Advantages of WallStreet Forex Robot

here aresome of the many advantages of WallStreet Forex Robot:

    - WallStreet Forex Robot is the only forex robot with 5(five) intelligent built-in protection systems.

    - WallStreet Forex Robot has a unique risk management algorithm that allows effective current drawdown    compensation.

    - WallStreet Forex Robot comes with the best support.

    - WallStreet Forex Robot is the only forexrobot with which one licence is valid for three real accounts.

    - Onetime payment = Lifetime membership + Lifetime support + lifetime updates.

WallStreetForex Robot was developed by a team of professional traders and software developers with over 30 years’ cumulative experience in forex trading and developing automated trading systems.

WallStreet Forex Robot is based on the probably best time-proven trading method: low-risk scalping following short and medium-term trends. This method has proven it worths ever since forex has been traded online. It generates millions of dollars of profit for the professional forex traders that use it. 

By using this uniquely stable trading principle which has proven its profitability over the years, we offer you a powerful weapon which allows you to generate profits at low risk and enables you to become one of the few to boast forex trading success.

Since WallStreet Forex Robot is a software product, it acts in a manner that is 100% unbiased at all times. WallStreet Forex Robot is not swayed by emotions, transient indispositions or other negative factors and circumstances, assessing and performing each potentially profitable market situation entered in its program logic with 100 % correctness and discipline.

WallStreet Forex Robot has an in-built automatic risk-calculating algorithm that automatically determines trading volumes on the basis of account risk percentage per individual deal. Moreover, there is an option to activate a unique algorithm to effectively compensate any current drawdown.

WallStreet Forex Robot identifies and closes any deal in a 100% unbiased manner, never departing from its programmed trading logic: something of which even the most disciplined trader is incapable.

WallStreetForex Robot was developed by a team of professional traders and software developers, each of whom has given the best of their knowledge, skill, and experience in designing this unique product.

WallStreet Forex Robot opens positions against daily movements only where such moves have a high probability of success and by keeping to a trading method which has proven itself over the years through use by many professional traders.

As any professional trading system, WallStreet Forex Robot protects each position through defensive Stop Loss orders, making it impossible to lose an account in an individual transaction, as happens to all too many traders who fail to set defensive stops.

Probably the biggest mistake many traders make is to pile more and more on to losing positions in the hope that the market will turn. This, the major reason for account losses is one that we as WallStreet Forex Robot developers know all too well; we would never put you in this situation.

Expert Advisors: A Boon Or A Bust For Forex Traders

By Tom Herod 

 Expert advisors are not magic money machines. They are just software programs written to automate currency trading systems. Expert advisors are commonly referred to as EA, robots or auto-traders and, depending how you use them, can be a blessing or a curse.
In the currency exchange market, robots are most often written for the MetaTrader 4 (MT4) trading platform. In order to develop your own MT4 robot there are a couple of prerequisites of which you should be aware.


- First, you need a basic understanding of the MetaQuotes Language (MQL4), MT4's programming language for automating technical indicators and trading strategies.

- Second, you need a trading strategy you feel is successful. After all, if you don't have a trading strategy you don't have anything to automate.

After your robot is developed it may be linked to a currency chart where it can trade your account on autopilot, interacting with your broker's server.

Expert Advisor Advantages
- Consistent execution! Since an EA is an automated implementation of your trading strategy, it will execute that strategy in a consistently robotic fashion. It will execute your strategy - first time, every time - without deviation according to the trading rules you have defined.

- Dispassionate operation! An EA possesses no human emotion (the enemy of all traders). It has no fear or greed to make it quit profitable trades prematurely or losing trades too late. It will just trade how its programmed to trade.

- 24 hours a day! That's right, a robot operates twenty four hours a day, unchaining you from your trading station. Liberating you from keeping an eye on currency charts for entry and exit signals affords you more time to spend on developing your trading strategies, performing back tests and studying the market.

- Multi-tasking! Finally, an EA has the ability to monitor multiple currency charts concurrently, uncovering many more trading opportunities than you could discover and analyze on your own.

Expert Advisor Disadvantages
- It is impossible for a robot to possess human intuition or to recognize non-programmable issues. As a trader, you must always consider the big picture, being aware of market fundamentals and the myriad issues which might affect the ebb and flow of the market throughout the day. In other words, as a human being, you have the ability to understand when to turn the expert advisor on and when to turn it off - a robot doesn't.

- Many novice traders mistakenly believe that a robot will turn them into more successful traders. When, in fact, instead of turning them into consistent winners it may turn them into more consistent losers. Their only real gain will be in the freedom they get to hone their trading skills while the robot is trading their account.

Selecting An Auto-Trader
There are literally thousands of automated forex traders commercially available - some excellent - some not so good. If you're thinking about buying a robot then it's important to understand how it operates and whether or not it suits your trading style. Begin your due diligence by reading forex robot reviews and conducting comprehensive analyses to ensure that the EA you plan to purchase is going to help you meet your trading goals.

Tom Herod is a full-time currency trader and developer who writes custom indicators and expert advisors for the MetaTrader platform. He also blogs and writes reviews for commercially available MT4 Robots, including the popular Forex MegaDroid, FAP Turbo, Wallstreet Forex Robot, and many more.

Article Source: http://EzineArticles.com/?expert=Tom_Herod

Capitalize on Forex Robots by Reading Their Comprehensive Reviews

By Allen Shore Collins 

A forex robot or Expert Advisor is a software program that will automatically handle the currency trading process on behalf of you. It enters and exits the trade with the primary purpose of generating a profit. These forex robots never follow up on impulses and ascertain trades on the basis of pure facts, thereby reducing the likelihood of human fault.

They are programmed to make decisions exclusively on the basis of data they gather. The algorithms integrated into these automated FX trading bots analyze a massive amount of data on a regular basis, even putting together information to
forecast valuable long-term trends. Among other advantages, forex robots can bring down the trader's transaction costs by providing with cash bonuses for every foreign exchange trade the trader executes. For example, if one's robot trades 30 lots per month and is receiving a rebate of $5 per lot, then he will receive $150 for free every month. This adds up to over $1500 per annum just for trading.

One should always buy a robot that can be easily set up and accessed on a remote web server, which will let its host to gain an access to his account from any part of the world.

The profit goal may vary from one individual to another. One person is satisfied making $100 per week while another may be seeking millions from the use of their FX robots.

A forex robot review can give valuable insights into the features and performance of the software system. Brief reviews of some automated programs are mentioned below:

The Forex Bling team has designed a comprehensive robot package to trade with four dissimilar strategies, namely trend, breakout, scalping, and grid trading. It can assign different amounts of capital to different Expert Advisors. With Forex Bling, one will get a free traders' coaching club membership with support manual and free updates for lifetime. It works with key currency pairs.

Coming to another forex robot review, Forex MegaDroid is a very unique FX bot created by expert forex traders and recommended by FapTurbo creators. These robots on MetaTrader deliver topmost performance and they can do anything, from giving somebody a signal to execute a trade to place and manage the trade for their hosts automatically.

Like other software systems, Pro Forex Robot was developed by expert mathematicians with the guidance of Ron Carter who has over 28 years of currency trading experience. It runs completely unattended, gives the best performance and starts trading in minutes. The program also has simple setup process and offers a significant percentage of winning trades.

Even though forex robots increase one's profits, the final decision should be taken by the trader. Foreign exchange trading is more or less like a gambling and these systems cannot predict the future accurately always. However, they keep on trading round the clock while their hosts sleep.

Allen Collins keeps a close watch on the foreign exchange market and offers the forex robots through his website. Each forex robot review at the site is filled with a vast amount of latest information to help you make the best decision. Also avail 50% discount on the purchase of any system.

Article Source: http://EzineArticles.com/?expert=Allen_Shore_Collins