Forex Roboteer | Trading System Reviews

Forex Roboteer

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(You can read the full User Reviews of Forex Roboteer at the end of the Trading Systems summary)

Filed as: Automated, Forex
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Details of Forex Roboteer

Format: eBook and Metatrader Software
Cost: $97 initial then $47 monthly subscription (correct as of September 6th, 2008)
Guarantee: 56 day money back

Their Pitch

Hi, my Name is Peter Parsons, and I Trade FOREX.

This product is the culmination of 15 Years hard earned experience, finally coded into a FULLY AUTOMATED ‘BLACK BOX’ software trading system using MetaTrader 4’s Expert Advisor editing tool. I found this environment so powerful, that I have been able to code everything I do to make my system fully automatic.

I have been trading systems manually for more than 3 Years. It was taking me more than several hours a day to make sure all the trades were placed correctly. I also had to continually watch the screen when trades exited so that I could place new trades to take their place. I also had to optimize the systems manually at least once a month, sometimes more.

Because the manual side of this system is tiring, I made a good living, but did not have the energy or time to trade the system to its maximum potential. I knew I had a great trading system, but I desperately wanted to automate some of the tasks. I did this and have been successfully selling the fruits of my work as Forex Range Trader. However from further work and user feedback I have built on this to create Forex Roboteer

So what is different about how Roboteer Trades?

Forex Roboteer leverages the knowledge gained from developing Forex Range Trader. It uses part of Forex Range Trader as one of the systems, but also uses 2 other completely different systems as a Trading Array.

A Trading Array is where multiple systems are joined so that they trade concurrently, but are aware of each other, and aware of the fact that they are using the same available account balance. Each system is only allowed to be in a single Trade, giving a maximum concurrent trade count of 3 for Roboteer.

Forex Roboteer’s 3 systems all keep track of their own trading performance, and only grow lot-sizes as their own performance dictates. This allied to the use of Ryan Jones fixed Ratio money management has endowed Forex Roboteer with significant performance potential.



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