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Hughartfbghyujki
935 дн. назад
(http://www.forextradingrobotreview.com)
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Forex Trading Robot - The 4 Week Rule A Free Robot That Works! Many currency exchange traders wish to use forex trading robots and buy them off the net but theres a free one we are going to look at here which, makes giant profits and will beat almost all of the sold ones and it wont cost a cent. The 4 Week Rule was originally created to trade commodities by the Richard Donchian who is considered the grandfather of modern trend following. This currency trading robot is simplicity itself only 1 rule : Cover any short positions and go long when a price exceeds the highs of the previous 4 calendar weeks. Cover any long positions and go short when a price falls below the lows of the prior four calendar weeks. How easy is that? extraordinarily, but dont think because its easy it does not work - run it across any currency and take a look at a forex chart and you will see it does. Its truly a simple breakout system and will get you on the side of each major trend. there is a downside though - if the market doesnt trend, it can get whipped out and in in these situations however, you can combat this by adjusting the exit rule. a particularly simple way to cut drawdown is to exit on a shorter time scale - say an one or two week low or high and you may also consider exiting with a moving average. long-term, this system works and will continue to work, as currencies always trend and are doubtful to stop trending. Most traders though wont consider using this system for the following reasons : - Its to simple - traders seem anti simplicity although it works! - There arent many trading signals, so it doesnt suit the action man trader. - it is not modern - it does not quite have the ring about it, of a system based primarily on expert or artificial intelligence technology. - it isnt fussy about identify timing. Most traders are obsessed with attempting to predict market price ( although you cant ) while this one simply reacts. It makes money and thats the real test of any currency exchange robot. Some of the top traders in the world have used it, such as Richard Dennis so, if it iss good enough for him, its certainly adequate for me and you. If you use the 4 Week Rule and follow it with discipline, you are able to add an extra dimension to your currency trading methodology. If you are thinking of purchasing a robot then this one is quite likely to beat it and its free. Most of the foreign exchange trading androids sold online come with simulated, made up track records all done in hindsight only and no real trading ; the 4 Week rule however incorporates a pedigree. So there you have it, a free forex robot that basically works and you may use to make forex profits. As the song goesthe best things in life are free and apropos forex robots the track is extraordinarily apt.
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