My Forex Robots Experience

I started forex trading about 7 years ago, but till
date, I have not lost my first deposit like other major forex traders. After 3
months of trading, I decided to stop trading on real account and develop
automatic trading system. According to me,manual trading are only for those
traders who have a strong nervous system.
I was fortunate to find a mql4 programmer from one
popular forum,he developed my first forex robot based on multitimeframe RVI
indicator. Robot analyzed nonstandard timeframes, and for this reason it was
very unstable. I did hundreds backtest and all backtest was different. We have
made about 20 modifications, but my robot was still unstable and for this reason
,I was unable to use it on my real account.
I spent about $9000 and 2 years, before I have received
my own fully automated trading strategy. This strategy was based on RVI &
channels and was very profitable, but unfortunately brokers decided to increase
the spreads for eurgbp and I had to threw my robot into the trash. My tactic
now – analyze monitoring websites and find profitable system. Not grider, not
martingale, with sl and tp and with real account proof. If it’s sound
interesting for you, then you can read the description on how to analyze
monitoring websites here:
Next step for any forex trader – launch forex money
management service or forex signal service, if you would like to constantly make
money. It is not too difficult, if you have a stable earning forex robot or
several robots. I also recommend you to read these two articles:

First one is describing how to launch forex signal
selling and money management business. Second, how to copy trades from 3d party
accounts and risk control.