After finding some moderate success with a number of different forex expert advisors (EAs)
, I've made it a point to test each new program as it hits the market. This is a review of what could likely be called the best forex EA ever.
The best forex EA ever to this point is FAP Turbo, particularly because of how it differs from the vast majority of programs out there. This EA was designed to trade more conservatively than other programs which gives it a major leg up against its peers and competitors which require you to check in on them from time to time to ensure that they haven't traded too aggressively which has happened to me with a variety of faulty programs in the past. Thankfully it seems that the publishers behind FAP Turbo kept this in mind and accounted for this when designing their system.
As I briefly touched on, FAP Turbo is designed to only target calmer trends and only invests in a trend when it is sure that it will make money from that trade. By enforcing these strictest regulations, it only trades when a trend meets those requirements. As such its day to day trading schedule will fluctuate greatly; it all depends on the state of the market and the number of trading ops.
How it specifically works is first by analyzing market data looking for the most profitable but lowest risk trading ops out there. Once it's found a reliable trend, it invests accordingly, then follows that investment in relation to the market to ensure that it is constantly earning you money. Once the market inevitably fluctuates out of your favor, it trades the now bad investment away. All of this is done completely independently of you with no knowledge or experience required and the ultimate goal is to both find reliable trading ops as well as keep you on the winning sides of those ops as often as possible.