Top Forex Expert Advisors

Mail me at CompareExpertAdvisors@hotmail.com for information on how to get a 40$ discount when purchasing FapTurbo!

Looking for a reliable expert advisor to trade for you automatically? Do you want a bullet proof expert advisor to relieve you of the rigorous functions of continuous market trading? Most importantly, are you looking to avoid the pressure, greed, lack of confidence and downfalls which characterizes most traders and their trading?
If so, trust me, you've come to the perfect place, here you can choose from a collection of the top 20 Forex Expert Advisors for Metatrader 4 (Mt4).
Do you have an amazing new idea and are searching to turn it into an automated trading system? You will also find out here how to make your own custom made expert advisor.
Feel more than free to write your own personal reviews and comment about the expert advisors listed below or share the information on this blog with other Forex traders.

Why Trade With Expert Advisors?

Why do 99% of forex traders usually lose? Traders are only humans beings and like all humans beings, we suffer from greed and pride. In crucial moments (such as market conditions) we lack self confidence, we fear what might happen and are usually (90% of the time) - inconsistent. Taking this into consideration, 99% of traders WILL LOSE MONEY TRADING FOREX. They will consistantly throw their money away to the other 1%. This, along with the illusion of making millions overnight using some magic trading system from a cheep ebook, is what drives the Forex market and makes it an easy business for Forex brokers. The sooner you understand this the more money you can make.
Your probably asking yourself how?!?!?!?
The easiest way to do it is using a profitable expert advisor.

Benefits of Forex Expert Advisor Software

Trading using an automatic forex robot...
Basically An Expert Advisor is a smart "robot". Robots easily beat human beings at chess and they can definitely beat us at trading. An Expert Advisor robot will adjust itself to the market for you, placing trades under specific parameters, using the best strategies, avoiding the psychological fear, greed, lack of confidence and unpreventable inconsistency which characterizes most of us traders. An Expert Advisor sticks to a plan no matter what, it doesn't "feel" pressure from an ugly market, no matter how uncertain the market looks. It does not suffer from greed and will run 24 hours (nonstop) for you. There are many top ranking Expert Advisors for Metatrader 4 just waiting for you out there. You can download and install the Metatrader platform free at http://www.metaquotes.net

Fap Turbo Expert Advisor Analysis

92% Win Ratio; Extra Low Drawdown

The Fap Turbo Expert Advisor is a scalping EA that works for any currency pair. Based on a set of pre-programmed rules suited to the characteristics of the specific pair.

A few of the benefits using this specific scalping expert advisor are as following:
A. You will seriously minimize risk with strict downside rules. (sparing you wrong judgements made out of emotion).
B. Since the scalper usually seeks small gains, you usually see a high win ratio.
C. Take advantage of many brokers offering you high leverage (100:1) since the downside risks (AKA drawdowns) are lower with a scalper Expert Advisor.

Take a look at live proof of $250 Exploding Into $2000:

Fap Turbo LIVE results. (This is not a backtest or simulation).

Shark Expert Advisor Analysis

Shark EA can handle volatile markets with ease!

This is a low risk EA which risks approximately 2 percent of your equity per trade. It has an extremely low drawdown. For a human trader it´s impossible to watch several indicators, pivots, fibs along with support and resistance levels on multiple time-frames and make a correct trading decision within a split second. This Expert Advisor can. The eng game, is a high performance automated trading system that executes on average 2 trades a day with a win ratio of over 80%.
The Shark EA is back-tested to 1999 and since 2007, it has also been forward-tested on a "LIVE" account. I say this because you should never buy an expert advisor without looking at how it performs on live accounts.
Go check out the live account (over + 1000% since jan. 2007).

Forex Tracer Expert Advisor Analysis

Win ratio of 92%!

Forex Tracer Expert Advisor is a professional intra-day trading expert.
Trade Logic:
The Forex Tracer expert advisor uses high time-frames to see in which direction the market is going and lower time-frames to detect turning points. It's constantly looking for a trend therefore it can handle many different markets. Every trade is backed up by a fixed stop-loss. Each trade has a risk of between 2%-4% of total equity. You can adjust the risk percentage you decide to take as a % of your equity.
See How Forex Tracer Pulled over 10000$ + in less than 10 days!

Forex Global Trading Expert Advisor Analysis

Forex Global Trading is a company that has a numerous amount of high profit\high performance Expert Advisors each answering a specific demand.
Xtreme EA: A scalper Expert Advisor with a very high win rate. Since drawdowns are very low, profits accumulate quickly. It can hold this peformance in any market conditions: view results.
Zeus EA: Zeus EURUSD is a system that is based on pivot lines, when the close of the hourly bar is over the pivot line
Whether or not it should exit is governed by stop loss function & 2 different modes of reliable money management: view results.
Artemis EA: Artemis EURUSD is a takes 4 positions at the same time with stepped stop and profit levels. Entry is governed by the Demark indicator, a complex indicator that works off previous range of 4 hour bars: view results.
Get A Login Password to monitor and get a close look of the performance for yourself.

K.I.S.S. Forex Expert Advisor Analysis

This fully automated Expert Advisor makes a single trade each and every day at exactly the same time. It specialty and focus is on the GDP/USD.

Along with the EA itself you receive a private member's only forum which includes the updated "best configurations" for the EA (this is updated on a weekly basis).

Another bonus is a Step-by-Step Video teching you exactly how to use the Expert Advisor and perform your very own backtests.

Provided for you also is an MS Excel spreadsheet with past performance including an interactive money management calculator and an award winning money management system.

This Expert Advisor Averages +176 pips per month. No losing month for over one year.

It also average returns of 5-15% monthly

100% No Risk 58-day Money back Guarantee
WATCH K.I.S.S EXPERT ADVISOR IN ACTION

Pipboxer 2.0 Analysis - Breakout Expert Advisors

Gain 10-13% a month

Pipboxer develops Metatrader Expert Advisors for every major currency pair making them very unique in when compared to other Expert Advisor developers. For now they trade the AUDJPY,GBPUSD, EURUSD, GBPCHF,GBPJPY, USDCAD, EURJPY, USDJPY,USDCHF, NZDUSD, EURGBP, AUDUSD. PipBoxer is currently traded LIVE and these live statements are published on a regular basis. PipBoxer v.2.0 is already backed up by a year of live trading. This test was started on a real account in May of 2007. So far the results look good: % Gain: 137.80% Total Pips: +5,751 (view LIVE results). This Expert Advisor combines an indicator system with a breakout system verifying that the market is analyzed correctly. This risk management actually shields your account against margin calls and excessive losses. If your not convinced yet than view the LIVE forward tests (better than back-tests) + analysis of every EA and read reviews from non biased traders: Pipboxer Reports

You can also view thePipboxer trading system and the money gained here: Pipboxer LIVE Trading Report

PointBreak Expert Advisor Analysis

PointBreak EA is an expert advisor that does not try to go ahead and predict the trend direction, instead it goes with the trend.
PointBreak EA performanceso far:
Account Balance: $61,406.92; up from $20,000 on Oct 01, 2007 (Profit 242.23% since Oct 2007):
Download the LIVE Account Reports (real money in use).
The PointBreak Expert Advisor works like this:
Small trades are always added below and above your position, and this system is smart enough to use pyramiding, closing or hedging some of these positions depending on the direction of the market. You can set your own pace using Low\Medium or Aggressive settings. Trades are closed only when a net profit is reached and added to your overall balance. This is what makes this Expert Advisor really special.
For example, some trades will continue to be open even though they are in negative equity (drawdown) until the expected profitable price returns or continues the trend and starts making a profit (it adapts itself to the market):
Download LIVE Trading Account Reports

News Trading Forex Expert Advisors

Is news trading your preference? Maybe it is and you didn't even know it!
Forex Expert Advisors based on News Trading are a type of hedging Expert Advisors which set up two seperate and opposite positions and minimize the loss on one while maximizing profit in the other direction.
They take full advantage of the large price spikes that occur during news time.
Below you will find reviews of 2 separate news trading MetaTrader expert advisors:
1. SimpleNews Expert Advisor
2. Condor Expert Advisor

SimpleNEWS 2.0 Forex Expert Advisor Analysis

89-96% success rate

This is another news Expert Advisor except this one does not require any time settings at all. Actually, the chart time frame does not matter and neither does the currency pair. The only thing that matters is that a large price shift occurs as a result of the news and this Expert Advisor will catch the spike regardless of which direction it goes.

This is how it works: It opens two separate pending orders in two seperate directions. When a big move takes place one of your 2 pending orders will be filled and the other will be automatically canceled out. At that point your trade is open and going into profit.

Buy Now or Download Trial Version or Learn More About SimpleNews 2.0

Condor Expert Advisor Analysis

93% success rate on new releases!

The Condor Expert Advisor is a news based Ultra High Performance Advisor. It opens multiple (5) pending orders in opposite directions instead of only opening one.

Using this Expert Advisor you can take full advantage of those large spikes caused during news time. BreakEven, StopLoss, TakeProfit and TrailingStop are all comfortably adjustable.

While Expert Advisors's are disabled on the account you can set all the charts up. Each of the charts may accommodate its own custom individual settings. So if you want to have the Dollar with a 60 pip StopLoss and the Pound with a 10 pip StopLoss you can.

Each and every one of the settings are adjustable for every chart. As the news is about to be released with one click you can enable all of the charts and each one will open their preconfigured pending orders at the next tic.

Buy Now (Discount price) or Download Free Trial or Learn More about Condor 2.0

Forex Megadroid Expert Advisor

Forex Megadroid is one of the newest forex expert advisors to hit the market. This expert advisor was developed by two top guns in the forex trading market: Albert Perrie and John Grace. Together they have over 38 years of experience in the forex market. Their Expert Advisor uses RCTPA.

RCTPA stands for for "Reverse Correlated Time & Price Analysis". It predicts what is going to happen in the market within the next couple of hours, based on current and past market conditions. This system has a successful predictability rate of 95.82% since 2001.

The user-interface of the this expert advisor is intelligent and user-friendly. Its quick market adaptability makes it a highly versatile expert advisor especially in the current Forex market.

Buy Now Download Free Trial

Forex Autopilot Expert Advisor

Forex Autopilot expert advisor is developed by Markus Leary and the rest of his amazing team of Expert Advisor experts. They wrote this expert advisor based on years of experience. They use over 20 indicators provided by the software. Some of the indicators used are moving averages, strength or resistance indexes, Fractals, DeMarker, Alligator. They aren't willing to tell us about the rest for obvious reasons. This expert advisor can even be configured to include the Ultra-Trend indicators.

Forex Autopilot expert advisor shows a high level of profitability in its backtesting results, similar to FAP Turbo. This makes sense considering that Fap Turbo runs on the same engine as Forex Autopilot but is the next generation class of expert advisors with enhanced features.

Forex Autopilot is offering a discount of 75%. At its current price of $99.50, it is definitely worth it.

Forex Espionage Expert Advisor

Forex Espionage Expert Advisor performs better when using EURUSD & GPBUSD exclusively. So you can verify that yourself with a backtest.

Anyway I am going to put down the avg. results based on my experience.

It is able to generate a high percentage profit within one month using aggressive mode and min 10% lost risk.

It can achieve a low 80% winning rate in comparison with others but the gain is much higher.

It extracts as much as 1500 pips in 4 days from multiple currencies.

In the conservative mode settings it loses under 10 trades in one year. Downside is that the gain will be less.

From my experience it worked best on 30 min. & 4 hour timeframes while using swing trading strategies and not scalping - just in case your broker doesn't appreciate scalping ;).

You can expect to execute 1 trade on average per day throughout the week. There is quite a difference between the aggressive mode and the conservative mode.

Buy Now Download Free Trial

Forex Derivative Expert Advisor

Forex Derivative Expert Advisor. I would have to recommend not using this expert advisor for the time being as it seems that there were accusations of the backtests they provided not being legit. For those of you who want to test it themselves feel free by downloading it here.

Forex Gridbot Expert Advisor

Forex GridBot Expert Advisor benefits:

During the worst financial crisis last year Forex GridBot used an advanced correlation formula. This helped it's users survive the volatile forex market at the time. It also had an advanced money management system that helps those struggling to provide large equity survive in hard times. I myself have had good experience with this modest Expert Advisor that will give you an easy 7.5% monthly without any hassle.

Buy Now Download Free Trial

Forex Ambush 2.0

Forex Ambush seems to use a different approach.

They provide accurate signals using artificial intelligence.

These neural networks analyze the market and provide flexible trading

no matter what the market is.

I am still running a forward test on this one and haven't reached

any conclusions yet but it seems very interesting.

Download Now (60 Day Money Back)

Strategy Exchange Expert Advisor

Strategy Exchange Portfolio Option

Select the strategies

Strategy Exchange provides you with hundreds of futures and forex strategies to choose from, developed by leading system vendors. For easy orientation strategies are arranged according to categories using several parameters such as; traded market, vendor name, age of strategy and more.
You can use their rich selection of strategy performance analysis tools to help you choose the strategies that best fit your investment goals and needs.

Open a live account or use your existing one

In order to auto-trade strategies you will require an active account with one of their partner brokers.
If you don't have an account click on the link below to open an account with the broker of your choice.

Add strategies to your account

Strategy Exchange will run your selected strategies on the Strategy Runner server, which will execute your strategy signals automatically. All you need to do is add your strategies to the SR Platform. If you have an active account with one of their partner brokers not through SR, please ask your broker to supply you with the SR Platform).

Track strategies' performance in real time

Monitor your selected strategies' performance in real-time. You can also set daily risk control parameters for all strategies and most importantly, you can liquidate, stop or delete strategies from your portfolio at any moment; securing total control over strategies' functionality.

Click Here To Open A Profitable Portfolio Now

PipZu Expert Advisor

PipZu Expert advisor - Low Risk Trading

PipZu usually follows a core strategy that it usually uses. When the market changes more often it starts to analyze the data and alters the trading strategy in the midst of a hectic forex market condition. This is the the basic explanation as to why it makes only 1-2 trades a week. As a result its safest are absolutely safe and that's how they offer low risk trading.

It has one of the lowest drawdown percentages in the Expert Advisor market and helps drive your equity upwards instead of downwards. It trades slowly but safely.If you are looking for an especially active Forex Expert Advisor that trades daily or even hourly, this is not for you. On the other hand if you are more cautious, PipZu could be just what you are looking for.

Download Free Trial Now

Broker Nightmare

Broker Nightmare Review

is a brand new product that will revolutionize the market.

It truelly is your forex brokers greatest nightmare. It makes sure that they don't cheat you on your live accounts and protects your well earned money!

Broker Nightmare Review - by ExpertAdvisorMetatrade.com.

Broker Nightmare Review - by BrokerNightmareReview.com

Download Broker Nightmare Now

LMT Forex Formula Expert Advisor

LMT Forex Formula is a new Forex trading strategy strategy\formula\guide that just came out. I heard about from a friend. I am checking it out right now and will get back to you once I understand how it works and what my opinion is about it.

Custom Expert Advisor - MQL Coding

Maybe you have a killer idea how to make your own Expert Advisor but just don't know how to code it.
If you are such a person than speak with experts at developing Expert Advisors:
Visit the MQL custom coding page for more details.

How to install and use an Expert Advisor

Download and install MetaTrader 4 :

http://www.metaquotes.net/

Start using a demo trading account - it's completely free.

To automate MetaTrader 4, place your Expert Advisor file (.ex4 ending) in the "experts" folder while MetaTrader is not running:

C:\Program Files\MetaTrader 4\expertsStart MT4.

Now Drag and drop the icon of the EA to the chart you want to run it on. If you did everything right you will see a tiny smiling face at the top right hand corner of the chart with the name of the Expert Advisor program that you are running next to it.

Ejoy!