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21Jul

You’ve Got Your New Forex MegaDroid… Get the Rocket Launched!

Old Posts

…Not so fast, guys. OK, you have chosen pretty smart forex robot, however, you still need to find a good partner for him. In other words, you have to make some research in order to determine, which brokerage will be the most appropriate for MegaDroid. Of course you can refer to many websites that have already shared such an analysis, but how do you know it’s true, and not a promotion of the specific forex company? You don’t have to believe… The most of brokerages provide the MetaTrader 4 platform with Demo account, which can be used to test an Expert Advisor. So let’s do it.

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21Jul

Automated Trading Championship 2010

Old Posts

Automated Trading Championship will take place this year – in 2010. The main goal of this competition is promoting the automated trading and the new development language MetaQuotes Language 5 (MQL5). The total prize of the Automated Trading Championship 2010 is 80,000 US dollars.

As I understand, developers don’t like new MQL5 language for many different reasons, as I heard on forums. But this championship will really help MetaQuotes in this regard.

For the three years the Championship has become extremely popular being a specialized site where developers from all over the world can show their programs performance. Many EA writers use the Championships as a chance to advertise their services. You can submit your participation on their website and prove that you can develop profitable Expert Advisors.

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21Jul

Forex Legend price

Old Posts

I heard that new product Forex Legend will cost $197 for a copy and it will contain several expert advisors. This launch is going to be huge and popular. Hope that vendor prepared good Expert advisors to test them LIVE.

Less than 7 days left before the launch. Be prepared!

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19Jul

A Review of Automated Forex Brokers

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Several companies offer automated forex broker services. In the following articles, you’ll find brief reviews of each.

What forex brokers offer automated services?

GFT Forex is an automated forex broker, whose DealBook FX 2 software offers the investor both a demo and a live forex trading tool in the currency market. This forex trading software offers the investor direct access to some of the tightest spreads, through a stable, standalone forex trading platform, 24 hours a day. Read the rest of this entry »

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16Jul

What You Give You Get Back or How to Feed the Forex Robots

Old Posts

There many trader-handled conditions which can predetermine your further success or fiasco, when it comes to trading with forex robots (expert advisors). And it doesn’t really matter, how good is your robot when the conditions are not friendly for automated trading. Let’s review one of the most important risk factor – low initial deposit. Read the rest of this entry »

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15Jul

Forex Legend – new Profitable Robots or another Epic FAIL?

Old Posts

I’ve just heard that soon we will hear a lot about new big project in Forex expert advisors industry: Forex Legend

They will sell 2 Top Quality Expert Advisors + Bonus EA and Membership access as an upsell product. Currently, I have no information about this guys, but I know that launch will take place on 27th of July 2010 and advisors will cost $197 per license. They are also having IamFX as a partner broker which sounds good too.

Subscribe to my blog updates and I will inform you as soon as I will know more about that. I’m very interested in these advisors so I will test them a lot and write many facts about them.

Cheers!

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15Jul

When NOT to trade with robots

Old Posts

It is very important to know when not to trade with robots. Sometimes it is even more important than the choise of EA’s you should use itself and what settings to use. When the market in suspense before or during the release of important news, markets tend to be very volatile and unpredictable. Expert Advisors tend to lose a lot of money or even totally wipe out your savings in such periods of. Absolutely important to avoid trading during these periods. As the right timing can help you to significantly improve your trading performance.

So, when to avoid trading? Let’s highlight two particular reoccurring news events, the release of the US unemployment statistics (NFP) and the presentation of results from the Federal Open Market Committee (FOMC).

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