
Top 5 Forex Expert Advisors
FAP Turbo
The authors of this Forex expert advisor promised to deliver the most
advanced Forex trading robot there has ever been on the market and so
far they have not disappointed the thousands of traders that were
eagerly waiting for the launch. The reason why Fap Turbo is so popular
is the fact that it offers a system that is more profitable and safer
than the famous Forex Autopilot.That is exactly what the market wanted.
Instead of using back testing reports to proof how profitable their
system is (like everyone else does), the Fap Turbo creators have so much
faith in their product that they publish real time statements of their
own live accounts on the this Forex expert advisor's homepage for
everyone to see.
Another thing that is very unique about Fap Turbo is the long term
commitment of the developers and owners of the system. This Forex expert
advisor is definitely not a product that will just disappear, it is here
for the long run and the creators are very committed to help every one
of their users make money in the future
Forex Megadroid
According to the creators, this Forex expert advisor uses a new
technique called Reverse Correlated Price and Time Analysis which they
guarantee that for every dollar you deposit into your Forex account will
be at least quadrupled.
Another unique feature about Forex Megadroid is the built in broker
protection feature. There is a widespread belief that most Metatrader
brokers trade against their clients and that, coupled together with
things like high spreads, offquote errors and slippage, it has become
very extremely difficult for a trading robot to consistently make a
profit. This Forex expert advisor is the first robot ever to be released
with a broker protection or anti-broker mechanism.
Forex Autopilot
This Forex expert advisor was one of the first commercial Forex robots
to come onto the scene and it was by far the most popular product on the
market before the launch of Fap Turbo. This forex robot uses various
different indicators to identify trends on the EUR/USD currency and the
result is an extremely accurate system that has a success rate of more
than 90%. One of the big problems with this Forex expert advisor is the
fact that trades can sometimes go into large drawdowns of up to 500 pips
and more. This does not happen often, but it does happen.
Forex Funnel
This Forex expert advisor is another automated Forex trading system like
Fap Turbo, but with one major difference - it uses a much more high
risk/high reward approach to trading. Forex Funnel uses a varient of a
famous gambling strategy called the Martingale principle in it's trading
approach.
When used in Forex trading, the strategy effectively has a 100% success
rate, meaning there are no lost trades, but there is also the risk of
losing your whole account on one trade if you don't have enough capital
to work with.
Pips Leader
This Forex expert advisor uses a "basket trading" strategy, which can be
extremely profitable and low risk if you understand the margin
requirements and enforce strict money management rules. The core of the
Pips Leader system relies a lot on hedging, so make sure that you select
a broker that allows hedging before opening a live account.
This Forex expert advisor can have up to 30 open trades at any given
time and the key to success with this system is to understand the margin
requirements.
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Forex Market Technical Analysis.
Understanding Forex Signals.
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