The Best Forex Expert Advisor 2018
Choosing the best Expert Advisor (EA) that can be relied on forex trading is not easy like as to looking for fleas on the head, it’s quite difficult to find the best profitable expert advisor
There are so many kinds of ea, artificial intelligence forex expert advisor,5 pips a day forex expert advisor,diamond forex expert advisor,eafxtrade expert advisor forex,forex arbitrage expert advisor, and so on
From so many types of EA Forex that are sold out there, so you can get confused and sometimes finally choose EA that doesn’t generate much profit or even gets a scam.
Many people choose to trade forex manually and that’s fine if you have enough time to trade. But if your permanent job needs a lot of overtime, or if you want to have more free time for your family, then forex trading using Expert Advisor is a very helpful choice for you
Looking and finding the best forex robot might not be easy, and it could be needs a long time to test profitable Forex Expert Advisors
Here are some ea which according to the source have been tested for several years and are still considered to be the best forex expert advisor
Real Forex Profit EA
Forex Real Profit EA specializes using scalping techniques which means trading in the short term, and breakouts on the most popular pairs. This sophisticated-looking EA provides a track record of real account trading results at IC Markets brokers since June 2013, where the forex robot is claimed to successfully gain + 72.95%, and at broker Pepperstone with a gain of + 41.57%.
The most interesting feature of Forex Real Profit EA is its sophisticated settings. This EA uses a combination of five strategies to capture profits on the market in all conditions. In addition, Forex Real Profit EA also has two rare features, namely “invisible mode” that can prevent brokers from interrupting your trading position, and “high-impact news filters” that allow this EA to avoid the time of fundamental news releases having a major impact.
EA Real Profit Robot Specifications
- Platform: Metatrader 4/5.
- Strategy: Scalping and Breakout.
- Pair: EUR / AUD, EUR / CAD, EUR / CHF, EUR / GBP, EUR / USD, GBP / CHF, GBP / USD, USD / CAD, USD / CHF, USD / JPY.
- Broker: It is recommended to use an ECN broker with tight spreads. You can choose the TenkoFX
- License: Paid, $ 199 / year. Renew or additional account plus $ 99.
- Website: EA Real Profit
- You don`t need to bother to determine the ratio of a lot size adjusted to capital, the robot will determine for itself how much each trading should open. So when the capital has increased, the robot also automatically follows by increasing the number of lots size. So Money Management is very good.
- Has protection from Slippage and Spread which suddenly enlarges.
- Has a dynamic Stop Loss and Take Profit algorithm, and most positions are closed at a lower level than the specified Stop Loss level
- An invisible mode that prevents non-ECN brokers from affecting your forex trading transactions. If the Invisible mode is activated, the non-ECN broker will not be able to see where TP and SL are set. It is common knowledge if there are some “rather fraudulent” brokers who prefer to execute SL, making us lose quickly. This is where the invisible mode feature is used, which makes the broker system unable to see the SL or TP-robot position.
- High Impact News Filter (a big impact news filter), which will prevent robots from operating when high volatility and market risk increase within an hour before and after the fundamental news release schedule has a major impact.
- Money back guarantees: Valid for first EA installations within 30 days after payment.
Real Profit Trading Robot Performance
The results of Trading robots that have been tested by the manufacturer themselves can be seen in the portfolio through the Myfxbook below:
- Use only brokers with small spreads, bro, which support ECN accounts.
- Discipline to be patient and not intervene at all, whether it’s the number of LOT, SL, TP, etc.
- Don’t mix with other trading robots. If forced, install another robot in another MetaTrader, but the VPS is the same. So you can save on VPS costs.
- Use VPS where the server is the same as the Metatrader / Broker server.
- From the calculation of profit and operating costs, new profits can be felt for deposits above $ 2000. Below that is still tight with VPS fees and the robot license.
Forex EA Diamond
Diamond Forex EA maybe will make you happy. Equipped with various complementary devices such as spread protection, slippage protection, help-desk, and News Filter, EA trading performance Forex Diamond is calculated to be high.
Specifications of the Diamond Forex Robot
- Broker: Free, you can choose TenkoFX
- Leverage: 1: 500
- Minimum Capital: 500 $
- Pair: EUR / USD, GBP / USD, USD / JPY
- TimeFrame: M15
- Website: forex-diamond.com
- Price: 177 USD One Time License
- Robots are designed with three strategies:
- Take advantage of the trend, which is tracking the signal from the strategy to systematically conduct profitable trade.
- Using strategy a counter-trend that has the potential for trend reversals. After the opportunity is detected, the Forex Diamond robot adjusts the trading parameters to maximize profit potential.
- Scalping strategy counter trend; by utilizing a small spread this robot executes a trade with precision and speed.
- But customers can use all three or just one strategies.
- There is optimal money management.
- Protection from slippage and high spread that often occurs when the market is very volatile.
- Relatively less need for optimization than other EAs. Customers only need to adjust trading parameters based on the market situation, then EA will adjust itself.
- The latest EA Forex Diamond v5.0 update has provided a News Filter, so it can avoid trading when there are fundamental high-impact events. By default, it is not installed, but can be applied by installing AvoidNews = true.
- If you are disappointed with the results, there is a guarantee that money can be returned 100%, within 60 days.
Diamond Forex Robot Performance
2013-2016 Period Real Alpari Account (MyFxBook Non-Active).
2015-2016 Period Alpari Pair Demo Account GBP / USD (MyFxBook Non-Active)
2013-2017 Period Alpari All Pair- Demo Account
- You can find the backtest results on the official website, it looks good performance, the graphics always go up. However, the results are still less convincing for the output that appears from the backtest results.
- Currently, the creator can only display reports with a demo account only, this reduces the credibility of the robot.
- In 2016 record drawdown has touched the level of 40%, this is very risky. While the value that can still be received is below 20%.
- Starting December 2016, the robot’s performance actually starts to decline or sideways. See the graph of the 2013-2017 All Pair performance above.
- If seen from the average profit pips per trade (10 pips), this robot is not too sensitive to spreads. So there is no obligation to use an ECN broker.
GPS Forex Robot
One of the best Forex EAs on the market was developed by a group of programmers led by Mark Larsen. In general, GPS Forex Robot operates based on relatively simple metrics, but its track record is able to display high profitability very consistently.
GPS Forex Robot specialties include running a Trend Trading strategy, Martingale, and Stop and Reverse on EUR / USD, EUR / CHF, EUR / GBP, and USD / CHF pairs. His impressive performance has been recorded in the track record on Myfxbook since May 2012 with a gain reaching hundreds of percent
Specifications of the GPS Forex Robot
- Type: MT4 Expert Advisor With Automatic Execution
- Specialization: Trading Trend, Martingale, and Stop and Reverse on EUR / USD, EUR / CHF, EUR / GBP, and USD / CHF
- Broker specifications: Free, any broker as long as the platform is MT4, you can choose TenkoFX
- Minimum capital: recommended no less than $ 100
- Consumer contacts and services: Website
- Price: 149 USD
- Money back guarantee: available, money back guarantee in 60 days
EA GPS Forex Robot Performance
Real account (USD) at FX Choice brokers with 1: 200 leverage.
If it goes according to its track record, this EA GPS Forex Robot is definitely one of the best expert advisors. However, it should be noted that the second proof myfxbook given shows trading only on the EUR / USD pair
In addition, both of them recorded a very high initial deposit; one is 100,000 USD and the other 50,000 USD. Although the creator recommends that the initial deposit is relatively low at only 100 USD, judging from the evidence it can be concluded that this EA will work better if you are ready to put higher capital.
Of the three expert advisors described above, of course, it has provided an overview for choosing the best expert advisor, which one with drawdown below 20% is a profitable expert advisor
Of course, besides choosing the best ea, it also adjusts to the amount of capital that used
After all, forex is a risky business, it is still wise to spend money that affords to loss is the golden rules in high-risk investment