Welcome To Cynthia's
Forex Robot Support Trading Website!
Robots are Hot!
They are the Future
and the future is NOW!
PLEASE BOOKMARK
THIS SITE NOW!
Since you
are here, it means you have probably purchased
a robot (EA or expert advisor) thru an affiliate
link of mine or you are interested in forex
robot trading on the MT4 (metatrader platform).
This webpage
will be constantly updated, so check back weekly
for new robots and updates. If anything
disappears from my site, it was a dog or is
not offered anymore by the vendor.
First thing
for you to do is to get on my special robot
support group mailing list so I can easily keep
you informed of tips and tricks for getting
the most out of robot trading and special updates
and information. Sign up and receive my
FREE Robot Review Report!
Look for an immediate
email reply (sometimes it goes in your spam
box!) and click the confirmation link inside
and you'll get your first email with important
info. If you don't get the immediate confirmation
email, then your ISP has blocked it...please
try another email address to send from...gmail
always works.
SPECIAL REPORT ON US BROKERS!
(written by
Scott Wang of MT247)
IF YOU ARE A US TRADER, WHERE ARE YOU GOING
TO TRADE NOW?
I'm creating this
USA Broker Comparison chart to help our US-based
members who are moving from overseas brokers
to brokers in the USA.
If you don't reside
in the USA or trade in the USA then this page
will not apply to you.
The information on this page is
current as of October
14th, 2010
Let me be clear, right away:
FIFO and No-Hedging are rules that all US-based
brokers must follow, and the ones listed below
do follow the rules.
The difference is
in the method of enforcement. See below:
Broker
Min Lots
Min Deposit
FIFO Enforcement
No-Hedging Enforcement
Gain Capital (Forex.com)
0.01
500.00
MT4 Platform
MT4 Platform
FXDD
0.01
250.00
Back Office
Back Office
IBFX
0.01
250.00
Back Office
MT4 Platform
FXCM
0.10
2,000.00
Back Office
Back Office
Alpari
0.01
250.00
MT4 Platform
MT4 Platform
MB Trading
0.01
400.00
Back Office
MT4 Platform
ATC Brokers
0.10
5,000.00
Back Office
Back Office
What
is the difference between
Back Office and MT4
Platform enforcement?
Some
brokers keep your official
account record in a
Back Office system.
This is the official
system that maintains
the official trade record.
You get your trading
statements from the
Broker's website and
not from the MT4 Account
History. Sometimes there
are slight differences
between the MT4 platform
and the Back Office
due to split-second
delays in the bridge
or small calculation
differences. These are
rare and only a penny
or two when it happens,
but it means that your MT4 platform
is a "gateway" to your
trading account, not
the official account.
When brokers use "Back
Office" enforcement,
it means that these
rules are enforced
automatically
for you on the
Back Office account.
However, in your Metatrader
4, you still experience
full trading functionality,
so all your EA's work
properly as they should.
When brokers use "MT4
Platform" enforcement,
it means that the rules
are enforced directly
in the Metatrader 4
platform. If you attempt
to place a hedged trade
you will receive a "Hedging
Prohibited" error message.
If you try to close
out a 2nd position before
a 1st position, you
will receive a FIFO
error message. In these
cases, your MT4 platform
does not have full trading
functionality and some
of your EA's may not
work properly.
Note that FXDD is
the only one that
offers full trading
functionality with the
ability to trade micro
lots (.01). If you're
going to open an account
there, please email
me to find out more
and my recommended
approach.
A. Pick a robot or program to trade from
the side links on the right
B. How to install your robot (EA) on your
MT4 platform (with a video)
C. Need a Virtual Server so you don't
have to leave your own PC running the entire
trading week?
Here's where and how to do it (with videos)
D.
My Recommended Brokers
E. Contact Info
A.
Pick
a Robot
(EA)
or Trading
Program
from
one
of the
side
links
on the
right.
Buying
thru
my affiliate
link
ensures
my support
for
the
product,
since
providing
support
costs
me time
and
energy.
B.
Learn
how
to install
your
EA on
your
MT4
platform
How
to install
and
activate
an Expert
Advisor
on MT4
C.
Virtual
Server
Info
Your Robots need to be run in
a safe environment where the electricity and internet doesn't go down.
After
testing
several
VPS
companies,
I've
finally
settled
on the
one
that
gives
me no
trouble,
unlike
all
the
others
I've
tried.
For
only
$30/mo,
you
can
have
a Trader's
Desktop
VPS
and
run
approximately
6
demo
or live
platforms
(it
will
depend
on the
RAM
usage
of your EA's
and
indictors
used).
CNS
Trader’s
Desktop
is a
hosted
Windows
desktop
and
the
only
virtual
private
server
specially
configured
for
traders.
As a
hosted
Windows
desktop,
Virtual
Desktops
keep
running,
even
if you
lose
your
Internet
connection
or run
out
of battery.
The
Internet
speed
to your
virtual
desktop
is always
fast,
regardless
of your
own
connection
speed.
They
are
accessible
from
any
Windows
PC,
web
browser,
mobile
phone
and
even
Macintosh
computers.
Commercial
Network
Services
Trader’s
Desktop
features
a special
maintenance
window,
outside
FOREX
trading
hours,
so your
trading
session
is not
interrupted.
CNS
Trader’s
Desktops
features
world
class
24/7/365
technical
support
backed
by a
team
who
understands
traders.
Choose your data center in
either New York, London or San Diego to get the lowest
latency so your trade executions are lightening fast!
Read about the CNS Data
Centers by clicking the banner:
Video
Tutorials
My
preferred
VPS
company,
CNS,
has
kindly
provided
some
helpful
videos
for
the
Traders
Desktop
VPS.
These
videos
are
to help
you
purchase,
set
up and
configure
a Windows
Virtual
Private
Server
(from
now
on referred
to as
a VPS)
for
the
purpose
of running
a MT4
trading
platform.
As this
website
is distributed
to many
people,
I will
not
be able
to provide
any
technical
support
with
regards
to setting
up your
VPS.
In these
videos,
you’ll
learn
how
to :
*
purchase
a suitable
Windows
VPS
for
running
MT4.
*
set
up a
shortcut
to access
your
VPS
in console
mode.
*
configure
your
VPS
to automatically
log
in using
the
administrator’s
account
after
a restart.
*
configure
your
MT4
software
to start
automatically
when
Windows
starts
up.
*
configure
your
VPS
to reboot
on a
fixed
schedule
to keep
it running
healthy.
PLEASE
CLICK
HERE
TO ACCESS
THE
VPS
VIDEO
TUTORIALS
ECN stands for
Electronic Communication Network, and ECN brokers
are
true brokers that connect you with the banks.
During the news, they
will usually not give you fills before the spike,
but within a few
seconds of the spike, their spreads will become
normal, and you will
be able to open and close trades with normal
spreads.
Trading volume is what they are after, they
make their money on your
trade volume, so there is no need for them to
cheat you via re-quoting
or stop loss treachery … entry and exit is a
breeze! They love scalpers
and scalping robots because of the trading volume.
BENEFITS OF USING AN ECN
PLATFORM:
1. no anti-scalping, no stop-loss
hunting, very low spreads;
2. trade in a true non-deal desk
environment;
3. get the most competitive spreads & 5
digit precision pricing;
4. no re-quotes;
5. you can scalp or trade news without
restrictions;
6. EAs allowed and with no prejudice;
7. pending orders can be placed inside the
spread;
8. your pending orders, stops & profit
targets are not visible to
brokers, banks or any other market players
until filled.
CYNTHIA'S FAVORITE ECN BROKERS:
FinFX and
ThinkForex and
HotForex
If you like fast markets and
need fast execution, either for your manual
scalping or scalping robots, ThinkForex, FinFX
and HotForecx has
the fastest execution.
Open a demo or
live account now and give FinFX
a try:
Trader's money is
segregated in several bank accounts, the
spreads are raw & tight with no re-quoting
and super fast execution going in and out.
Live acct funding is only $2500 with a
standard ECN commission of $7 per standard
lot round turn. Standard and
mini accounts are also available with
minimum funding of only $150.
Mobile Trading available: MetaTrader 4
Mobile, Windows Pocket PC 2002 or Windows
Mobile 2003 or higher PDA/Smartphone.
Just for the record,
ThinkForex uses a proprietary feed/liquidity
bridge that is Currenex, not the dreaded Boston
Technologies bridge
that FXCM uses. They have developed
a technology that gives low latency high speed
trading = fast execution with no delay.
Open with only
$500...open with $1,000 and get a FREE VPS!
The smallest lot size is .05 mini lots. You do NOT pay
a commission for trading!
Here’s a press release from ThinkForex about
their ECN/MT4 platform:
Offers micro,
standard, swap-free and an Currenex ECN account that I like very
much.
Trade execution in the ECN
platform is fast and easy with
no re-quotes.
You can open a live ECN account
with only $500 and trade a
minimum lot size of .1 mini with
100:1 leverage.
Please use my referrer's link to
open a demo or live account:
Please
email
me if
you
need
assistance
or have
questions,
I'm
here
to help!
Happy
Robot
Trading!
Cynthia
Co-Author
of the
Day
Trade
Forex
Trading
Systems
Recommended
Manual Trading Systems:
INTRODUCING:
Cynthia's NEW
Color
Coded Trend Trading
Manual System!
Think you can
make some good money trading like this with
color only?
THIS IS COLOR
CODED
TRADING AT IT'S EASIEST!
The Easy Forex
Color Coded Trend System, written by Cynthia
for the MT4 platform, is a very simple basic
manual system that is for 15 minute or 1 and
4 hour charts, and performs extremely well with
a stop loss of only 20-50-100 pips. You
can use it on multiple currency pairs with the
special mt4 indicators that I will give you,
already loaded onto a color-coded template.
The template is color coded with all the
indicators you need!
I removed the price line totally and you
trade according to color only!
None of the indicators are lagging!
Consolidation periods are clearly marked with
white X's to keep you from trading whipsaws!
You will learn how to trade the tops and bottoms
of trend channels....the trend is truly your
friend!
Entries and exits are easy to spot just with
color changes!
Now trading can be fun! I've removed
the *seriousness* from trading!
This is NOT
a news trading system, although you can trade
news events with it, all you need is a strong
trend! It is a trend trading system based
on color only!
Here's a screenshot
showing entries and exits in a 1 hour chart:
A very simple, basic system
that can potentially capture up to hundreds
of
pips per trade on daily timeframe using some
popular and built-in
indicators of MT4 platform.
PERFECT FOR BUSY OR BEGINNER
TRADERS!
No pc face time needed,
just check your positions twice a day!
Use it on multiple charts,
the more the better!
Works with any account
size, mt4 broker or leverage.
Albert Einstein + Forex
Trading = $$
Small Percentage Gains + Patience = Large
Amounts of Money!
*URGENT* YOU MUST SEE THIS FOREX METHOD
This trading system was
written for the MT4 platform with
the standard indicators built-in....and is
simple to learn with the easy-to-read manual
and over 4 hours of 20 videos to watch.
What this trading system specializes in is
Money Management!
We all know that Albert
Einstein was a very intelligent
man.
But do we know exactly what he said about a
force or
law that is creating millionaires every day?
Well, to paraphrase, Albert Einstein stated
that...
"The most powerful force used by men is
compound interest."
So how does this relate to the forex market?
Well, before I answer that question, let me
describe
the power of compound interest.
If you start with a penny and double your
money every
day for a month, you'll end up with
$5,368,709.12 at
the 30 day mark.
....this is all from compound interest.
In other words, you can take a really small
investment
and turn it into extraordinary sums of money
using
this law and principle.
And the neat thing about it is that right
now, the average
person can utilize this law and principle in
the
foreign exchange market using a very special
trading
approach that very few people know about.
The Slumdog Forex trading course and videos
teachesanyone how to get small percentage gains
from the
forex market that continuously compound on
top of
each other, thus producing a very large
amount of
income in a short period of time.
Maurice Perry, the creator of this course,
doesn't
hold anything back.
He teaches the very same methods that many
forex
experts are using to amass millions of
dollars in
forex earnings every month.
If you follow this step by step course
precisely,
then there is over a 90% chance that you can
turn a
small $100 investment into $170,000+ in 12
to
16 months.
Make sure you take a look at it before
Maurice raises
the price significantly...it's currently
only $67.
With all the rave going on, this product is
definitely
set to have a price raise very soon....probably
up to $147.
So I hope you can get in at the lowest price
this
will ever be offered at.
Dedicated to your success!
Cynthia Macy
PS. This is NOT A TRADING ROBOT!
If you are still on
the fence, you have 60 days
to try out this DOMINANT forex trading
system from
Maurice.
Here's the refund
guarantee further explained:
We
offer a 60 Day Money Back Guarantee.
However, per our guarantee, the customer is
only eligible to receive a refund after 30
days from the date of purchasing the
product. In other words, they can not
request a refund until a month later from
the date of their initial purchase. This
policy was created to prevent customers from
buying the product and then refunding
immediately, without attempting to learn &
apply the information within the course. So,
if the customer requests a refund within the
60 day window, it can only be given to them
after the 30th day of using the product.
NFA and CTFC Required Disclaimers
Trading in the Foreign Exchange
market is a challenging opportunity
where above average returns
are available for educated and
experienced investors who are
willing to take above average
risk. However, before deciding
to participate in Foreign Exchange
(FX) trading, you should carefully
consider your investment objectives,
level of experience and risk
appetite. Do not invest money
you cannot afford to lose.
Forex, futures and options trading
has large potential rewards,
but also large potential risk.
You must be aware of the risks
and be willing to accept them
in order to invest in the Forex,
futures and options markets.
Don't trade with money you can't
afford to lose.
This website is neither a solicitation
nor an offer to Buy/Sell Forex
futures or options. No representation
is being made that any account
will or is likely to achieve
profits or losses similar to
those discussed on this website.
The past performance of any
trading system or methodology
is not necessarily indicative
of future results.
There is considerable exposure
to risk in any foreign exchange
transaction. Any transaction
involving currencies involves
risks including, but not limited
to, the potential for changing
political and/or economic conditions
that may substantially affect
the price or liquidity of a
currency.
Moreover, the leveraged nature
of FX trading means that any
market movement will have an
equally proportional effect
on your deposited funds. This
may work against you as well
as for you. The possibility
exists that you could sustain
a total loss of initial margin
funds and be required to deposit
additional funds to maintain
your position. If you fail to
meet any margin call within
the time prescribed, your position
will be liquidated and you will
be responsible for any resulting
losses. Investors may lower
their exposure to risk by employing
risk-reducing strategies such
as 'stop-loss' or 'limit' orders.
CFTC RULE 4.41 HYPOTHETICAL
OR SIMULATED PERFORMANCE RESULTS
HAVE CERTAIN LIMITATIONS. UNLIKE
AN ACTUAL PERFORMANCE RECORD,
SIMULATED RESULTS DO NOT REPRESENT
ACTUAL TRADING. ALSO, SINCE
THE TRADES HAVE NOT BEEN EXECUTED,
THE RESULTS MAY HAVE UNDER-OR-OVER
COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS,
SUCH AS LACK OF LIQUIDITY. SIMULATED
TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT
THAT THEY ARE DESIGNED WITH
THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE
THAT ANY ACCOUNT WILL OR IS
LIKELY TO ACHIEVE PROFIT OR
LOSSES SIMILAR TO THOSE SHOWN.
SITE DISCLAIMERS AND TERMS OF
SERVICE.
The information on this site
is for educational purposes
only. This website does not
recommend or endorse any specific
trading system or method or
Expert Advisor. We recommend
that you research all trading
systems, methods, strategies
and Expert Advisors thoroughly
before trading live with real
money.
Cynthia-Recommends.info/robotsupport.php
is not giving advice nor is
qualified or licensed to provide
financial advice. You must seek
guidance from your personal
advisors before acting on this
information. Trading can result
in losses. We will accept no
responsibility for any losses
you may incur. Do not invest
more than you can afford to
lose.
Please see other Disclaimers
and Warnings elsewhere on this
site. By entering our websites
and/or purchasing our ebooks
or Expert Advisors (EA's) or
robots, you agree to hold harmless
the owners, principles, managers
and all affiliates and associates
of Day Trade Forex, LLC,
for any and all losses you may
incur by purchasing and using
any of the Day Trade Forex Trading
Systems or any other trading
systems, educational or trading
ebooks, trading signals or platforms,
robots or Expert Advisors (EA's)
you may purchase through our
recommendation. The use of our
systems, the entry into any
of our websites, the subscription
to our mailing list, or purchase
of any product constitutes acceptance
of our user agreement.
PRIVACY POLICY
This website will never sell,
barter, or rent your email address
to any unauthorized third party.
Copying of any text or images
from this website is expressly
prohibited!
Cynthia's NEW
Breakout Trend Trading
Manual Simple
System!
Here's a short introductory video of trading the
Breakout Simple System:
Click the 4 arrows above
to make the screen full size.
Think you can
make some good money trading like this with
color only?
THIS IS COLOR
CODED
TRADING AT IT'S EASIEST!
The Easy Forex
Breakout Trend Trading
Simple System, written by Cynthia
for the MT4 platform, is a very simple basic
manual system that is for 1 minute to 4 hour charts, and performs extremely well with
a stop loss of only 20-50-100 pips.
This system
uses indicators based on color, support and
resistance and volatility. A special
volatility window gives you buy and sell
triggers based on the force of the price
action.
You
can use it on multiple currency pairs with the
special mt4 indicators that I will give you,
already loaded onto a color-coded template.
The template is color coded with all the
indicators you need!
None of the indicators are lagging!
Entries and exits are easy to spot just with
color changes!
Now trading can be fun! I've removed
the *seriousness* from trading!
This is NOT
a news trading system, although you can trade
news events with it, all you need is a strong
trend! It is a trend trading system based
on color and volatility only!
Get it now while I'm still offering a low introductory
price!
The Map to
Forex Wealth, Security and Independence…
Optimism Rank:
MegaDroid EA
“Forex
Megadroid Is Truly One Of Its
Kind When It Comes To
Extreme Performance, Uniqueness, And
Original Features”
New Forex robot technology sees
into the future 2-4 hours with 95.82% accuracy:
out of 100 trades, 95 profitable!
---> The
robot trades with an
uncanny accuracy rate
day-after-day, month-after-month, and
year-after-year...see the website for 1111
days of live trades!
---> It is
also the ONLY Forex robot that has an in-built
mechanism that allows it to be literally
undetectable by Forex
brokers.
--->
This is the first robot that can be traded
without ANY Forex broker interfering with
its incredible performance.
--->
This is a real income solution that will
last for a very long period of time (unlike
99% of the Forex robots currently available,
which are good for a very short period of
time but quickly fall apart).
---> It can be
traded with any account size!
---> It
trades in any market condition with uncanny
accuracy:
a true multi-market condition robot:
trending, non-trending,
volatile, non-volatile.
January 17th, 2012 Update:
6,894.36% NET Profit since 01/01/2009 (1111 days)
FACT: The only robot that has been updating results
daily for 1023 days.
“Forex Megadroid™ Indisputably Proves A
Robot Can Trade With 95.82% Accuracy In
EVERY SINGLE Market Condition And
Quadruple Every Single Dollar YOU Deposit”
Check out the website and watch the videos and
look at the long running live accounts:
It is ECN supported and
automatically adapts to 4 and 5 digit
brokers.
They are running it live on
the FinFX ECN account, a highly recommended
ECN brokerage in Finland.
A. Leo Trader Pro averages 2 trades per day
and over 48% per month profit,
proven with
Investor Password account access!
B. This is a genuine, REAL-money, live
account almost 17 months old!
C. LESS than 14% Drawdown
D. There are no tricks, games, PhotoShop
jobs, scams, etc. what-so-ever and that it
is fact: over 48% per month, proven
performance!
The C.E.O. of the FinFX ECN brokerage where our “Leo
Trader Pro™” account is being traded
VERIFIES everything on a recorded call, login to the FinFx live account and see for yourself:
For the first time EVER in the Forex
industry, the CEO of the FinFX brokerage
appears ON CAMERA and VALIDATES our 48%+
per month real-money, live account!
I've
been telling you about FinFX, my new
well-liked Finnish MT4/ECN brokerage, as
they are very well financed,
trader's money is segregated in several bank
accounts, and they accept US traders!
Here's my Introducing Broker link to sign up
for a new demo or new live account:
ForexConductorTM is the only
hybrid-trading forex trader that combines technical
trading with fundamental adjustments to offer
enhanced profit potential. ForexConductorTM is so
powerful and automatic ... it's like trading your
forex account like the professionals.
ForexConductorTM is comprised of
automatic trading signals which are programmed to
enter the market based on advanced algorithms with
an override feature. All trades are reviewed by
traders and adjusted based on real-time market
conditions, trends, and economic market-movers. Once
all aspects of the trade are reviewed, the trade
will automatically execute into your account. This
combination hybrid-trading has more control over
trades to enhance your profit potential.
Like a GPS navigator in your
car, it detects the short term market movement
with
99% probability!
1.
Very high win ratio with
small and few losing trades.
2.
Rock solid proof: Two
Live
Accounts with 3rd party
verification.
3.
Support with quick email
responses.
4. Setup was easy and took only
5 minutes, no bugs!
Go to the
Summary Tab and
sort the pairs,
you can see
which ones are
doing the best.
Just delete any
of the losing
pairs from your
demo and live
account.
This is NOT a hedging EA and will work on any US
broker mt4 platform.
```````````````````````````````````````
The Forex Combo EA
Optimism Rank:
A
ONE YEAR OLD EXPERT ADVISOR
SYSTEM STILL TRADING GREAT!
This one year old system is
still trading great!
It's the ONLY
system that has 4 autonomous
built-in strategies!
It works great in trending and
non-trending markets, it scalps
and
counter-trend trades....so in
a nutshell, it consistently
racks up
small winning scalp trades as
well as catches the long trends
and even
the reversals and range markets.
This software maximizes your
opportunities for profit by:
--> Giving you lightening-focused
information on every trade using
4 different strategies
-->
Uncovering opportunities in
trending and non-trending markets
--> Managing
your risk by diversifying your
trading strategy with low drawdowns
--> GREAT MONEY
MANAGEMENT and Trailing Stop
features!
If
you want to safely and reliably
trade Forex then check out
Forex Combo System below:
Please
note: For Robot Trading: You must
have your computer turned On and have your brokerage
trade account Open and running the EA's for
the EA's to operate. When your computer is Off,
or when your brokerage trade account is not
running, the EA's Trader will not operate.
For safe and best use
of the EA, please use a
VPS.
`````````````````````
OTHER SUCCESSFUL TRADING
TOOLS:
NEW & VERY VERY HOT!!!
MT4
Money Manager Software
Money Management is the most
vital component to a successful trading
system.
However, finding a proven system, that
actually responds to your personal trading
track record, trading style, broker leverage
and minimum lot size, and your trading
abilities, can be very difficult and even
boring.
Fortunately, I think I’ve found the
solution...
All Master Money Bot Products are based on
good money management practices.
The Master Money Bot is a money management
tool converted from an excel sheet to a MT4
indicator for easy use and application. It
does not determine a direction or particular
action other than tell you the next lot size
and risk of your trade.
The formulas accelerate your profits and
slow your losses, therefore allowing the
trader to stay in the market while they make
adjustments to which ever trading
system/method they are using.
Have you looked at the Master Money Bot
website yet and the two videos? If not, this
is something you don't want to miss out on!
Click here now to take a look at the videos
on the Master Money Bot website so you can
see how this incredible, amazing money
management tool works:
With The Master Money Bot you do NOT need to change your
particular trading style,
only the lot sizes that you are trading.
In fact this formula for calculating how
many lots you should enter on your next
trade, is SO POWERFUL and UNIQUE that it has
also been turned into a
Trade Copier that will copy your
manual trades from one account into several
accounts!
Read below to
learn about how you can make one click of a
trade and it will be placed on multiple
accounts at the same time!
Introducing:
The Master Money Bot
Trade Copier
With the Master Account Copier you can copy
your
trades to another account anywhere in the
world or
copy to an account located on your computer!
The Master
Account Copier has the Master Money Bot
built
right into it you can set your risk settings
using the
Greatest
Money Management Tool Ever and it
automatically places the
trade on the other account with those
settings.
Totally customizable to your risk settings!
The Master Account Copier works the same as
the Master Money Bot but in Automation!
The Master Account Copier automatically
enters the trade "Lot Size" for you as the
trade is copied.
.
NOW you can have automatic money management
with
The Greatest Money Management tool EVER!
Are your brokers manipulating your trades and
causing you to lose money?
The only way to
stop them is to camouflage your trading strategy.
Disguise your stop loss and take-profit levels.
Savvy traders have been doing this manually
for years. The good news is that the technology
is available to do this automatically for every
trade.
For
managing your manual trades, I use and
highly recommend to use a Trade Manager software.
The MT4 is notoriously clumsy for manual trading,
and executing your stops and take profits leave
a hard trade on the broker's server for them
to trade against you.
I can't trade without a Trade
Manager anymore! Especially good for scalping
and short term trades, just set it and forget
it! In and out without any stress!
No more hairy quick decisions to make!
There are four Trade managers
that I use and recommend, each has it's pros
and cons.
Learn more here and order
one today:
1. The
FX Trailer EA
FXTrailer is an EA trade
manager with 11 exit strategies
where:
1. You can customize the strategies to
suit your trading needs
2. Set your conditions for exits and
walk away!
3. Involve none of your emotions and
retain what pips you have earned from the
market
4. Trade management education involved
that builds up your foundation in trading
5. Videos
and ebook for learning how to use it
6. Works
on any mt4 broker platform
7. NO more giving back pips to your
broker anymore!!
TM is an MT4 Expert Advisor
designed to manage your trades for you. TM does
not initiate trades, but once you have opened
an order, TM will detect it and manage it. TM
can set your initial Stop Loss and then, as
your trade moves along in profit, it can move
your Stop Loss to specific price points that
you specify. It can also take profit at predetermined
targets or at incremental targets, closing a
designated lot size at each target. OK
for brokers that use "suffixes"...IE:
eurusd is eursdt
Additionally, TM offers a pip
by pip Trailing Stop that can be used instead
of, or after, the targeted stops.
This
one doesn't work on a mt4 platform that uses
a "suffix" at the end of the currency pair.
EX: you want to trade the eurusd and your
broker's symbol for the eurusd is eurusdt or
eurusdm or the equivalent. This
software won't recognize any symbol other than
eurusd.
It
will work on only one account at a time and
you can easily manually select which individual
trades you want it to manage, and works with
several trades at a time. Best for
a broker that doesn't use "suffixes"..
Magic Stick is
more than a trade manager, it actually
places
your trade for you when you draw trendlines
and support/resistance
lines on your chart. When the price breaks
your trendlines or
support/resistance, it will place and manage
the trade for you.
So you can look at your charts ahead of
time, draw your lines, and
go to bed. No more missing the volatile and
lucrative London/NY
sessions! If you are really good at drawing
trendlines and support/
resistance, you will love the Magic Stick!
