FOREX Best Trend-Following Robot trades online, 24 hours a day. Fully Automated Currency Trading System - No programming required - Plug and Trade - Make money from home with No Stress - Version 7, with News Filter, for true "Set it and Forget it" trading

by Smart FX Technology

Product Features

• Trading Robot identifies profitable opportunities and executes successful trades, completely on its own
• Proven strategy maximizes profits and minimizes risk. Metatrader MT4 Expert Advisor
• No emotions. Computers trade much better than humans. The Robot will improve your trading whether you are a novice or a pro
• This easy-to-use software is a highly sophisticated trading system that can outperform any financial wizard on Wall Street. Complete with Money Management controls, to put your trading account on automatic cruise-control
• Watching your trading robot make you money is just amazing. It will set you on your way to financial freedom

Product Details

• Product Dimensions: 8 x 1 x 6 inches
• Shipping Weight: 4.8 ounces
• ASIN: B004CM0ICC
• Date first available at Amazon.com: November 16, 2010
• Average Customer Review: 3.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #10,605 in Software (See Top 100 in Software)
  • #23 in Software > Personal Finance > Investment Tools

Product Description

There is a lot of money to be made in currency trading.
Yet most traders lose money in the Forex market.

The reason is simple: human emotions get in the way of their strategies.
The mental battle between greed and fear is the killer.
"I sold too early" (fear), "the price reversed and turned my profits into losses" (greed), are some of the excuses that traders have for losing their shirt, even though they "knew" better.

There is a better way:
Banks and Hedge Funds managers pocket huge profits using smart computer technology to trade currencies.
The key to long term profits is having a good strategy and sticking to it.
The Trading Robot executes all trades precisely according to plan, always cool headed, no exceptions. That's why it works!

Get your own Trading Robot to work FOR YOU, 24 hours a day!

BREAKOUT STRATEGY
In the Forex Market the trend is really your friend.
The robot scans the market for conditions that maximize the odds of a true breakout and enters along the trend when new highs (or lows) confirm these tendencies.
Watching the robot ride a big wave and bring home a nice profit is truly awesome!

Plug and Trade: Just download and you are ready to go! Easy, newbie-proof, 5 minutes, completely automated installation.
Includes Multi-Language Manual. You'll be trading like a pro in no time.

Developed for the most traded currency pair in the world: EUR/USD

Money-back Guarantee: If your account (Demo or Live) loses money at the end of 1 month, using the default settings, we will refund your full purchase price.

Smart FX Technology was founded by Frank Goodwin, trading veteran with 25 years experience in international markets.

We are proud to offer only trading robots that we use daily in our own Live trading accounts. When we win, you win.

We have a dedicated support staff to answer your questions 24 hours/day, to help you succeed!

Customer Reviews

Most Helpful Customer Reviews

1 of 1 people found the following review helpful:

1.0 out of 5 stars no thank-you!!, January 19, 2012

By 

jackstraw "buddhi" - See all my reviews

This review is from: FOREX Best Trend-Following Robot trades online, 24 hours a day. Fully Automated Currency Trading System - No programming required - Plug and Trade - Make money from home with No Stress - Version 7, with News Filter, for true "Set it and Forget it" trading (CD-ROM)

I gave Master Scalper and Break Out Hunter from robot-forex-trading dotcom and smart fx technology a good try for about six months. Basically all they did was lose money, despite the risk management hype. The good reviews you read are because the support people are good and helpful (except when asking for a refund), or the EAs worked short-term; unfortunately their EAs cannot handle a longer-term market, which is all that counts. Even if an EA does not make much money, which is OK, it should not lose half your money in a week, right?

Asked for my money back and they refused. They only refund for 30 days but, of course, you must demo only during that first month - and real account testing is always different. But I lost far more in my accounts than the cost of the EAs so the loss of a refund is not a big deal. Lost 40% in one week with Master Scalper and 50% of another account with Breakout Hunter - and these were real money live accounts! Those are just the unusually fast losses; lost more, but more slowly, over a two-month period.

How can a Scalper lose for two months straight? Two months of losses are understandable with a break out trader but very unusual for a scalper. Such short and long-term losses prove that something is wrong with both the strategy and the risk management.

Note that the "back-tests" on their webpage have only a 25% modeling quality, not the standard 90%, so Big Red Flag - apparently they could not come up with real back-tests that were actually profitable. Strange also that they mention 4 years of successful back-tests but only show 3 years at 25%. Another red flag. Smartfx had two forward tests running on myfxbook, but they were immediately stopped in November when they started showing losses: red flag #3.

Master Scalper and Break Out Trader blew my two live accounts in December and January, so my expensive review of these two Eas ends sadly and badly. Their risk-management hype sounds good but simply does not work. I was surprised that a non-Martingale/grid robot could lose so much so fast - and on conservative settings. Also tried using just the two Master Scalper pairs with the best reward/draw-down in addition to both a modified and a complete portfolio approach (with all pairs trading). Note that my losses were caused by the EA's consistent bad trades and poor risk management and not margin calls.

I can't recommend these EAs; their live account performance is much worse than their back test or demo test results, the strategy and risk management does not work except possibly in mild markets, there is no refund to speak of, the forward testing was stopped when it started showing losses, and the company's back-tests are designed to mislead prospective buyers. This seller should not be selling through Amazon.

3 of 5 people found the following review helpful:

5.0 out of 5 stars Awesome., November 22, 2010

By 

Victor Molina - See all my reviews

This review is from: FOREX Best Trend-Following Robot trades online, 24 hours a day. Fully Automated Currency Trading System - No programming required - Plug and Trade - Make money from home with No Stress - Version 7, with News Filter, for true "Set it and Forget it" trading (CD-ROM)

I own a bunch of Expert Advisors, about 15 altogether. Many very expensive ones.
This one is the only one that I have running 365 days a year. It's that reliable.
Even bad days are not a big deal, losses are small and it does recover easy. No big drawdown, always brings home some pips.
Awesome!