www.forexbot37.com – FOREX ROBOT. 100% FREE FOREX Trading Software. Forex trading is a huge industry nowadays. There are gigantic fortunes that are gained each day by successful traders. Unfortunately a lot of people that don’t know what they are doing are losing lots of money also. If it were easy, everyone would do it, right? Recently a few companies have come out with what they call Forex robot traders. What they are, are robots, or better yet computers, that do all the calculations of when to buy and sell. It’s supposed to take all the guess work out of the equation for you. You just set up the program and put it on auto pilot and watch the cash just pour into your bank account. Ahh, if only it were that simple. I won’t lie, these robots are pretty good and you can make money with them, but they also, like anything, do have their flaws. Here are a few that I have discovered. First, MT4 robot systems work only on MT4, while the services that have an auto alerting buy system are not limited to any particular platform. Second, MT4 EA’s are based on pure mathematical formulas (mostly they are combinations of simple and exponential averages). Forex auto alerting is a self-learning system based on neural networks and genetic algorithms and as input it takes a lot of parameters (such as the day of the week, part of the year, other currencies prices, gold price, oil price, holidays, etc.). MT4 EA’s can’t do it (or maybe they can, but they don’t as it’s a very complicated
Video Rating: 4 / 5