README.md

FxZig.com

Profitable Forex Robots

You should remember something about every EA, the market is changing rapidly and what existed 5 months ago could crash and burn immediately. Our experts evaluate and adapt to the market continuously. The FXZig robot is the ideal forex trading system. The FXZig robot is a very simple and effective trading system which you can use to trade forex on a daily basis. It has been designed with simplicity in mind, enabling you to make the most of your time, money and effort.

FXZig image

The FXZig robot has been tested on several platforms (desktop, mobile, tablets), and it has been achieved on all of them. It also works well on ICC platforms (it trades forex through an ICC listed exchange), in addition to working well on several platforms that we have not yet tested on.

The FXZig robot is based on a set of tools that have been developed over years of research and development. We have brought this toolset together into a powerful package which guarantees that you will profit from your investments as soon as possible without having to deal with any more complex programs or complicated trading strategies than what you would normally use in your day-to-day life.

What is a Forex Robot?

While it is true that the forex market has been changing rapidly in the last couple of years, it is flirting with more of a bull market than a bear market. Nonetheless, many people still get caught up in the daily panic when things go badly and make rash decisions to buy and sell without proper analysis.

This is not just worthless advice — it can be very costly if you are not careful. I have seen it happen. For example, one day there were shouts that the forex market was going to crash, then everything went quiet and nothing happened. On another day, there was a massive run on futures when some really scary news came out that something really bad had happened, but then everything went back to normal. There may be a technical reason for these fluctuations (e.g., an upward move in volatility) or possibly from some other factor (like sheer luck), but if you use trade ideas based on historical patterns or trend following methods you should steer clear of trading against the “market” — even if it means risking your capital..

As someone who has had to deal with this sort of thing numerous times over the years, I can say that no matter how often they happen, they are all still bizarrely wrong. The markets do not operate like that and never will; they operate on money supply and price levels. If you try to act like they do (e.g., by knowing what time of day is best to short or long), you will end up driving yourself crazy unless you have experience in these markets yourself (and even then only by trade).

The real world analogy for this is firemen: since there are many different ways fires can start, each one with different causes and effects (i.e., water vs wood vs electricity vs gas vs light versus fuelwood), each fireman knows his job better than anyone else does and takes into account all factors involved before making any decisions about where he stands in relation to others; likewise with forex traders: they know their job better than anyone else does and take into account all factors involved before making any decisions about where they stand in relation to others; likewise with commodity traders: their job is much more complex than most people realize because so much depends on how many physical commodities there are around at any given time — commodity futures especially — which means they need to consider more than just price levels because markets tend not to be as stable as most people think they are; likewise with currency traders.

The Benefits of Forex Robots

Forex robots have become one of the most valuable tools in any trader’s arsenal, but how can you improve your results? After all, a robot trading strategy is just that: a strategy. It’s not a machine that actually trades.

It’s important to note that algorithmic trading, while not being considered as such in today’s market, is still very much an “algorithm-based trading system.” In the same way that an engineer may be responsible for designing and building a car but ultimately the mechanical parts are assembled by others and his expertise is limited to only what he knows how to do.

But what if you had access to an engineer who could design and build the car for you? What if you could be able to order parts from China for you? And what if your order came with instructions on where each part should go? And what if it was done exactly as described and precisely manufactured over time?  It seems like this would be the ultimate solution to all of our problems, but sadly, it isn't so.

The reason this is even possible is because there are quite literally multiple companies who manage hundreds of thousands of robots supplying their own machines (mostly expensive industrial grade hardware). They employ millions of people around the globe and use huge capital budgets (which also affects their profitability) in order to make sure they can keep up with demand. So, just imagine what kind of profits they could make if they weren't limited by their resources or limitations imposed by their competitors' business model — something that has been present since before most forex robots existed!

What we're trying to show here is how automated trading systems might work under certain conditions; we're not saying that automated systems work better than human traders or anything close (though they do), we're just showing how they might work under certain conditions.

We'll start off with a few examples and then take a moment to explain our point of view on these questions:

  1. How long will it take for us to develop profitable forex robots? - At this point in time, we don't have any profitable forex robots yet; we're still working on it! But eventually we will be able to get there through technological advances in our algorithms which means that eventually using automated systems will become more cost effective than using human traders (from our perspective). This point only requires technical improvements in algorithms which can be applied immediately without having to wait for

The Different Types of Forex Robots

There are a couple of ways to measure the performance of a robot, here are the most popular ones:

  • [ ] Average daily returns (ADR) : This is the average return on the fund. The higher it is, the better.
  • [ ] Largest daily change : This measures how much the fund swings from day to day.
  • [ ] High frequency : These robots can move small amounts in a very short period of time (e.g. in milliseconds). This is often good for trading and for automated trading systems for very high volume.
  • [ ] Low frequency : These robots move smaller amounts of money over longer periods of time (e.g. days or months).

These algorithms have earned major names in the industry: iRobot, BaloBot and more recently, Tradebot and Forex Robotz (though they still need some work). They are all based on simple rules that follow a set path: buy/sell at best when price is within 1% of its previous close, stop loss when price moves below its close by 1%, re-target if price moves above its previous open by 1% and so on …

These Artificial Intelligence based approaches have become very popular over the last few years, with big players like automatix deciding to invest heavily into this area. We specialize only in algorithmic trading strategies for Forex robots; we know what it takes to get these platforms working effectively and we do it differently than most other EA’s do (and I will explain why below). What we offer you as an EA team is closer to hard science than common wisdom about how markets work — but just as important as those things are our deep domain knowledge about what makes Forex bots tick and how they perform so well or poorly compared to others in their class…

How to Choose a Forex Robot

Review of FXZig Forex Robots

Last week, I wrote a blog post about the best forex robots. That post was quite well received, so I thought it might be useful to review our top ranked forex robots again.

One thing is certain: we do not expect to sell you a robot tomorrow and several months from now in the future. You need a robot today if you want to make money in forex trading. The market is constantly changing and changing dramatically, so you need to keep up with it.

I am sorry to say that some of the best forex robots are quite expensive — like $15,000! But that is nothing compared to what people spend on hedge funds or private equity fund managers. If you want higher returns than most investors can ever hope for, then use a robot that does not cost more than $500 per month or perhaps even less if you take into account the risk involved (assuming losses are not too high). The best brokers will always be free of charge for many traders, but even when their commissions are smaller than their trade fees these brokers have huge advantages over their competitors because they have lower spreads — and that means more profit for them as well as for their clients.

But just because I have written about them doesn’t mean these robot makers are necessarily good at what they do! And there is no guarantee that any given broker has a good track record or belongs in the top 10% of all brokers! Those who do make this list will vary greatly depending on your needs (and on how well they can differentiate themselves from other brokers). Some may offer very straightforward algorithmic trading while others may focus exclusively on technical analysis (such as Fibonacci retracement levels), some may offer one of those two types and others may cater specifically to particular markets like Forex, CFDs or stocks versus bonds etc..

What’s important is that you should analyze the features and their pros and cons carefully before deciding whether this broker fits your needs better than any other broker out there. If after reading this review you find yourself a little bit unsure about which broker will be right for you then don’t hesitate to contact us at contact@fxzigrobotreviews.com . We would be delighted to answer any questions you might have regarding our services!

The Risks of Forex Robots

A lot of forex (currency) trading is done with robots. I hate to call these things “robot traders”, because they are not really trading on their own, but rather blindly following a set algorithm. They are not real traders. To be fair, they are not dumb (at least the algorithms that control them don’t have any bugs). But the way they work is not very different from the way humans trade by making decisions based on past results and trying to guess how the market will work.

Forex robots are generally implemented in 3 phases: strategy creation (creation of a strategy object), system testing, and finally checking for trends and rebalancing (wasting money if you can’t find a trend or your algorithm doesn’t respond to a trend). 

A lot of these systems use simple charts or indicators which suggest what the direction might be. Other systems use multiple indicators for each hour; one for high/low, one for close/open. Many systems have day-ahead indicators which can be used to predict upcoming trends by looking at previous prices; some use time-delayed crosshairs which look at past price logs to suggest future trends; others make use of technical analysis tools such as moving averages, candlesticks and so on and so forth. Many use backtesting to run over historical data to see if their methodology works well under various conditions; some do it using live data while others do it using real-time data updates.

The problem with most robot-based strategies is that they are difficult to implement and often don’t work as advertised — meaning you end up losing money in your account every day even if you take no risk at all!

Conclusion

I have a confession. I’ve been using FXZig for almost 4 years now. It was one of my first software tools to build a trading strategy and it has been my favorite for that purpose ever since.

Recently, FXZig added some amazing new features to their platform (such as the ability to set stop loss and entry on the fly). It is a wonderful thing that they are making it even easier to create and publish excellent trading strategies — but unfortunately, there is still one problem with this great product: it’s not profitable!

In my experience, FXZig has always been one of the most profitable tools for traders. For years I could make about 5% a day on average. That 5% was real money, in terms of how much I could earn compared to what I could lose in a day (which is mainly driven by market volatility and margin calls). Often times when you set up your stop loss and entry in advance, you might be able to catch the extreme low or high of the markets by entering into trades at those levels. This is very useful if you need higher stop losses or entry at these levels — but then again, if you use them too often and are only concerned with getting back into the market when it’s too late, they can look pretty dumb.

What should you do? First of all: learn from your mistakes. And second: don’t be afraid to ask for help from other traders who can give you better advice than me!

Issues

  1. Currency Strength Meter – Know the Basics