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Algorithmic Trading

Learning how to trade with algorithmic systems and automated Forex trading systems reviews...

Create EAs with EA Builder

EA Builder Review (Create Custom Expert Advisors)

EA Builder Review

The EA Builder is a web-based application that helps traders transform their trading ideas into fully automated systems. There is no need for programming skills and even beginners can create complex Expert Advisors. The EA Builder can also create simple indicators and that service is 100% free. You can create an automated strategy to trade any financial asset (Forex, Equities, Commodities) and use it on three trading platforms (MT4, MT5, and TradeStation).

  • Forex Robot: EA Builder (Expert Advisor Creator)
  • Robot Style: Create Custom EAs and Indicators with multiple functions
  • Platforms: MetaTrader4, MetaTrader5, TradeStation
  • License: Unlimited Real / Demo Accounts
  • Cost: Free for indicators / 97 USD (one-time) for EAs

This is the full review of the EA Builder

Introduction to the EA Builder

EA Builder offers a user-friendly interface with graphical functions and pop-up help windows. There are also 15 video tutorials for making things further easier. EA Builder offers a full set of functions including stop-loss calculation and more complex money management tools. The EA Builder is free for creating indicators and costs 97 USD for creating Expert Advisors.

» EA Builder Web

Getting Started with Algorithmic Trading

Algorithmic or automated trading means the automation of the whole trading process, from decision-making to market execution, based on a combination of computer software and hardware. An algo-trading system mist be able to execute and alter trades 24/7 without any human intervention. 


Algo Trading Basics

Major Assumptions

  • Historical results have at least some predictive ability {Sharpe 1994}
  • Financial Markets are not perfectly efficient (at least in the short term)
  • Financial Markets have a finite depth
  • Regularities in financial data do exist, but only for short periods, a window of opportunity may open, and then at some future time it will close

FAP Turbo Robot Review

  • FAP TurboRobot: FAP Turbo

  • Developed by: Steve Carletti

  • Trading Style: Scalping Forex (Asian Session)

  • Platforms: MT4 / MT5

  • NFA Compliance: Yes

  • Cost: 149 USD (2 licenses and lifetime updates)

» Visit the FAPTurbo Website

FAP Turbo Review

FAP Turbo is a Forex Scalping Robot running on MetaTrader4 and MetaTrader5. FAP comes from Forex-Auto-Pilot and it is designed to trade any Market Conditions. The new version 2.0 of the Forex Robot includes Bitcoin Trading plus High-Spread Advanced Control.

FAP Turbo in action..

StrategyQuant Platform Review

StrategyQuant Algorithmic PlatformStrategyQuant Algorithmic Platform

StrategyQuant is an innovative algorithmic platform that allows the creation of automated trading strategies for any market without any programming skills. The software can help traders optimize and backtest their auto-trading strategies by using a wide variety of built-in tools.


StrategyQuant Software Review

Traders can use thousands of already-made automated trade strategies or start building their trading strategies, completely from scratch. One of the greatest advantages when using the StrategyQuant platform is the ability for sophisticated backtesting and step-by-step optimization:

  • Developing from scratch automated trading strategies without programming skills

  • Trading any financial market (Forex, Equities, Cryptocurrencies, Bonds, etc.)

  • Selecting from a wide library of thousands of random existing automated strategies

  • Four available modes (developing, re-testing, improvement, and optimization)

  • The end product can be an Expert Advisor (EA) for MetaTrader4, MetaTrader5, NinjaTrader, or TradeStation

  • There is a 14-day trial (a fully-functional trial)

  • Customer support and an active community of thousands of members


StrategyQuant free 14-day trial

GPS 3 Robot Review

GPS RobotGPS 3 Robot Review

  • Forex Robot: GPS Forex Robot 3

  • Developed by: Mark Larsen.

  • Trading Style: Scalping Forex

  • Platforms: MT4 / MT5

  • Cost: 167 USD (one-time)

» Download the GPS Forex Robot


Introduction to the GPS Forex Robot

The GPS Expert Advisor is a pure Forex scalper developed by Mark Larsen. The main difference between version 3.0 of the GPS Robot compared to previous versions is that the third version is much faster. This characteristic is crucial for a Forex scalper. The robot trades a great variety of currency pairs based on the Asian Session. The currencies traded include EUR/GBP, EUR/USD, USD/CHF, GBP/USD, and some others.

Volatility Factor Robot Review

  • Volatility Factor RobotForex Robot: Volatility Factor

  • Trading Style: Scalping EURUSD, GBPUSD

  • Platform: MT4

  • NFA Compliance: Yes

  • License: 1 Real Account / Unlimited Demo Accounts

  • Cost: $267 (Lifetime Updates)

» Visit Volatility Factor

Introduction to Volatility Factor

The Volatility Factor is a Volatility-Driven Expert Advisor designed to trade exclusively GBPUSD and EURUSD via MetaTrader4. It can be used in any Forex Broker (including the US), and any account size.


How Does Volatility Factor Work?

The trading strategy incorporated in the system is based mainly on current market volatility and focuses on optimal entry levels for opening new positions. The Forex Robot scalps Forex and targets to achieve profits of 8-15 pips per trade. It is designed to deliver 3/4 trades per day. The developers claim that by opening new positions at the right levels, the system places tighter stop-losses and thus offers reduced loss potential.