Posts Tagged ‘forex robots’

Forex Bling Grid Specialist EA Released

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.

They also say there will be a new update release for the entire Forex Bling package by the end of this month. It will be version 911 (Nov 2009 version).
Live trading results speak louder than hundreds of pages of sales hype. So it is good to see Forex Hope are publishing live results for their Fore Bling EAs.

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.

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Dreaming of a Forex Pips Machine

Wouldn’t it be just fantastic if there was such thing as a forex pips machine. A surefire forex trading system that could identify and pull in pips with a few clicks of a mouse.

Is it really possible to code a Forex robot to intelligently trade under any market condition? Or would it really require artificial intelligence that equals or surpasses the capabilities and complexity or the human brain? While many Forex robot makers would have you believe that such complexity can be bought for under $100 and reside inside your personal PC. This is quite clearly ludicrous.

Don’t get me wrong. There are some very powerful and profitable Forex robots out there. And the best of them such as Gomega Xray trade very well, completely on autopilot. Unfortunately the best Forex robots are only available to a limited number of traders and they are expensive.

The Forex pips machine I’m dreaming about is both affordable, profitable and makes use of the best supercomputers on the planet. The human brain!

What if there were a set of trading rules that virtually guaranteed a steady stream of Forex pips. Give these rules to a machine and it will trade by these rules 24 hours a day, no matter what. The danger is, unless a machine has been programed to include external events or special circumstances, it will simply ignore them. The range of external events and special circumstances are virtually infinite. However as humans, we know rules are made to be broken. We’re not locked to a finite set of crude rules and instructions. We update, change and modify our actions according all the external events and circumstances instantaneously. Clearly a robot running on a fixed set of instructions can find itself a serious disadvantage to a human trader.

So perhaps the ultimate Forex pips machine would be a real live human trader who has had access to the best set of profitable trading rules. You are the real Forex Pips Machine.

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