Top 10 Most profitable Expert Advisor from Bestforexranking Cook Book...


Number 1 ($2 million)
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


Number 2 ($1.9 million)
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



Number 3 ($1.78 million)
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


Number 4 ($1.1 million)
$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


Number 5 ($0.991 million)
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


Number 6 ($0.729 million)
Automated profit Forex trading $729k from 10k using EURJPY M1 Draw8.mql
http://www.bestforexranking.com/2013/11/automated-profit-forex-trading-729k.html 



Number 7 ($0.727 million)
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 


Number 8 ($0.709 million)
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


Number 9 ($0.684 million)
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


Number 10 ($0.511 million)
$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




The 3 things you need to know to be successfully in forex trading


After trading for few years in forex, attending many courses, get to know many people and many trading strategies. There are lots of trading strategy that earn profit consistently and there are many which does not. The only things which I found to enable you to be successful are 3 which I list down below

Maximum drawdown

This is an important key indicator of any trading results and have to be treated with top priority when choosing strategy to run on your MT4 EA platform. Any EA can have huge profit but is the losses that makes people scare and blown out thousand dollars trading account. If you set the maximum drawdown correctly, calculate it accordingly to your account margin with lots of buffer, you will achieve trading success consistently for years to come. Usually mine is 100% to 50% of the available margin.

How To Install Expert Advisor Onto MT4 FX Trading - article from pubarticles.com


Metatrader 4 or popularly called MT4 are usedwidely in Forex Trading world wide with Major Forex Broker support this tradingplatform. Names like FXCM, Alapri, MIG FX, Forex.com, InterBankFX, etc

Forex Over Drive, Forex Robot, Forex AutopilotMT4 is a standalone installation trading platform forindividual Forex trader. Anyone can open a trading account with the Forexbroker, download the trading program and install onto the PC. Setup and configurethe broker server and login to your trading account to begin trading. One ofthe key features of this trading platform is programming capabilities, besideable to do charting, store historical price data and execute trades.
 
 Expert Advisor
 
 The core programming language is MQL4 or Metaquotes language4 is a C program look a like programming language. Its comes with programfunction structure, variable declaration, operands, conditional checks, callingof technical indicator, time date function, math operations and other features.All files end with MQL format and are editable using the editor that comes withthe trading platform. These are commonly call expert advisor and are used torun on MT4 trading account.
 
 Create EA
 
 Before you start, you have to code your trading strategyinto programming codes MQL and compile with no error. Or you can purchase thirdparty codes and use it to run on your trading account. You need to decide thetime frame and open the currency chart of your choice after you login to yourForex trading account.

 

Profit Factor 20.66 $349k 96% profit trade...


This Expert Advisor is from my Cook Book. If you are interested in getting this EA and many other 200+ EA, please purchase it USD$79 here.

Forex Automation has come a long way and this is just one of my many 200+ EA call the (BFR CB) Best Forex Ranking Cook Book, you can find out more about this and how to start in the trading journey start (click on here) here.

I did a simulator run with the MT4 Strategy Tester for all date and time. 

Draw10.mql
M5 Time Frame 
EURJPY Currency

(Click on image to see detail). 





Summary of results

Bars in test    908966
Ticks modelled    58818587
Modelling quality    n/a
Mismatched charts errors    156
Initial deposit    100000.00
Total net profit    349888.39
Gross profit    367687.89
Gross loss    -17799.50
Profit factor    20.66
Expected payoff    316.64
Absolute drawdown    0.00
Maximal drawdown    2121.57 (0.47%)
Relative drawdown    1.17% (1667.43)
Total trades    1105

What makes a winning currency trading strategy - article from selfgrowth.com

The most important element in every aspect of business or investment is to have a winning strategy. This applies to Forex trading. Beside money management and margin calculation, the main part of success comes from having a winning strategy.

What is winning

Winning is not about how much you earn or how fast you earn. Not only able winning how much verse losses how much and also not only about how fast you can get back your investment or return of your investment. Winning is all of that and above all, is a set of rules that you can apply and consistent obtain that winning results you wanted. The key word in all of these win, low, ROI, etc is consistency.

Consistency

You can win 10 times your invested capital or 20 times multiple your trading account initial deposit. But without consistency, all this will disappear very fast. You can win 10 consecutive trades with thousand of pits, but just 1 lost may wipe out all your earnings. You can earn back your capital plus interested within 1 month but may loss all within a day. The factor that contributes most importantly is consistency winning.




Continuous Profit

Automated profit Forex trading $729k from 10k using EURJPY M1 Draw8.mql


This Expert Advisor is from my Cook Book. If you are interested in getting this EA and many other 200+ EA, please purchase it USD$79 here.

Forex Automation has come a long way and this is just one of my many 200+ EA call the (BFR CB) Best Forex Ranking Cook Book, you can find out more about this and how to start in the trading journey start (click on here) here.

I did a simulator run with the MT4 Strategy Tester for all date and time. 

Draw8.mql
M1 Time Frame 
EURJPY Currency

(Click on image to see detail). 





Summary of results

Initial deposit    10000.00
Total net profit    650623.22
Gross profit    729642.97
Gross loss    -79019.75
Profit factor    9.23
Expected payoff    229.58
Absolute drawdown    0.00
Maximal drawdown    1754.15 (0.81%)
Relative drawdown    3.79% (1603.44)
Total trades    2834

How to use High Low Open and Close price in auto currency trading. - article from ezinemark.com


Bar Chart (Candle stick)

This is actually commonly refer to candle stick in the trading community. Invented by a Japanese rice trading in the 18th century. Every bar consists of a body and with upper and lower wick. The body can be of any 2 colours which will depend on the open and close price. The upper wick will extend to the highest price and lower wick will extend to the lowest price. By simply looking at the bar or candle stick, you can tell if the trend is rising or dropping.

Buy Trade

If you find close price higher then open price, this indicate a trend to go higher. If you find a long upper wick and a short lower wick, this indicates a lot of support to go higher. Look into smaller timeframe to see the smaller bars to see if the price is trending up. If the above 3 stand true, you will have a buy trade.

Sell Trade

Top Forex Automated Trading Expert Advisor (EA)


Forex EAROI (Monthly)Profit FactorMax Draw DownS3 ScoresStar RatingAlexa.com
FAP Turbo207%31.770.32%280 points5 starsRank 31,123
GPS Forex Robot28%3.935.68%260 points4 starsRank 283,290
Forex MegaDroid19.8%NANA250 points4 starsRank 72,310
Leo Trader Pro32%2.855.84%250 points4 starsRank 213,570
Forex BulletProof11%1.3219%250 points4 starsRank 309,467
Million Dollar Pips925%2.132.58%240 points4 starsRank 75,635
Forex Growth Bot148%1.669.05%190 points3 starsRank 214,229
Forex Over Drive5.8%NA21%190 points3 starsRank 453,393

Fully editable *.mq4 files that compile successfully with no errors (3MB zip file with 200+ EA codes. Including 40+ strategies from the Strategy Book. You can download the Free Strategy Book by joining my email newsletter on the right side of this website. Click "Buy Now" to make payment and instant down the Best Forex Ranking Cook Book at USD $79 (One time payment only) Click here for more info

Please inform me if unable to purchase or download (send to sngerge@gmail.com)