I agree that most of what is available on the internet is total junk that does not work HOWEVER, I disagree it is not possible. in fact jpmorgan just announced they have developed an AI that replaces all of their manual traders and works far more efficient so now their client order entry is far more efficient. can their AI be used to speculate? of course it can! automation is the wave of the future which really, can you even call it a market any more with robot vs robot? I have developed my own which proves it is possible. the technology is unique and one of a kind unlike anything else out there I have seen and I have looked at just about everything. the system covers both range and trend at the same time which is unheard of. the key for my system was not being greedy. if you want to automate, which I recommend, just make sure you keep it very conservative always increasing the balance over time. when you are available to trade manually, cherry pick the positions and manage them correctly for the bigger boost in balance. the reason I chose to automate to begin with was to free up time and take advantage of the fantastic trends that occur in the market just about every day and certainly within each week without having to go crazy and blind staring at screens all the time. if works and it was not an easy thing to invent either. another thing, this blog recommends to trade daily bars and above which for manually trading is absolutely correct since the big money is always in the long term trends. the shorter term you go, the more noise in the market, the more noise, the less reliable = loss which is exactly why ***CORRECT*** automation for short term makes complete sense. besides that, as a small speculator, how are you going to compete with juggernauts like jpmorgan and goldman sacs who have unlimited resources to develop elaborate AI technology? simple answer, YOU ARE NOT! or just stick to the long term trends as this blog has already recommended and forget about short term which is unreliable for most if not all as this article correctly pointed out.
Forex is one of the most hyped markets and many vendors with promote their Forex trading software with outlandish claims. Make sure that what they promise, they deliver. While results may differ, they should not be so far off the mark if you have followed the instruction they laid out. Forex robots were hyped to be an ATM but most, if not all, failed to deliver. Remember if it is too good to be true, it probably is.

How do you go about finding the best forex trading software? Well, perhaps the best idea would be to download a few representative programs and try them out within their return period to see what works best for your needs. If the software does not suit your purposes well, then submit a refund request. Another way to do some advance research on forex trading software would involve reading online product reviews and discussion forum postings from users of the software.

Automated Forex trading software is a PC program that analyses currency price charts, as well as other market activity. It determines the signals, it tracks spread discrepancies, and trends in price and news that may affect the market, in order to locate potentially beneficial currency pair trades. For instance, a software program will utilise criteria that the user sets, and will determine a currency pair trade that satisfies the predefined parameters for profitability, and it will also broadcast a purchase or sell alert. On this alert, the software can be programmed to automatically carry out the trade.
1. We do use it ourselves - every day! You can see the results from the live accounts throughout the website. The Forex market is so HUGE and no matter how many people trade the Robot its accuracy and profitability will remain the same - so why not take a few people along for the ride? They make money (by trading with FAP Turbo) and we make money (by showing them how to use it). Simple. Everyone's happy and we get to invest the profits from selling FAP Turbo into our FAP Turbo live accounts!
Edit: I am aware Tradingview is great for back testing and analysis - I have just found there are restrictions when it comes to more advanced trade management aspects and trade entry speed, etc. As mentioned - I have used Ninjatrader, I like the platform and it does everything I want it to do. My main issue is the limited amount of brokers supporting it and lack of mobile support. Would MT4 be a better option? Is it worth my time learning the platform?
Swissquote bank followed with top-tier licenses, and although the broker only lists 38 CFDs alongside 78 forex pairs, in a separate trading platform, which requires a different account, it offers nearly two million tradeable products. The broker also was the first bank to offer bitcoin as an underlying (non-CFD), in addition to creating an exchange-traded note tied to Bitcoin’s price on the SIX Swiss stock exchange.
Forex charting software can encompass a variety of computer programs that facilitate the review of foreign exchange rates using technical analysis methods. The more basic programs of this type will usually allow you to plot the progress of exchange rates over time for several time periods, to overlay some of the more popular technical indicators like RSIs and Moving Averages, and to draw trend lines.
Forex charting software can encompass a variety of computer programs that facilitate the review of foreign exchange rates using technical analysis methods. The more basic programs of this type will usually allow you to plot the progress of exchange rates over time for several time periods, to overlay some of the more popular technical indicators like RSIs and Moving Averages, and to draw trend lines.
Well, with automated forex trading software, you can have all of those qualities and more. Also known as algorithmic trading, black-box trading, robo or robot trading, automated forex trading programs offer many advantages. It is designed to function without the presence of the trader by scanning the market for profitable currency trades, using either pre-set parameters or parameters programmed into the system by the user.
On Wednesday of last week I asked Dr. Salim to withdraw part of the profits of $ 500 and I need this amount to pay the rent for the house where I live in. Dr. Salim, the manager of my account, agreed to open the withdrawal page and I conducted the process several times and two weeks ago. Dr. Salim is arguing with several excuses and tried to communicate via Skype and did not answer me and I failed dozens of times to reach him and tried to send him messages through the email and did not respond, so he brought me from his contacts
GAIN Capital’s Forex.com platform followed in fourth place, as the broker launched its responsive Web Trading platform powered by Trading View, helping to complement its innovative desktop-based FOREXTrader Pro platform. In addition to launching its web-based platform that runs on HTML5, the broker more than doubled the number of indicators to 139 in its desktop platform.
Candlestick charts present the same information with more visual variety. This type of chart uses two different colors to indicate the direction of change over time, one color for up and another for down. A thin line represents the range of prices offered throughout the day with a thicker bar filling the space between the open and close prices. Traders can determine whether the open price is higher than the close price based upon the color of the bar. Typically, lighter colors indicate a pair closed higher than it opened, while darker colors indicate a fall in price between the open and the close.
When it comes to Forex robots, there are always going to be traders who consider them a godsend, and those who consider using them is a lazy way to trade. Here at toponlineforexbrokers.com we prefer to sit on the fence. Rather than tell you they are the best thing since sliced bread, or a tool you should steer clear of, we’ll try and give you all the basic information in a unbiased and clear cut way. That way you can weigh it all up and decide for yourself whether Forex auto trading is the way for you.
Forex trading software is designed to seek out the most profitable currency exchanges. It automatically updates data every 15 minutes. Such software is an excellent choice for the novice trader as the data is manually retrieved. In these software programs, traders trade at small profit margins, thus minimizing the risk. With a very easy to understand interface, Forex trading software can be used by anyone.

While the all-in cost to trade can be critical for many traders, it is essential to look at the whole picture in terms of how a broker’s overall offering could best suit your needs. Questions to ask include: What are average spreads for the account types offered? How will differences in margin requirements or execution affect my forex trading volumes and related trading costs? These are just some of the questions that can help traders consider key differences between offerings.

In fact, the platform has a special community of resources available at ninjatraderecosystem.com, where you can purchase a trading robot that carries out order executions, receive daily education and training as well as customize your trading indicators, signals and strategies. A market replay feature also allows traders to download historical data and simulate trades for further practice.
The following is a comprehensive list of automated Forex trading brokers. You can rest assured that the automated Forex trading reviews listed below were conducted with the utmost level of professionalism and objectivity. We highly recommended that you read these reviews, open a demo account with several different automated Forex traders, and only then open a real account with the automated trading service that best suits your needs.
^{These software programs vary in their appearance and functionality and the users can capitalize on these factors while choosing the best Forex charting software for their Forex business. There are quite a lot of things users need to consider before they can go ahead to select the best Forex charting software for their business and some of them have been discussed below.}