At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase

Forex Trading Systems

What are Forex Trading Systems?

Forex trading systems are methodologies or strategies that traders use to determine when to buy or sell currency pairs in the Forex market. These systems can be manual or automated and are designed to help traders make informed decisions based on various market indicators and patterns.

Types of Forex Trading Systems

There are several types of Forex trading systems, each with its unique approach and methodology. Here are some of the most common types:
  • Trend Following Systems: These systems aim to capitalize on the direction of the market trend. They work best in markets that exhibit strong and sustained trends.
  • Scalping Systems: These systems focus on making small profits from numerous trades throughout the day. Scalping requires quick decision-making and execution.
  • Breakout Systems: These systems identify key levels of support and resistance and trade the breakouts from these levels.
  • Mean Reversion Systems: These systems assume that prices will revert to their mean or average over time. They work best in range-bound markets.
  • Automated Trading Systems: These systems use algorithms and trading robots to execute trades based on predefined criteria without human intervention.

Popular Forex Trading Robots

Several trading robots have gained popularity among traders for their efficiency and reliability. Here are a few notable examples:
  • EASY Trendopedia Bot: This bot is designed to identify market trends and profit from them using advanced AI strategies. It focuses on long-term trends and employs a rigorous signal verification process.
  • Perpetuum Mobile for MT4: A neural network trading robot that works on the H1 timeframe with two currency pairs. It offers features like emergency stop and grid strategy.
  • TickAll: This robot stands out for its ability to adapt to real market conditions and generate profits despite occasional losses. It uses advanced algorithms and real-time market data for decision-making.
  • AI Nodiurnal EA: Utilizing machine learning algorithms, this robot adapts to evolving market dynamics and operates around the clock, ensuring no trading opportunities are missed.

Indicators Used in Forex Trading Systems

Indicators are essential tools in Forex trading systems, providing insights into market conditions and helping traders make informed decisions. Here are some commonly used indicators:
  • Moving Averages (MA): These indicators smooth out price data to identify trends over a specific period.
  • Relative Strength Index (RSI): An oscillator that measures the speed and change of price movements, indicating overbought or oversold conditions.
  • Moving Average Convergence Divergence (MACD): A trend-following momentum indicator that shows the relationship between two moving averages.
  • Bollinger Bands: These bands consist of a moving average and two standard deviations, indicating volatility and potential price reversals.
  • Heikin Ashi: A type of candlestick chart that helps to identify market trends more easily by averaging price data.

User Reviews and Experiences

User reviews provide valuable insights into the effectiveness and reliability of various Forex trading systems. Here are some highlights from user feedback:
  • Users of the EASY Trendopedia Bot have praised its accuracy in identifying long-term trends and its rigorous signal verification process.
  • Perpetuum Mobile for MT4 has received positive feedback for its ease of use and the effectiveness of its neural network-based strategy.
  • TickAll has been commended for its adaptability to real market conditions and its ability to generate consistent profits despite occasional losses.
  • AI Nodiurnal EA has been lauded for its advanced machine learning algorithms and its 24/5 trading capability, ensuring no trading opportunities are missed.

Conclusion

Forex trading systems are essential tools for traders looking to navigate the complex and dynamic Forex market. Whether you prefer manual trading strategies or automated trading robots, there is a wide range of options available to suit your trading style and preferences. By leveraging the power of advanced algorithms, machine learning, and real-time market data, these systems can help you make informed trading decisions and achieve your financial goals. 🚀📈

InvestIQ Bot MT5? Sounds fancy, doesn't it? But before you empty your wallet, let’s dive into what this bot promises versus what it actually delivers. Claiming to need zero additional work from you—you simply install and adjust your trading volume—this bot seems to think it ...

Release Date: 21/06/2024

Welcome to the rollercoaster of trading excitement featuring the Ares CCI Breakout EURJPY! If you're ready to dive into a market analysis that promises no instant riches but a lot of calculated moves, then this is the ride for you. Let’s dissect this trading system together, wh ...

Release Date: 21/06/2024

In a trading landscape cluttered with flashy promises and convoluted strategies, LUNA iGold wades in with a claim that it knows what it's doing, all while keeping things refreshingly straightforward. Can it live up to the hype, or is it just another robot in elegant disguise? We ...

Release Date: 21/05/2024

Ah, the Forex market! A thrilling place where fortunes can be made faster than you can say 'pip'. Enter Trend Genius, a piece of software that claims to be the oracle of market trends. But is it more like a crystal ball or just a fancy paperweight? Join us as we unpeel the layers ...

Release Date: 21/04/2024

Are you tired of your Forex trading journey feeling more like a bumpy rollercoaster ride than a smooth sailing adventure? Well, say hello to the EA Trend Following, your new best friend in the chaotic world of Forex trading! This quirky little expert advisor has just strided conf ...

Release Date: 21/04/2024

Could the TwoMA Crosses be the missing link in your trading strategy? We're about to uncover everything about this trading system—its mechanics, its reception among users, and how it stands against the competition. By the end of this article, you'll be armed with the knowledge ...

Release Date: 21/04/2024

Welcome to the thrilling world of Forex trading, where the only thing more volatile than the markets is your coffee consumption! Today, we dive into the mystical realm of the FxArk RsiMa Grid—the strategy that claims it can turn your trading into a grid of profits. Trust us, it ...

Release Date: 21/04/2024

In a world where trading systems come and go like the wind, Jupiter Eurusd H1 blasts onto the scene claiming to be your golden ticket to Forex success. With promises of state-of-the-art technology and backtested performance, one might wonder if it’s worth the hefty price tag or ...

Release Date: 21/03/2024

Introducing The Gold Finger - a trading robot that claims to unlock the secrets of gold trading but is it really worth the hype or just a flash in the pan? 🤔 From moving averages to mysterious monthly rentals, let’s unravel whether this EA is your next best friend or just an ...

Release Date: 21/03/2024

Ah, the TEMA trend following system—a beacon of hope in the turbulent waters of Forex trading! This system promises to help you ride the waves of market trends using advanced moving averages like the DEMA and TEMA. But, hold on; is this just another shiny lure or does it truly ...

Release Date: 21/03/2024

Introducing 'AI Powered Price Clustering', the new kid on the block that claims to revolutionize your trading strategy by combining K Means clustering with Fibonacci levels. Sounds fancy, right? But before you rush to part with your hard-earned cash, let’s dive into what makes ...

Release Date: 21/03/2024

Curious about optimizing your forex trading approach using the Intraday Intensity Index? Dive into our article where we critically analyze this promising trading tool, its effectiveness compared to other systems, and uncover user experiences that might just surprise you. 🚀 ...

Release Date: 21/01/2024

Intrigued by automated trading but wary of the infamous scam claims? Buckle up! Recovery Zone EA2 enters the scene, promising to turn your losing trades into winning ones. But does it deliver or just add you to its list of unwitting victims? Find out in this deep dive into its fu ...

Release Date: 21/01/2024

Tren de las 21hs promises to be the panacea for all Forex woes, claiming a stunning 100% success rate. But as we peel back the layers, one wonders, can it live up to its own hype? Let's embark on this sardonic trek through the system to uncover whether it's a golden goose or just ...

Release Date: 22/10/2024

Are you looking to uncover the hidden depths of the 'Accumulated Total Spread Per Candle' indicator? In this article, we'll dissect its workings, evaluate its effectiveness against user feedback, and gauge whether it's the next big opportunity in Forex trading or just another fle ...

Release Date: 22/10/2024

Tradepilot EA claims to be the knight in shining armor for traders looking to dabble in the Forex kingdom, and it dangles the allure of its scalping prowess in front of eager eyes. But, here’s a catch - its current rating is a staggering 0. Yes, you read that right! This may ha ...

Release Date: 22/10/2024

Unleash the fascinating yet perplexing world of trading indicators with the Neural Hybrid Direction Predictor! As we peel back the layers of this innovative system, questions arise about its reliability and market performance. Will this be your next prized tool or just another ov ...

Release Date: 22/10/2024

So, you've stumbled upon the PAIZigZag Breakout, eh? This trading strategy seems to offer a whole bag of promises, but isn't there an old saying about things that sound too good to be true? Like the time we believed we could make popcorn without the microwave! Join me as we unmas ...

Release Date: 22/10/2024

...

Release Date: 22/09/2024

Welcome to a deep dive into SuperTrend Classic, the trading indicator that promises to redefine how you view market trends while leaving some traders scratching their heads in confusion. With a reputation score of a whopping zero, it's a mystery why anyone would take this indicat ...

Release Date: 22/07/2024

Market Prop MT5, developed by Ian Plakushko, promises the moon with an AI trading strategy that claims a 90% accuracy rate. Sounds too good to be true, right? Join us as we venture through this system’s claims and sales pitch, soaking in the irony of ‘fully automated’ tradi ...

Release Date: 22/07/2024

Gerimy

Easy Rating: 0/0

MQL Rating: 0/0

Welcome to the world of Gerimy – where the only certainty in forex trading is that losses are just opportunities in disguise! This Martingale robot promises recovery with style – or does it just lead you deeper into the rabbit hole of despair? Let's unravel the truth behind t ...

Release Date: 22/06/2024

Discover the nuances of GW AI Scalping, a new contender in the automated trading arena developed by Amer Juabra. Will this trading bot stand out from the crowd or fade into obscurity? What features set it apart from more established systems, and is it truly reliable? Dive in to u ...

Release Date: 22/06/2024

Linda, would you believe it? The Buttons Assistant has made its way into our lives, promising to revolutionize our trading. But, before you grab your wallets, let’s take a closer look at whether it truly lives up to the hype or if it remains yet another flashy gimmick in the ev ...

Release Date: 22/05/2024

Welcome to the wild world of Catarina Devon, where the claim is that automating your trades is as easy as pressing a button. But, do we really believe it? Let’s dive deep into this so-called trading phenomenon that is promising to turn our trading tables—in a spectacularly au ...

Release Date: 22/04/2024

Dive deep into the intricacies of the 'Advanced Dashboard for Scalping and News Trading' – a product promising to revolutionize your trading experience. But wait! Is this dashboard truly the golden ticket to successful forex trading? Join us as we dissect its features, expose i ...

Release Date: 22/02/2024

Trading Forex can feel like a wild goose chase, but with the Zig Zag Ma Rsi Signal1, you might just catch that elusive goose! Combining the age-old wisdom of ZigZag with the trendy tech of MA and RSI might sound like a cocktail that could either be delicious or a recipe for disas ...

Release Date: 23/09/2024

Are you ready to dive into the world of automated trading with the GRInvest Breakeven Manager mt5? In a landscape flooded with tools promising the moon, we'll critically dissect whether this Expert Advisor is a true gem or just another shiny object. Join us as we explore its func ...

Release Date: 23/09/2024

In a market as chaotic and unpredictable as Forex, can the 'Fractal Levels 3 AM Ind MT4' truly stand out among the myriad of indicators promising success? As traders search for reliable tools, we peel back the layers of this indicator, scrutinizing its effectiveness, user feedbac ...

Release Date: 23/09/2024

Candle Forms is a trading strategy combining various candlestick formations. But before jumping onto the hype train, let’s be clear – does this robot actually deliver, or is it just smoke and mirrors? 1. Introduction to Candle Formations 📈 Candlestick formations serve ...

Release Date: 23/07/2024

Are you ready to dive into the audacious world of Eurcad MED M5? Brace yourselves as we unravel the intricate mechanisms of this trading robot while questioning its alleged prowess in the Forex market. Is it just another flashy façade or a true gem tucked away in the trading rea ...

Release Date: 23/06/2024

In the uncharted realms of Forex trading, the Zenith Pulser stands as a bold contender among the automated trading systems. With its promises of precision and performance, should you trust this EA to manage your account? Unshadowed by reviews or hidden in the guise of a glorious ...

Release Date: 26/10/2024

In the chaotic universe of Forex trading, where pips can feel like they're eluding you more effectively than your morning coffee, enter Phoenix Ultimate XAUUSD, the self-proclaimed superhero of trading systems. With its glittering array of Expert Advisors, it promises not just to ...

Release Date: 27/10/2024

Are you ready to navigate the turbulent waters of Forex trading with the Support and Resistance Lines from ProfRoboTrading? This article will expose the hidden truths behind this supposedly powerful indicator, revealing whether it’s truly a game changer or just another overhype ...

Release Date: 27/10/2024

Time Live5

Easy Rating: 0/0

MQL Rating: 0/0

Ah, the Forex world! It's that peculiar playground where dreams of financial freedom dance tantalizingly in the air while most trades go belly-up. Today, we explore the enigma known as Time Live5. It's a hefty ticket at $1199, but does it pack enough punch to justify its price? L ...

Release Date: 27/10/2024

If you've ever thought trading was a game of chance, the 'Volatility Breakout Trader' is here to prove you right—at least partially. This EA claims to navigate the chaotic Forex market by capitalizing on price volatility, but can it really do what it says? Join us as we explore ...

Release Date: 27/10/2024

Today, we dive into the world of automated Forex trading with 'Secure Set A5,' a product that makes lofty claims but comes with an equally lofty price tag. At a whopping $1097 and a rating that screams 'trust me, I swear I'm good!'—let's see if this bot is truly the unicorn it� ...

Release Date: 27/10/2024

Welcome aboard the wild world of Forex scalping! Ever wondered if a trading robot can actually turn you into a financial wizard overnight? Well, the Compound Scalper is here, armed with signals and claims of profitability. Join us as we peel back the layers of this intriguing bot ...

Release Date: 14/09/2022

Riding the wave of Forex robots, Effect Trader 5 supposedly makes us steadfast traders armed with groundbreaking algorithms. Yet, as we dive into its features, does it actually deliver? Prepare your trading strategies as we dissect this automated enigma while keeping an eye on th ...

Release Date: 27/10/2024

Is Golden Academy a hidden gem or just another overpriced trading illusion? Join us in this in-depth analysis and see why some traders rave about it while others remain skeptical. Find out if the promises hold water or if you're better off with a tried-and-true method. Introdu ...

Release Date: 25/04/2022

Welcome to the rollercoaster world of Ninja Wolf Robot GMT! You might think trading robots are the golden ticket to financial freedom, but strap on your seatbelt while we sift through the digits and drama of this so-called 'automated genius'. Is our dear Ninja really worth the $4 ...

Release Date: 22/02/2021

Ready to dive into the world of VinaSun Scalping MT4? Buckle up! While the promises of automated trading systems often sound like fairy tales, we’re here to cut through the fluff with some unfiltered analysis. Can this scalping system deliver on its supposed capabilities? Or is ...

Release Date: 14/02/2022

Orcs PV

Easy Rating: 0/0

MQL Rating: 5/2

Welcome to the realm of Orcs PV—where trading dreams might meet their demise! Is it a magical gateway to profits, or just another figurative bridge to nowhere? With an impressive 5-star rating and rave reviews, one must wonder if the glittering façade can survive the scrutiny ...

Release Date: 21/02/2022

Prepare to unveil the secrets of Adaptive Trend Hunter, a trading robot that claims to harness advanced algorithms for profitability. But does it live up to the hype? As traders grapple with the allure of automated systems, this article pulls back the curtain, offering a critical ...

Release Date: 14/08/2021

Join us as we delve into the world of EA Izitrade Pro MT4, an automated trading system that promises profits but might lead you down the rabbit hole of robot trading disillusionment. Can it live up to the hype, or is it yet another mirage in the vast desert of Forex trading? Let' ...

Release Date: 22/05/2021

WeTrade

Easy Rating: 0/0

MQL Rating: 3/2

Ever wondered if trading on the Forex market can be as intuitive as brewing a cup of coffee? Buckle up, because WeTrade attempts to streamline your trading experience, albeit with mixed results! With features designed to minimize human error and a strategy based on breakouts, it ...

Release Date: 20/05/2020

Curious if ReitakFX ProTrend EA is the solution to your trading problems? While some traders are raving about its potential, others are left scratching their heads after losing money. In this article, we dissect its operation, user experiences, and whether it's worth your investm ...

Release Date: 28/03/2020

Welcome to the rollercoaster of predictions with Historical Memory B150 MT4! Will this trading system be your ticket to financial freedom, or just another derailed train? Strap in as we scrutinize what makes this indicator tick, and let’s see if it truly lives up to the hype! S ...

Release Date: 18/03/2015

Discover the enigma that is Dark Knight RX, a trading system that promises the world yet leaves traders at the crossroads of skepticism and hope. With a uniquely crafted algorithm and a cohort of mixed reviews, the stage is set for an investigation that will either validate its c ...

Release Date: 24/02/2023

Welcome, brave trader! Are you ready to dive into the murky waters of automated trading with the 'Oberon Bars MT5'? A system that claims to manipulate the markets with 15 separate minions while promising smooth sailing through complex algorithms. Strap in as we dissect this Marti ...

Release Date: 21/07/2022

Are you ready to uncover the truth about the Gann Square of 144? This article promises not just a deep dive into the mechanics of one of the most talked-about trading indicators but also an honest evaluation of its effectiveness, reputation, and user feedback. Are you prepared to ...

Release Date: 15/02/2017

So, you've stumbled upon MingTraderAUDCAD for MT4, a system that brags about its machine learning prowess while targeting the AUDCAD pair in the esteemed 30-minute time frame. Sounds convincing, right? But let's not get carried away. The trading algorithm was crafted by Ming Ying ...

Release Date: 05/11/2021

Welcome, dear traders, to the wild and wacky world of Aura Pro MT4 – where machine learning meets a sprinkle of trading magic! But wait, is it all glitter and no gold? Grab your popcorn as we dive into the buzz and the glitches of this trading beast. Spoiler alert: You'll want ...

Release Date: 10/10/2021

So, you thought you could just buy 'Night Hunter Pro' and become a Forex millionaire overnight? Well, think again! Sure, it’s a nifty little EA, but there’s more than just clicking and winning. Dive in as we untangle the marketing fluff and get real about what this system can ...

Release Date: 14/06/2021

In the unpredictable arena of Forex trading, where a tweet can send prices tumbling, 'Control Multi Trading News MT5' is marketed as the knight in shining armor for news trading. With its enchanting mix of economic indicators and a supposed understanding of market volatility, it ...

Release Date: 30/09/2018

Ever wonder if your trading career is destined to be a wild roller coaster? Well, buckle up, because today we're diving into 'TrendyFollow FX MT4'! This trading system, built on the brainpower of neural networks, promises to enhance your forex portfolio. But with great expectatio ...

Release Date: 04/07/2023

Are you ready to dive deep into The One EA MT4, the trading system that promises a revolution in Forex trading? 🚀 In this critical review, we'll dissect every aspect of this EA, scrutinizing its claims and comparing it against competitors. Can it deliver the stability it promi ...

Release Date: 05/04/2023

Varkis EA

Easy Rating: 0/0

MQL Rating: 4.25/5

What’s the deal with Varkis EA? Is it as great as its developers claim, or is it just yet another automated trading gimmick in a sea of Forex robots? Spoiler alert: it might just be worth your time - or not. From impressive backtesting results to mixed user feedback, let’s di ...

Release Date: 07/04/2022

So, let's dive into the *wonderful* world of the Go Long Hedge trading system—a futuristic algorithm designed to revolutionize your trading experience. Or so they say! With a price tag as shiny as a Tesla, marketed as an 'automated trading masterpiece,' this system champions it ...

Release Date: 28/10/2024

Are you ready for a wild ride in the world of Forex? Buckle up as we dive into the Quantum Quotient MT4, a system that promises the moon but might leave you hanging in zero gravity! With bold claims of sophisticated analytics sans the dirty tricks of Martingale or Grid strategies ...

Release Date: 28/10/2024