My Search for Forex Trading Software
November 1st, 2009 | 
Author: 
Hi, this is Markku
Like a lot of you I have tried Forex Trading Software because it appeared to promise relatively easy and large profits. How did I fair out? Let me relate to you my experiences and conclusions.
You want to be a successful trader. But to achieve this you have to learn to control greed. The promise of quick and large profits is everywhere and I have fallen victim to that many times before I learned the secret.
There’s a saying that during tough times the rich are made as well as the poor. The markets swing like crazy and any experienced forex trader would tell you that it’s a trader’s paradise. It is the time when most profits are made.
But what do you do if you don’t have enough experience to trade? You can lose just as much. However, the modern technology delivers it to you on the silver plate – the automated forex software built by expert traders to automate their mundane daily tasks. Systems kept away from the public in the beginning are now available and you can take a shortcut to professional forex trading with no prior knowledge at no risk whatsoever.
I have found the best forex trading software for myself. The question is, does it deliver?
This is the system that delivers what it promises. I’ve tried it, I have searched the Internet for various feedback – I have found only positive feedback about this system.
A unique feature that doesn’t fall under any criterion, is software’s online robot. Every trading software works on your computer and you need to keep your computer running at all times. It has this version of software too, but in addition to that it has online software that runs on its own server and you only need the computer to access your account.
So is it worth a try? In my opinion, definitely yes. You can get your feet wet in forex trading, you can set up an automated income stream, and the wild markets as they are now is the perfect time to do so, it may not happen again in the next 50 years.
This software works in any country of the world, it doesn’t matter if you live in US, UK, Spain, Germany, Finland or any other country. It’s completely international.
It can be used with any broker that supports Metatrader 4 platform. Which is the most popular platform and most of the popular brokers use it (FXCM, FXDD, InterbankFX, Alpari, etc.). If you’re not sure if your broker is using Metatrader 4 platform, contact them via their help desk.
What settings I have used?
In general you should go with the defaults, as they are the optimal settings for beginners and carry minimal risk. However, there’s a few that you can tweak. The ones to pay attention to are:
You shouldn’t run long term strategy with a small account ($10k or less)
The short term strategy gets best results with EUR/GBP and/or AUR/CHF
You can enable auto lot management for the scalper (Scalper_UseMM set to true)
The preferable risk percentages for EUR/GBP and EUR/CHF are 20% and 10% respectively.
This is an automated forex trading software that proved to be profitable over the long term and to work well for both big and small size accounts. It generated a profit of over 5,000% in about 9 years of back testing.
My own results during the last 3.5 months:
Starting bank at 15th of July $2500 US.
My bank now at 31st of October is $8248 US. Profit so far $5748.00 and I know I could have done better but I believe being cautious is well worth it.
Update 3th of December: My bank has grown $2213 since last month and was 30th of November $10461.00 which is not bad att all 
Update 2nd of January 2010: It was quiet December because of the holidays and one personal event, my bank has grown only $1897
Which makes my total bank at the moment $12358, but still very good profit.
Update 2nd of February 2010: My bank has grown $2148 since the last update, making my total bank $14506
Update 4th of March 2010: It was quiet February, I had couple of quite bad days and I made only$314 profit so, my bank is now $14820
Posted in Best Forex Trading Software