Fully Automated Forex Systems
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Fully Automatic, Automated Forex Systems for MT4
Using an automated forex system has some significant advantages over discretionary trading.
Advantages of Automated Forex Trading
An automated forex system removes the fear and greed you will experience when trading live manually and trades a system with consistency and most importantly without hesitation. 2 areas where most traders fail.
You do not need to be present physically to trade the system. The system trades 24 x5. You don’t miss trading opportunities because you are away from the platform.
You can diversify your trading by using multiple systems, this spreads out your risk and smooths out your equity line.
The below automated forex systems are designed for the Mt4 Trading platform. Download it here free - www.metaquotes.net
Once you get the software, install it onto your Mt4 platform and it automatically analyzes the market based on a pre-specified strategy, looking for specific set-ups and conditions for you. These automated systems have been proven in live market conditions, on LIVE forward tests and LIVE accounts, not just back-tests.
Automated Forex System - Shark EA - Review
The Shark EA Automated Forex System watches 12 indicators, pivots, fibs and support and resistance levels on multiple time-frames to make a trading decision. Every trade is secured by a fixed stop-loss (with the initial order). The Shark executes 2 trades on an average trading day with a win ratio of 85% from all trades. The recommended risk-setting per trade is 1%-3% of your equity. The System is tested back to 1999 and is since January '07, it is used on a "LIVE" account. Actual P/L on Live Account: +927% since January 2007. You can verify this with 3rd party login to the Live account.
Automated Forex System - Griffin EA Review:
The Griffin EA is a professional intra-day automated forex system executing 1-2 trades on an average trading day and has a win ratio of 89%. uses higher time-frames to determine the actual market direction and lower time-frames to determine turning points. Every trade is secured by a fixed stop-loss (with the initial order). The recommended risk per trade is between 2%-4% of total equity. The Actual P/L on Live Account is +129% since September 2007. As with the Shark EA, you can verify these results with 3rd party login here.
Still prefer manual trading strategies over automatic forex systems?
Below is a review of 3 good discretionary forex strategies.
Discretionary Forex Systems - Reviews:
Forex Scalping Strategy - Forex Scalping System by Watts Trading Group. Read Review →
Bird Watching In Lion Country - 4 x 1 Trading Strategy by Dirk du Toit. Read Review →
241 Forex Trading System - A Swing and Intra Day Trading System in one. Read Review →
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