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Algorithmic Trading

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

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..

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.

Forex Megadroid Robot Review

Forex Megadroid

  • Forex Robot: Forex Megadroid

  • Developed by: Albert Perrie and John Grace

  • Trading Style: Scalping EUR/USD

  • Platform: MT4

  • NFA Compliance: Yes

  • Cost: 67 USD (one-time)

» Forex Megadroid Website

Forex Megadroid Review at FxPros

The Forex Megadroid is a Forex-scalping Expert Advisor for MT4 and ZuluTrade platforms designed in 2009 by John Grace and Albert Perrie. Since then it has proved significantly popular among traders all over the world and has sold tens of thousands of copies. Forex Megadroid is an expert advisor designed to trade exclusively EURUSD under any market conditions.


How does the Forex Megadroid Forex Robot work?

The Forex Megadroid is based on RCTPA technology, which means Reverse Correlated Time & Price Analysis. This feature allows the Forex Robot to compare and analyze currency prices in different markets. The Forex Megadroid algorithm measures current market conditions (demand and supply) and generates forecasts about how the market will perform in the next couple of minutes.

Forex Diamond Robot Review

Forex DiamondForex Diamond Robot Review

  • Robot: Forex Diamond

  • Trading Style: Scalping GBPUSD, EURUSD, USDCHF, USDJPY

  • Platform: MetaTrader4

  • NFA Compliance: Yes (Settings)

  • Cost: $267 (free lifetime updates)

» Download Forex Diamond from their Website


Introduction to Forex Diamond

Forex Diamond is an Expert Advisor designed to trade GBPUSD but also three more pairs EURUSD, USDCHF, and USDJPY. The time frame is 15 minutes. The system is programmed by the developers of Forex Wallstreet EA and it was launched in late 2013.


How does the Forex Diamond Expert Advisor Robot work?

Forex Diamond is a Forex Robot combining multiple strategies to take advantage of completely different market conditions. The EA executes 3 daily trades on average. The system can be optimized automatically and there is no need for manual settings as in the case of other Expert Advisors.

Million Dollar Pips Review

Million Dollar PipsExpert Advisors on FxPros: Million Dollar Pips Review

Million Dollar Pips is an automated Forex Scalping Robot developed by William Morrison. The system is compliant with the US National Futures Association (NFA). The Million Dollar Pips is a Forex Robot easy to install even for beginners.

  • Forex Robot: Million Dollar Pips

  • Developed by: William Morrison

  • Trading Style: Scalping 1M EURUSD Forex Chart

  • Platform: MT4

  • NFA Compliance: Yes

  • Cost: 99 USD (one-time)

» The Million Dollar Pips Website

How does the Million Dollar Pips Forex Robot work?

The Million Dollar Pips Robot is programmed to trade EURUSD using a tight risk-to-loss ratio and that means that the stop-loss of any trade is close to the opening position price. The Million Dollar Pips are scalping EURUSD only in a 1-minute chart.

The Million Dollar Pips set the Stop-loss and Take-profit orders of every trade according to the current market dynamics. The robot is a Forex scalper so it executes a great number of trades every minute if the market conditions are considered favorable. As with every other Forex Scalper, the Million Dollar Pips should be used in individual Live Accounts without interference.