(Newswire.net — November 19, 2021) —
AUD/USD is the fourth most traded currency pair and the most important currency that isn’t a part of one of the six currencies that make up the U.S. dollar index. After becoming a free-floating currency in 1983 and is said to be trader friendly due to factors related to geology, geography, and government policy. Price action for this pair is influenced by the price of Australia’s natural resources. In particular, the price of gold is known to correlate closely with AUD/USD.
While most of the EAs we see in the market trade with more popular currency pairs such as EUR/USD or EUR/GBP, there are some useful forex robots that trade the AUD/USD trading pair. We’ve decided to compile a list of the best forex trading robots in this category.
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FXDiverse
FXDiverse is a grid trading forex robot that allows traders to trade almost 28 trading pairs including AUD/USD. It allows traders to input their desired profit level before they begin the session. It has been designed in such a way that anyone can reap the benefits if they just set up the EA, providing settings for both beginners and professional traders. From the third-party trading records we get from FXDiverse, we see that the account has gained almost 1615%.
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XFXea
XFXea is a trend trading forex robot that trades on AUD/USD and EUR/USD currency pairs. It does not use martingale but is aimed at bringing gains no matter what the market situation is. It enters a trade by evaluating a certain number of bars and forms and important ranges. It determines how and when to start trading based on this range. According to the live statistics provided by XFXea, it has gained 2523.53% in the real account it has provided us.
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Forex In-Control
Forex In-Control is a MT4 and MT5 compatible forex robot that trades the AUR/USD and EUR/GBP currency pairs. It employs the grid strategy and comes with useful features such as accelerators, control drawdown, and diversify risks. The EA applies a technology that automatically sets stop loss for all orders on such a price that will not let traders lose a dollar more than what they have inputted in the settings of the EA.
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IM Trader EA
IM Trader EA is a forex robot created in March 2020 by the Greek developer Georgios Vergakis that trades the AUD/USD trading pair. The EA works extremely well during the London session with an algorithm which is pretty solid and immune to false signals at the moment. The EA is capable of working on an ECN account of any reliable broker. The price of IM Trader EA is $330 for one month of use, and $700 for 3 months of use, as it is currently not for sale to MQL market users. The developer is still updating the EA so that it is capable of tackling any market situation in the coming years.
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FXStabilizer Ultimate
FXStabilizer is a trend trading forex robot that trades six currency pairs including AUD/USD. EUR/USD and AUD/USD are the main pairs which have 2 modes: Durable and Turbo, while the other 4 currency pairs (EUR/JPY, USD/JPY, USD/CAD, CHF/JPY) do not have a trade mode switch. With a purchase of $539.00, traders get 1 unlimited license of the EA for MT4 account, technical support and instruction manuals.
Conclusion
There are a handful of reliable forex robots that trade the AUD/USD currency pair, with the best ones mentioned above. Many traders prefer this pair because of the reliability of the Australian government policies, as well as its relation to gold. Traders must always make sure that they are getting forex robots from a reliable source. Otherwise, their entire minimum deposit would be ruined if they choose the wrong EA provider.