BEST FOREX EA 2019
TOP 3 FOREX ROBOTS, EXPERT ADVISORS
Looking for the Best Forex EA 2019? Maybe you realize that it’s tiresome to search the best Forex Robot among thousands available in market. But, the good news is that our research team has done this job easy for you by listing Top 3 Forex EAs of 2019!!
NO. 2 ROBOT
Why choose this EA or Robot?
What’s better than getting 9 proven trading strategies for the price of one.
In addition, you can Activate EA on Unlimited Live Accounts.
Above all, a friendly and professional Live Chat Support (24/5)
Finally, have you heard of “Reinsurance Positions”? They use it without increasing the lots. Also, they use cutting-edge news filter and indicators for technical analysis.
NO. 1 ROBOT
Why Choose this best Forex EA?
Firstly, traders get 12 selectable strategies and 100’s of custom set files.
Secondly, EA is compatible with NFA regulated Brokers, FIFO & MT4 Build 600+.
Works best on GBPUSD, USDJPY, USDCAD, USDCHF, EURUSD, AUDUSD, EURJPY, EURCHF, EURGBP, NZDUSD.
Finally, it uses a newly developed innovative technology involving “virtual trades” that brings precision entry points.
NO. 3 ROBOT
Why choose this EA or Robot?
EA Strategy does not scalp, nor does it average positions (no martingale).
Work on demo and real live accounts. Work even with just 100 USD deposit.
Free lifetime updates and settings.
Real verified account at myfxbook.
Professional default money management settings and freedom to adjust them yourself.
New to Robot Trading?
Never used Robot for Forex trading before? Start here, whether you’re a complete beginner, or a veteran trader. Our guide covers all topics!
Forex Robot / EA (Expert Advisors) Guide
We’re going back to basics for beginner Forex traders, to help you understand how Robot can make Forex trading easy and interesting for you.
In this guide, you will learn:
What is a Forex Robot or Forex EA (Expert Advisor)?
Manual Forex trading is a full-time job, and need a lot of patience and knowledge. Most importantly, psychological factors like greed and fear plays a vital role in success or failure of a trader in manual trading.
Also, 90% of Manual Forex traders used to make unhealthy call during critical time, which negatively affect their accounts.
However, in today’s computing (AI) era, such shortcomings of Manual trading can easily be resolved by using fully Automated Forex trading systems.
Automated trading systems, also known as Forex Robot or Forex EA or Expert Advisor are trading softwares, that uses Algorithmic programs and Mathematical formulas to make lightning fast financial decisions and transactions, that are impossible for human traders.
And, these trading softwares are developed in MQL4 language.
In short, the best Forex EA 2019 trades 100% Automatically, 24*5, without any human intervention and without any rest.
Pros of Automated trading
1. 100% Automated — No learning, no experience required. Forex Robots are 100% programmed to carry out real trading without any human intervention and delivers the best result.
2. Trades 24/5 — You can sleep without worrying about market movements. Forex Robot trades 24X5 without food and sleep.
3. No Profit Sharing — The interesting fact is that, unlike fund manager or investment companies, you don’t share your profit with a Robot.
4. React Quickly — You can’t match speed of a computer but Robot can. It’s coded to execute several trades faster than a blink of eye.
5. No Emotions, No Mistakes — The best Forex Robot 2019 is free from negative human emotions such as Ego, Greed & Fear, and make outstanding decisions based on pre-tested strategy and algorithm.
6. Stress Free Trading — Robot lift off enormous trading stress from your shoulder and allows you to earn at comfort of home, work or vacation.
Cons of Automated trading
1. Mechanical Failures — Robot trades 24*5, and it requires uninterrupted internet connection for 24*5 to execute all the trades it programmed to take. But, the good news is that plenty of VPS (Virtual Private Server) providers guarantees 99.9% up-time. Check here fastest Forex VPS for Auto traders.
2. Vulnerable to High Volatility — In 2019, most Robots works best on trending market, however they are vulnerable to sudden reading and deciphering extreme fundamental data, like economic and political events.
How to start Forex EA trading in 2019?
1. MT4 Installation — Firstly open a trading account with the best Forex Broker and install MT4 platform at your computer or at VPS (Virtual Private Server).
2. Robot/EA Installation — Secondly, purchase the best Forex EA 2019 or the best Forex Robot license and download EA from vendor’s website and install it on MT4 platform. They will also give you a manual on how to install an EA on MT4 or you can also check our detailed instruction in last section.
3. EA Activation — Lastly, you need to activate the best Forex EA for Autotrading. EA vendor will provide you an activation code which you need to enter in MT4 platform. Upon completion of EA activation, it will trade on its own without any human intervention.
9 Tips to Enhance Performance of Forex Robot in 2019
If you think you’ll start earning profit the next day just by finding the best Forex Robot 2019 or the best Forex EA 2019, then hold your horses!!!
Our team of experts has years of experience in Forex trading and they have done extensive research on Forex EA / Robot trading. And, finally our experts came up with these 9 tips that will help you to improve performance of a Forex Robot / EA in 2019 —
1. Best Trading Conditions & Execution Quality —
If the spread of your Broker get unreasonably widened during news hours or during market open and close hours, then even the best Forex EA will not be able to make profit in such adverse trading environment.
To clarify, to get the best result from the best Forex EA 2019, you must need a true ECN/STP Broker on your side offering spread < 0.5 Pips, order execution time < 500 ms, Slippage < 15 Pips and No requotes.
2. Best VPS (Virtual Private Server) —
Check VPS latency, it should not exceed 20 ms.
And, without VPS don’t even think about trading with a Robot. In short, Robot trading without a VPS is the same as shooting your foot.
As Robot trades 24*5, it requires 24*5 uninterrupted power supply, internet connection and low latency, which can only be provided by a VPS.
Not only does it increase the likelihood of profit-making opportunities, but also helps to save huge losses. And, you can subscribe to a good VPS for $25 to $40 monthly fee.
3. Daily Check VPS —
Certainly, VPS providers gives 99.9% uptime, but check your VPS on daily basis to be on safer side. In addition, check whether MT4 is working properly, and also check whether Robot is enabled on selected currency charts.
4. Track Major News —
Daily follow Economic Calendar for high, medium and low impact news. Also, follow EA vendor’s instructions about EA trading during news hours.
For instance, some Robot / EA programmers instructs their Robot / EA to be disabled one hour before major news hours and to reactivate them one hour after major news.
5. Read EA Manual —
Every single word written in an EA manual is important. Therefore, don’t be lazy when reading EA manuals. Sometimes, EA developers used to explain few secret EA settings in their manual.
6. Demo Tracking —
Activate the best Forex EA on both Demo & Live Trading Accounts.
And, if you start noticing losses continuously for 3–4 days, disable your EA in LIVE account but continue to track it in DEMO Account.
Subsequently, once you notice that Robot has again started making profit on the demo account, activate it back in Live Account.
7. Limit No. of Robots —
Do not cloud your MT4 platform with multiple Robots that can not add value to your trading.
Indeed, the best practice is to activate only one Robot on one MT4 platform, and only on 5 to 6 Charts.
8. Check Version of Robot —
Probably you noticed that every 4 to 6 months Forex Market trend changes. And, according to changed market conditions, EA programmers fine-tune their Robots for consistent results throughout the year.
So, make sure you’re trading with latest updated version of the best Forex Robot 2019 or the best Forex EA 2019.
9. Pirated Copy of Robot —
Do not trade with pirated copy of any popular Forex Robot or Expert Advisors.
To clarify, scam programmers usually crack original Robot code and sell it at lower price.
However, such pirated copy of Robots are several years old, and they are not updated and fine-tuned according to current market conditions.
If you enjoyed this post, and it helped you in finding the best Forex Robot 2019 or best Forex EA 2019 or best Expert Advisor for MT4, we’d be very grateful if you’d help by sharing this post to your friends or fellow Forex traders on Twitter or Facebook to create awareness about earning opportunities with Forex trading Robots in 2019. Thank you.
Happy Trading Tradestie!!
Spread the word
Best Forex Robot ⇌ Best Forex Broker
Are you trading your Robot with the best Forex Broker?
BEST 3 FOREX
BLOG – INSIDE INFO
Are you thinking of Forex trading with the help of a Robot?
Be one of the few Smart traders!