The three Free Trading Strategies from the Top 10 Robots App trade on the M15 timeframe and are designed for EUR/USD, XAU/USD (Gold), and BTC/USD (Bitcoin). Each robot employs a distinct trading strategy based on specific indicators such as Momentum, Moving Averages, and Bollinger Bands. They operate with a fixed lot size of 0.10 and apply different risk management settings tailored to each asset’s volatility.
Each robot applies a unique trading methodology:
- EUR/USD (Momentum & Volatility-Based Strategy)
- This free trading strategy identifies trading opportunities based on momentum indicators, using a combination of relative price strength and trend direction.
- It takes quick trades, with a moderate stop loss and take profit, making it suitable for short-term scalping and momentum-based trading.
- Key Input Parameters:
- Stop Loss: 91 pips
- Take Profit: 110 pips
- Indicators Used:
- Momentum (Period: 40, Level: 100) to determine strength in price movement.
- Bulls Power (Period: 34, Level: 0) identifies market buying pressure.
- Awesome Oscillator (Level: 0) confirms momentum shifts.
- Average True Range (ATR) (Period: 27, Level: 0.0032) assesses market volatility.
- XAU/USD (Trend & Oscillator-Based Strategy)
- Uses Moving Averages to determine trends and entry points.
- It has a high stop loss but no fixed take profit, using a trailing stop mechanism to capture long-running trends.
- Key Input Parameters:
- Stop Loss: 1230 pips
- Take Profit: 0 pips (Trailing or manual exit)
- Indicators Used:
- Moving Average of Oscillator (MACD) is used for trend confirmation and identifying momentum shifts.
- Fast EMA: 25
- Slow EMA: 32
- MACD SMA: 11
- Level: 0.0000
- Alligator (Trend-Following Indicator) detects strong market trends and determines optimal trade entries/exits.
- Jaws Period: 44, Shift: 22
- Teeth Period: 22, Shift: 10
- Lips Period: 10, Shift: 1
- Bears Power (Period: 42, Level: -14.9) measures bearish market pressure.
- Moving Average of Oscillator (MACD) is used for trend confirmation and identifying momentum shifts.
- BTC/USD (Bollinger Bands Volatility Strategy)
- Uses Bollinger Bands to identify breakouts or reversals.
- The large stop loss (31,488 pips) and take profit (87,322 pips) indicate that the EA aims to capture major price swings in Bitcoin’s volatile market.
- The strategy enters trades at extreme Bollinger Band deviations, expecting mean reversion or trend continuation.
- Key Input Parameters:
- Stop Loss: 31,488 pips
- Take Profit: 87,322 pips
- Indicators Used:
- Bollinger Bands to detect price breakouts and volatility shifts.
- Period: 43
- Deviation: 3.59
- Commodity Channel Index (CCI) helps identify overbought/oversold conditions, signaling potential reversals.
- Period: 6
- Level: 100
- ADX (Average Directional Index) determines trend strength and filters weak signals.
- Period: 43
- Level: 0.0
- Williams’ Percent Range (WPR) acts as an additional momentum oscillator to confirm entry and exit points.
- Bollinger Bands to detect price breakouts and volatility shifts.
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.
Disclaimer: These Free Trading Strategies are for educational purposes and are free to download. Get the 3 Free Trading Strategies From The Top 10 Robots App and test them on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.