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Archive for March 19th, 2009

Forex Robots with more Risk

March 19, 2009 By: The Forex Noob Category: Forex Tools, Preverbial Other No Comments →

This is probably a totally forex noob question but I’m going to ask anyway.

Is there a forex robot that takes advantage of more volatile times?

OK, before all you forex pros get started on my let me set up the question better. I am testing the sample EA’s installed with MT4, playing with SecretEA from Forex Systems Reviews and FAPTurbo. All are making some money generally in small increments with some small losses tossed in. SecreteEA has made very few trades but all have been positive and decent profits. The MA and MACD EA’s installed in MT4 make more trades, MA the most, but often give small returns or losses ($7-120 or -$12-54). FAPTurbo is now running solo on an account and over 36 hours it is up about $360 with 5 trades. No negatives. Yesterday I gained $10,589. Did $8k in an hour. Things got hot and positions I placed early in the day paid off.

I understand the robots in general are programed to be conservative and make money over the long run via smal relatively safe trades. That’s great and profits are what we are all about but out of curiosity and perhaps later when I have a few more bucks I’m willing to risk I’d be interested in a bot that takes advantage of the wide swings. It could mean great profits, and yes, great losses, but would be worth playing with.

Any suggestions?

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Forex Robots with more Risk
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