Posts Tagged ‘expert advisor’

February 16th, 2010

Focuse On a Single Currency – GBPBOT

No Comments, Forex, by Escon deOjo.

That’s right, the headline says one currency, not a pair. Most frequently currency exchange traders concentrate on one the pairs, but they miss lots of good trading opportunities on other currency pairs. There is a sweet spot and it’s possible to target one currency of several pairs.
Certain EA creators have decided to do exactly that [...]

January 30th, 2010

FRWC’s Royal Trader

No Comments, Forex, by Escon deOjo.

I have just heard about a new system:
FRWC Royal Trader consists of top 5-7 foreign exchange bots from the Forex Robot World Cup that is about to end. Not only do these bots are the top performers, they run with a constantly updated live statements available for everyone to see for almost 2 months. In [...]

January 22nd, 2010

Pip Android

No Comments, Forex, by Escon deOjo.

A new currency trading system:
Pip Android is the “most intelligent Forex system” that promises remarkable accuracy and profitability. Most importantly, it will show live trading results to back up its accuracy, once it goes live.
Pip Android’s main features:
Provides live results updated every 10 minutes.
Trades in different market conditions (ranging, sideway, choppy, and trending markets).
Has a [...]

January 10th, 2010

USDBOT

No Comments, Forex, by Escon deOjo.

I’ve just received a notice about a new program:
USDBOT is a 2 in 1 EA for two currency pairs – EUR/USD and USD/JPY. The system is built around a strategy of a group of veteran currency trading traders, which has taken them years to perfect. The program was built using the adaptive neural network technology [...]

November 29th, 2009

Is FAP Turbo Still Good?

No Comments, Forex, by Escon deOjo.

I often get asked if FAP Turbo still works. It’s an old robot and one would thing that given the short life span of these robots, it would not work anymore. No, this EA works, even one year down the road. It’s quite surprising really, as I said very few programs can work that long.
But [...]

November 28th, 2009

IvyBot and AI in Forex

No Comments, Forex, by Escon deOjo.

Artificial Intelligence (AI) is sometimes used in Forex robots. One of the first popular robots to use it was IvyBot. It has employed AI to adapt to market conditions, which is a huge obstacle for expert advisors. If it worked, should have been obvious after a few months of activity.
Unfortunately, IvyBot didn’t do anything significantly [...]

November 17th, 2009

Is No Loss Possible?

No Comments, Forex, by Escon deOjo.

Is no loss in trading possible or is it just the myth, the philosopher’s stone’s Forex equivalent? The folks at No Loss Robot say they have found the system that performs at zero loss.
It’s been drawn to my attention, however, that it’s only a marketing trick achieved my leave floating loss. It’s not uncommon for [...]

November 17th, 2009

Forex Enforcer

No Comments, Forex, by Escon deOjo.

A new expert advisor from the experienced automated Forex software makers is out. Forex Enforcer is a pretty decent system with low risk and reasonably good profit potential. It’s not every day that robots of this level are released, so this one is a sin not to try out, if you’re serious about auto Forex [...]

November 17th, 2009

Forex Nuke

No Comments, Forex, by Escon deOjo.

This new expert advisor is supposed to be made fro 2010, but the reviews say that Forex Nuke is more of a short term robot that might not work that well in the long run. I guess it will depend on the authors to update it to adjust to the changing conditions.
But its strategy has [...]