Archive for September, 2009
Forex NightFox
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Forex NightFox is an automated Forex trading system which has two unique aspects to it. It has a sophisticated money management system and it works in Asian markets. While there’s not much information about how it works in these markets (since the proof of results is in the main currency pairs, such as EURUSD and EURGBP), but I think it does that by trading at specific times when the Asian market is active. In other words, it’s built to trade at specific times of the day.
Forex Warlord
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Forex Warlord is a new Expert Advisor, a system that promises to make you consistent profit by trading Forex automatically. The proof it provides as usual looks good – that’s pretty standard. But the way that this robot tries to be unique is by combining 3 different systems in one EA. The idea is to achieve a better reliability.
Forex Enforcer
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Forex Enforcer from the creators of Forex Decimator is a brand new automated trading software (EA) which claims to have addressed the major problems traders have had during the past 12 months. There are no specific details as to what problems exactly it has addressed, but as its best feature the creators list its ability to adapt to any market conditions.
Forex Trend Scalper
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Forex Trend Scalper as the name suggests is an intraday trend scalper. One thing we can be sure of – it will make enough trades. The product comes with a set of extra 4 indicators for Meta Trader 4 to suit any market conditions and a starter’s kit for those new in Forex.
Forex Trend Scalper can be used to trade either automatically or manually. It’s comes with an EA as well as the indicators and strategies for manual trading.
Forex Invader
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Forex Invader is yet another expert advisor promising to get you outstanding results and make you money on autopilot. I will skip all the promises it makes, most of them are exaggerated as usual for marketing purposes.
Forex Supernatural
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Forex Supernatural is another automated Forex trading robot. What’s so special about this robot is that it is very active. It’s a scalping robot and trades every day. That of course adds a hazard to quickly lose money – you have to be careful about that, especially considering its profit-reward ratio is rather small at 1.2. But the potential is there nonetheless.
Forex Apocalypse
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Forex Apocalypse is one of those Forex robots that shoots high. It claims to have turned the $3,000 account into $100,000 in just over 14 months. That’s a huge return on investment and not an often automated trading software makes such claims (unless they are outright lying). It also claims to have a nearly 100% winning rate which is supposedly why such profits are possible.
Forex Bling
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Forex Bling is an automated Forex trading system employing 4 types of trading methods – Trend Following Trading, Breakout Trading, Scalping Trading, and Grid Trading.
Separating its functionality into these four parts makes the software flexible and allows traders to adapt their own trading strategies. And as such, the package consists of 6 expert advisors:
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Best Forex Software
There’s a ton of Forex software to choose from, but to be honest, very few are really any good. It’s a big market with a great demand so there will always be those trying to make a supply but they don’t always deliver quality. The purpose of this article is to compare the best Forex software that already beats 99% of their competitors and to try to select one which we would consider the best of the best. So let the contest begin.
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Forex Typhoon
Normally I don’t even write about software that has no firm ground to it and looks like a copycat of a system that you can get for free. But I will make an example of what to look out for. Now, I must admit I haven’t bought it and I don’t claim that it is a copycat or anything, but it just looks like someone decided to make some money by selling air.
