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Total Push Button Forex Trading Automation

Gomega Xray will be snapped up by a lucky few traders from March 19th to March 21st. After that, it may never be released again to the general public.

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• Automatic Entries

• Automatic Targets

• Automatic Stop Losses

• Automatic Profit Targets

• Automatic Exits

• Automatic Money/Risk Management

• Automatic Position Sizing

• Automatic Order Execution

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This EA represents the latest expert advisor in their line of high end automated expert advisors. Beginning with Forex ProfitPro AutoTrader, which automated buy, sell, stop, target and exit order execution. Through to Gomega TraderFX array of advanced analysis features and even more push and play technology for deeper market analysis, advance strategies, profit targets and risk management. The advancement continues with Gomega Xray by Quantum Reasearch.

Where does GOmega XRay improve over the previous Gomega Autotrader version?

1) Xray is not a get rich quick robot but rather employs a get rich slowly approach. Xray was created to make slow, but steady gains employing a loose stop loss, smaller position size, and higher Reward/Risk ratio. In this way, it’s a bit like buying options. Before you begin you already know your risk and potential return, even if you must wait a while to realize the profits.

2) In addition to a Profit Target, Xray includes a reward to risk component.

3) In Xray, your profit goal and reward/risk ratio are integrated into Xray’s position sizing algorithm.

Example: $5,000 account, risking 1% of the balance, 300-pip profit target, R/R ratio 3.5:1 yields an 86-pip stop loss and a position size of .06 lots automatically calculated.

4) Xray calculates the comparative strength of each currency across every cross of each currency for the pair you are trading, then filters entries based on this information.

5) Xray measures volatility in two distinct ways, using average true range and the Market Pulse Indicator, which identifies areas of the market where activity is heating up and trends may be under way.

6) Xray identifies “random” movements in the market and trending movement through its proprietary Randomness Indicator.

7) Automatic scaling out – if a predetermined fraction of the target is reached, Xray will liquidate 50% of it’s position is the trade.

Xray has fewer parameters. Most are limited in range or fixed.

9) Xray can be traded continuously

10) An optional trailing stop loss is included among Xray’s strategies.

The combination of these components makes Xray a formidable FX trading EA.

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Technorati Tags: automated forex trading, expert advisors, gomega xray, gomega xray review, mt4, trading online

There are some things you should know before you start trading Forex. Even though fortunes are to be made, not everyone is a winner. Over Christmas I heard of a family friend who had been a Forex day trader for years. And doing quite nicely out of it. But that all changed with the recent upheaval in the currency markets. Not only did he lose his shirt but his home and the family farm too! He is surprisingly philosophical about it all and taking it all well considering. Of course it didn’t need to turn out like this. He had become cocky and traded by the seat of his pants but with the right tools, he not only could have protected his account from losing so much. He could have even done extremely well as are result of the recent volatility. It is during times of high volatility that money is made by the best traders. The markets are totally unforgiving and it is not a place where you’d want to make any mistakes. The right instruments and trading system for the circumstances is what seperates the winners from the losers.

There are 2 main tools for forex traders, are Signal Generators and Expert Advisors. Sometimes called to as push button trading, signal generator tell you when to buy or sell. They don’t make the trades for you. This is fine in a typically stable market where it is more forgiving if you’re a little slow to react. However in a volatile market, fast response time can be the difference between winnng trades or a loss. This is where an Expert Advisor comes in. Sometimes referred to as Forex trading robots, which are advanced software programs that can make trades for you according to your settings. You simply have to put in your trading boundaries and it will automatically trade for you. FAP Turbo is a one of the most recent forex trading robots to be released for the Metatrader4 trading platform.. It is not long ago that, forex robots were the reserve of the corporate forex traders and until recently were way beyond the reach for anyone but full time professional forex traders.

FAP Turbo Official Website – click here

When I first read about FAP Turbo what shocked me the most was the price. How was it possible for software as powerful as this be so inexpensive? Software as sophisticated as this would have easily cost thousands of dollars a few short years ago. Can this inexpensive expert advisor really trade profitably when up against giant financial with their armies of professional traders? Well I had my doubts, it just doesn’t seem possible, this is truely a David and Goliath situation here.

It is claimed that with FAP Turbo you can double your money every month. Now that is a pretty bold claim. You often hear these claims made, even with far less sophisticated automated trading programs. More often than not, they have cherry picked some historical data and tweaked the system to make better than average trades. However the makers of FAP Turbo claim the live trade performance is even better than the back-tests. How is this possible? How can a forex robot perform even better live trading than compared to a simulation?

It turns out that in the back-test FAP Turbo made on average 48% profit each month over 9 years. Whereas in live trading, it actually made at least DOUBLE that on all 3 accounts. They are running 3 live trading accounts and are publishing the results straight on their website for all the world to see. This is must be a first in the industry. Live results from live trades. You can see them right here.

Other methods of trading such as fundamental and technical analysis rely on studying trends and anticipating movements based on previous performance or latest news. Scalper trading often results a quickerturn around and traders applying this method are simply seeking out lots of small movements in values in any trading session.

Download and Test Drive the FAP Turbo Forex Robot

For my full FAPTurbo review and exclusive bonus, please visit my website. My bonus is limited to the first 20 people who use my link to test drive this incredible Forex trading robot.

Technorati Tags: expert advisors, FAP Turbo, fapturbo review, forex trading robots, Official Site, Signal Generators

Forex Expert Advisors are becoming more popular for private forex traders. Once the reserve of banks and large institutions, now smart trading programs are affordable for even novice traders. These Forex robots such as FAP Turbo can be easily set to trade on auto pilot using data provided by metatrader 4 via your forex broker.

Forex Expert Advisors – Why Are They Becoming So Popular?

Forex expert advisors are basically trading programs or robots that will automatically place trades on your behalf using a complex preset algorithm. It’s success obviously depends on it’s programmer and the trading criteria they enter, but expert advisors can be highly profitable. So is this the reason why EAs have become so popular?

Well it’s certainly a major reason why expert advisors have really taken off in recent years. Lots of people are drawn to forex trading because of the potential money that can be made but the majority of these people quickly discover how difficult it is to come up with a trading system that consistently makes money. That’s why so many turn to tried and tested expert advisors that can trade for them.

Banks and other financial institutions have been using trading programs and complex algorithms to trade the forex markets for many years but in recent years they have become available to the ordinary trader as well. This means that anyone can now start making profits from forex trading without actually needing to know very much about forex trading at all. You just set up the expert advisor to run on charting software such as MetaTrader4 via your forex broker, and watch it place trades on your behalf.

Of course it’s not necessarily as easy as that because even the very best expert advisors lose money sometimes. Also just because a trading robot has been successful in the past, does not necessarily mean that it will continue to be profitable in the future because market conditions can quickly change.

Ultimately the success or failure of an expert advisor depends entirely on the programmer. But if they program the EA to take positions based on high probability set-ups, then they can make a lot of money for the person who uses it.

Therefore it’s easy to see why so many people are being attracted to expert advisors. It’s estimated that only 5% of people consistently make money from forex trading, so of course the 95% of people who lose money will look for alternatives that will generate profits and EA’s fit the bill perfectly.

It can take many years to find and develop a profitable trading system, and indeed even if you do develop your own profitable trading method it is still quite labour intensive because you need to be stuck in front of your screen for most of the day. Expert advisors trade automatically for you so you just set them up, enter your trading size for each position and leave it running all day.

There are some people who actually like trading of course, and who don’t wish to use any kind of trading robot as it takes away the challenge, but for a lot of people a forex expert advisor is very convenient and highly profitable in a lot of cases.

By: James Woolley

Click here to read a review of FAP Turbo

You can read more information about Forex expert advisors and auto trading robots below.

Currency Trader – Forex Funnel MT4 Expert Advisor Currency Trader – Forex Funnel MT4 Expert Advisor: Forex Funnel works with any MT4 broker.

Beholden to the Expert Advisor – PipStop Then if you take a look at how the Metatrader platform and its corresponding Expert Advisors have grown over that same time, you’ll shake your head – just as I’m doing now.

Custom Forex Expert Advisor – Talk Mania Forum Currency Trading Im looking to have a programmer do one of three things. Either will suffice. 1.Make me a profitable short term automated trading robot for the.

Forex True Scalping System : Forex Automated Trading When you drag the Expert from the forex Expert Advisors folder in MetaTrader to the forex chart and let if go, that is when a pop up window should show up.

For more articles about Expert Advisors and Forex trading robots see you section Forex Auto Pilot Software

Technorati Tags: EA, expert advisors, FAP Turbo trading robot, forex robots