Although I do not feel like promoting Forex Expert Advisers anymore this one makes sense.
The Forex World Cup has been hosting a Forex Auto Trade competition for some time now where the creators of expert advisers can enter their EA for the competition. The Forex World Cup then monitors the trading for about two months to make sure the results are for real.
Here’s the short version of what happened:
They set out to find the BEST EAs IN THE WORLD!
$150,000 in prize money was put up for grabs
329 EA developers entered the competition but only 24 qualified for the live trading phase (because of the tough FRWC rules)
They traded the bots LIVE for 2 months and let everyone watch!
These trading robots are now for sale on their web site. The seem to be a bit expensive but at least you know the results have been monitored and it cannot be bullshit.
Because of the constant change in the market and the very different results different users get with trading Forex Expert Advisers I decided not to write reviews or recommendations about expert advisers on my blog. I found that while one user can trade successful the next person might not be successful. The success can be influenced by factors like your account balance and whether your trading platform is live 24 hours per day.
I found another Free Forex Trading Robot (also known as freeforex expert advisor).
Forex ChaChing is the brain child of Steview Gerard and he is giving away his Forex expert advisor for free.
This expert advisor uses a breakout strategy based on fractal levels and a statistically verified distance from them. The fractal level can be bearish or bullish.
Give it a try. I strongly suggest that you test it on a dummy account first.
HY Markets provides a state-of- the-art trading platform. They offer their clients with the choice of an easy-to-use web-based online trading platform, and advanced users download platform with mobile phone trading integration. These cutting-edge multi-product platforms integrate live tradable prices, charting tools, real-time news and market commentary, and complete account information all in easy-to-use revolutionary interfaces.
Features:
Start trading in less than 5 minutes
Open an account with just US$50
Forex, oil, gas, commodities, metals, stocks and more
Alpari UK is one of the top Forex Brokers available to Forex Traders.
They provide institutional-level online Forex trading services and technologies. They offer comprehensive market analysis and educational tools. All registered clients have access to the Alpari Academy where you can complete the FX Graduate Program or learn from the various video tutorials available.
Automated trading are becoming the new way of trading Forex. To stay in the forefront of this new concept Alpari developed their own “Alpari Systematic” system which is a free Auto Trade system available to all their Classic Account holders. With Systematic you choose the strategy you want to trade and the system will do it all for you. With Systematic you do not need to be online 24/7 and you do not need a MT4 Host. The system is hosted on Alpari’s server.
I regularly read articles and forums on Forex Trading. Since the implementation of Expert Advisors I found that we see more and more complaints of Forex Brokers who play all kind of tricks to get hold of their clients’ money. At first I did not make much of it because I never had problems before. But as the number of complaints increased I decided to investigate and see what can a broker possibly do to crook their clients and why.
The Forex market is by far the largest market in the world It trades approximately 3.8 Trillion dollars in transactions per day.
The forex market does not have a single exchange like the stock market. It has a more complex electronic network where brokers and dealers negotiate with one another.
There are various levels of access to the Forex market. The highest level of access is the Inter-Bank market which mostly comprises of investment banking firms. This market is only open to the big players like hedge funds, financial institutions, central banks and corporations and deals with very large transactions.
The retail forex market (where most of us trade) developed with the rise of online trading. The retail brokers make it possible for the smaller players like us to connect to the larger forex market. Read more »
Note: Also read my comments at the end of this topic.
A while ago I complained heavily about FAP Turbo. In the beginning it traded very profitable but then started to place more loosing trades than winning trades. So I decided to stopped using it.
Last week a friend of mine referred me to the FAP Turbo Expert Guide and said I should try the advice in the guide.
At first I did not want to try it since I already lost enough money on FAP Turbo. But my friend persisted and I decided to give it a try.
I purchased the package and after going through the material I could clearly understand why I was loosing money with FAP Turbo.
Rob Casey explains exactly what you must do to make FAP Turbo profitable again. There are certain setting you must use and others you must avoid.
Bob gives you the ideal settings for FAP Turbo for typical Low, Medium and High risk scalping. His guide is in blog form so that he can easily update the information and give you the latest settings. We all know that the conditions are constantly changing and you cannot keep on applying the same settings to the same currency pair all the time. When you buy Bob’s package you also get frequent updates. There are no monthly fee, just your once off purchase fee.
Without this guide you will have little chances on success with FAP Turbo. A month ago I though that FAP Turbo was a load of rubbish, but after applying Rob’s advice I started to see some winning trades again. So if yo have given up hope with your FAP Turbo as it is, get the Expert Guide.
Because of the constant change in the market and the very different results different users get with trading Forex Expert Advisers I decided not to write reviews or recommendations about expert advisers on my blog. I found that while one user can trade successful the next person might not be successful. The success can be influenced by factors like your account balance and whether your trading platform is live 24 hours per day.
Forex Auto Trade | Pieter | February 16, 2010 | 
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