Best Forex Expert Advisors

Well then, fellow forex-traders, I have long wanted to put together a collection like this. This article contains the most resilient, time-tested expert advisors, most often with simple and understandable ideas at their core.

If you hope to see a scattering of holy grail robots here, I will disappoint you. They do not exist. And do not believe those who try to sell you anything like that. This list includes EAs that personally seem interesting and understandable to me, and that, with careful work (selecting settings, currency pairs, pausing operation in unsuitable years, etc.), are capable of getting close to that very "holy grail".

Night scalping works well in some periods and not so well in others. But overall, this is already a classic strategy that is extremely problematic to trade manually. Through the efforts of our forum members, Generic and Generic 14 were created; in essence, they are the same bot, only the 14th version has an order grid added.  And this is perhaps the best night scalper.

As can be seen from the monitorings, during sharp fundamental turmoil it is better to turn off night bots (Generic's monitoring was hurt precisely by the political turmoil surrounding Brexit). 

Review of Generic TLP

Review of Generic 14

A rather complex hybrid expert advisor built on the indicators Bollinger Bands, RSI, ADX, DeMarker, Moving Average; trading is conducted inside a channel, and a small order grid is built if price goes against the position. 3 profitable years of operation: maybe indicators are not so bad after all, haters?)

A few months ago I finally got around to removing unprofitable pairs from the monitoring, and the picture improved noticeably. 

Review of the Survivor expert advisor

A modification of the Wall Street Forex Robot expert advisor with an added order grid. Some criticize it, but for us it has been working perfectly for many years already.

Forum thread

Another expert advisor based on indicators (Bollinger Bands, DeMarker, and Ozymandias), showing steady profits over many years (since 2014). No martingale, only classic risk management. No fantasy, no 100500% per day, just steady deposit growth. Written by our forum member Silentspec.

Review of the Milky Way expert advisor

Hysterical old ladies in Thailand, Kamaz truck drivers, some bearded Caucasians.... Who has not made money selling this bot? The bot itself is not bad, but the really big money was made by those who, after downloading the expert advisor from our site, renamed it, optimized it, and sold it under different names. There were dozens of copies; the most famous was Wall Street Bot.

Therefore, in the case of this bot, the most profitable way to use it is to rename it and sell it to people far removed from the internet and trading. More details here. 

Review of the Trio Dancer expert advisor

An expert advisor based on a modified gap trading strategy. Written by our forum member Rigal. A steady small profit. The robot trades infrequently because of the specifics of the strategy, but nevertheless it is more than resilient over the long term. The win rate on EURUSD and USDCHF reaches 100%. And this is no joke.

Review of the Montag expert advisor

Large and complex project. In fact, this is the most advanced grid expert advisor in history. Hucksters would have been selling it long ago, but we do not publish the source code).

This machine is not simple, you will have to study the topic deeply, but those who use it are satisfied. 

Review of the Setka expert advisor

Forum thread

Another decent grid expert advisor. 6 years without a blowup. It is, of course, also renamed and sold by hucksters, but not as actively. But that does not mean it is bad). Old but good, as they say.

Review of the Hacked Pro expert advisor

In principle, the only expert advisor that can technically be called "break-even." It uses carry trade principles; the robot's strategy is described in more detail in the review at the link below.

Review of the Grand Master expert advisor

Another simple but resilient over many years expert advisor based on indicators, the main one of which, as you might guess, is Laguerre.

Review of the Laguerre Scalper expert advisor

A long-term stable expert advisor for trading gold (XAUUSD), no martingale at all (although you can enable it in the settings if you wish), developed by our forum. It can sit in drawdown for a long time, but when gold is volatile, it shows excellent results.

Review of the Gold Chervonets expert advisor

I think this list will be updated over time (but not often). The robots presented above can make a very good portfolio. But you cannot do without knowledge and experience; study, at the very least, the course "Forex on Autopilot", before diving headfirst into the depths of algorithmic trading.

Respectfully, Pavel Vlasov
Tlap.io