Saturday, June 20, 2009

New videos posted on YouTube

Here is the one that shows you how to apply Forex Set and Forget to your chart and configure it to run.

Thursday, June 18, 2009

Trading Log is back

I had to get rid of the old trading logs that I had on my links because I pretty much destroyed that account with all the experiments I was doing while developing Forex Set and Forget. So now there's a new trading log that I put on EAResults.com. I am running on an FXDD standard demo account with $1000, on GBPUSD, using the parameters as they are set in the "gbpusd.set" file that comes with Forex Set and Forget. GBPUSD is ranging something terrible right now so I don't expect any winning trades right away. But hopefully a trend will pick up and the EA will make up any losses and be in profit soon.

Monday, June 15, 2009

Forex Set and Forget is live!

I'm actually very excited about this particular launch. Forex Set and Forget represents the next generation of Automated Trading Robots. It's not neural networks or anything fancy like that. It is a simple trend follower that has a peculiar trade management scheme. At the most conservative settings it can generate profits between 20% and 70% per month depending on the pair. But if you "crank up the heat" it can produce 1000% or more gains in a single month.

So what makes this one different from the AME Cross Trader? Like the AME Cross Trader, Forex Set and Forget is a trend follower that uses Moving Average Crosses to determine trend, but that's where the similarities end. The new EA places and manages multiple trades. It uses pending orders instead of market orders to virtually eliminate slippage. It has much lower drawdown and can run unattended for months. However, to get the most value from it you should monitor trades after they are placed, especially if a trade is placed near a support or resistance level.

Anyway, the Forex Set and Forget site will tell you everything you need to know. Go check it out. If you have a ClickBank account then get your Affiliate Link and start sending visitors to the site, and you'll pick up a nice commission for each sale you refer.

I'll be publishing some youtube videos soon on things like "how to install", "how to configure", "how to optimize" and maybe even "how to crank up the heat" :-) and will keep you posted when the videos are available.