Forex Robo Trading

Posts Tagged ‘forex bling’

The Thunderbolt EA which is part of the Forex Bling suite of Forex robots, resumes its upwards march regaining almost all of the lost ground from the previous month. From a starting balance of $10,000 now looking set to break $23,300.

It is good to see more and more Forex robot creators publishing live results rather than a set of back tests or screen shots. It was FapTurbo at the end of last year who broke new ground with their live results published directly on their sales page. In fact much of Fap Turbo‘s claim to fame was that they were the first robot publishers to do so. Raising the bar for all Forex robots.

While it is great to have forex EA creators publish their own live results it still not so easy to compare one set of results to another. Which is why I am returning to my project to compare all the top forex robots in both live and back tests. This is going to be a major project and for this purpose I will be setting up a dedicated website at LiveMT4.com

2010 looks likely to be a roller-coaster year for the currency markets with plenty of FUD (Fear Uncertainty and Doubt) to fuel big currency movements. This is going to suit some trading methods better than others.

While many Forex robots can and do trade profitably most of the time. Automated trading is not for everyone. When real money is on the line, many people prefer to pull the trigger themselves but you have to know what you are doing.

Correlation Trading

My personal pick for best trading system for the year ahead would be Jason Fielder’s Correlation Code. Why? When the big swings occur, and they will, this is the best set of proprietary tools and methods I’ve seen for analyzing and trading on breaks in currency correlations. Knowing when and in which direction to trade and when not to trade is the difference between making good gains or wiping out your account.

Technorati Tags: correlation code, correlation trading, forex bling, forex hope, forex robot results, forex trading ea, jason fielder, live traind results, Thunderbolt ea results, thunderbolt robot

The Forex Bling team have just announced their Grid Specialist EA will be available at the end of November 2009.

The Forex market conditions are constantly changing, sometimes trending, sometimes moving sideways, sometimes calm and other times extremely volatile. While some forex robots may trade well in certain market conditions they may not perform so well when the market conditions change. No single robot can do well all of the time. This is why the Forex Bling package is in fact a set of Forex EAs. You can run any or all of them at once and change the percentage of your account balance each robot will be able to trade on. In the Forex Bling website members area they publish the performance on each EA on various currency pairs so you can optimize your set of robots accordingly. For example, if you want to trade with $1000, you can divide it and trade $250 using breakout trading, $250 using trend following, $250 using grid trading and $250 using the scalping EA.

While the Forex Bling package has been billed as 3 robots in one, it is in fact more like 5 Forex robots in one. Six if you count the Fractals4 EA that is included as a bonus.

• Thunderbolt EA – Scalping trading system
• Thunderstorm EA – A new Scalping Trading system for EURGBP and EURCHF
• Freedom EA – Trend Following Trading
• Evolution EA – A Breakout Trading system for EURUSD
• Grid Specialist EA – Automated Grid Trading system
• FRACTALS4 trading systems. (Bonus EA)

Forex Hope say you will get an additional license special for the Grid Specialist EA. So you could run it on a separate account if you wish. According to Forex Bling, their new Grid Specialist EA has increased a live trading account balance from $10,000 to $29,773 in just 6 months. They have links to live trading results on their website here.

This certainly looks like an absolute bargain considering it all comes with a standard Clickbank 60 day money back guarantee. More than enough time to trial it on a demo account.

Keep an eye out for my full Forex Bling review, coming very shortly.

Technorati Tags: 3 in 1 robot, evolution ea, forex bling, forex ea, forex hope, forex robots, FRACTALS4, freedom ea, grid specialist, grid specialist ea, new forex ea, thunderbolt ea, thunderstorm ea