Best Forex Software Review
No. 1 – FAP Turbo
FAP Turbo deserves to be rated the No.1 automated forex trading software. This is the only software
that shows you their live trading report which is updated every 15 minutes. Go and have a look at it and you will understand what I mean. No other software vendor has been daring enough to do this which further instills user confidence.
This automated expert advisor has been setting new records worldwide with more than 18,000 traders currently in its clientele.
Backtestings Results From 1999 – 2008
9645 Total Trades
95.9% Winning Trades (9250 Profitable Trades)
5000% Net Profit
0.35% Drawdown
There are 2 trading strategies built into FAP Turbo:
1. Short Term Scalping Strategy
2. Long Term Trading Strategy
Each strategy is designed for its own currency pairs and timeframe. For instance, long term strategy works only for EUR/USD M1. Short term strategy works on the M15 timeframe for EUR/GBP, EUR/CHF, USD/CAD and GBP/CHF currency pairs.
These 2 strategies can be switched on and off so make sure that you use the strategy on appropriate currency pairs and timeframes. These details are readily available and clearly explained in the guide and video tutorials of the FAP Turbo package. So be sure to read them.
Both the short and long term strategies of FAP Turbo are tested and found to be more profitable than average expert advisors. In fact, we realized that the profits from the long term trading strategy work out to be more than what other competitor software can achieve. In fact, I used this on a real $3000 account and it profited $2617 within 21 days. The pre-determined fixed stop loss and take profit filters are also better in terms of maximizing profits while limiting losses.
No 2 – Forex Automoney
Forex Automoney is a renowned Forex trading signal provider. But is Forex Automoney a scam or does it
forexautomoney really work and provides true results for its users? This article will review ForexAutomoney and explains what this service does. Make sure to read it all the way through without skipping a word.
ForexAutoMoney is a membership club which provides its members with Forex trading signals. The way this works is very simple. You login to the Forex AutoMoney membership area and you select the time frame you wish to trade in. You get 3 kinds of signal services:
1. Intraday – this gives you 6 signals a day in which to trade in.
2. Daily – One trade each day.
3. Weekly – One trade each week.
But because ForexAutoMoney works with 18 currency pairs, you can get a large number of trading signals from this service.
The Trading signal includes a time, forex pair, a Take Profit price, and a Stop Loss price. You need to be able to make a trade at the appointed time. If not, then simply skip this signal and use the next one. When you make the trade follow the Take Profit and Stop Loss guidelines to the letter so that you increase your chances for maximum profits.
That is the entire process. It shouldn’t take you more than a few minutes of your time, it saves you hours in senseless monitoring of the market, and provides you with an algorithm based analysis which will vastly enhance your chances of making a profit.
Forex Automoney works with any trading platform and as it is entirely online, doesn’t require a special or complicated installation like other systems.
The Forex AutoMoney club has highly positive reviews. Of course, it doesn’t have a 100% winning track record, but it statistically improves your results over time.
Categories: Reviews Tags: best forex software, fap turbo, fap turbo review, forex megadroid, forex software, forex software review, lmt forex formula, lmt forex formula review
Forex Megadroid Review – Does It Work?
This is an independent and unbiased review of about forex megadroid. I am writing the review based on the
attention it gets from many forex traders and my person experience using it. Both beginners and advanced trader who want to discover additional methods to boost their gain from trading forex will find this review helpful. Inside this honest review of mine, I would talk, honestly, about what this robot offer, the way it was built, what it performs and how gainful it is. I believe after reading this review you would have known whether it is good for you or not.
What is Forex Megadroid
It is an automatic trading robot which you can use to trade the forex market. This implies that the software will automatically trade the forex market for you without any effort from you.
Benefit of Forex MegaDroid
It looks for and place profitable trades in the forex market for you
It places the trades automatically for you.
It watches the way the trade is performing and terminates it at the perfect time.
These works are done without your involvement, depending on the way you set the robot. You can also customize it to just generate the signals while you place the trade. It is not a must that you will present before the trade is performed. The things you need to do is to set up the program on your pc, feed it to your forex broker and it does the rest for you. This is the perfect choice for traders that have little experience in forex trading, advanced traders are not left out too.
Really, it feels good but how does forex mega droid consider the time to place a trade and when to close it automatically.
Forex Megadroid is not just the only forex trading robot in the market today. The fact is that it differs from other trading robot. The unique thing about it is that it runs using artificial intelligence qualities unlike the other forex robots that function on static algorithms.
Article intelligence is greatly essential in a forex trading tool due to the fact that it could aid to control the major defect in the usual forex robot, which is the static algorithm.
A static algorithm works on a steady mode. This implies that even though it gets nice gains, it’s affected by any change in the state of the market. Its algorithms functions in a similar method. It results in losses in some cases. On the other way round, an artificial intelligent such as that used by forex megadroid is able to study the market and fine-tune the methods it runs based on the way the market is performing. It is not steady. It is regarded to be flexible to changes. Though it functions with the aid of complex mathematical patterns but it doesn’t relay fully on them.
The artificial intelligence used by forex megadroid is essentially necessary for troubled state of the market, mainly the time the price changes fast. But in the case of a static algorithm, it will result in a lot of loss. The A.I algorithm is regarded to be more effective than static algorithm.
Forex Megadroid Result
The one million dollar question here is how this forex robot works does. A credible test was conducted utilizing data from as far as 2001 till date. It made a remarkable gain producing results. Over all, the perfection of the software is okay. It has a winning rate of 85%.
Why I like forex Mega Droid
I have tried varieties of forex trading robots and I must tell you that none of them even come close to this. Most of them offer many assurances and let me down. Some others were a bit victorious but their static algorithms bordered me. Some were very difficult to upload and run, making me to shun them.
I will like to tell you the reason I am convinced that forex megadroid is unlike them
Long period of testing
Excellent customer support
Elevated accuracy and high winning rate of 85%
60 days money back guarantee in case if you are not satisfied.
Cheap price, though likely to increase with more demand.
Good for those who have little experience.
Simple to install, it isn’t complicated.
Installing Forex Megadroid
One of the things I dislike about forex trading robot is the installation process. Some of them are very difficult to install to the extent they might leave you frustrated. But forex megadriod is different. Some of the benefits of installing and using Megadroid is below.
There are assistant staffs of up to 6 people that provide support for its customers.
There is a manual which contains a full and simple to follow installation procedure which can aid you to get forex megadroid on and running on your computer in few minutes.
There are also installation video format in case you are not able to understand what is laid down in its installation manual text form.