TOP FOREX TRADING ROBOT

FREE MARKETING TOOLS

2009-09-09T19:04:00.000-07:00

I have found this very helpful.....why not try it.

What Is Forex Megadroid?

2009-04-17T03:15:00.000-07:00

Forex megadroid system is a robot based on artificial intelligence and it is claimed to be an expert advisor robot that requires hardly few minutes per week to make high pips or high profits. Some experts that say that Forex megadroid is simplest of all systems in the market. Well, perhaps the videos will explain better.

According to the developers, this robot is the culmination of several months of intensive research, testing and development. It’s objective is to provide a true solution for people who want to trade the Forex market with no human intervention, i.e. using software to automate the task.

The robot boasts of accuracy: 95.82% winners since 2001. Forex MegaDroid has been designed with the users who have absolutely no knowledge of Forex trading in mind. A simple “Plug & Play” concept. Once you know how tpo download a file, and read simple instructions in english, you are more than capable to use the system.
In my opinion, this is one of the great products to be launched in the forex trading community.
I suggest you dont try it out and see if these claims can be proved wrong...which I very much doubt.
I would highly recommend you Forex MegaDroid.

Cheers

A Forex Robot Based on Artificial Intelligence

2009-04-17T02:55:00.000-07:00

This is another robot that is making its rounds in the forex market. My research shows it is worth trying out, if you are interested in automated forex trading.
Technology makes things easier.
Good luck.

Compare Top Ranked Forex Robots (Metatrader Expert Advisors)

2009-04-07T03:06:00.000-07:00
Today I like to give you a quick comparison of the top ranked forex robots available. You can make a choice of which ones(s) suits you.

#1. FAPTurbo Forex Robot

This is the Lowest Cost Highest Profit EA on the Market!
Tired of losing money in the forex market? On average 90% of all forex traders lose money in the forex markets, giving all their money to the 10% who use profitable forex trading systems like Expert Advisors. "Forex Auto Pilot Turbo" or FAPTURBO is one of the few EAs that meet the very important back testing, forward live trading, money management, and low draw down criteria.

#2. FAPWinner

Four reasons why this robot is popular
a. This system provides great settings & Strategies for FAPTURBO, FAPS & Golden Grid.
b.Automatically tells you when to increase or decrease your trade size.
c.Gives you a daily trading plan to make and keep you a FAP winner.
d.Gives you a realistic and workable plan to make $1,000,000.00 in less than two years!

#3. Forex Megadroid

This robot indisputably proves a robot can trade with 95.82% Accuracy In Every Single Market Condition. Advanced Artificial Intelligence Extreme Performance, Extreme Accuracy, Unheard Of Consistency, A New Artificial Intelligence Frontier Has Been Established.

#4.
Metatrader Expert it is fully automated forex trading system. Metatrader expert advisor based on FOREX trading strategy and can trade automatically without your involvement. Featured metatrader expert advisors categories:
forex scalping strategies Forex Scalping Experts
forex neural strategies Neural Network Experts
forex scalping strategies Forex Grid Experts
forex scalping strategies Forex Hedge Experts
forex scalping strategies Pattern Trading Experts
forex scalping strategies Swing Trading Experts

#5.The Forex Terminator

More reviews to come...stay tuned.

Money Management With Fapturbo

2009-04-05T07:40:00.000-07:00
Hi friends,
Hope you are having a nice time with the Fapturbo robot. Some folks have asked how to make appropriate risk settings in the robot. We all know that NO expert or robot can always have ALL winning trades. But there are ways to do effective money management so that in the long run you always remain in profit.
There is an in-built money management function that lets you set the amount of your trading portfolio you want to expose to risk. This function is called Lot_Risk_Reductor (LRR). This function automatically calculates how much lot size to open per trade based on the setting you give it. And in the case when things go wrong i.e hitting the stop-loss as may happen once in a while), it protects your account from getting huge losses. This has to be clear on your mind before you launch live trading.
The forum has been very helpful in providing answers which are of great help.
Here are some 'balanced' LRR settings that show how much potential loss your account can sustain in the worst case scenarios, per open trade, for these two currency pairs using the scalper strategy:

To lose roughly 25% (PER TRADE): EURGBP LRR = 20, EURCHF LRR = 70
To lose roughly 15% (PER TRADE): EURGBP LRR = 12, EURCHF LRR = 40
To lose roughly 10% (PER TRADE): EURGBP LRR = 8, EURCHF LRR = 30
To lose roughly 5% (PER TRADE): EURGBP LRR = 4, EURCHF LRR = 14

You have a choice about which option is comfortable for you. Remember that if your trading capital is less than $1000, you have to trade with a broker that allows you trade micro-lots, and then you have to set your lot size to 0.01.
Hope this helps you in your money management decisions.
Trade wisely.

Fapturbo Forex Trading System: A Review

2009-03-11T08:07:00.000-07:00
I just wanted to give you 7 quick reasons why this robot has become the choice of many newbies and pros trading forex.

1. You need not look for a huge starting capital to be profitable. Even with $50, you can be in profit from Day1.
2. Fapturbo keeps on working for you even when your computer is off, when you install it on a Virtual Private Server.
3. Fapturbo has an impressive 95.9% winning rate with only about 0.35% draw down rate. Most other automated systems have as much as 10%-20% draw down.
4. This is the only system that shows you actual live trading results and not just backtested results.
5. Fapturbo comes with two strategies to maximize profits: the scalping strategy (short-term) and the advanced strategy (long-term).
6. Fapturbo has excellent risk management and ability to spot great trading opportunities better than most other robots.
7. There is a real, active, and supportive customer support system with Fapturbo.

having used this robot for over a month, and compared it with other forex trading systems, i can simply say 'The difference is Clear"....Fapturbo Rocks!

My Fapturbo Forex Trading Strategy

2009-01-14T19:45:00.000-08:00
The designers of this trading robot have built in money management rules to ensure you have a safe trading experience. After downloading and installing the robot, you need to make some settings depending on the amount of capital you want to begin trading with (after demo trading).
One strategy I use is this: I set the Forex Autopilot System to trade a maximum of 3 orders at a time, because I started trading Live with $500, I changed the lot size from 0.1 ($1 per pip) to 0.01 (10 cents per pip). What i have done effectively is to give the robot about 1,000 point of variation margin to place each trade order safely. Thus allowing my account to grow proportionally without the risk of blowing it due to a lack of margin.
This strategy accelerated my performance and protected me from loss. I therefore would advise anyone to tweak a little bit these settings, taking into consideration the amount of money you are investing, so if you are starting small, maybe with $300, set the lot size at 0.01, and no more that 3 trades at a time; if you are starting with $1,500, then you could set the lot size to 0.05 and no more than 3 trades at a time.
Using a small lot size with a higher number of trades at a time, is also a good way to split your risk and increase the chances of growing your account, because the Forex Autopilot may get it wrong at times (though very very few times).
Try this strategy on your demo and see how it works.

Why Robots Beat Humans Trading Forex

2009-01-14T00:12:00.000-08:00

Yes! Robots can beat human beings at chess games, EA robots can beat humans at FOREX trading also.
It is common knowledge that the Foreign currency Exchange (FOREX) market is the largest and most liquid financial market in the world, with average daily trade in the global FOREX markets exceeding US$1.9 trillion. These huge funds are traded by governments, banks, and large institutions. FOREX has a 18.4% average growth rate per year since 1989. It offers trading 24 hours a day, five days a week, non-stop over Internet. This kind of massively liquid and long uninterrupted trading hours mean that under normal conditions there is no problem entering or exiting a trade.
A striking fact about this market is that 90% of new FOREX traders lose all their money within their first 3 months of trading. Why? it is not for lack of intelligence, but by humans' weaknesses which is common to all -traders and non-traders alike.
By human weaknesses, we talk of factors like Greed, Fear, Indiscipline, Lack of confidence, Hesitation, Tiredness, Inconsistency,
Automated trading has come a long way. As a programmer's skills improve, and as more breakthrough is achieved in artificial intelligence, more and more tasks requiring intelligence can be assigned to machines or Robots. Practical experience shows that a high quality automated trading system always guaranties some kind of financial success when deployed on the Forex market. To this end, the Automated Trading Championship sponsored by FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX), FXDD and the TRADERS’ magazine and organized by MetaQuotes Software Corp. is a world yearly competition where all participants use Expert Advisers (EA) robots. In the 2007 competition, the champion won 1204.75% profit, the runner-up won 450.42%, and the third place won 299.45%, in just a period of 12 weeks of trading.
Trading Forex, using some trading systems, programs, software or robots (on Metatrader MT4 platform it is called as Expert Advisors - EA), without needing a human to physically trade is called Automated trading. An automated trading system is a group of specific rules and parameters, governing entry and exit points, having the ability to both generate signals and execute trades automatically. An EA is an automated trading "robot".
In the development of trading robots, programmers consider: nature of the market, mathematical modeling, time frame, entry and exit signals, stop loss trigger, and profit target, etc. More developed systems include money management rules. After the system is created, they do back testing and forward testing rigorously both in demo and live accounts. A fully automatic trading system created like this way is able to analyze the market independently, work completely on its own and constantly generate signals, auto-execute in a trading platform. There are also 'semi-automated' systems whereby users can be alerted when the Entry, Exit, Stop Loss or Take Profit trigger occurs. Alerts can be audible through computer, sent to E-mail address or even sent as a message to cell phone. Once the user confirms, the robot will obey the order to finish the trade.
Some of the advantages of robots trading are:
(a) Automated execution of trade by a computer at incredible speed and flawless precision and accuracy.
(b) Emotion-free trading that is never affected by greed, fear, indiscipline, lack of confidence, hesitation, tiredness and inconsistency.
(c) 24/5 constant operation, watching for and taking action (buy or sell) when the best opportunities (defined by the programmer) shows up.
(d) Multiple trade actions can be taken synchronously like: multiple conditional entries and exits, profit targets, protective stops, trailing stops. Such powerful function can help us to maximize our return of investment, and reduce risk.
(e) Because computers are incredibly faster than humans, using robots means no more missing a trading opportunity.

One popular robot that is the pride of over 50,000 traders is the FAPTURBO Robot.
Why does FAPturbo appear to be so popular among forex traders? Check here

Forex Trading Robots: the Facts and Fantacies

2009-01-08T12:11:00.000-08:00
Trading currency in the forex market via forex brokers has become quite attractive. But why do 90% of Forex traders lose in spite of the sophisticated trading platforms and forex trading software available today?
Traders like other humans suffer from FEAR and GREED. In crucial market conditions, we lack confidence, we have fear of what might happen, and most importantly, we are usually (90% of the time) inconsistent. In times when we have good trades running, 'leave money on the table' hoping that the ride will continue for as long as we wish!. Unfavorable market twists and loss make us jump out of a good trade prematurely. This cycle of inconsistency due to EMOTION explains why, 90% of traders WILL LOSE MONEY IN FOREX. They will consistently give away their money to the other 10%. Similarly PATIENCE to wait for the best forex signals sometimes eludes us. Sitting at the screen, studying the markets, developing forex strategies, identifying trends and patterns for long hours is not a pleasant task.

Artificial intelligence comes to our aid in addressing these problems and thus automated forex trading (Forex trading robots) is becoming increasingly popular among forex traders.Robots are now taking over industrial activities, domestic chores, surgery, and of course forex trading. In forex trading domain, these 'robots' are called expert advisers EAs. Robots beat humans at chess, and they beat humans at trading too. Typically, the EA robot watches the market for you, placing trades under certain parameters (strategies), avoiding the fear, greed,inconsistency, impatience and lack of confidence that many traders suffer from. It is so disciplined with it's trading plan that it sticks to it no matter what, no matter how ugly or uncertain the market looks. It doesn't have to take a break for lunch or even sleep. On autopilot, it works for you 24/7 leaving you to sit-back and watch your portfolio grow.

It is however important to know that both the creators of the EAs and the products must have proven records of performance evidenced by analyzing the performance charts, graphs, statistical records and on historical data. Back-testing reveals the strengths and weaknesses of the robot. Support services is also essential.
It must also be clear that not all trading robots really bring good results. Some actually make the trader lose money because proper money management principles were not built into the robot. It is debatable if these totally eradicate the desire to 'get rich quick' that push traders sometimes towards greed. But at least they check that emotional trading and free up time for us to do other important things.

There are quite a large number of forex trading robots in the market today. However, FAPTurbo robot appears to dominate in popularity among traders perhaps because of the consistency of it's delivery, proper money management, and the excellent support service that comes with the product.