As the most traders I started trading currencies manually. I didn't even know that it can be done automatically at that time. There are different types of software that help can help you in trading Forex. One of them is Expert Advisor for Metatrader platform. The beauty of such software is that it completely eliminates the trading errors caused by human emotions like greed and fear.
The Major Flaw of Automated Trading
After experimenting with such software I realized that they have a major defect. They cannot adjust to ever-changing market conditions. However if you modify the source code of the Expert Advisor according to the market conditions then you can have a successful trading robot. I came across a team that developed and continues to update such trading software. It called Forex Autopilot trading package. Here is my review of this software.
What's Inside of Forex Autopilot Trading Package?
Once you are inside of the member's area you get the Forex Autopilot file in ex4 format that you can attach to your Metatrader platform and start trading right away. Besides that they have NFP pilot to trade the Non-Farm Payroll news release.
I personally hate trading news but with this Expert Advisor you can trade with much less emotional errors involved. Another thing they have is Ultra Trend indicator that shows the trend with high accuracy. This indicator alone was priceless for me.
And as I mentioned earlier those Expert Advisors are constantly updated to fit the current market conditions and eliminate the flaws in trading. For example when EURUSD was in continuous uptrend Forex Autopilot was giving amazing results. Now the pair in a downtrend and the older version is not working very profitably. Therefore they recently have updated their software to fit to the current EURUSD market condition.
My Personal Experience with Forex Autopilot In the beginning of my trading experience I was constantly failing. My equity curve looked like a trajectory of falling rock. Then I came across the automated trading. I found that it could be a perfect tool. The only thing was missing is that over time they stop making profit as they did it before. I tried different kinds of software and Expert Advisors. I have posted my trading results with this one at Forex Autopilot Review. I gave more detailed overview as well as trading results on Metatrader platform. Also I highly recommend you to visit Forex-Opportunity.info to learn more about automated Forex trading. Sign up for a newsletter to get a comprehensive trading advice |
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