rating of the best Forex advisors looks like, which consists of 18 expert assistants for traders:

This assistant trader exists in several versions. Trading robot Cobra, which is also called: " Expert Advisor for overclocking a small deposit“, works on various exchanges and does not depend on a clear change in the rate or if there is a sideways trend. Before entrusting him with your contribution, you need to make certain settings.

According to the statement of the creators, the mechanism is set up so that in the future it can calculate the size of the lot itself, taking into account the finances that are on the deposit of the trader.

You can download one of the best tools for profitable trading Cobra 1.1 adviser at this link. Or a more advanced option - Cobra 1.5 Adrenaline download here.

These exchange experts operate according to the Martingale method, i.e. doubling the spots when unprofitable. The mechanism performs at its best with a third-party trend on the stock exchange.
It is possible to buy a vending machine without money. When setting it, you should specify the volume of the transaction. The larger the deposit, the larger the deal. You can download the profitable Stelz Expert Advisor for free at this link.

It functions with many well-known currency deuces all day long. The machine contains many different options that can help both in organizing the operation and in hiding inaccessible data from the intermediary, which is necessary for the contribution. The machine has a specific option that helps to double the size of the spot after the previous unprofitable one.

Of course, the paid version of the adviser is better, but the free one also has many advantages. Download Wall Street Forex Robot 4.7 free advisor here.

The Ilan vending machine, although not new, but constantly updated, was recognized as the best Forex exchange advisor in 2017. The essence is not in the correctness of finding a point for revealing the position at the auction, but in making a competent conclusion of the situation when the deal was opened incorrectly. Trading takes place automatically.

The trader only needs to make settings. This allows you to eliminate errors that have arisen as a result of human impact on the situation. You can download the ILAN 1.6 Expert Advisor by clicking here.

This EA offers a great level of income and is also listed as free (at least today it is observed in an independent admission). It functions with two currencies, the euro and the US dollar in a fleeting range.

For trading with it, it is required that the intermediary has quotes of five digits. The downside of working with this machine can only be if the intermediary starts slowing down with the processing of information, this will significantly affect the results of the auction.

Unfortunately, it is unlikely that you will be able to download and use this adviser for free, although several sites on the Internet offer to do this, but the antivirus program says that it is dangerous for your PC and, accordingly, data. Download or not - your business, but I do not recommend. The price of the Million Dollar Pips Expert Advisor is about $100.

The effective Expert Advisors on this year's exchange include the final version of the Turbo Profit Expert Advisor. This version does not apply the concept of deferred data.

The machine does not depend on the interaction of the intermediary base, a break in quotes, or non-exchange risks. There is also a huge range of settings to choose from, elevating it to the category of the best advisers. You can download the Turbo Profit Expert Advisor by clicking on this link.

Following from the name, we learn that this is an Expert Advisor that can be purchased without money. It was developed for activities with the foreign currency deuce of the English pound and the American dollar. Professional traders are aware of the essence of this strategy, which is to open a spot at the very beginning of the London period.

It contains many options that have a significant impact on its operation. The conversation is about both a little management and risk - the main components of good activity on economic exchanges. You can download the advisor by clicking here (the file turned out to be malicious, write in the comments, if you need it, I will find a normal one).

The DayProfitSE Expert Advisor is recognized as one of the best trader assistants in 2017 on the Forex exchange. According to its developers, it gives up to $50 of income every day with a starting capital of $1000. This is a very good income.

It calculates the course change and moves along, revealing spots. For good work, you need to make adjustments. The main set is supposed to work with two pounds sterling or US dollars. By default, the machine operates with a small lot, but this can be adjusted in the functions.

You can download one of the best DayProfitSE Expert Advisors by clicking on this link.

The activity of this machine is based on the Forex indicator, Bollinger bands. When setting up, the number of allowed data and the stage of their disclosure are indicated. At the same time, risks can be adjusted in accordance with the personal concept.

The consultant operates with a deuce of AUD / NZD, because. his theory is based on the correlation of the AUD/NZD majors. A time frame is a 15 minute period. You can download the Zerg Expert Advisor by going to mail cloud, but avast antivirus says that the file is not clean 😉 .

10. Forex strategy tester

The proposed mechanism is not a Forex advisor. The robot was created to test stock strategies that a trader will use when trading. Even though most of the modern brokerage companies provide a demo account, the significance of this test is undeniable.

In contrast to a virtual account, the system allows you to test in different time periods, slowing down the work, and then restoring it in different positions, to test strategies in one period of time. You can also download the strategy tester from the mail cloud via this link.

Video review of the best Forex Expert Advisors 2017 (another set of profitable Expert Advisors, in which of these there is only ILAN):

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The use of automated trading experts has become one of the most popular topics in the Forex market. A well-thought-out algorithm of a trading expert can bring hundreds and even thousands of percent of profit to a trader. In this article, we will look at the best Forex advisors of 2018 and how to use them on real accounts.

Currently, the most stable and profitable advisers for the Forex market in 2018 are the following types of robots:

Robots using scalping algorithms
Robots using the Price Action system
Robots using light averaging and martingale algorithms for trend trading

Let's consider each of the listed types of profitable Forex advisors in 2018 in more detail and with specific examples.

Recently, Forex scalping has been considered one of the most profitable automated trading algorithms. Thanks to the introduction of ECN accounts with ultra-narrow spreads into the list of trading conditions for brokers, it became possible to successfully use night and day scalper robots.

The work of these Expert Advisors is to scalp (get a small number of points of profit from intraday price impulses). Scalpers can work both in price channels during low volatility (mainly at night) and along the trend (during the day).

A simple example of a successful implementation of the scalping algorithm is the Expert Advisor, which you can find by going to our 2018 forex advisor rating:

On real online monitoring of the adviser's work, the latter earned more than 2000% profit. Such a robot can easily be classified as a Forex advisor for small deposits in 2018 and considered as the best Forex advisor for a real account in 2018.

These profitable Forex Expert Advisors 2018 meet such important criteria as:

1. Availability of real account monitoring.
2. Small trading drawdown.
3. High and stable percentage of profitability.
4. Successful work for more than 1 year.
5. Using a safe strategy (the presence of SL in each transaction, trading in the direction of the trend, the absence of an averaging algorithm and martingale.

Thus, such trading experts can be easily used on a real trading account and with a small deposit.

Another working and profitable direction of trading in our time is Price Action. That is, trading based on the use of price action.

A vivid example of the successful implementation of the PriceAction system is a robot:

The specified trading robot has been working for more than one year and has managed to earn a decent percentage of profit during its trading on a real account. Despite the fact that CovertFX is a paid robot, we have placed it for our readers in the category of free forex advisors 2018, and in the article review of the CovertFX robot you can download the forex advisor 2018 for free and use it in real life.

Of course, all the best trading robots usually cost money. And often their cost exceeds $ 500-1000. However, if you search well, you can also find free forex advisors of 2018, which can bring profit no less than commercial robots.

For example, an adviser that earned more than 1000% profit on a real account:

You will find this free robot in our 2018 forex advisor rating and download it for your real account for free.

Another promising trading robot is this, which refers to the free Forex advisers of 2018:

You can also find it in our rating and download it for independent use as a Forex advisor for small deposits in 2018.

In conclusion, I would like to note that if you are interested in automatic trading and are looking for a stable and profitable robot for a real account, then you are on the right track! Not everyone can learn how to trade profitably on their own. In order to make a profit by trading "hands", you may need a fairly long period of time during which you can "drain" any deposit. Whereas, a time-tested trading robot is able to start making a profit today! The difference is obvious, agree!?

The Forex market is growing every year. More and more people want to join currency trading. Trading is a very complex process, so even experienced financial market participants resort to the help of various programs. They allow you to quickly analyze the market and make the right decision. Some of them can even trade automatically. This article will focus on Forex trading robots and advisors.

There are many disputes and myths around Forex. Many are even convinced that this market does not exist at all. This is just a fiction so that the broker can swindle money from gullible clients. This is how those who have lost their capital in the market and cannot figure out where he made a mistake think.

Experienced traders with several years of experience will confirm with confidence that you can earn money on currency speculation. To do this, each market participant develops his own trading strategy, which he adheres to. If it shows good results throughout the year, it can be integrated into the program. For this, the MQL language is used, which is built into MetaTrader4.

The trading advisors and robots themselves are divided into several types depending on their automation. Among them are:

1. Automatic.

They are considered the most versatile, since their work is fully automated. They are able to independently conduct Forex trading without human intervention. Their work includes analysis of the market, charts, calculation of available capital, determination of the optimal lot, opening a position with stop losses and take profits. If necessary, they close the deal automatically.

1. Semi-automatic.

Such trading advisors and robots are also common among traders. They carry out the same work as automatic ones, only the final decision on opening and closing a position remains with the person. Automatic programs can also be used in this way. Even experienced traders prefer to use semi-automatic robots and advisors for Forex trading.

1. Scripts.

These are auxiliary programs that can be used for trading. They do not analyze the market and do not offer positions, but, nevertheless, it is impossible to process a large amount of information without them.

The main types of trading robots and Forex advisors

There are several different types of Forex trading robots and advisors on the market. They differ in the type of strategy. They can be conditionally classified as follows:

1. Trendy.

Such programs are set up for trend trading. The strategy is based on getting the maximum profit when reaching the peak value. Robots open a trade for several days while the trend continues. While such programs show the highest profitability

1. Martingale principle.

Gambling players are probably familiar with the Martingale strategy. Its essence lies in the constant increase in the rate in order to beat off all losses in one fell swoop. Forex advisors in case of loss of part of the capital, open a new position for a large amount to compensate for losses. Of course, such a strategy can lead to a quick drain of the deposit if an inefficient robot trades, which enters the market at the wrong time.

1. Multicurrency.

Such programs are in great demand among traders. Their peculiarity lies in the fact that they are able to conclude transactions on several currency pairs at once.

1. Scalpers and pipsers.

If the previous robots and advisers usually conclude only a few medium-term transactions, then programs of this type are capable of opening many positions in a short time to achieve maximum results.

A user can download a free Forex trading robot and advisor on the Internet, but it may turn out to be ineffective. The fact is that developers do not monitor the work of such programs, so their algorithm is rarely updated. Traders will have to set it up on their own to get the result. Of course, without experience in this matter, it is quite difficult to solve such a problem.

On the other hand, there are paid trading robots and advisors on the network. You can download them after payment. On average, their cost is 100-200 $ . In general, this is a small investment, given the possibilities of such programs. However, the risk remains, since no advisor or robot guarantees 100% profit.

Below is the rating of Forex advisors for 2017. It contains the best trading robots that have shown excellent results in recent times. However, please note that some of them need constant adjustment, as the market situation is notable for its volatility.

Advisor	Type of	Minimum deposit, $	Shoulder	Yield, % per annum	Maximum drawdown, % per annum	Stop Loss	Take Profit
BumbleBeeFX	trendy	1 000	400	96,33	15,29	Yes	Yes
Laba Forex EA	trendy	1 000	500	83,41	43,73	Yes	Yes
Master Scalper	scalping	1 000	100	84,37	38,69	Yes	Yes
BFS Trident Robot	trendy	1 000	500	53,37	16,29	Yes	Yes
Taren Forex EA	trendy	1 000	500	86,33	44,68	Yes	Yes
Wall Street Robot	scalping	1 000	500	94,57	54,31	Yes	Yes
Forex Diamond EA	trendy	1 000	500	63,39	34,35	Not	Yes
Forex weapon	trendy	1 000	500	78,38	29,28	Not	Yes
Oswin Forex Robot	scalping	500	100	73,38	44,96	Yes	Yes
Goldbull Pro	trendy	1 000	500	57,42	34,40	Yes	Yes

Advantages and Disadvantages of Forex Trading Robots and Expert Advisors

These programs have their pros and cons. Every trader should know about them in order to appreciate the full benefits of using such services. Let's start on the positive side.

1. Passive income.

If the trading strategy is properly integrated into the robot, then the trader will not have to interfere with the work of the adviser. Due to this, you can create a reliable and stable income.

1. High yield.

The bulk of trading robots are able to provide profitability in 50% per annum. The best Forex advisors show results up to 100% . Deposit rates in banks will never bring such a profit.

1. Small investment.

The cost of a trading robot remains affordable for most people as it is $100-200. For stable operation, an adviser needs to have a capital of $1,000.

1. Demo account test.

Before using the program on a real deposit, each trader can test it on a virtual account. So you can be sure of the effectiveness of the robot without additional financial risks.

Despite this, Forex advisors have their drawbacks. Among the minuses can be noted:

1. Ineffective programs.

Companies do not always try to sell efficient robots. Some services actually work according to the Martingale strategy, which is easier to integrate into the program. As a result, the buyer receives a low-quality product, and after some time working with it, he loses his deposit.

1. The need for customization.

If the developers stop monitoring the work and performance of their Expert Advisor, then updates will not be released to it. This means that you will have to configure the robot yourself. To do this, you need at least to have knowledge of trading in order to make adjustments to the settings.

Forex trading advisors have been a desirable product for Internet users for a long time. Everyone dreams of passive income, but creating it is not so easy. Write in the comments about your experience with robots and did you manage to make money on Forex with their help?

As an alternative, we suggest that you familiarize yourself with investments in PAMM accounts.

Currently, many traders are trying to use the so-called Forex 2018 advisors in their work. We have prepared a list of the most interesting ones that are very popular today.

This Forex Expert Advisor works with most popular currency pairs around the clock. The robot has a large number of settings that help not only optimize its work, but also hide restrictive orders from the broker, which is often very useful for a deposit.

In the latest version of the Forex 2018 advisor, you can set parameters such as automatic money management, as well as a special function that will allow you to double the transaction volume after the previous one turned out to be unprofitable (in fact, the Martingale mode).

Forex advisors such as Stelz work on the Martingale principle, that is, with doubling positions in case of losses. This tool works best when the market is moving sideways (that is, flat).

This robot can be attributed to the free advisers Forex 2018, as it is distributed freely. When setting, it is recommended to specify the size of one transaction. Naturally, for large trading volumes, a larger deposit is required.

This tool is not a Forex advisor. It is intended, first of all, for testing Forex trading strategies, which the trader is going to subsequently apply in his work. Despite the fact that the vast majority of brokers today provide a demo account, the relevance of such a tester is obvious today.

Unlike a virtual account, such a program allows you to test any time period, suspend this process and then resume it anywhere, and test strategies for the same time period.

This robot is considered to be the best Forex advisor. Its essence is not that. to accurately determine the place to open a market position, but to make the right decision if the transaction is opened in the wrong direction.

Trading is carried out automatically by the robot. The trader practically does not take part in it (except for the initial settings). Thus, it is possible to exclude the influence of the human factor on the situation. This tool is constantly updated and can be attributed to Forex 2018 advisors (although its first version was created quite a long time ago).

The latest version of the tool can be categorized as Forex Expert Advisors 2018. One of the innovations of the last version is that it does not use such a concept. like a pending order.

This robot works regardless of the connection with the broker from the platform, gaps in quotes, non-trading risks. It also offers a wide range of settings, which makes this algorithm one of the best Forex advisors.

The tool shows high profitability and belongs to free Forex advisors (at least today it can be found in the public domain). It works with the Euro-US dollar currency pair on a minute scale. To trade with it, it is necessary that the broker has five-digit quotes.

The disadvantage of working with this robot is that if the broker has delays in processing orders, this can significantly affect the results.

This is one of the best Forex advisors to date. According to the authors, it can bring up to $50 profit daily with an initial deposit of $1,000. In general, a good return. The instrument determines the trend and follows it by opening trades.

In order for it to work properly, it needs to be configured. The basic package offers work with the pound sterling-US dollar currency pair. By default, the robot works with a small lot, but this situation can be corrected in the options.

Advisor London Explosion

You can already guess from the name that this free Forex advisor was created to work on the GBP/USD currency pair. Experienced traders are aware of the existence of such a strategy, which is designed to open transactions at the beginning of the London session.

The robot has numerous settings that allow you to significantly influence its operation. We are talking about both money management and risk management - two components of successful work in the financial markets.

This robot works on the basis of such a Forex indicator as Bollinger Bands. In the settings, you can specify the number of allowed orders and the step of their opening. Also, the user of this tool can manage the risks according to his own concept.

The EA works with the AUD/NZD currency pair, as its concept is based on the correlation of the AUD/USD and NZD/USD majors. As a timeframe, a period of fifteen minutes was chosen.

On our site you can download Forex advisors for free!