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Try these 100 pips a day Strignano’s Forex Signals and learn how to trade like pros from Tom Strignano- An EX CHIEF CURRENCY TRADER. This service also has an EXPERT ADVISOR programmed by an EX NASA programmer that gives a very good ROI every month. Discover the best Forex Robot that can double your money every month while you sleep. First practice on your Forex Demo Account. In the last few years, automated trading systems have come off age. Automated trading is the rage now! Especially in forex trading, development of the MetaTrader MT 4 platform has revolutionized everything. Automated forex trading system also known as Expert Advisors are now very easy to develop. These expert advisors are also popularly known as Forex Robots.

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Any mechanical trading system can now be automated. Automation of trading systems have made trading easy for many people who had never traded before! The automted trading system or what you call the Expert Advisor trades automatically opening the trade when the conditions are right and closing when the profit targets are met or the market is showing too much volatility.

Previously forex trading used to be a laborious excercise with the trader all the time glued to the computer screen. Not any more! Installing an Expert Advisor on MT 4 allows you to trade forex on autopilot. Every month, a new forex robot is hitting the market with tall claims.

But how do you know this forex robot is good. Backtesting is no good. It is done with historical data. So anyone can do curve fitting to get excellent backtesting results. Market conditions keep on changing. Market behavior is organic. Whatever happened in the past is no guide for the future. Remember, the crash of 2008! Those were unprecedented times, no one had any idea what was going to happen in the future.

This is the major problem with these Expert Advisors or automated trading systems. Most are simply two to three indicators hooked together to give a buy or sell signal. With this in mind, FXCM and Boston Technologies recently announced the first ever Forex Robot World Cup. All forex robot developers have been invited to take part in this competition. A huge cash prize of $100,000 will be given to the winner of this competition.

Many developers are taking part in this competition. Their robots will be tested under real live challenging conditions. The competition is ongoing. When the winners are going to be announced, this will be the first time that you can look at a list of forex robots and their live testing results done by a third party.

Automated trading with Expert Advisors or forex robots is going become more and more popular with the passage of time as their performance improves and better and better automated trading systems are developed!

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