Fully Automated Trading System for Forex

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Huge profit potential can be found in forex trading. Trading different currencies form around the globe offers wide range of opportunities for new and seasoned traders alike. With automated trading quickly gaining its popularity amongst the traders, one would wonder what benefits automated trading really gives them.

Trading automatically requires minimal amount of your time, unlike the manual way of trading which requires a trader to sit in front of the computer for numerous hours every day monitoring and waiting for a good trade to present itself then doing the manual entering and or exiting trades. Since system trading generates orders automatically as soon as the criteria have been met, you don’t have to be tied up to your computer anymore and instead use your time to do other things like getting intimate with your market or spending time with your family. Mechanical trading also takes away the emotions in the trading process. Fear or greed can sometimes manipulate the trader’s decisions which can cause him to lose the trade. With these emotions out of the way, it will be easier to the user to stick to his trading plan and achieve consistency and discipline. Another advantage one can get from using an automated system is that the user can customize the system to fit his needs. He can define his parameters and set up his own criteria that he’s comfortable to trade with. Benefits like these can be very helpful in maximizing the potential profit the user can gain.

With numerous benefits in tow, automated trading system is paving its way to the trading industry. Choosing the best system amongst numerous systems currently being offered in the market today is a very important decision one should make. A system that has been extensively tested with good feedback is a great candidate for those who are currently in the market for an automated trading system.

TrendBiter uses a proprietary MTSD (Medium Trend Strength Discovery) indicator developed by Dr. Trent Soyuz that takes small “bites” of profit out of trends in the medium range with an exceptionally high accuracy rate for all the major currency pairs. TrendBiter seeks excellent opportunities but typically finds relatively few trades every year (about 10 per pair). It is thus designed for patient investors whose investment horizon is at least one year. The system has been designed for the NinjaTrader platform such that the user needs absolutely no experience or knowledge of Forex trading - a “Plug & Play” concept.  Other leading platforms are also supported.

Know more about how to benefit from a fully automated system right now.