Fully Automated Trading System in Forex Trading

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Trading forex has a lot of potential when it comes to profit making. This 24 hour market has a lot of opportunities for the trader to discover. Being able to not physically monitor the market round the clock is something that the traders can benefit from using an automated trading system.

 System trading has been gaining its popularity nowadays. The hassle of being tied up in front of your computer all day to monitor the market is one of the things system trading can relieve you from. Using an automated system also allows the trader to take advantage of the 24 hour market making sure that you won’t have to miss any good trade anymore. Another benefit one can gain from using mechanical trading is that it takes away the emotions from the trading process. Gut feelings and fear can affect one’s decision in trading which may lead to the trade’s failure. If one can put his emotions in check, it will be easier for him to be consistent and stick to his trading plans. In using system trading, one can be able to backtest his trading idea first and minimize the risks before even going to a live trade. This allows the user to make necessary changes to his trading idea to make it suitable for his needs.

 With these advantages in hand, no wonder why automated trading system has increased its popularity among traders. One thing that should be considered though is finding the best system that will suit your needs. One should choose a system that is worthy for its price and has been extensively tested with good feedback. One of the fully automated trading systems currently being offered now is TrendBiter.

 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 has been tested thoroughly on all the major currency pairs since 2007 with positive returns every year. It is an automatic self-contained trading system which frees the user from decision-making. It 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.  This system is available for immediate release on NinjaTrader as well as on other leading enterprise platforms. This system is easy to install and can be used like the “plug and play” concept.

For more information on the benefit of a fully automated trading system, please visit our website today.