Forex Trade Strategy

These are some proven Forex trading strategies {According to time frame: -Long-Term → Short- Term}

 

Carry-Trade Strategy

Carry Traders are among the most profitable Forex traders. Carry Trade means selling a low-interest rate currency and buying the same amount of a high-interest-rate currency. The concept is to make money based on the interest-rate differential. The key is to open positions at the right time. The right time means that a Forex pair has recently completed a correctional wave and it is ready to move the opposite direction.

More on ►CarryTrader.com

 

Swing-Trade Strategy

Swing trading involves opening and closing positions that last from several days to several weeks. The key is to find a strong trend that is near to complete a correctional wave. Traders must use low capital leverage and accept the trades only if the Reward/Risk ratio is more than 3.

More here: ►ForexExperts

 

MACD Divergence / Pivot Points Strategy

This is a reversal strategy based on MACD divergences which are very reliable on spotting potential reversals (M30 to D1 charts). After detecting a divergence between MACD and the Price Chart, the trader must make sure that the price is near a pivot point. If these two conditions are met, the trader opens a position at the opening of the next candle.

 

Forex Rebates / Breakout Strategy

A Forex Rebate plan provides the opportunity to make money based on your trading volumes. An intraday breakout strategy can fit perfectly with this opportunity provided by a rebate plan.

More on ►Forex-Rebates.com

 

London Momementum Trade

When the London session commences (08:00 am GMT), the Forex market volatility booms. This strategy is very effective when a pair starts to move directionally or it retraces from an area of strong support/resistance.

 

Best Forex Trading Strategies

Forex-Investors.com

Forex robots are software programs that plug-in a trading platform (mostly MetaTrader) and turn your PC into an automated trading machine. Forex robots are usually implementing scalping strategies aiming to achieve small profits of 10-40 pips per trade.

Popular Forex Robots (Expert Advisors) are been reviewed and compared, the EA Builder, the FAP Turbo, and the Forex Diamond.

Forex robots are software programs that plug-in a trading platform (mostly MetaTrader) and turn your PC into an automated trading machine. Forex robots are usually implementing scalping strategies aiming to achieve small profits of 10-40 pips per trade. They can execute tens of daily trades on a 24/5 basis without any human intervention.

Why Forex Traders use Forex Robots?

A Forex robot can eliminate the negative human psychological factor while it doesn’t get tired. Furthermore, it can instantly execute trades without any delays. As in the case of manual trading, Forex robots can place a take-profit and a stop-loss order or even a trailing stop-loss order.

 

1. Build your Own Manual & Automated Trading Systems with EA Builder

Free for creating Indicators, paid for EAsUisng EA Builder you can also build your own trading systems for MT4/MT5/Tradestation for free.

The EA Builder tool offers a full set of trading features including (i) technical analysis, (ii) money management, and (iii) time functions.

You can build:

(i) your own manual trading systems for free

(ii) but if you want to build an automated system (EA), you have to pay a one-time for registration ($97)

EA Builder Features

-No programming skills required

-Free for creating indicators, paid once for automated systems (EA)

-Full set of trading features and tools (via a graphical environment)

-Create indicators and EAs to trade Forex, Stocks, Equities, Commodities, and Bonds

-Supports MetaTrader4, MetaTrader5, and TradeStation

-No installs (100% web-based tool)

-Trades binary options on MT4

-Education Tutorials

» Start here with EA Builder (free for indicators, paid for EAs)

 

2. Comparing Forex Robots

This is a comparison between three of the best solutions for trading with Forex Robots in the market. Each one of them has special features. You can review the two commercial Forex Robots individually, later in this article.

Forex Robot

Supported Platforms

Trading Features

Forex Assets

Cost / License

Home-Page

EA Builder

Free for creating Indicators, paid for EAs

Free for creating Indicators, paid for EAs

 MetaTrader-4

◙ MetaTrader-5

 TradeStation

 Customer Support

◙ Member’s Area

  • No programming skills required
  • Full set of technical analysis via a graphical environment
  • Money Management Control
  • Full set of Trading Orders
  • No installs (100% web-based tool)

 

-Create indicators and EAs to trade Forex, Stocks, Equities, Commodities, and Bonds

-Trades binary options on MT4

-Education Tutorials

 Free for creating Indicators

 $97 for creating EAs

 » Start here with EA Builder

FAP TURBO

FAP Turbo 2 Review

Fully Automated Forex Robot

MetaTrader-4

MetaTrader-5

NFA Compliant (US traders)

24/5 Phone Support

Member’s Area

  • Scalping mainly the Asian Session under any Market Conditions
  • High-Spread Control Filters
  • Targets average profits of 10 pips
  • M1 and M15 timeframes

Scalping 5 Forex Currencies:

EURUSD, EURGBP, EURCHF, GBPCHF, and USDCAD

 

Plus Bitcoin Trading

Onetime 149.00 USD

2 Real Accounts License

Lifetime Updates

Plus the Bitcoin Signals Indicator

 

» FAP Turbo Official Site

FOREX DIAMOND

Forex Diamond is a fully automated Forex Robot that trades 4 currency pairs.

Fully Automated Forex Robot

MetaTrader-4

NFA Compliant (US traders)

Member’s Area

  • M15 Timeframes
  • Spread and Slippage Control

 

Scalping 4 Forex Currencies:

EURUSD, GBPUSD, USDCHF and USDJPY

Onetime 279.00 USD

Unlimited Demo Accounts

1 Real Account

License

Lifetime Updates

 

» Forex Diamond Official Site