This has only ever been available on one forex scalping ea before.
To make sure you understand the difference between auto trading platforms and forex robots I suggest you open 2 small accounts and try out each option on an account. You will quickly be able to see whether you prefer forex robots or auto trading applications. The best forex EA s over the last 5 years have all had one thing in common, they have been scalpers. Some have been dangeous employing very risky methods such as grid and martingale strategies.
Why are scalping strategies so much more popular than other strategies amongst big hitters? Well the answer is simple. It is more exciting than other forms of trading. It is less risky …. It is more profitable due to high volumes. It is less stressful as a trade never stays in the market for a long time which means virtually zero draw down. You need to test several things when looking at an expert advisor.
We will list them below for a better organized description. To find the best forex ea you will have to test tens, even hundreds perhaps but the good ones are out there, how do we know this? Just have a look at all the copy trade services. Some of those guys have insane results. They are not manually trading I can promise you that. All the real successful traders nowadays are using expert advisors and the more you test the closer you will get to discovering the best forex ea in the world.
The best forex robot ever made …. Well the answer is …. So lets rephrase the question: Is there a forex robot for retail traders that can actually make a difference to your life. The honest answer is that we are getting there. I remember purchasing the my first forex ea which was Forex Auto Pilot.
The idea of a robot trading for you while you sleep was amazing, I bought into it and of course lost all my money. The site is still up to my surprise , here it is: Well this of course is a debatable topic, however I am going to attempt to share my opinion in a way that will show you the correct way of going about it. Before we can test what the best forex robot is we have to find the best conditions to test them on i. The broker you choose is so important that even if you have found the holy grail in an expert advisor it means absolutely nothing unless you trade with the correct broker.
We have written an article on this previously: Best Forex Broker for Scalping So now we know which brokers we should use, this brings us to our next question: What is the best trading method for robots? The answer here is quite simple: Scalping is the best way to trade forex, period. Now that is quite a statement and many of you may disagree off the bat, but hang on just one second. What we want is the following: Scalping is the only strategy where you can use a tiny stoploss, huge volume and virtually unlimited up side.
So by this logic, we are saying that the best forex robot currently has to be a scalper. So we are looking at scalpers. This luckily dramatically reduces our options.
Lets reduce the list even further by adding another very important filter, verified results on a Live Account. Now this might be more difficult than you think, yes there are tools like Myfxbook and FXBlue but the reality is that brokers themselves can create fake accounts.
Why would they do this? Well, if they can prove the best forex robot works with their trading conditions most traders will simply open an account with them. This makes it virtually impossible to verify live results, so how do we make sure they are real?
It is actually not that difficult, here are the steps you take:. If the results are the same as the vendors account pip for pip that means you can believe that the rest of the verified results are indeed correct. This does not mean you have to make a profit in 7 days, your account just needs to match that of the vendor.
By filtering we came up with the best 3 , you might think we are biased so we will let you test them yourselves. These are the 3 best forex robots on the retail market at the moment, do not take my word for it, test and compare them to make sure. Forex Scalping is a method of trading the currency market which entails entering and exiting the market at short intervals and usually taking small amounts of profits in terms of points.
Forex scalpers would most often only hold trades for a few seconds or minutes at a time before closing their trades.
The forex market is especially suited to scalping due to the high level of leverage employed. A trader is able to gain large amounts of profits for small movements in the currency market. Scalping is very exciting and can be a very low risk way of trading if done correctly. If you would like to test a scalping strategy please let us know. We would be happy to share our expertise.
We have created a list of the top 10 best forex robots Our list was comprised through various factors including drawdown, minimum deposit requirements, risk management and obviously performance. All the robots in our list have myfxbook live accounts to verufy that they actually work in real market conditions. We have reviewed the results and will name the Pros and Cons of each robot. It is very important to note that we did this research with the assumption that the accounts on Myfxbook are real and not manipulated, we do however have to mention that some brokers are known to manipulate results one of the brokers that came up a lot when doing our research was SynergyFX.
Two of the Robots here are on SynergyFX and they seem remarkably similar: We do not have any evidence that definitively proves that these are manipulated and until we do they will remain on this list. It was important to take the following into account when trying to identify the best forex robots Obviously the cost of a forex robot is also key.
The top 2 robots are very similar but the reason for FSR 3. We hope this information helps you and that you! We really believe these are the best forex robots So you are a little low on cash and cannot afford to buy a expensive scalping ea. Unfortunately in life things that are free often more expensive. They are either not up to standard so nobody can sell them or they are a way to sell you something else.
One way or another you will end paying. I will do this on the agreement that as soon as my robot has created the money that it costs you actually buy it. This is an awesome deal no matter from which angle you look at it. What do you have to lose? Once this period is over we believe you will have enough faith to actually buy the robot. What will we do if you take the money and run? Well we cannot do anything but ban you from ever using our bot again.
Get your free scalping ea today! To start a successful scalping journey you first have to find the best forex broker for scalping. The success of scalping is highly sensitive to the trading conditions provided by the broker.
It is critical that you have low slippage, fast execution and low spreads. It is easy for brokers to give low spreads and then manipulate execution ann slippage as this is hidden from the view of most traders.
So to make it easy we decided to do some tests and publish the results on our website. We started with a large pool of metatrader 4 brokers and quickly eliminated the bulk because of extreme execution or slippage issues.
We will not mention the losers here but we will have a look at the brokers who made it through to the top 5. The average slippage across our trades was 0.
The Ping time 7ms. Remember these tests were all run on live accounts. So in our view they are the best forex broker for scalping. GBE had excellent conditions as well but there were some spikes in slippage and execution which lead to lower scores overall.
There was one trade that went horribly wrong with slippage of 9 pips which was a real pity as we performed well over all. This technology provider can connect you to various brokers but the stand out is Dukascopy.
We have always liked Dukascopy so it was great to test the bridge. All in all however a good experience with FTT. They are a great option for traders with limited funds to start.
IC Markets have great spreads and their comms are reasonable considering the low entry point. They are more expensive on comms than the other brokers ahead of them but a very good outfit which you can use to profit from with scalping strategies.
FXCM has been known as the best broker for scalping over a number of years. If you have the capital and you are looking for a stable very reliable broker then look no further. A broker that has stood the test of time and is listed on the NYSE. Very good broker, they are very big and focus on the bigger hitters rather than normal retail clients. Our test only ran 30 days but because of the number of trades we were able to execute we believe it was long enough.
It is important to note this test is relevant to all forms of trading not just scalping as you could save a fortune from spread, commissions and execution delays if you trade with the best trading conditions available. We are proud to announce we have found the best forex broker for scalping and that broker is TradeView Forex. So you are looking for the best forex scalping robots in We had a look at various factors including affordability, durability, performance, pairs traded and risk.
Here is a list of our favourites:. Remote Installation for new traders. The Forex Scalping Robot v3. The other robots also faired well but not as well as FSR 3. High Profit Factor Poor when slippage is added. It is extremely effective and profitable under the right trading conditions.
When conditions change however so does the performance. You need a professional ECN Account for this robot to work properly. If you have all this it is a great bot to go for. Everex is a great scalping robot. We are surprised they do not have live trading data as we have had great results on a live account. We are also surprised with the limited lot size, you have to pay more to trade more lots. All round very stable good forex scalping robot. We hope you have enjoyed our comparison between these 3 forex robots.
If you have the money we recommend you buy all 3. If you only have enough money for one we recommend buying FSR 3. So we claim to have the best forex scalping ea , many people claim many things, why should you believe us? Well quite plainly we actually did a lot of research and testing before even coming up with the philosophy of our scalping bot.
Here is a list of the tests we performed:. MT4 Broker with the best trading conditions for scalping. Best times for scalping.
Best Entry points for Scalping 4. Best trailing stop configuration. Best combination of Trading Pairs 7. The desired outcome for this test was to identify the MT4 retail broker with the best conditions for automated scalping on a live account.
We tested a total of 20 MT4 brokers in this test. The areas we tested were execution time, latency, slippage and of course spread. We tested these factors in low and high volatility and at random market times over all majors. We immediately eliminated 16 of these brokers due to slippage which averaged over 1 pip per trade.
On the remaining brokers we ran a high frequency EA over 30 days to gather further slippage and execution data. We crunched all the figures and one broker came out tops. We found that TradeView Forex was the best all-round option for scalping. The only issue that some people did have was their regulation which is in the Seychelles. From our tests however they out-performed all other brokers.
This was on their Innovative Liquidity Connector Account. In order to create the best forex scalping EA we had to come up with the best execution time.
There are a number of factors which affect execution i. These are all connected to time. At certain times of the day there is more liquidity which increases execution speed. Execution speed is essential for success in scalping. We used the data from our brokers test to see if there were certain optimal times and days for scalping. What we found was very significant. For this test we used a variety of known entry strategies for scalping including different crossovers, market cycles, Fibonacci Retracements, Volatility Indicators etc.
The Entries with the most success however proved to be old reliable Support and Resistance levels. Contrary to the belief most people have these areas act as a instigator for volatility and often spikes occur at these levels.
This makes it a perfect entry strategy for scalping. As this is our secret sauce we will not reveal the specifics but the general philosophy behind our trailing stop and essentially our exit strategy. We are strong believers of low risk, both in business and in trading. If you can limit your downside risk and have infinite upside exposure you are in a great place.
Our initial stoploss is set at 2 pips which allows us to use high volumes when trading. There needs to be a balance between securing profit and leaving room for retracements. We believe we have found the perfect balance and our results agree. We had to establish which timeframe would be best to trade on. What we found is the higher the timeframe the more accurate the system. This however does lead to a slight problem. The M5 timeframes trades a lot but is not very accurate.
We tested all the majors. We only tested a number of pairs because the spreads on the other pairs were too high for scalping. This continued into our testing on a demo account where all these pairs performed very well.
When we moved to a live account there was a clear difference in execution speed. We expected this as it is impossible to replicate live execution conditions on a demo account where orders are not really filled in the market.
The only pair that remained consistently profitable … yes you guessed it …. Draw down is the biggest killer of a forex scalping EA. We combined all the factors above to realise our goal of minimal risk and maximum reward. As mentioned earlier we use a very tight stop loss of only 2 pips.
With our brokers test we were able to eliminate excessive slippage. Our intellegent trailing stop makes sure that we do not limit our profit to just a few pips, in fact our largest live trade thus far has been 35 pips. That give a risk reward ratio of 1: If you would like to follow our live account feel free to do so here: Well we certainly believe so. If you compare our robot to other forex scalping robots we usually come out tops trade for trade.
The largest single reason for this is that we use an intelligent stop system which allows us to completely manage our risk. Small risk high reward combined with a higher than normal win ratio for a scalping bot. You have a recipe for success. Try our bot free for 7 days. What is Forex Scalping? Why Forex Scalping is such a good Strategy When you use forex scalping as your strategy you can use a very strict risk management strategy. You claim this is the best forex robot, got any proof?
The building of our forex scalping EA So when we came up with the original philosophy for our forex scalping robot we decided that we had to create something special which gives us high reward on very low risk. Challenges facing a forex scalping robot The first issue and the biggest is slippage. How do you know FSR 3. The best forex robot. What is new in FSR for ? As you should never really tinker with a winning recipe, we have only added a few small improvements: Accelerated Trailing Stop — This allows our forex robot to trail per tick and also accelerate should there be a spike while in trade mode.
This works wonderfully well already, we will add a few updates during the year to optimize this new setting. We have been able to squeeze out a few extra pips using this method. Condition Sensor — We have identified 3 main market conditions in which the current market moves and cycles.
Our sensor is able to identify the current market condition and use optimized settings for each. This is the piece of AI we have added, had we used this from the beginning of our equity curve would have been a lot better towards the latter part of the year. Best forex broker for scalping To get the most out of the best forex robot you will have to use the right broker. Would you like to test the best forex robot for free?
Only valid for Tradeview Forex through a special account we have negotiated. You need a VPS — we can provide a list of suppliers. Current user base We currently service clients paid and 3 month testing and try our best to provide the best service in the industry.
Best wishes for — Mark Zen. Forex Scalping Robot 6. Positions are closed by a profit, time or after reaching TakeProfit or StopLoss level. The EA uses neither martingale, nor hedging and needs no complex setup. Suitable for trading instruments with three or five decimal places. Testing is good, but real trade is too risky: More gains than losses.
Default value for lots 0. Only losses since November, so switched it off. It buys high and sells low, after the move is almost or completely over. Then positions are trapped in negative so most of them are closed in a loss. Don't use it on a real account. A waste of time One month of testing on 2 accounts, same broker with same server and mql5 vps.
Very different results on the 2 accounts, 1 wins and 1 loses. Or the strategy is very mysterious, or the ea cheats in backtest and is just a random trader on live trading And this explains why the author has no signal to show. True Scalper EA Free. Peculiarities Ready to go without any particular setup. It is possible to set the maximum spread size but not more than 20 points. Trading in a certain day of week can be enabled. Supports any execution type.
Works on Standard and ECN accounts. Advantages Easy to use, no complex settings. Parameters Trade - trading settings. Recommended values are 0 to 3.