Forex Profit on Autopilot is the dream of more and more forex traders. The recent success stories of Bill Poulos' Forex Profit Accelerator and Quantum Research's Forex Profit Pro AutoTrader confirm the continuing demand by serious forex traders for a forex autopilot or forexrobot which after setting up can be run virtually "hands-off".
Automated forex systems must be easy to learn and implement, give precise and potentially profitable buy, sell, stop loss and exit signals, and require a minimal amount of time at the computer to set up trades, with little or no further manual intervention. They must also include ongoing training, support and backup. Above all, of course, automated systems should generate consistent profits!
Finally discovering the 'Holy Grail' of Forex Trading Profit?
The
Herbert family team over at Quantum Research (ForexProfitPro
Autotrader) have been posting
some pretty interesting content on their new blog, including
video of
how their upcoming
GOmega Trader FX program will function and some
impressive results so far.
There are several videos including one from the developer Ken Herbert which describe in some detail what the latest innovations are and precisely how the successor to Quantum's previous FXPP AutoTrader system (fully subscribed) will work.
GOmega Trader FX will have specific components including:
sideways movement market filter
end of trend indicator
trend bias indicator
stop loss paths and exits
Fractal Efficiency Ratio
There's also a glimpse at the profit potential showing a results summary of the EUR/JPY 1 hour chart between July 1, 2005 and March 31, 2008 and others that have been posted.
Visit the blog and add your own comments to those of intrigued traders, ranging from the enthusiastic to the downright cynical (the "sounds too good to be true then it usually is" brigade), but the company has some very happy customers who have purchased their previous products. Here's one from a Forex Profit Pro AutoTrader MT4 (now sold out) user, enthusiastic about the development of GOmega Trader FX:
"Well done for a thoroughly professional and well researched piece of work. I am prepared to wait as long as it takes to get a robust EA [MetaTrader 4 Expert Advisor] coded and tested, and I would expect the Herberts are not going to take any shortcuts in testing the final product, including I expect a Beta phase as we did with the FXPP. Those who are sceptical want guarantees or are impatient do not know the nature of forex and or coding EA’s. Trading all time frames and all currencies with astounding profits is as close to Holy Grail territory as I have ever seen. I feel very lucky to be a witness to and hopefully share in it all. Well done guys, let us members know if we can help in any way. Ariel".
GOmega Trader FX website information