Advisors are scalpers on Forex. Review of free but proven algorithms
Recently, the “Global Web” and resources related to trading on the Forex exchange are literally full of a wide variety of information about the so-called free Forex market advisors, offering to download the best trading advisors.
As we know: “Trust, but verify.” If such free advisors for Forex trading were 100% consistent with these conversations, then there would be a significant increase in millionaires on Earth.
However, it should not be denied that free trading algorithms do not contribute to improving the welfare of ordinary traders.
What do they represent? free Forex advisors“And why is there an increased interest on the Internet, specifically in free algorithms of advisors? We will try to cover this a little below.
Before moving on to the review of advisors, where you can also download them, here is a brief introduction. In essence, analysis using free advisors can be reduced to the global trading scheme of the currency exchange - Forex. As you know, a lot of free trading and exchange systems are used in various trading terminals, for example, MT4.
Answering the question about which free Forex trading algorithm (advisor) is preferable to choose, it is worth saying: they are usually divided into 3 parts:
- commercial trading advisors, rightfully the best systems for trading
- commercial advisors that were successfully stolen (and became the property of the people - free)
- and those that were free initially.
And it is precisely the 1st group of such trading advisors that includes algorithms developed by large exchange institutions, which are used by reputable global funds. No wonder they are not talked about on forums. They are not free, but they are probably the best option. They can't even be purchased for $100 or more.
VIDEO: Free advisors - pros and cons
However, it is about the third group, “free Forex advisors” will be discussed below. By and large, the point is not that some trading systems are free and others are not. It is worth considering that successful traders are artisans, in the most positive sense.
Perfect mastery of your craft, combined with talent, bears fruit. A similar sequence and a certain calculation are the basis of the functioning - i.e. free advisors.
Studying forums dedicated to Forex trading, any thinking person will discover a similar situation: the overwhelming number of free Forex advisors are, to one degree or another, unpromising. Then why are they needed?
Firstly, the Forex exchange is one large conglomerate consisting of buyers and sellers. Mutual interest allows both parties to “find each other” and conclude a mutually beneficial contract or deal. This can be called differently.
The second fact is , that the overwhelming majority of such “transactions” are speculative. Both sides are confident that the dynamics of the Forex market will definitely move in the “right” direction.
It is the free Forex trading advisors (which you can download from us) that make the main contribution to this entire well-functioning procedure. If we assume that all participants in trading on the Forex exchange are extremely honest and decent, that all trading is transformed and moves to the level of the interbank market, then a funny situation will arise...
What if all traders (who use similar trading terminals and use, among other things, common free Forex advisors) decide to open in the same direction, then brokers will not be able to detect such a huge number of counter orders at the required price. This is simply unrealistic. However, time will not begin to move in the opposite direction, but free advisors that gave a signal to traders will not ensure that they receive their earnings. Prices will be much lower, and some will lead to ruin.
However, that's not all. Many people are aware that the majority of individuals (brokers) offering trading services on the Forex exchange are essentially trading “kitchens”. ( see here— ) In this case, traders do not contact the interbank level, but simply trade with each other. This sometimes causes a storm of indignation among traders about their lost millions, which went to the accounts of “unscrupulous” brokers, due to careless trading “game”.
The only thing that can be said in this case- this is that the root of the problem is located in a slightly different “area”. Even if suddenly the trading situation developed in a similar way and traders simultaneously opened their positions in the same direction, a problem of liquidity arises on the part of intermediaries - DCs. This is not surprising, because otherwise, all these trading actions will lead to the ruin of the Dealing Center.
Then there are in nature effective types of free advisors for optimal ones? Of course, free Forex market advisors are not the most suitable option when used en masse and can cause losses, but this only applies to those who perceive them as a 100% guarantee and do not take into account the necessary personal knowledge about the trading scheme of the Forex market, which is mandatory and so on.
The types of free Forex advisors discussed below can only help, perform part of the “mechanical” work of the trader and in no case become some kind of “panacea”
In this section you can find and download the best free Forex trading advisors.
IMPORTANT: To install free Forex advisors, you need to copy them in MetaTrader to the /MT4/experts/ folder, and then double-click on them. Next you will see a window with the code. Press F5.
Let's take a look at this free Forex advisor first. According to the developers, it is one of the most effective advisors regarding the security of overall profit. There is data according to which “cash profit” brings up to one hundred percent per month.
What is the secret of this tool? The fact is that many free advisors use the Forex Martingale system in their work. Cash Profit is an exception. Thanks to clear and strict “stops”, you are in no way in danger of a quick, sudden loss of funds, which so often happens among beginners.
If you decide to open an order, the program will not use any of the existing indicators, but simply analyzes the situation on the market (dynamics and direction of movement) at the time of opening the order and selects the most suitable time for the transaction. “Cash Profit” activates stop l00s after opening the transaction itself, therefore, it is not afraid of a temporary connection disconnection or an unexpected price jump.
The trading pair for which this free advisor was created is euro/dollar M15. It is believed that the optimal starting deposit is five hundred dollars. In the case of cent accounts - fifty dollars.
The next free Forex exchange advisor bears the proud name "Cobra" and during use, I found positive feedback from many traders in trading. Reliable and profitable. Aren't these the main features of MTS? The latest version 1.1 has corrected several important issues. In particular, the lot is now calculated absolutely automatically (the so-called “dynamic lot”).
The calculation uses the size of the initial deposit and the amount of available funds. In addition, the latest version suggests the ability to install several at once. Thanks to this, this free advisor allows you to work more efficiently on Forex during periods of increased market activity.
In addition, the instrument implements a progressive increase in positions in the event of counter price movement. On the one hand, this solution is similar (partially) to, but everything happens much more softly. A significant advantage of the proposed free Forex advisor is the ability to trade both one and several paired currencies.
It can rightfully be called a universal advisor, since it has the ability to work on precious metals and CFDs. In the latest version 5.0, the right to trade several currencies at once was implemented. In this case, “Cheetah” is installed on only one chart. As a result, we get the opportunity to hedge using a variety of instruments, and also avoid being stuck on one position.
Before disabling an order, Gepard conducts full monitoring of it. To avoid concluding a transaction against a stable trend, this Forex advisor mobilizes various filters. In addition, there is the possibility of a wide variety of stops, as well as their trailing. As a result: profits increase, and risks decrease.
Advisor from a free set of trading tools - “Robot Forex_2015”
If you tried to download the best advisors for trading and ended up on a page with Robot Forex, consider yourself lucky. The individual and unique algorithm of this “monster” will surprise you and show excellent performance. This is one of those free Forex exchange advisors that you can safely trade on a real account.
It is worth noting that it showed itself to be the most promising on the pound/dollar pair M30-1N. Despite the fact that the developers themselves claim that for successful trading it is enough to have one hundred dollars with a lot of 0.1, most traders have verified the greater effectiveness of five hundred dollars in the account.
Advisor from the free series “Forex Combo_2.42” for Forex trading
Thus, downloading the best trading and exchange advisors does not always mean getting a radically new product. This is confirmed by the following free algorithmic advisor Forex Combo_System. The new version of a well-proven device uses as its main algorithm completely different strategic schemes, including 3.
The tool is designed for five-minute trading with the dollar/euro pair. The good news is that the advisor is completely Russified with additional settings for traders who “tailor” the software “to their own needs.”
An earlier version of the above free Forex advisor is called “Forex Combo_System 1.46”. Like its later “brother,” the tool works according to three independent strategic systems and is designed for five-minute trading on the dollar/euro currency pair. Even though this is an early version, most traders use it successfully. This may be due to the long operating time and adaptation of Forex traders with this tool.
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The next representative of free Forex advisors is called automatic Golden Profit. It’s worth mentioning right away that with improper settings, this gadget will not bring significant profit, since standardized settings are not designed for changing market dynamics. Using the Martingale system, Golden Profit converts all losing trades into your profit. This may sound surprising, but developers (and traders as well) claim a 3,100 percent profit per year when using this device.
If any strategically important news (of an economic nature) occurs, you should not use Golden Profit, as this will negatively affect its performance. Thus, before detailed news is released, the best option is to disable it. Please also pay attention to the correct deposit amount for the original lot. Its volume should be 0.01%. And the recommended deposit in this case is one thousand, and on micro accounts – one hundred US dollars.
If you have enough funds and you want to increase the lot size, then it is more reasonable to do this the day after the first Friday of each month. At this time, information about unemployment is published.
Among the advantages of the program we can mention the absence of the human factor. Now there is absolutely no need to be near the terminal. This is very important because it eliminates the influence of the emotional factor on the outcome of the transaction. Thanks to innovation in the program code, Golden Profit will never close an order opened by you personally. In addition, it does not adapt to history and works the same on real and . Often, to optimize the work of this free advisor, Forex indicators are used, which are downloaded simultaneously with the advisor.
Another no less unique free trading advisor is IIan Dynamic. This Forex advisor also requires a special approach and individual deposit/lot settings, under which it will produce excellent results. Like the previous one, it converts losing trades using the Martingale system into your profit.
It is worth pointing out this feature: when the deposit reaches three thousand dollars (with a starting volume of one thousand five hundred dollars and a lot value of 0.01%), it is necessary to increase the lot volume to 0.02%. As in the previous case, you should not leave the instrument working when economic news is released, in order to avoid sudden jumps. Simple rules for using the device will make your life much easier and will significantly increase the number of zeros in your account.
Forex Advisor “FreeMan”, from a set of free downloadable...
Unusual advisor "Forex" Freeman »
designed to work over short periods of time, taking into account RSI and MA. Five and fifteen minutes are ideal. Much less often, but still they use the 30th timeframe. The ideal option as a currency pair would be the dollar/pound, although there is a lot of room for creativity and everyone can try something different. The device will automatically determine the session stop time and the take profit level. The parameters are calculated based on the nature of market volatility. In addition, the program has the ability to filter by trend and time schedule.
Free advisor "Urdala Trol" on Forex
This tool is based on the flat strategy. This device has been tested more than once on real Forex cent accounts and has proven positive. A nice addition is to set absolutely any take profit according to the chosen trading tactics. At the beginning of work, the device sets the number of counter orders with the Lots and LotsProc parameters. After some time, one of the established orders will close (by trailing) and it will be necessary to place the next lot. Its value should be similar to the previous one (both in volume and in direction of movement).
This free Forex advisor is designed to work with a time period of 15 minutes and the euro/franc currency pair. The initial deposit for this free trading advisor is 100 US dollars. In its operation, the free trading tool uses a breakout on the Bollinger scale (for the first order). If the first one goes into the minus by 50 or more, then the program automatically opens the second one, with a much larger amount. At the end of the trading session, the situation may develop as follows: either a quick “loss” or a quick profit.
Advisor “Pallada Top” from the free archive of the Forex market
Downloading the best trading and stock advisors is the smallest part of our mission. But developing a practical trading system based on several Forex indicators is more difficult. However, Pallada Top is just such a program.
Thanks to strict monitoring of the market, finding and confirming all positive dynamics, the program code makes transactions strictly out of necessity. The timeframe for the program is 1 minute. And currency pairs include both the dollar and the euro.
Forex "Pallada" advisor available for free
Somewhat similar to the previous free tool is the Pallada Forex advisor, which operates about 21 optimized indicators and performs trading sessions on several currency pairs. In addition, the trading advisor adapts to different time periods and clearly differentiates your orders from those that the program opened independently. The system for adapting the entire trading algorithm to the market is relatively flexible, and 3 experts promptly give signals when the market begins to move.
Forex - stock advisor "Tokyo", also provided for free
An average free advisor that can bring you up to eighty points per trading session. Every night the trading advisor works means three open orders (despite the fact that trading is carried out only a couple of times during the week). The system operates with the time interval H1. At night (from 03.00 to 08.00), the free advisor participates in the Asian trading session.
Forex advisor "Spreader", from free access
When downloading the best trading and exchange advisors, you need to remember not only their primary qualities. Independence from the human factor also plays an important role in the operation of a free trading tool. To do this, the tool must have a number of autonomous functions. And so, Spreader is perhaps the most suitable of the advisors.
Independent calculation of the situation, automatic operation mode allows you to find out the most promising moments of entering into bargaining and using the most profitable equipment. Spreader overcomes unforeseen situations without difficulty, since it does not use any of the indicators in its work.
Free advisor BVF “Boomerang VF” in Forex
This free Forex stock advisor is quite easy to manage, 100% automated and capable of giving up to 25% profit to the trader. It’s true that it’s not always possible to find a trading program as free software. And this is the main disadvantage.
Forex Advisor - “TurboProfit_3.0” on Forex for free
Using the pound/dollar, this trading instrument uses pending orders with a time frame from M5 to H1. Thanks to multi-directional trading, the income from using a trading advisor significantly exceeds previous free Forex advisors.
“Pulse” Forex advisor from the free collection
And finally, a free advisor called Pulse. The trading tool filters most incoming signals through MACD. Using the Daily Open system, the advisor reflects the order opening line, and the I-Profit function displays the history to the trader for any previous period of time.
Thanks to the Candle Time algorithm option and also Bar Trend, it becomes possible to monitor trading periods until the very formation of the “candle”, which will allow you to see the trading figure of that “candle”. The huge selection of time periods and currency pairs of the free advisor will appeal to the most sophisticated trader.
Let us remind you that the free Forex exchange advisors listed earlier are the result of many years of analysis by economists and professionals from the field of information technology. However, this is only an aid to a real trader in achieving success, but in no case is it a 100% guarantee of success.
Downloading the best algorithms and trading advisors is not enough. Only market analysis, awareness, and daily practice can develop trading skills and produce significant results.
Not every novice trader has a large enough deposit to work on the Forex currency market, plus the same extensive experience in independent trading. Therefore, many beginners are interested in the question: is there a trading advisor for a small deposit, for example 50 – 100$?
Such an advisor must meet two conditions: the possibility of stable operation of the advisor itself, as well as obtaining more or less decent profits for the trader.
You can consider two different options for working on a small deposit. The first is working with minimal risks, low volumes and a small number of open transactions. With this option, the adviser’s profit increases relatively slowly, but without the big risks of losing your entire deposit at once. As they say, the hen pecks every grain. Such advisors do not use aggressive trading methods, the Martingale principle, lot increase, etc. Some of them work only during the Asian session, when there is practically no high volatility in the market.
The second option is to accelerate the deposit. Trading advisors are used that apply the Martingale principle or averaging in their work. The Martingale principle is to increase the lot if the price moves in the opposite direction of the open trade. After a certain number of points, additional orders are opened with an increasing lot, and so on until the price reverses and the entire series of orders is closed. Of course, there are chances to double or triple your deposit, but the risks are very high. Martingale, with a relatively small recoilless price movement, will very quickly kill your deposit.
Which option suits you best – choose for yourself.
One more point needs to be considered here. You can use a cent account to get started. Then you can put a trading advisor working on Martingale on it. If you fund your trading account with $100, then you will have 10,000 cents in your cent account. This account is already more resistant to possible drawdowns. I think there is no need to explain that before installing a trading advisor on a real account, it should be tested and optimized in , and then its operation checked in .
Let's move on to consider some trading advisors for small deposits, which, in my opinion, deserve your attention. First, let's look at quiet advisors.
The Smart trading advisor works according to the trend, uses stop loss, does not use Martingale, increasing and accumulating orders, which makes it low-risk and makes it possible to use it on a small deposit.
Timeframe: M15.
Leverage: 1:100.
Money management: 0.01 lot per $100.
As already mentioned, the Smart trading advisor works according to the trend, opening positions when the minimum or maximum of the candle is broken at a certain interval. For each open position, a take profit and , to which you can attach, are immediately set. Take profit, stop loss and trailing stop parameters can be changed in the advisor settings. The Smart trading advisor doesn't have many settings, and I think there won't be any problems figuring them out.
Smartin the strategy tester.
Testing the Smart advisor after a little optimization gave the following result:
Currency pair EUR/USD 15-minute chart 2015 
The profit was 206% with a drawdown of 26%.
The timeframe recommended by the developers for the Smart Expert Advisor is M15, although during testing I did not notice much of a difference from changing the timeframe. For example, on an hourly interval the results are the same as on M15. 
When configured correctly, the Smart trading advisor shows good results. The main thing is that it does not use aggressive trading methods and really does not require a large deposit. But, in any case, do not forget about preliminary testing and optimization of the advisor. And so, a good trading advisor for a small deposit.
This is a multi-currency trading advisor that works only during the Asian session, when market volatility is low.
In its work, the Night Owl trading advisor uses , that is, trades are opened and closed quite quickly. It does not open order grids, does not use Martingale, and works with minimal lots (if you yourself do not increase the risks).
The advisor has a minimum number of open positions, and they are closed very quickly. Therefore, the Night Owl trading advisor can be used on several currency pairs at once, and on a small deposit.
In the settings you should pay attention to the item "GMT_Offset" . For the advisor to work during the Asian session, it is necessary that your terminal time corresponds to Greenwich Mean Time. At this point you set the difference between server time and GMT time.
Also set it up correctly: for this you need to set the initial lot size "Lot" and risk percentage for each trade "Risk" . The remaining parameters can be left unchanged.
Results of the trading advisor's workNight Owlin the strategy tester.
Since the MT4 strategy tester does not allow you to test the advisor on several currency pairs at once, we will run each recommended pair separately.
Results for 2015 of the Night Owl trading advisor.
Profit of $219 with a drawdown of only 7%!!! The result is simply superb! If only all couples worked like this.
A well-known and time-tested robot scalper that works around the clock on several currency pairs. A well-designed advisor with several levels of protection and good performance results. I will not expand widely about it here. The Wall Street Forex Robot trading advisor is reviewed in more detail
Developed based on a neural network. The developers say that this gives the robot the ability to self-learn. It is not clear how this works, but the adviser shows good results.
Currency pairs: any dollar.
Timeframe: H1.
Leverage: 1:100.
As already mentioned, the Better trading advisor is based on neural networks. It is able to remember all options for market development and price movements on the chart of a currency pair. However, in order for the advisor to show good results, it is required to constantly optimize it for new market conditions.
An example of the work of the EA Better trading advisor after optimization in 2015 on the EUR/USD pair.
Aeron JJN EA is a scalper robot based on the original JJN scalper ATR indicator. Works in volatile areas of the market.
Currency pairs: EUR/USD, GBP/USD.
Timeframe: M15 - H4.
Leverage: 1:100.
Money management: 0.1 lot per $100.
The operating principle of the Aeron JJN EA advisor is quite simple. Based on the signal from the JJN scalper ATR indicator, the advisor opens a position, immediately setting take profit and stop loss.
The Aeron JJN EA advisor has a minimum of parameters for settings (6 in total), so understanding the settings will not be difficult and its optimization will not take much time. Therefore, let's immediately move on to the results that it can show.
Having run the Aeron JJN EA advisor on different timeframes and settings, I determined that it works better on the 15-minute timeframe.
Currency pair EUR/USD 2016.
The profit was 89% with a drawdown of 10.6%.
As you can see, Aeron JJN EA is perfect as an advisor for a small deposit, thanks to minimal risks when working.
Now the second part: trading advisors for accelerating the deposit. These are mainly advisors using Martingale. Therefore, you should work with them on cent accounts, because their drawdown can be very large. Accordingly, the deposit should also be quite large.
Let's start with, perhaps, the most famous trading advisor, Ilan. I won’t write much about him because it has been written and rewritten about him. There are a huge number of modifications of Ilan. Anyone interested, I advise you to look at the forum. There is a whole section dedicated to the Ilan advisor and all its modifications. You can find it here
For those who don’t yet know anything about the Ilan advisor, I’ll tell you briefly.
Trading advisor Ilan is considered the founder of the Martingale principle. This is the most famous robot working in this style. Martingale has been known since the 18th century. It was first used in card games, and then in casinos. The principle is to double your next bet after a loss. Thus, if the next bet wins, then you are a winner based on the result of two transactions.
Advisor Ilan also opens the following positions with an increased lot if the price goes in the other direction. If the price turns in your direction, Ilan closes the entire series of orders with a profit.
Here is the result of testing the Ilan trading advisor for 2015. Tested on the EUR/USD currency pair. Timeframe H1. Cent account.
A small illustration of his work for the month.
Trading Advisor Shock Bar 1.3, in addition to the method, which can be disabled, uses the trend. There are a lot of settings, unlike previous versions, so the advisor can be configured for any operating mode. You can connect the MA filter. In this case, the advisor will open trades depending on where the price is relative to the Moving Average. With good settings, the Shock Bar 1.3 advisor shows very good results: on the EUR/USD pair for 2016, the deposit increases by more than 13 times.
Choose any of the advisors presented above for a small deposit, test them. You can download any of them for free. Try it and share your opinion.
They vary depending on the preferences of the trader himself. We will give you a rating of such advisors, which will help you better understand how they work and which advisors are more profitable.
1. The best cent Forex advisor is Cobra. The advisor copes well with deposits of $10, but at the same time is capable of working with larger deposits. The biggest advantage of the advisor is that it is a trend advisor. This significantly reduces the level of risk when opening a transaction, and the Cobra advisor leads trading in the direction of the trend.
Recommended currency pairs are pairs with the American Dollar. This makes trading more convenient, since you have the opportunity to select a currency pair with a minimum spread, which will increase your income. You can find many flexible settings in this program, and customize the advisor to suit your needs. Below you can download the advisor for the cent account.
2. In second place cent advisor Gepard, being one of the best forex advisors for cent accounts. This is a universal advisor that can trade gold and more than 30 pairs. But this is not the entire list, because all financial instruments exported by your brokerage company can be used for trading in the Gepard advisor.
Like some Forex cent account advisors, Gepard places all types of stop orders and performs hedging transactions. And this, in turn, reduces the risks of opening unprofitable transactions. We can say that this advisor is the best option for trading on cent accounts.
3. On the third place cent deposit advisor Scalper, which is also included in the cent advisors and is automatic. As the name implies, this advisor works on a scalping strategy. That is, the program opens a large number of transactions with a small profit. The advisor is suitable for cent accounts, that is, it works without problems with small deposits. It is recommended to trade on a pair that has a small spread (.5 -2).
Cent advisors are also very popular with Forex4You. The advisors we have listed below work well on both cent and standard accounts, regardless of the lot size. You can use them with any broker. These were the most Forex cent account advisors.
He came to the conclusion that he had an excellent idea on his hands, which works very well. The system is truly reliable and can suit any market conditions.
Best broker
The only problem was that he didn't have enough free time to sit near the computer 24/5 waiting for signals. Thus, he decided to join forces with two talented programmers, Anthony and Ronald, who were able to create an excellent robot based on this system.
Like a GPS navigator in a car, the robot tries to predict short-term movements, which it succeeds with a high degree of probability.
That is why it was decided to call it “GPS Forex Robot”.
As effective as this advisor or this fighter should be your income weapon.
It is immediately obvious that...
...the advisor works on a real dollar account with the FXChoice broker.
A real account immediately eliminates the possibility that the adviser works like a trick strategy for a demo cent account. He is a real dollar advisor, in management, who has $100,000.
To be fair, we note that monitoring does not show a single cent in withdrawals. Which could mean the money isn't real at all. 
Well, go and find out how it really is! Otherwise everything is fine. The broker was chosen to be easy to find on the Internet, which means he did not provide special conditions for the robot. And it will work on the same as on the test one.
I would like to draw your attention to the fact that...
... Trading history verified.
This means that the owners of the monitoring, having transferred the investor password, confirmed that the history transferred to the monitoring one coincides with the history posted by the broker.
Line: Trade rights confirmed...
...says that monitoring owners can open transactions on the account, that is, they own the trader’s password and, in fact, have access to the automatic system that brings such outstanding results.
Updates occur very frequently.
Thanks to frequent updates, we can enjoy a unique experience. Which, firstly, are reliable, and secondly, 9.79%. These are unique indicators!
Look
At the same time, the absolute increase was 317.77%. What else does?! The advisor brings 3.69% per month.
Why is the robot good for both cent and dollar accounts?
This robot doesn’t care where to work: in the dollar. It will bear the same fruit. The average trading time is seven hours and forty-five minutes. I would like to say that this is...
…short-term trend finder.
So be it. Moreover, the average profit is only 7.33 pips. Very similar to scalping. But the average loss is sixty-eight and a half pips. Well, here it is necessary to note:
Average profit is less than average loss.
However, when developing advisors, you encounter a variety of market configurations. It is very possible that this advisor is designed in such a way that it is able to show good profits using just such settings. Yes, what could it be?! That's exactly what he does! Makes money with this configuration!
In conclusion, I will say that the advisor has a positive sum of points. This means that it does not use , which is also not visible on the growth graph.
And in the history of the advisor for cent and dollar accounts there are no traces of a martingale or a trace of a grid.
This is such a wonderful advisor.
Most novice forex traders trade on cent accounts, the deposit amounts do not exceed $10, this is due to a lack of funds and fear of losing the deposit.
Very often, some experts say that it is not possible in automatic mode on such accounts; such a statement is fundamentally erroneous; there are so-called cent advisors that work equally effectively on any Forex account.
Trade big only with a leading broker
The leader in popularity is Cobra advisor, this trader works well with a ten dollar deposit, and can also work with large amounts. Its main advantage is that it belongs to the so-called trend advisors, that is, trading is carried out only in the direction of price movement, while the riskiness of transactions is significantly reduced.
Cobra is recommended for trading currencies that include the American dollar, which allows you to select a pair with a minimum spread and significantly increase your profits. At the same time, this program has a lot of flexible settings that allow you to build its work in accordance with your needs.
The second most popular is the cent coin. Gepard advisor, but calling it just a cent would be a little erroneous; the name “maximum universal” would be more suitable for it, since this is precisely its main quality.
Gepard can trade not only on more than thirty currency pairs, on gold and other precious metals, it is also possible to trade in almost all instruments that your broker exports to the MetaTrader trading terminal.
In addition, there is the possibility of flexible risk management by using hedging transactions, placing all types of stop orders or choosing the most effective strategy at the moment.
This version of the trading robot is perhaps the most profitable and versatile of all the options presented.
Scalper Advisor As the name already implies, this version of the program for automatic trading works according to the popular scalping strategy, when used, a lot of transactions are opened with a small profit.
A distinctive feature of this advisor is that it works normally even with a few dollars, and you can test it on a real account without fear of large losses.
You can trade on almost any currency pair that has a small spread (0.5-2 points), since this indicator is the most important when trading with scalping.
The listed cent Forex advisors work perfectly on standard accounts, regardless of the lot size; they are classified in this category only because of their performance with a small deposit.