My name is Sng, lives in Singapore and a Forex Trader. I have rated some popular Forex Trading Software that are profitable and easy to install. You can find the technical reviews on pages name after the Forex Software at the top of this website. For beginners that are new to Forex and Forex trading, you are encourage to read below links post for a Quick Start on Forex basic.
1) What is MT4, MQL4 and Forex Brokers?
2) What is Forex Trend, Momentum and Volatility Indicator?
3) What is this website about?
4) 5 Things you need to know about auto trading
5) What is Stop Loss, Take Profit and Pips?
6) We are at first page of Google Search!
7) What is scalping, trend, technical and fundamental trading?
8) What is unit trust, stock market and ROI?
9) What is Margin call, Leverage and Profit & Loss
10) What is Forex Trading Platform MetaTrader 4?
11) What is Forex Expert Advisor?
12) What is Automated Trading System?
13) Why choose MT4 for Forex Trading System?
14) How to choose MT4 MQL program for automated trading?
15) How to apply SMA to your Forex Trading
16) How to use Relative Strength Index in currency trading
17) How to use Bollinger Band in Currency Automated Trading
18) How to use Commodity Channel Index in forex trading
19) How to use Stochastic Oscillator in forex trading
20) 3 steps to FX trading
21 The 3 things you need to know to be successfully in forex trading
22 Simple Moving Average (SMA) – Simple yet powerfull indicator for MetaTrader4 (MT4)
23 Open, High, Low and close bar entry methods in MT4 programming
24 Reviewing Commodity Channel Index Technical indicator
Below are the list of broker that are popular with MT4 Trading software and have a good reputation in the market. I personally use ETX, Oanda and Alpari UK. All review include video presentation by the company and link to the company website for more information.
Simply register with the broker of your choice and Create a MT4 account to start trading.
a) Alpari UK Broker
b) FXCM Broker
c) OANDA Broker
d) IG Markets
There more in the market. Am not affiliate with any of them and no commissioned earn by me if you sign up with any of the forex broker above.
In order to get passive income from Forex Automated Trading, base on my experiences with Expert Advisor, you have to buy at least 3 or 4 software to run, this is for redundancy purpose, just in case any software strategy fails, you still have other program to fall back on.
For Advance trader whom already have MT4 account and are active trading, you can see my technical review on the Forex Automated Trading Program below.
i) FAP Turbo Review
ii) GPS Forex Review
iii) Forex Megadroid Review
iv) Leo Trader Pro Review
Once you setup the above EA program, you will need some time for the software to work and gain profit. Give yourself 3 months to 6 months to see positive results. Due to different time you enter the Forex Market, you may encounter the period where the Draw Down is beginning to reach Max. Do not panic. Just give it more time to breakeven and gain profit for your trading account.
There are also platform providing EA on their web base portal like www.zulutrade.com and www.etoro.com are also getting popular with their easy of use and simple chart summary.
Free eBook with 40+ Forex Strategies
Get your free Best Forex Ranking (BFR) Strategy Book (SB). Simply register your email into our post feedburner and you can download our free Strategy Book (SB) with 40+ strategies with clear rules, trading time frame, trading currency, stop loss and profit take. 100+ copies have been given away free.
Why you need to get this? First its free and second it contains Forex trading strategy which I have been using since when I started Forex trading. Why am sharing this? Cause I have already automated my Forex trading and getting passive income from it. And I wan you to be successful in Forex Trading also.
How to read the strategy in the free eBook. (Click on the picture for more details). All strategy comes with designated trading currency and the time frame to trade. Explicit buy and sell setup with indicators that comes with full setting. (Click on the picture for more details)
Attached is the screen shot of a easy to read 1 page strategy report. As you can see, all strategy comes with name, the currency to trade, the time frame to trade and the recommended trading hours. The buy portion comes will rules and take profit and stop loss. Similar to the sell trades which also comes with explicit clear trading rules.
Attached the screen shot of the table of contents with all the 40+ strategy names listed for easy reference. All strategy follows the similar format above and are design in a way easy to read, understand and apply to your Forex trading. (Click on screen for more details)
Related posts on Best Forex Ranking Strateg Book
Get your free copy now by simply subscribe to my email post feedburner and you also get free email post feed from here. Sign up now for free and start your trading success right here.
If you benefit from the Strategy Book, please share with your friends my website. Ask them to subscribe to my email feed and download this eBook to benefit their trading experience and increase their trading advantage.
Forex Trading Books you should get your hands on
You
can view my selected collection of Forex Trading Books that you should
read which I hand picked from amazon.com with editorials comments and
book description. Aurthor like Brian Dolan, Ed Ponsi, Wayne McDonell, Greg Michalowski, Kathy Lien, etc whom have many many years of experience in Forex Trading.
Click on the read comments to see more amazon customer
reviews after each section. Read them at http://www.bestforexranking.com/p/forex-books.html
Best Forex Ranking Cook Book
If you find it interesting to pursue automated trading, please purchase my Best Forex Ranking (BFR) Cook Book (CB). This contains all the program codes in MQL4 which can be edited and customised to suit your trading style. And also a lot of strategy which is not found in this eBook. All these codes are gather from many years of my own Forex trading experiences since 2007.
(FREE to Download) Best Forex Ranking Strategy Book (BFR SB) contains 40+ strategies setup
Best Forex Ranking Cook Book (BFR CB) contains 200+ MQL4 raw codes which you can edit and compile (including BFR SB 40+ strategies).
All codes are fully editable and compiled in MetaEditor into fully functional EA for your trading account. All the *.mq4 comes with Live, Demo and Strategy tester switch setting, minimum account setting, Bid-Ask Spread checking, Open trades resume after program crush or hang, set able expiry EA date and many more features. This is like having your own FAP turbo or Million Dollar PIPS.
Fully editable *.mq4 files that compile successfully with no errors
(3MB zip file with 200+ EA codes. Refer to PDF file included for List of EA details)
Fully editable *.mq4 files that compile successfully with no errors
(3MB zip file with 200+ EA codes. Refer to PDF file included for List of EA details)
Features
- All codes are mql4 format. (not ex4 executable program)
- Fully edit and modify using editor.
- Ready to compile and run in MT4 strategy tester.
- Refine the rules and achieve higher Profit factor for any strategy.
- No more headache to write your own codes.
- No more spending hours trying to debug program.
- Instead you can send more time fine-tuning your Forex Strategy.
- All indicator already coded for easy re-use and re-setting values
- No other hidden cost. Just 1 time payment and you will get all the mql4 codes.
- Simply copy and paste your strategy indicator into the working codes. Save you plenty of time!
Related post of the MT4 testing results from the EA in my BFR Cook Book.
- Revisiting Efriday3 USDCHF H1 from 10k to $36k .. http://www.bestforexranking.com/2015/06/revisiting-efriday3-usdchf-h1-from-10k.html
- Revisiting GBPUSD H1 Medianold2 - from 10k to $164k with profit factor 1.42 http://www.bestforexranking.com/2015/06/revisiting-gbpusd-h1-medianold2-from.html
- Revisiting Band6 USDJPY M5 from 10k to 23k with profit factor 1.27 ... http://www.bestforexranking.com/2015/05/revisiting-band6-usdjpy-m5-from-10k-to.html
- Revisiting band3 USDCHF M5 from 10k to $46k http://www.bestforexranking.com/2015/04/revisiting-band3-usdchf-m5-from-10k-to.html
- Revisiting EA Mediam_old12 EURJPY from 10k start to $1.3million http://www.bestforexranking.com/2015/04/revisiting-ea-mediamold12-eurjpy-from.html
- Revisiting Micro Trade 3 USDCHF M5 from 10k to 46k with Profit factor 1.6
http://www.bestforexranking.com/2015/04/revisiting-micro-trade-3-usdchf-m5-from.html
- Revisiting banda EURJPY - 10k grow to $30k http://www.bestforexranking.com/2015/03/revisiting-banda-eurjpy-10k-grow-to-30k.html
- Revisiting MACFfast1b GBPUSD H4 from 10k to 83k... http://www.bestforexranking.com/2015/03/revisiting-macffast1b-gbpusd-h4-from.html
- Revisiting koba1b GBPUSD M5 from 10k to 98k... http://www.bestforexranking.com/2015/03/revisiting-koba1b-gbpusd-m5-from-10k-to.html
- Revisiting Mediam old2 USDCHF H1 $10k to $47k . http://www.bestforexranking.com/2015/03/revisiting-mediam-old2-usdchf-h1-10k-to.html
- Revisiting MicroTrade2 EURUSD M5 from 10k to $412k ... http://www.bestforexranking.com/2015/02/revisiting-microtrade2-eurusd-m5-from.html
- Revisiting Mediam_old6 EURUD M15 from 10k to 39k. http://www.bestforexranking.com/2015/02/revisiting-mediamold6-eurud-m15-from.html
- Revisiting King4b EURUSD from 10k to 90k..http://www.bestforexranking.com/2015/02/revisiting-king4b-eurusd-from-10k-to-90k.html
- Review of band5 EURUSD M5 trading from 10k to $25k ... http://www.bestforexranking.com/2015/02/review-of-band5-eurusd-m5-trading-from.html
- Revisiting threeEMA3 EURCHF 15M - start from 10k grow to $4.1million +
http://www.bestforexranking.com/2015/01/revisiting-threeema3-eurchf-15m-start.html
- Revisiting mediam old1 - $10k to $36k with profit factor 1.78 EURGBP H1 http://www.bestforexranking.com/2015/01/revisiting-mediam-old1-10k-to-36k-with.html
- Revisiting EA EURCHF M15 Mediam-old7a grow from 10k to 30k http://www.bestforexranking.com/2015/01/revisiting-ea-eurchf-m15-mediam-old7a.html
- Revisiting Draw 16 EURGBP from 10k to $1.1million http://www.bestforexranking.com/2015/01/revisiting-draw-16-eurgbp-from-10k-to.html
- Revisiting EA Median_old5 grow from 10k to 800k+ http://www.bestforexranking.com/2015/01/revisiting-ea-medianold5-grow-from-10k.html
- Review of EA King3a EURCHF 1M chart from 10k to $50k+ http://www.bestforexranking.com/2014/12/review-of-ea-king3a-eurchf-1m-chart.html
- Revisiting draw 11 EURGBP M5 - $10k to $22k with profit factor 1.69 http://www.bestforexranking.com/2014/12/revisiting-draw-11-eurgbp-m5-10k-to-22k.html
- Revisiting Mediam_old2 EURUSE from 10k to 53k... http://www.bestforexranking.com/2014/12/revisiting-mediamold2-euruse-from-10k.html
- Revisiting breakout2 EURGBP with 3.80 profit factor ... http://www.bestforexranking.com/2014/11/revisiting-breakout2-eurgbp-with-380.html
- Revisiting EMA2 EURCHF H4 from 10k to 69k ... http://www.bestforexranking.com/2014/11/revisiting-ema2-eurchf-h4-from-10k-to.html
- Revisiting MACD-diver5 profit from 10k to $40k + http://www.bestforexranking.com/2014/11/revisiting-macd-diver5-profit-from-10k.html
- Revisiting Band8 with $1k startup max lot 30 ending with $4.5millions http://www.bestforexranking.com/2014/11/revisiting-band8-with-1k-startup-max.html
- Revisiting koba2 EURUSD H1 from 10k to 48k... http://www.bestforexranking.com/2014/11/revisiting-koba2-eurusd-h1-from-10k-to.html
- Revisiting King7 - EURCHF starting from 10k grow to 60k+ http://www.bestforexranking.com/2014/11/revisiting-king7-eurchf-starting-from.html
- Revisiting EA e-friday3 EURUSD H4 timeframe from 10k to $32k... more then double http://www.bestforexranking.com/2014/11/revisiting-ea-e-friday3-eurusd-h4.html
- Simple Moving Average (SMA) – Modified programming for MetaTrader4 (MT4) http://www.bestforexranking.com/2014/11/simple-moving-average-sma-modified.html
- Revisiting Draw15 EURUSD H4 from 10k to 46k... http://www.bestforexranking.com/2014/10/revisiting-draw15-eurusd-h4-from-10k-to.html
- Revisiting Profitsys1 using $1000 startup max lot 30 with 5 pips spread... result in $11m http://www.bestforexranking.com/2014/10/revisiting-profitsys1-using-1000.html
- Revisiting simulation of EA MicroMinute 1 ... starting $1,000 grow to $2.1million
http://www.bestforexranking.com/2014/09/revisiting-simulation-of-ea-microminute.html
- Review Draw6 with $100 startup that grow to $2million++ http://www.bestforexranking.com/2014/09/review-draw6-with-100-startup-that-grow.html
- Top 10 Most profitable Expert Advisor from Bestforexranking Cook Book... http://www.bestforexranking.com/2013/12/top-10-most-profitable-expert-advisor.html
- Profit Factor 20.66 $349k 96% profit trade...http://www.bestforexranking.com/2013/11/profit-factor-2066-349k-96-profit-trade.html
- Automated profit Forex trading $729k from 10k using EURJPY M1 Draw8.mql http://www.bestforexranking.com/2013/11/automated-profit-forex-trading-729k.html
- Amazing Profit Forex Trading from $10k to $709k with 13.68 profit factor http://www.bestforexranking.com/2013/10/amazing-profit-forex-trading-from-10k.html
- Exploding profit $418k from 10k startup EA band8 http://www.bestforexranking.com/2013/10/exploding-profit-418k-from-10k-startup.html
- Profit $300k with profit factor 2.21 using Banda M5 EURJPY www.bestforexranking.com/2013/09/profit-300k-with-profit-factor-221.html
- High Profit factor 5.27 with automated forex trading eg trade M5 EURJPY Draw12 http://www.bestforexranking.com/2013/09/high-profit-factor-527-with-automated.html
- Forex Robot Automated profit 160k Draw 16 using EURGBP http://www.bestforexranking.com/2013/09/forex-robot-automated-profit-160k-draw.html
- Automated EURGBP H4 Draw20 EA Profit 88k from 10k starting account http://www.bestforexranking.com/2013/08/automated-eurgbp-h4-draw20-ea-profit.html
- Automated Expert Advisor gaining pips $101k with expected payoff 196.32 http://www.bestforexranking.com/2013/08/automated-expert-advisor-gaining-pips.html
- Proft factor 1.62 with 166k profit from 10k starting account king5 EURCHF M15 http://www.bestforexranking.com/2013/07/proft-factor-162-with-166k-profit-from.html
- Profit 106k from 10k using koba1b GBPUSD M5 http://www.bestforexranking.com/2013/07/profit-106k-from-10k-using-koba1b.html
- Profit factor of 1.5 using koba3 EURUSD H4 timeframe http://www.bestforexranking.com/2013/06/profit-factor-of-15-using-koba3-eurusd.html
- Growth from 10k to 338k - 10day3 using EURJPY H1 timeframe http://www.bestforexranking.com/2013/06/growth-from-10k-to-338k-10day3-using.html
- 86k gross profit from Fapturbo4 USDCHF H1 with profit factor 2.23 http://www.bestforexranking.com/2013/05/86k-gross-profit-from-fapturbo4-usdchf.html
- 2.16 Profit factor from starting 10k EA using Ababy2 - USDCHF/H1 http://www.bestforexranking.com/2013/05/216-profit-factor-from-starting-10k-ea.html
- Exploding 1.78 million dollars from 10k starting account with 5566 trades and profit factor 2.50 http://www.bestforexranking.com/2013/04/exploding-178-million-dollars-from-10k.html
- $511k from $10k 5874 trades using ProfitSys1.mql from BFRCB running USDCHF M1 time frame http://www.bestforexranking.com/2013/04/511k-from-10k-5874-trades-using.html
- More work need to be done to refine this EA which grow from 10k to 227k http://www.bestforexranking.com/2013/04/more-work-need-to-be-done-to-refine.html
- Using EURCHF with profit factor of 6.12 and profit $270k ... http://www.bestforexranking.com/2013/03/using-eurchf-with-profit-factor-of-612.html
- 1.9 million exploded from $10k starting account using EURCHF with profit target 5.79 and zero drawdown http://www.bestforexranking.com/2013/02/19-million-exploded-from-10k-starting.html
- $388k from starting $10k USDCHF M5 chart using BFRCB http://www.bestforexranking.com/2013/02/388k-from-starting-10k-usdchf-m5-chart.html
- Exploding 112k Profit from 10k using MT4 EA MicroMinute2.mql using USDCHF M5 time frame http://www.bestforexranking.com/2013/01/exploding-112k-profit-from-10k-using.html
- Profit 81k from 10k using Microminute4 EURJPY H4 with profit factor 3.10
http://www.bestforexranking.com/2013/01/profit-81k-from-10k-using-microminute4.html
- Need refinement for MACDfast1a1 - profit factor 1.6 with profit 29k http://www.bestforexranking.com/2012/12/need-refinement-for-macdfast1a1-profit.html
- 2.23 profit factor. 0 drawdown. 136.66 expected payoff using EURJPY H4 time frame http://www.bestforexranking.com/2012/12/223-profit-factor-0-drawdown-13666.html
- $1.1million growth from 10k trading account MT4 EA from Bestforexranking.com Cook Book http://www.bestforexranking.com/2012/12/11million-growth-from-10k-trading.html
- MTF1 profit factor 2.2 and experted payoff 138 for EURUSD H1 timeframe http://www.bestforexranking.com/2012/11/mtf1-profit-factor-22-and-experted.html
- Profit Factor 1.74 with starting 10k growth to 204k using MT4 EA expert advisor Band5.mql
http://www.bestforexranking.com/2012/11/profit-factor-174-with-starting-10k.html
- USDCHF M5 profit 124k from 10k starting capital Forex MT4 Automated Trading http://www.bestforexranking.com/2012/10/usdchf-m5-profit-124k-from-10k-starting.html
- Profit Factor 3.2 Profit 684k grow from 10k Starting Capital - Draw7 - EURGBP - Minute 1 Forex Trading http://www.bestforexranking.com/2012/10/profit-factor-32-profit-684k-grow-from.html
- Exploded profit $2million from 10k using MT4 EA Profit Factor 27.12 forex trading - Draw6 - EURUSD - 1 minute chart http://www.bestforexranking.com/2012/09/exploded-profit-2million-from-10k-using.html
- 10k to 87k for EURUSD via MT4 EA Fapturbo2 gain passive income via Forex Trading http://www.bestforexranking.com/2012/09/10k-to-87k-for-eurusd-via-mt4-ea.html
- Microtrade 3 - USDCHF - M5 - 10k to 59k MT4 EA from Bestforexranking Strategy Book http://www.bestforexranking.com/2012/08/microtrade-3-usdchf-m5-10k-to-59k-mt4.html
- MT4 EA - Microtrade 2 EURUSD M5 - from 10K to 77k with 89.99% model quality http://www.bestforexranking.com/2012/08/mt4-ea-microtrade-2-eurusd-m5-from-10k.html
- Modelling quality 89% profit 102k from starting capital 10k MT4 EA EMA3 EURCHF M15 charting http://www.bestforexranking.com/2012/07/modelling-quality-89-profit-102k-from.html
- Profit 727K from 100K MT4 EA Trendline9 EURUSD Hour 1 charting http://www.bestforexranking.com/2012/07/profit-727k-from-100k-mt4-ea-trendline9.html
- Exploding profit 991k from starting capital 100k with Profit factor 7.80 for Oneminute2 USDCHF M1 http://www.bestforexranking.com/2012/07/exploding-profit-991k-from-starting.html
- Profit 227k for turtle4 - EURUSD/H4 - starting 10k capital and profit factor of 3.92 http://www.bestforexranking.com/2012/07/profit-227k-for-turtle4-eurusdh4.html
- EURCHF H4 - MACD diver5 profit factor 7.36 http://www.bestforexranking.com/2012/07/eurchf-h4-macd-diver5-profit-factor-736.html
- Profit Factor of 13.65 for EURCHF Minute 5 on ParADx5 from 10k to 150k profit http://www.bestforexranking.com/2012/06/profit-factor-of-1365-for-eurchf-minute.html
- ParADX2 - EURUSD Minute5 chart - Profit factor 1.80 Growth from 10k to 60k account http://www.bestforexranking.com/2012/06/paradx2-eurusd-minute5-chart-profit.html
- USDCHF/M1 - Draw5.mql - exploded from $10k to $312k with profit factor 3.88 with 2617 trades http://www.bestforexranking.com/2012/06/usdchfm1-draw5mql-exploded-from-10k-to.html
- Draw4 - GBPUSD Minute 1 Chart with Profit Factor 3.57 and maximal drawdown 0.85% profit from $10k to $209k with 1759 trades executed http://www.bestforexranking.com/2012/06/draw4-gbpusd-minute-1-chart-with-profit.html
- Draw3 - USDJPY MINUTE 1 - Profit factor 2.2 exploded to 53K from a starting 10K account http://www.bestforexranking.com/2012/05/draw3-usdjpy-minute-1-profit-factor-22.html
- One more TDif1 using USDCHF/H1 initial $10k growth to $122k !!! http://www.bestforexranking.com/2012/05/one-more-tdif1-using-usdchfh1-initial.html
- Another TDif1 using USDJPY/H4 initial $10k growth to $71k !!! http://www.bestforexranking.com/2012/05/another-tdif1-using-usdjpyh4-initial.html
- TDif1 - EURCHF/H4 - Profit Factor 1.82, Maximum Drawdown 1.93% Total trade 1431 http://www.bestforexranking.com/2012/05/tdif1-eurchfh4-profit-factor-182.html
- EURCHF/H1 using King5d.mql from my BFR Cook Book Result posted http://www.bestforexranking.com/2012/05/eurchfh1-using-king5dmql-from-my-bfr.html
- King5d.mql using GBPUSD/H1 from My Best Forex Ranking Cook Bookhttp://www.bestforexranking.com/2012/05/king5dmql-using-gbpusdh1-from-my-best.html
- 14EMA_SAR2 - using EURUSD/H4 from the BFR Cook Book results published! http://www.bestforexranking.com/2012/04/14emasar2-using-eurusdh4-from-bfr-cook.html
- BFR Cook Book Zip file MQL4 codes - e-Friday.mql results (USDCHF/H1) http://www.bestforexranking.com/2012/04/bfr-cook-book-zip-file-mql4-codes-e.html
Attached screen shot (click to see details).
A compilation of my Forex Expert Advisor since 2007 to 2012. Below are some mql4 program that are included which I just screen capture it.
A compilation of my Forex Expert Advisor since 2007 to 2012. Below are some mql4 program that are included which I just screen capture it.
This is like having your own GPS Forex Robot or Forex Megadroid. Which you can customised to your trading strategy. Run it on multiple account, no expiry time limit and do not need to rely on any subscription monthly program.
Fully editable *.mq4 file. 200+ EA codes. Only USD $79.
Click on Buy Now to get your copy instantly.
Click on Buy Now to get your copy instantly.