Forex Trading Robots
 

Reviews - Marcus Leary's
Is Forex Auto Pilot System (FAPS) Worth It?

Yes It Is, With A 98% Success Rate! Read on...

Forex Trading Software

EDITOR'S NOTE: Did you know there are several 'forex trading softwares' out there, each claiming to be better than the others?

Claims apart, what matters is what really works and the clear winners in terms of sheer results and popularity is Forex Auto Pilot System (FAPS). FAPS has a success rate of 97% calculated on the basis of sales:refund ratio.

What is it about Forex Auto Pilot that makes it so effective? What is it about this forex trading softwares that has made them so popular?

Given below is our review of Forex Auto Pilot that gives you an accurate picture about the software program.

Best wishes

William Roswell


Forex Auto Pilot Review

Rating

Among the various forex trading softwares, Forex Auto Pilot System (FAPS) created by Marcus Leary stands out as the best software to take maximum profits from forex trading on the forex market, with 97% of users choosing to continue using the software as is evident from the sales:refund ratio..

Forex trading is highly profitable but not easy. It involves and mastering the whole gamut of forex trading intricacies...signals..charts..pips..timing..platforms..forex indicators and so on..

At best, even if you are an experienced trader who has done it all, the entire manual process of trading is not only cumbersome and time consuming, but also gives scope to human error.

What you need is a software that not only automates the whole process, but one that is proven to be reliable and profitable. Particularly when it comes to picking the right signals and calculating the buy/sell time.

Forex Auto Pilot System (FAPS) not only does automatically all the functions that you would mechanically do as a trader, but unlike other similar softwares, it picks its own signals.

ForexAutoPilot is based on more than 20 forex indicators such as Alligator, DeMarker, Fractals, William's Percent Rate. The system detects a good trend for you, confirms it using internal indicators and opens the trades to take maximum profit for you.

The software uses various mathematical algorithms to analyze when to buy and when to sell foreign curriencies. It basically works by breaking down the percentage in PIP change and compute an ideal buy/sell timing.

Forex AutoPilot does not use fixed stoploss parameter to prevent getting losing trades. Instead, it monitors each open trade and closes it if reaching take profit limit when the trade is successful. If the trade is losing, ForexAutoPilot advisor closes it using signals of its internal indicators to prevent drawdowns.

Forex Auto Pilot software works on EUR/USD pair on 1M (1 minute) timeframe. It also has State-of-the-art money management programming that allows you to turn a profit even under unfavorable conditions on the market. It makes monitoring high amounts of trades during overlapping market hours easy. Unlike other similar softwares, you can also uncover hidden trends with this one.

Further, you can easily test the system both with historical data as well as future data using a live paper trading test account before you ever put real money on the line.

The program uses the free, Windows based application Meta Trader 4 as its trading platform and has a very high win / loss ratio. Back tests against historical data for the past 5 years shows 93% of trades were winners (you can test this yourself with Meta Trader 4).

The interface is user friendly with its intuitive layout. Also, we found the additional robots given as a bonus with the purchase - Non Farm Payroll Robot Add on and Ultra Trend Robot - very useful in trading on economic news and for detailed technical and trend analysis.

Simple to install and use, Forex Auto Pilot has no bugs as are seen in some other programs. The FAPS EA script works consistently, and it's user-friendly package (complete with a "do this, do that" style of documentation) makes it easy to use even for relatively novice traders.

An added advantage is that FAPS provides complete instructions through their program as well as on-going “advisors” to help make the most money for you. The user guide is well written and besides stepping you through the installation and activation of the software, it shows you how to back test it against historical data. Back testing does indeed show similar results as those claimed on the sales page.

In addition to the user's guide there is a 74 page Fx Autopilot Advanced eBook. Although this book is a general guide to Forex, and doesn't appear to be written specifically for the Forex Autopilot program, it is a very good guide to Forex for those new to Forex.

If you do open an account with www.forexmeta.com, using the link provided with your purchase, you'll receive a $100 USD bonus in your trading account.

Forex AutoPilot is versatile. It is suited for both the beginner, as well as the experienced trader: it helps the beginner to trade on the forex market on a sure footing, whereas experienced traders can boost their profits and cut down on tradingtime with the use of the various automated features of the software as the follwing user reviews reveal.

Forex Auto Pilot is instantly downloadable software that runs on the backing of several hundred computers.

USER REVIEWS

-- Alejandro Sampas:

"I brought the product and opened a demo acct with 2000.. I have made 3624 so far. As of now I have been making around $200 everyday... a few days ago I made $600 in one day. I let the system run 24 hr a day when the market is open and only close it down on weekends. I change the lot size to 1 instead of their recommendations for an account with 2000 and increased max orders to 3"

--- Josh Christie:

"I've been using Forex Autopilot System and in my opinion this is a good trading system. However, you need to change the standard definitions if you want to achieve a solid performance with minor drawdowns. Also, the best currency pair to use this system seems to be the EUR/USD."

--Juan Sonta:

"I had some difficulties installing Forex Autopilot and the support staff was great. They solved the issue in less than 2 hours. About the performance, I back tested it for 3 years and I was impressed with the results. It was correct about 74% of the time and achieved around 10% per month, on average."

---Daniel Gomes:

" I'm really surprised with this system. I'm paper trading with it and it made me 612 pips. So far, it has been correct 80% of the times."

---Justin Rockwell:

" Just started using this system and I must confess that I'm impressed with the ease of use and the performance"

In conclusion, Forex Auto Pilot is worth it for a number of reasons:

  • You get a proven and fully automated forex trading system.
  • You get a forex trading system that picks its own signals
  • You get a forex software that tells you the best times to buy and sell
  • You get a forex system that is proven to generate maximum takeaway profits.
  • You get a forex system that takes away margins for human error
  • You get a system that takes away all the manual work from forex trading.
  • You can Try Forex Auto Pilot System for 8 weeks and get a no questions asked full refund if you are not happy with the results.

 

 

 

 

end of forexautopilot review

 


Copyright 2009, Globus Media Services