There are a lot of automated forex trading systems to choose from and here we are you going to give you a simple free robot that has made millions over the years for disciplined savvy traders and you can use it too...
Firstly, most of the automated forex trading systems you see heavily promoted on line are junk - they come with paper, back tested simulations and have never even been traded. They rely on hyped clever marketing to get sales but they don't work and the trader loses his equity.
The one we are going to look at here is very simple but that doesn't mean it doesn't make big gains, it does and it will continue to do so.
Before we look at why it works, lets just look at the rule of the system and it only has one - making it one of the simplest automated forex trading systems you can get.
Buy a new 4 week calendar high is price then, look to sell a new 4 calendar low, then do the same in reverse i.e. buy the next 4 week high and maintain a position in the market at all times.
That's it - and while it's simple (you can do the calculation in your head - it works. So why is it so effective?
- It's a breakout system and most major moves start from new highs or lows, so this system will get you in on all the big trends.
- It will get you in on all the major trends and a glance at a forex chart, will show you the big trends last for many weeks, months or years
- The rule is objective and you can simply follow it, you dont need to think its automatic.
Another great advantage of this forex robot is it takes very little time to operate, just 15 minutes a day.
It was actually devised in the late seventies, by well known trader Richard Donchian and has been used by traders all around the world ever since.
Many traders though wont use it despite the fact it's so profitable and here are the main reasons:
- For some reason traders think complex systems work better but they don't, simple systems are more robust and the above is simplicity itself.
- It's not a flavour of the month method, like a system based on Chaos theory or artificial intelligence.
- Its not fussy about picking tops and bottoms - you cant predict these of course but traders like to try and lose.
- Its not mystical, people love ridiculous theories such as Gann, Elliot Wave and Fibonacci despite the fact they have not found the order in the market they claim.
A Quick Way to Seek Big Gains
In forex trading to make money you don't need to be complicated and you don't need to put in lots of time, this is a myth. The effort you put into your forex trading strategy has no influence on the amount of money you will make.
A System Which Works and Will Continue to Work
The aim of trading for the serious trader is based upon the money he puts in his pocket. If you are serious about making money this system is simple, logical, is easy to understand, works and will continue to work, as long as markets trend and I don't think that's ever going to change!
If you want to make money take a look at this free automated forex trading system and you will be surprised at just how much money it can make you in around 15 minutes day.
Simple absolutely - but it makes big long term gains and if that appeals to you, check this forex robot out and you maybe glad you did.
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