Your Questions About Ea Forex
December 10, 2011 by Forex Guide
Filed under Forex Account
Laura asks…
Anyone know any good forex EA that he/she using and have a good results with it.?
Charles asks…
Whats the best EA for FOREX?
Based on REAL results could you tell me whichs the best or which has the best rank for you?? Thanks!
Forex Guide answers:
Honestly, you’d probably be much more profitable learning technical analysis, tracking economic events, and trading for yourself. No one will trade your money like you can.
David asks…
need an EA for Metatrader software (Forex) to share my trades with my students?
Is there an expert adviser (EA) that I and my friends can install it on our metatrader software to see the trades of each others?
I want this for educational purpose.
where can I download it?
Forex Guide answers:
I’m not familiar with an EA that would do this, but you could share the investor login for the MT4 platform with your friends. It allows another user to login and view the trading activity but not trade the account.
You could also use a site such as www.fxstat.com, www.mt4stats.com, www.myfxbook.com, or www.mt4pips.com which imports the MT4 statement up to their website which you can then share with your friends.
Mandy asks…
Can someone recommend the best forex robot(EA)?
I would like to trade forex but I am scared to do it myself because it is too complicated. I have been going through forex robots, there are so many out there and it is hard to choose the one that really works.
Forex Guide answers:
I’m not going to lie to you when I say that most “forex robots” are actually scams.
Because people know we are a “hungry crowd”, they figure that they can easily make a quick buck byselling products that don’t actually work…
So I was very pleased to find http://www.fxsystemscompared.com which reviews only LEGITIMATE forex robots.
I personally use one called “Forex Autopilot” which is a software tool and comes with several guides too. The review for that tool is here: http://www.fxsystemscompared.com/rev_forex_autopilot.html
Betty asks…
forex EA ‘fapturbo’ backtesting not doing well.?
I can’t seem to get good results in backtests for this EA, could this be because the brocker’s GMT offset changes during the testing period (1 year).
Forex Guide answers:
The time difference won’t have that much of an impact. It’s one of three reasons:
Fapturbo doesn’t work.
Fapturbo doesn’t backtest well, but performs better in real time.
Your backtester (Metatrader?) is buggy.
Try it on a demo account, in real time, for a month or two. Backtesting is not accurate at all, but demo trading is very accurate.
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Profit Guarantee Forex Trade Robot
May 9, 2010 by Forex Guide
Filed under Forex Robot
Forex robot is software that can be installed on your forex trading platform to monitor the forex signals and automate the forex trading process without your interference. Forex robot are also known as automated forex system or forex expert advisor.
Here I want to share with you a professional forex robot reviews that can help you find the best forex robot on the market, so you can skip the testing process of forex robots that could cost you thousands of dollars and directly start with the best performance forex robots.
Let me first share with you some recent statistics on the forex trading market.
This market is growing very fast, it has reached a 320% growth in the 2009 and it is expected to grow more on this year. It has reached on April 2010 a 3.7 billion dollar.
78% of new traders are losing money, individuals have lost approximately 149 million dollars per month last year, and 60% of those new traders have quite after 2 month of trading.
Brokers are the highest earners on this market, after them came the expert traders from the US, Canada, Australia and surprising India.
7% of new traders have reached a million dollars on profits within 2009.
And the last thing I want to tell you about this statistic is that forex trading is the number one opportunity to make money on the internet. And it’s increasing like fire.
You can see how powerful forex trading can be, but also you can see that it can be a disaster for some. But thanksfully there is a way to minimize the risk and maximize the profits from forex trading. It’s called forex robots.
Forex robots are a sophisticated algorithm that works with your trading platform (generally meta trader 4) and analyze the forex signals to predect changes on this signal so it can open new deals to make profits.
Some robots only analyze the history of given currency pair and can predict small changes, it can detect downward and upward impulse, and when it’s fading and it can automatically open and close deals within those impulses.
Other forex robots are connected to hidden channels from where it can get more information like news and trends and trade according to the information it get, by analyzing the information and open new deals, then close those deals when it reached a certain profit rate.
And there are some robots that are connected to a forex signals provider and trade the forex only with the signals it get, this type trade with small profits only, it open a deal and close it after a short time with few PIPS only. To guarantee small profits and minimize the lose rate.
Also there are some robots that are worthless, people design those robots to scam other people and make some money selling them these worthless robots.
Forex robot developer will never share with you the algorithm they use, or the strategy their robot use to trade. So to find the best robot by performance you need to test it. However testing robots could cost you thousands of dollars that you can use in your forex account instead.
Personally I have tested with a colleague of mine about 9 forex robots on the market, and I am talking about the affordable robots that are less than $500 value, and ended up with three very good and reliable forex robots that could provide good results for any trader.
You can read our 3 forex robot reviews here Forex Robots Review.
We had also rate those robots to point out the best forex robot from them
EURUSD Currency Pair’s Crazy Price Movements And USDBOT
March 7, 2010 by Forex Guide
Filed under Forex Robot
Get these Forex Scalping Cheatsheets FREE. Download this 70+ page Forex Swing Trading Forex-4 Pack Training Kit FREE. Meet the High Velocity Market Master and get your FREE COPIES of the Ultimate Day Trading System and the Universal Risk and Money Management Tool! Did you see the crazy price movements on the EURUSD pair last week? Did you cash in on them? USDBOT got in the action and made a huge chunk of change for its users. Mark Trenton knew his NAC Technology was a beast..and when put to the biggest test ever last week, USDBOT raked in thousands for those using it…After seeing such success, Mark has decided to close down the site in 24 hours to not over saturate the market and make it more so an “Insider’s Club”
So he has decided that for the first 25 people through the door, he’s going to give away MASSIVE Bonuses worth $1,897…These aren’t some random indicators or some BS junk. The bonus package includes 1 Superb Expert Adviser, 1 Stunning Moving Indicator, and another 5 Indicators that come with the complete source code that allows you to modify them, customize them, etc.
This is in addition to the $500 trading bonus, Intro to Forex Guide, Risk Management Guide, Emotions and Trading Guide, and the Trading Successfully Guide that you’ll be getting! Make no mistake, these are products that Mark personally uses for his own trading… he hasn’t even listed them on the main USDBOT homepage. Only a few people know about them.
They are only available in the Members Area for the next 25 people through the door…You will be literally earning PIPS on autopilot that will allow you to comfortably earn a 5 or even 6 figure income. Mark is not only an amazing trader but also a good mentor and that’s exactly what he’s doing here… teaching us the keys to turbo charging success.
People like Melissa B. from Chicago, USA banks in $1,586 on a $3,000 deposit since last Tuesday using the USDBOT System…Jacob Chanen from Singapore robs the Forex market for another $823 on a $1000 deposit last week using the USDBOT System…And the list goes on… testimonials have been flooding Mark’s inbox with praise. If nothing else, make sure to read his story here, because the site is about to be taken down — go there NOW!
Remember, there are only 25 spots available for the $1,897 value Forex software that Mark is throwing in for FREE, on a first come first served basis… Their yours to keep no matter what, so you *absolutely* need to get and grab them right NOW!
Take a deep breath, grab a cup of coffee, and relax… Do you want to find out how you can get a bonus system that has made me $18,300 in only 14 days for free? In fact this system is so powerful I actually still sell it today but it can be yours free…That’s not all do you want to know how you can also receive a $1897 bonus TODAY FOR FREE?
USDBOT Going Strong On All Currency Pairs
February 2, 2010 by Forex Guide
Filed under Forex Robot
Get these Forex Scalping Cheatsheets FREE. Register FREE for this 2010 Big Event Forex Summit and learn a new forex trading strategy from Forex Joe Atkins that can help you join the 1000 Pip Club. You are also going to meet with Bill Poulos, Chris Lori, Sunil Mangwani and others. Don’t miss these great forex masterminds. You can learn a lot from them. Discover the top 10 Forex Robot World Cup Robots-The #1 ranked robot is already 156.96% up in profits in just 11 days.
Rahul: Yes, that’s true. Today USD was strong all the major currency pairs. What is the reason? It was due to the Fed announcement which left the interest rates unchanged. This caused the market to believe that inflation is not high else Fed may have decided to lower the interest rates. So, today was a good day for traders who went long on USD. But at the same time I would like to re-emphasize to you to keep track of economic calendar just to monitor if any major announcement or news is expected to come that may impact the forex market. And unless you know how to trade the fundamental announcements, its better to stay away from the market during the news time.
Rob Casey, the author of FAP Turbo Expert Guide: I sincerely apologize for this but something has come up …The Free Back Testing and Optimization course bonus is being take down! Lat time, I indicated that it would be the final time regarding our killer USDBOT bonus, however we’re in a situation where we need to take down the Bonus offer and I felt that if I didn’t let everyone know I might make a few people angry.
The response for the USDBOT has been simply overwhelming. In fact I don’t recall a new forex robot hitting the market with such a bang. Not only is the USDBOT response overwhelming, but the response to our Back Testing and Optimization course has been nothing short of phenomenal! As I’m sure you can imagine, developing the Back Testing and Optimization course is a significant effort which is why the course was being created as a paid product to appear on clickbank at the end of February. Well it turns out we vastly underestimated the response to this offer and have already given away 3X more spots than we had planned to which is why we unfortunately are now putting a limit on the number of remain spots for this bonus.
Only 100 Bonus Spots Left! I spoke with my partner and we’re capping the bonuses at an additional 100 spots. If you want to get the hottest new robot and a Free spot in the Back Testing and Optimization course before it goes on sale then you need to act now. 100 Remain spots will likely go fast. Get it for Free Now, or get it later and pay!
Forex Robot Scams By Les Schwartz
February 1, 2010 by Forex Guide
Filed under Forex Trading
Get these Forex Correlation Trading Cheatsheets FREE. Learn Trend Trading from sRs Trend Rider Vladimir Ribakov. Discover the top 10 Forex Robot World Cup Ranked Robots- The #1 robot is already 156.96% up in profit in just 11 days! Les Schwartz: Do these headlines look familiar to you? I get a new one in my mailbox every week.
“The new XXX Forex Robot is taking the forex community by storm!!”
“There is no other way to put it, the buzz surrounding the XXX Forex Robot is…. Huge!!”
“It’s official… the boundaries of Forex Artificial Intelligence robot trading has been pushed forward.”
“The XXX Forex Robot went live yesterday and, as I predicted, it rocked the Forex industry…”
“XXX Forex Robot will change history…”
“So after 24 hours, the industry buzz behind the XXX Forex Robot is reaching fever pitch!!”
It’s a seductive concept …. the Money Machine. Let’s be honest here. All of us in our heart of hearts dream about finding the “Holy Grail:” The infallible system that tells us to buy at the bottom and sell at the top. Taking it one step further, we want this system to run on “auto-pilot.”
We just get up in the morning, start our “Money Machine,” and then collect our profits a little later in the day on our way to dinner in Paris. (As long as we’re fantasizing, we might as well have a private jet.)
Ok, now let’s get real. The money machine doesn’t exist. Billion dollar companies, that can afford banks of super-computers and teams of programmers have gone bankrupt trying to create that “Holy Grail.” (Does the name Enron ring a bell?)
Wall Street brokerage houses consistently lose millions on programmed trading. Do you really think you are going to find a “Money Machine” that’s going to run a few lines of code on your home computer and automatically fill your bank account?
Of course not! Yet, many traders wind up jumping from one trading program or method to the next looking for just that. They don’t make the commitment necessary to succeed with any of them because when they start one method, they are already looking for the next. I know that’s the case because I’ve “been there and done that.”
The fact is that no programmed trading system can work because every day is different than every other day there ever was. Market movement on any day is the result of all human experience up to and including that day.
While long term investing is fundamental in nature, shorter term trading is psychologically based. It’s all about perception. Would you use a robot to get you the girl or guy of your dreams? Of course not!! Only a human being can act and react to matters of perception (“Isn’t that a coincidence!! I love sushi too!!”)
