Forex Robots
Review
"Beware of Forex Robot Scams!"
FREE - Read this shocking truth &
brutally honest review of a fraud investigator to save your hard earned cash from Forex Robot
scams.
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Hi, my name is Phil Poland. I've been in Forex Trading for over five years and
literally spent over ten thousands buying various Forex systems.
Forex Robot is a big trend these days among the Forex community. The robot presents
a HUGE opportunity to make money and capitalize on the failing economy.
Whether you have a large amount of money or not, it has emerged as a major revenue stream for tens
of thousands of people!
But beware of how you
approach this opportunity...
There are few hundreds EAs available in the market... plenty of hype too,
influenced demo testing and promises have been made by the developers...
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To be honest with you, most of them are bad, scams or just a duplicate copy with slight changes
from other profitable EAs. Some of the developers are just the average Joe who knows nothing about Forex and just
wants to make a quick buck selling some B.S. Forex robot....
Hence, selecting the quality robot can be a daunting task. Here are the few EAs you may had heard
about...
All of them claim that you just need to push a button and cash automatically filled your trading
account.
Come On... Nothing Can be that Easy and Make Money,
Right?
Well, Yes and no. You can make a lot of money but you can also loose a lot of money as well. It's all depend on
how you trade them and the rules coded into the robots.
As I said previously, proceed with caution. You have to choose the right one to use.
When I first started researching and using these different EAs, I noticed something startling. ONLY FEW SHOWED
ME PROOF THAT THEY WORK!
Don't buy any Forex Robot unless it meets these 4
criteria...
There are 4 main criteria that
make the robot a good robot:
1. Backtested
Most vendors will sell you their Forex robot based on successful backtesting. Backtesting is
important as it shows us that the robot can potentially profit on live trading. However, you shouldn't just
focus on backtested result and it does not guarantee a successful forward trading.
Why? Because the backtester can ignore market conditions. In live trading, you might see the
gap in price during a news announcement and market spikes. You may also see the big spread between bid and
ask prices of the currency pairs which may affect your trade due to excess slippage.
2. Forward Live Trading
The obsolute best proof is live trading. Not many robot vendor use live trading to support
their claim that their robot is the real thing. By looking at the live trading account, you can see how
accurately is the backtested report of that robot.
3. Money Management
No matter how well a Forex robot seems to be live trading or backtesting, we can never know
what the future result will be. Hence, we must employ adequate safeguards - sound money management rules. This
is the KEY to successful LONG TERM wealth building via Forex trading.
4. Low Drawdown
Drawdown represents the total percentage loss experienced by a strategy before it starts
winning again... and drives the investment balance back up.
Taking drawdown into consideration, you can judge just how risky these automated strategies
are. You will see some out there that have a 40% or even higher drawdown in their reports. With those kinds of
odds, you better have one heck of a strategy to back up that high of a risk level.
A good robot should be below 15% drawdown, which means you have an expert advisor backed by a
rock solid strategy that would take an absolute miracle to bankrupt an account.
These are the 4 important criteria you should focus on when making
your decision for the Forex robot.
In overall, I genuinely only need the fingers of one hand to count how many truly good Forex
robots there are in the marketplace right now and at the top of our list are...
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Click here to try this software for 7
days at only US$1!
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NOTE: These guys spend a lot of time,
effort and money in order to produce top notch Forex robots. I have tested that it is working and also make
sure they are the genuine developers that provide good support and not just a copy from another profitable
EAs.
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 FAPTURBO is one of the few robot that meet the above stated criteria. They
even show you their live trading result that updated every 15min!
There are so much hype about this robot but it does really work! More than
55,000 people worldwide trade with fapturbo and make millions in combined
earnings every day...
FAPTURBO has 2 built-in strategies:
1. Short Term Scalping Strategy
2. Long Term Advanced FAP strategy
Each strategy is designed for its own timeframe & currency pairs. For example
Long term strategy works only on EURUSD M1. The scalping short term strategy works on 4 pairs:
EURGBP, GBPCHF, EURCHF & USDCAD, M15 Timeframe.
Both strategies are built inside one FAPTURBO expert advisor and can be switched on
and off easily. Each strategy uses its own designed timeframe and currencies so be sure you use the
strategy on proper currency pair and timeframe. You will find full details on each strategy and its
parameters in the FAPTURBO Guide and Video Tutorials.
The reasons FapTurbo is rated #1 versus others because
 Click here to read more about FAPTURBO!
PS. Anyone can do well with FAP Turbo, but if you're
serious about breaking the bank then this Ultimate FAPTurbo Expert guide is exactly what you need! Click here to check it out.
LATEST UPDATE: The New Fapturbo Ichimoku is
available for all Fapturbo users. You need to own the FapTurbo license in order to trade with
FapTurbo Ichimoku.
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 Forex MegaDroid is the first Forex robot to use state of the
art built-in Artificial Intelligence Technology as well as a next generation Market
Timing Algorithm.
John Grace and Albert Perrie, a combined 38 years of Forex trading experience, have
produced the unthinkable: a Forex robot that sees into the immediate future (2-4 hours)
with 95.82% Accuracy.
They call their new invention RCTPA = Reverse Correlated Time
And Price Analysis.
This is the first robot that uses a new technology and strategy that places trades
looking into the future with accuracy rather than into the past with hope (like all current robots
do).
This new robot has turned every dollar on deposit from January 1st 2009 to over $3
to date. That's impressive and only possible by employing new technology and trading concepts.
How can it "see into the future" with a 95.82%
accuracy rate?
It is possibly to accurately see future market behavior with such degree of
accuracy rate only if you are aiming at a short period of time, i.e. 2-4 hours forward.
This 2-4 hour window is all the robot need. Forex MegaDroid
bases all its strategy in very short time frames. It is a scalper rather than
a day or medium term trader.
RCTPA and the integration of advanced Artificial
Intelligence has allowed this robot to push the boundaries further than any industry
expert has ever thought possible.
Furthermore, Forex MegaDroid has a unique built-in mechanism that allows it to be
undetected by Forex Brokers. Some unscrupulous Forex brokers will raise the spread
on the currency pair you are trading during specific hours the robot trades (making the robot not
profitable anymore). With this “Broker Buster” mechanism, no Forex Broker in the world will ever
know you are trading with Forex MegaDroid, no Forex Broker will ever be able to stop Forex
MegaDroid from at least quadrupling every dollar you deposit!
With these features, combined with a rock solid core strategy, Forex MegaDroid has
brought a whole new level of reliability and low risk to Forex robot.
Click Here for Forex MegaDroid Discount Now!
PS. There is an interesting advanced MegaDroid
tactics released by Berjamin. Click here to check it out.
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Forex MegaDroid vs
FAPTurbo
Both Forex MegaDroid and FAPTurbo is a scalper, that aim to do one single
thing:
Find very good risk/reward opportunities within the 24 hour trading session
and “grab” a small number of pips (generally, not more than 10 pips).
However, they are geared towards different types of traders.
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Forex Megadroid is well suited
to the trader who does not mind less action in order to wait for those very accurate
and safe trading opportunities.
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FapTurbo is geared towards the
more aggressive trader who wants to see more action on his or her account (since it
trades almost every night).
Forex MegaDroid is designed to trade EUR/USD with H1 timeframe. Many
traders trade it along with FapTurbo as their Scalper does not trade EUR/USD.
They simply complement each other very well!
There are tactics to increase the frequency of trading for Forex MegaDroid.
Find out more details here.
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 The Forex Bullet Proof is a robot designed by some very well known forex
market traders – the team that brought Forex Killer, Forex Autopilot, FAPTurbo, And FAPTurbo
Evolution.
There are a lot of hype about Forex Bullet Proof robot. The hype
come from a few of the incredible highlights:
... averaged a 5% monthly gain for the last 6 years
... Over 4000 lines of code make up this robot, while the average EA has just
409 lines!
... the first commercially available Forex Robot to be coded for Strategy
Trader – the latest trading platform from FXCM!
Anyway, due to the good reputation of the FAPTurbo guy, it’s worth our time
to take note about this robot.
The Forex Bullet Proof package includes a the basic robot and a couple of
additional products.
The basic robot trades using an optimal trading strategy that incorporates a
low risk strategy to offer a safe base to build on. For those traders who don’t have a high
tolerance for risk it is best to stick with this strategy.
The robot does use progressive lot sizing which means increasing lot sizes
after losing trades. However, this is limited and safeguards are used to stop the trading sizes
becoming dangerously large.
I’m pleasantly surprised by the very few settings that need to be managed.
There are quite a few settings that might need to be adjusted or tweaked slightly. For those who
are intimidated by a lot of settings this will be a welcoming experience indeed.
Forex Bullet Proof is a very easy robot to operate … it just works right out
of the box.
Click here for more details now.
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 Forex Robots need to be trading 24 hours a day, 5 days a week, using your
computer resources. Interruptions in the work of the robots may result in missed trading
opportunities or money lost.
If you're serious about Forex Robot trading, you need a Virtual
Private Server (VPS). The developers at FapTurbo recommend Forex Hoster and EZ Forex Host.
There are plenty of unhappy traders with Forex Hoster due to their bad service support.
I found one provider – Forex VPS and quite happy with them so far. The service only cost you US$35
per month. Much lower than the folk at Fapturbo recommended!
Click here for more details of their plan.
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| Comparison |
Fap Turbo
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Forex MegaDroid
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Forex Bullet Proof
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Average Robots
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Profits on Backtest
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Yes
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Yes
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Yes
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Yes
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Automatic, 100% Hands Free
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Yes
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Yes
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Yes
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Yes
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Automatic Risk Scaling
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Yes
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Yes
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Yes
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No
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High Trading Activity
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Yes
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No
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Yes
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No
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High Spread Protection System
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Yes
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Yes
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Yes
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No
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Trades Multiple Currencies
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Yes
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No
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Yes
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No
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Build In Loss Prevention
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Yes
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Yes
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Yes
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No
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Low Drawdown
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Yes
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Yes
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Yes
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No
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