FREE Forex Robot - This One is Free and Makes Money628420

The free forex robot we are going to look at is totally free and makes cash, yet most traders by no means think about it. Lets look at how and why it works but despite this most traders wont use it...

Automated Forex trading systems are large company on-line - but the vast majority don't make money. They merely promote paper track records which fail in real time trading and destroy the traders equity.

The one we are going to look at here has worked in real time and numerous from the leading traders have utilized it in their forex trading methods, to make large profits.

This is a easy system it only has one rule to adhere to. The system was devised in the seventies by among the excellent traders Richard Donchian, who utilized it to trade commodities markets.

It doesn't just work on commodities it works on any trending market and currency markets are consequently ideal, as they offer exceptional trends.

Let's take a look at the rule from the system which is called the 4 Week Rule.

Purchase a new 4 week calendar high - stop and reverse the position, on a break of a new 4 week calendar low and then look to stop and reverse again on a new 4 week calendar high and continue to do this usually keeping an open position in the currency.

That's it and whilst incredibly easy, it works for the following reasons.

It's based on breakout methodology

It's a fact that most large trends, begin and continue from new market highs or lows, so this free forex robot will make sure you are in on all of the large trends and profits.

Long term Trend Following

It's based on catching and holding the long term trends.

A look at any forex chart will reveal trends that continue for many months or years and this trading system will keep you in them without getting bumped out by short term volatility.

It's Totally Objective and Disciplined

You don't have to think or make subjective judgments; you get a clear cut signal which you merely execute in the market.

It's Time Efficient

It will take you around 15 - 30 minutes a day to operate and that's it, you can go and do something else.

Like any forex trading system it will have a weakness and this one will generate losses, when markets don't trend or are in periods of consolidation, so you can think about adding another exit rule:

Place a stop at a one or two week high or low and then go flat and wait for the next signal.

This can help combat a non trending market but whichever way you choose this free forex robot will make large long term gains.

Most traders don't even think about this system, even when they know it works!

Why?

Quite merely because they think it's too easy (even though all of the leading trading systems are), also it's not a system that goes for pinpoint market timing and numerous traders want to predict highs and lows, even though its obvious this is not possible.

Finally, it just isn't packaged nicely - you get no flashy box, or name that indicates it's vicious animal, or a load of garbage sales patter.

For some reason traders will buy forex robots that have by no means been traded but one that can make them cash - they ignore it!

If you want to make money in forex trading, this free forex robot will help you and you should try it. The system doesn't cost you anything and has been utilized for over 20 years by numerous traders, to improve their forex profits and it can help you achieve forex trading success too.