Latest Expert Advisor Reviews


4.9/5 (74 vote(s) cast)

A scalper EA that's not limited to the Asian session, opening positions around the clock with a fairly profitable outcome, a few indicators which are shipped with Metatrader are involved in a creative way, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this case it seems to be entirely thread safe.

What came into my mind at the first glance after reading the name of this EA was something like "oh naivety, what an uninspired name, Wall Street is not a Forex market". I thought it was another Asian session scalper or even just a copy of an existing original EA, but when I tried to inspect the opening times of the positions, lo and behold, I noticed that it wasn't restricted to the Asian session, and trades were being opened in the forward tests throughout the day! there are really very few 24/5 scalpers nowadays and this have given me a high feeling of suspicion and mistrust and tended to think it's kind of a scam. A lot of EA providers were discovered to fake statement results, and to cut removes all doubt, I decided to try to ask for a Wall Street Forex Robot review copy, that request has been granted with a very quick email response.

Being writing about it here now is a clear indication that I do not consider it a scam in any way, It's really original scalper where trading several pairs around the clock and it seems to manage scraping a nice profit off it. The pairs it works with are EURUSD, GBPUSD, USDJPY, USDCHF and to a not with the same efficiency USDCAD, although the latter is not even mentioned in the manual and I only could know about it as the author mentioned it. As most of other scalpers nowadays, it runs on the M15 timeframe, so there's nothing new about this.


4.8/5 (45 vote(s) cast)

A scalping Forex robot, trading on the 5M timeframe, can run on accounts of as less as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.

Forex Striker is a recent Forex robot being released by the authors of Fapturbo, and their most recent product commodity Code. It includes detailed user manual, one-on-one support and installation assistance plus ticket to the traders convention in 2014 in the Alpes, Austria. They could get and publish a patent for their robot an interesting feature. It's unclear if they have just patented the robot itself, or the strategy it performance based on. That's OK but this doesn't mean it should have well performance, you are easily able to obtain a patent yourself for any piece of software you make, so there's nothing new.

This is not a one button "Get Rich Quickly" product, you won't see immediate results, this is a long term investment, but stable and easy, this means that it does not win every trade along the day, but its wins are more than its losses in other words, at the end of the month or may be the second month the profits made would be very satisfying. Basically at the end of every year you could expect a large amount of profit.

After installing the EA there will be a very little effort setting it up. The most time will be due to waiting for your chosen broker to set up the account that will be used to run FX Striker on. If you're new to Forex then the trading software that you attach FX Striker to may seem to be a little complicated at first, but a Forex robot is what we use to do our bidding.


4.65/5 (49 vote(s) cast)

By its name, Hedge Track Trader is a hedge trading Expert Advisor that seems to employ safe a hedging strategy with low risk level and according to its MyfxBook statement it could generate 442% profit per year. Its built-in algorithm is coded so that it can adapt the strategy to the always unstable market conditions and smartly managing trades and risk, preserve the obtained profits and markedly disallow drawdowns.

A 100% automated beginner friendly Forex Expert Advisor.


4.79/5 (18 vote(s) cast)

RayBOT trading strategy is based on price ups and downs to and from support and resistance points. It trades frequently in a rate of about 5 - 10 trades on every pair for every week.

Involving more than one currency pair in the trading positions is adequate to achieve stability in gaining profits with much lower losses.


4.85/5 (50 vote(s) cast)

MaxScalper EA isn't a grid or martingale trader and doesn't include any high risk modalities in its trading strategy.

It's not a swing trader too, as after holding positions and making important gains it doesn't fall suddenly as swing traders do.

It's not a short term scalper EA too as it can adapt to current new trading environment and can make enough pips on each winner trade to overcome its possible losses.

MaxScalper is a fully automated expert advisor with target potential trades of up to 7,000 trades a year with an average trade duration of a few minutes to one or two hours maximally and an average profit of 6-7 pips for every trade.



 Expert Advisor Reviews presented by Forex Robots Review – Our tip: Expert Advisor, Trading Robot

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.

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