Sunday, May 3, 2009

The Best Forex Expert Advisor

Why Trade With Expert Advisors?

-------------------------------------------------------------------

Why do 90% of forex traders lose?

Traders are humans and like all humans, we suffer from greed. Like all humans, in crucial moments (or market conditions) we lack confidence, we have fear of what might happen and most importantly, we are usually (90% of the time) - inconsistent.

Taking this into consideration, 90% of traders WILL LOSE MONEY IN FOREX. They will consistantly give away their money to the other 10%.

This, together with the illusion of becoming millionaires overnight trading some "guru's" trading system from an ebook, is what keeps the Forex market a great business for Forex brokers and the so called guru's.

If you really understand this, then you can actually
MAKE MONEY IN FOREX...How?

-------------------------------------------------------------------------------

Forex Expert Advisor Software - The Benefits

What is expert advisor?

An Expert Advisor is a "robot". Robots beat humans at chess and they beat humans at trading.

An EA robot will watch the market for you, placing trades under certain parameters (strategies), avoiding the fear, greed, lack of confidence and inconsistency which characterizes most traders.

An Expert Advisor has a plan. It sticks to it no matter what, no matter how ugly or uncertain the market looks. It has no greed and will be running 24 hours a day for you.
No trades on weekends.

An Expert Advisor (ex4 file) is not a windows-based program. It is a script (plugin) for Metatrader4 and can be run only inside Metatrader4 software.

-----------------------------------------------------------------------

Important

Forward-testing is the act of running the expert advisor live but trading on a demo account. Forward testing is even more important than back-testing as it gives you a good feel of how the expert advisor trades and reacts in different (LIVE) market conditions. Forward-testing is KEY in your decision to purchase an expert advisor and in determining whether or not an expert advisor is reliable and profitable enough to trade with real money -- it's as close as you can get to seeing how it performs live.

-------------------------------------------------------------------------------
Here you can see live test :