FOREX ROBOTS -COMPARISON TABLE
What is an Expert Advisor (EA)?
An Expert Advisor or else an E.A. or else a Forex Robot is a set of programmed analyses and techniques including indicators, special filters, and rules. Whenever all these tools agree upon forecasting the direction of a trend, a trading order is automatically executed. The trades may be either bullish or bearish aiming to trade any market conditions.
More: » Compare Signal Providers » Forex Brokers
EXPERT ADVISOR |
MECHANISM |
CHARACTERISTICS |
COMPATIBLE PLATFORMS |
PRICE / VISIT |
■ EA Builder (Web-Based) |
■ CREATE INDICATORS FOR FREE ■ BUILD CUSTOM EXPERT ADVISORS ■ NO NEED FOR PROGRAMMING SKILLS |
■ Build your own Trading System ■ Develop Free indicators and EAs for trading Forex, Equities, ETFs, and Commodities ■ Create Indicators and Robots without knowing anything about programming ■ Tens of built-in functions, including trendlines and time intervals ■ Alert via email, Audio, On-Screen |
■ MetaTrader4 | ■ MetaTrader5 ■ TradeStation | ■ NinjaTrader |
■ Free for Creating Indicators ■ $97 for building Forex Robots > Free Lifetime Access
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■ StrategyQuant Algo Trading |
■ BUILD FROM SCRATCH ALGO STRATEGIES ■ STRONG BACKTESTING & OPTIMIZATIONS ■ NO NEED FOR PROGRAMMING SKILLS |
■ Advanced strategy building without the need for programming knowledge ■ Unique backtesting and optimizing tools and methods ■ 4 operational modes: (building strategy, re-testing strategy, improving strategy, and strategy optimization) ■ External tick-data support and 3D Charting |
■ MetaTrader4 | ■ MetaTrader5 ■ TradeStation | ■ NinjaTrader
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■ A full license costs between $990-1,490 ■ The StrategyQuant offer a free 14-day Trial > Free Lifetime Access
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■ WallStreet Forex Robot |
■ FULL AUTOMATED ROBOT ■ 4/5 DIGITS
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■ Can be used in 3 separate Forex Accounts and on unlimited Demo Accounts ■ The Strategy is based on minimizing Spreads ■ 7 Currencies are traded (EUR/USD, USD/JPY, GBP/USD, USD/CAD, USD/CHF, NZD/USD, AUD/USD) ■ NFA-Broker Compliant ■ 5-Min Chart |
■ MetaTrader4 | ■ MetaTrader5 |
■ It costs $299 > 3 accounts) and Omega Indicator worth $97 as a Gift
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■ Forex Megadroid Robot |
■ SCALPING EURUSD |
■ Smooth Results and Selective Trading ■ RCTPA (Reverse Correlated Time And Price tag Evaluation) ■ Trading EUR/USD only ■ Popular among Forex Traders ■ Stealth Mode |
■ MetaTrader4 | ■ ZuluTrade
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■ It costs $82.41
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■ FAP Turbo Forex Robot |
■ SCALPING FOREX ■ PLUS A LONG-RUN STRATEGY |
■ Specialized in trading EUR/GBP and EUR/CHF ■ 2 Implemented Trading Strategies and extra Focus on Risk Management ■ Stealth Mode ■ 1-5 trades daily and target profit 6-10 pips ■ 15-Min Chart |
■ MetaTrader4
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■ It costs $149 > Free Life Updates
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■ Forex Robots Comparison
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» EURUSD | » GBPUSD | » USDJPY | » USDCHF | » USDCAD | » AUDUSD |