Forex HAS Trading Robot review:
So how does it work?
Our Forex robot runs on any computer. You simply load the robot on any number of currency pairs of your choice and walk away. This robot can trade an unlimited number of currencies all at the same time. The robot executes 100% of all your trading decisions (buys & sells) without any human intervention whatsoever.
What are the benefits?
Why go through a steep learning curve and make costly mistakes? Why not take advantage of years of trial and error and start using our system. Trading with our robot is like having a Forex master on your side. Our robot can trade any currency, commodity, stocks, and monitor all 8 time frames instantaneously!
Can anyone use it?
Anyone with a Internet connection and a computer can use the robot. Any Forex broker that supports Meta trader 4 charting software is all that is needed. The majority of all our customers are new to Forex and need our products to help them with their trading. You will be up and running on your way in only minutes.
This chart shows what happens when the Hedge robot starts from the highest timeframe (monthly) and scans one lower timeframe at a time until it comes to the first counter trend. In this example if found the (weekly) timeframe as our first counter trend.
As soon as the Robot finds a counter trend as indicated by a red bar the program goes into “alert” status and waits for the first opportunity to enter the market immediately after a blue bar is formed. It is a fact that most all traders get into the market AFTER they see the price moving the direction of the position they wish to trade. What invariable happens is they buy high and sell low. Since we are able to get in before the majority of the market participants we can be first to buy low and sell high!
This statement alone is by far the most powerful tool that you the trader can posses. I cannot over emphasize enough how important this concept is to your bottom line and success rate!
- Every time frame has its own structure.
- The higher time frames overrule the lower time frames.
- Prices in the lower time frame structure tend to respect the energy points of the higher time frame structure.
- The energy points of support/resistance created by the higher time frame’s vibration (prices) can be validated by the action of lower time periods.
- The trend created by the next time period enables us to define the tradable trend.
- What appears to be chaos in one time period can be order in another time period.
To understand the importance of first arriving at a sound theory before implementing and testing a trading program, we need to briefly review the characteristics of performance that indicate a robust method.
When testing a trend-following system we should expect that a trend of 100 days, compared with a trend of 50 days, will produce larger profits per trade, greater reliability, and proportionally fewer trades. As you increase the calculation period this pattern continues; when you reduce the calculation period this pattern reverses. You are prevented from using very short calculation intervals because slippage and commissions become too large; the longest periods are undesirable because of large equity swings. There must be a clear, profitable pattern when plotting returns per trade versus the average holding period.
Each time frame has a logical purpose and is said to be modeled after Gann’s concept that the markets are essentially geometric. The shortest time frame is the one in which you will trade, in addition, there are two longer time frames to put each one into proper perspective.
The patterns common to time frames are easily compared with fractals; within each time frame is another time frame with very similar patterns, reacting in much the same way. You cannot have an hourly chart without a 15-minute chart, because the longer time period is composed of shorter periods; and, if the geometry holds, then characteristics that work in one time frame, such as support and resistance, should work in shorter and longer time frames. Within each time frame there are unique levels of support and resistance; when they converge, the chance of success is increased. The relationships between price levels and profit targets are woven with Fibonacci ratios and the principles of Gann.
One primary advantage of using multiple time frames is that you can see a pattern develop sooner. A trend that appears on a weekly chart could have been seen first on the daily chart. The same logic follows for other chart formations. Similarly, the application of patterns, such as support and resistance, is the same within each time frame. When a support line appears at about the same level in hourly, daily, and weekly charts, it gains importance.
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)