Forex Megadroid Expert Advisor Review


In this post I will be reviewing the popular Forex Megadroid Expert Advisor. Forex Megadroid is a fully automated forex robot that has been around for a long time. I experimented with it in the past but found that once forex brokers became aware of its presence they started to implement tactics to diminish its profitability Forex Megadroid Expert Advisor Trading Strategy Forex Mega Droid uses a reverse correlated time and price analysis (RCTPA) which helps it to adapt to market conditions. It is a scalping robot which targets a few pips on each trade. This does mean that it …READ MORE

Forex Daily Trading System Review


In this post I will be reviewing the Daily Forex Trading System. As the name suggests this is forex trading system although there is much more to it than the templates and indicators used for trading the system – it is actually complete forex trading course which can teach even a complete beginner how to trade. It can also give the intermediate and advanced traders extra tools to add to their trading and covers so many different aspects of forex trading everyone can learn something new from this trading system/course. The Daily Forex Trading System is an easy to understand …READ MORE

Forex Trading Crash Course Review


In this post I will be reviewing the Forex Trading Crash Course. The site looks dated but the principles in this forex trading course are still the same even today. It is not a forex trading system as such but will give you some of the tools and knowledge needed to become a forex trader. This training course literally covers everything from the A-Z of forex. Some trading gurus charge thousands for such courses but you can learn in your own time at a fraction of the price with this particular crash course. The Forex Trading Crash Course contains detailed …READ MORE

Drive Gold Expert Advisor Review


In this post I will be reviewing the Drive Gold Expert Advisor. An expert advisor is the name giving by the MetaTrader 4 trading platform for forex robots which are fully automated forex trading systems. The Drive Gold Expert Advisor runs in the MetaTrader 4 trading platform which is free to download and is accessible for all forex traders regardless of your level of experience. Drive Gold Expert Advisor Trading Strategy The Drive Gold Expert Advisor is a trend following automated trading system that trades GOLD. All that is required is that you attach it to the relevant charts within …READ MORE

Renko Street Trading System Review


In this post I will be reviewing the Renko Street Trading System v2.0. This is a forex trading system that uses special renko charts which basically display bars in pip rather than time value. Renko charts are determined by price rather than time. With renko charts, you can specify the pip value for each renko block (bar) and the block will only close once that value has been reached in pips up or down from the bar’s open price. This can help to filter a lot of the noise from your standard time based charts. If price had only moved …READ MORE

Strike FX Review


In this post I will be reviewing the Strike FX forex robot. This is another automated forex trading system developed by Argo Labs. These developers have been around for a while and have an ever growing portfolio of forex robots. Strike FX is suitable for new and advanced traders – see below reference to the martingale nature of this forex robot! It includes easy to follow instructions for quick setup. As with most forex robots it is a complete set and forget automated trading solution. Strike FX Trading Strategy StrikeFx is a multicurrency martingale Expert Advisor (EA). Martingale strategies can …READ MORE

Renko Maker Pro Trading System Review


In this post I will be reviewing the Renko Maker Pro Trading System. This is manual trading system that uses renko charts. Renko charts use pip movements to form bars rather than the time based bars on standard charts. For example, if you set renko blocks to 10, then a bar will only close when price has moved either 10 pips up or down. Renko charts can make it very clear to identify trends, chart patterns and support/resistance levels. They help to filter a lot of the noise that can occur on standard time based charts. Renko Maker Pro Trading …READ MORE

Forex Warrior Review


In this post I will be reviewing the Forex Warrior forex robot. Forex Warrior is a 100% fully automated forex trading system for the MetaTrader 4 trading platform. You receive the software as an instant download and can be setup and running in just 5 minutes by following the easy to understand instruction manual. This forex robot is suitable for any trader regardless of your level of trading experience. However, this is a dangerous grid based strategy so please proceed with caution! Forex Warrior Trading Strategy The Forex Warrior forex robot is a grid trader so may only be suitable …READ MORE

Renko Charting Package Review


In this post I will be reviewing the Renko Charting Package. Renko charts display bars as block of pip movement rather than displaying the bars based on time. If you were to set a renko chart to display block of 5, a block would only appear once price has moved either 5 pips up or 5 pips down. Standard time based charts do not care about movement, they form a bar after an allocated amount of time whereas renko block form depending on how long it takes for price to move the pip distance set for the renko blocks. That …READ MORE