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Forex Megadroid - How User-Friendly is This Forex Software?
As automated Forex trading software continues to reshape the nature of the Forex market, the arms race intensifies between developers trying to combat the numerous failings of Forex programs. Such "Forex robots", as they are commonly called, sell themselves on the siren call of simpler, easier, more profitable Forex trading for one and all. Precious few manage to live up to even one of these claims. Outdated algorithms using obsolete strategies waste money on bad trades, byzantine user interfaces and cryptic documentation render even the most basic tasks an exercise in futility, and setup tends to be a labor worthy of Hercules himself. Even the very Forex brokers that allow ordinary people to trade on the Forex market can prove an impediment, as measures designed to discourage the use of Forex robots easily detect when traders are using such programs.
With all these issues in mind, you may find yourself reconsidering a potential purchase of one of the many automated Forex trading systems available. Don't. Instead, focus on one of the best: Forex Megadroid.
The first advantage you'll notice about Forex Megadroid is in its setup. The entire process takes under five minutes, counting download time. You can purchase and install Forex Megadroid in the space of a commercial break.
The second advantage is its user interface. Forex Megadroid was originally developed by professional Forex traders for professional Forex traders: in its embryonic state, however, creators Albert Perrie and John Grace - two veteran traders with nearly 40 years of experience between them - recognized the software's potential as an automated trading system and spent the next eight years honing and refining it into the program it's known as today. Operating it can be summed up in one simple instruction: "you turn it on." That's about all you have to do.
The third advantage can be summed up in five letters: RCTPA. Reverse Correlated Time and Price Analysis is Forex Megadroid's trump card, its means of circumventing the eternal scourge of Forex robots: when the market changes, Forex robots stop making money. It's as simple as that. Ever play chess against a computer? It may seem incredibly intelligent - famously, a computer once beat the world's most famous grandmaster! - but all it really does is look back over a massive catalog of past games, compare those scenarios to the present, and compute the best move from that information. Forex robots do the exact same thing, only the playbook they need to work from is necessarily much bigger...and just like a chess program, they're helpless if there's nothing in the playbook for the current situation. Now imagine a chess program that can play like a human does, analyzing what's happened and what's happening right now and forming from that information a coherent picture of what will happen and what needs to be done in response. That's the mindset that RCTPA applies to the Forex market. It can predict market conditions 2-4 hours in advance with 95.82% accuracy, and this advantage translates into larger profits and smaller losses.
Finally, we come to the threat that Forex brokers potentially pose. Generally, Forex brokers do not like it when traders "cheat" by using software to trade. Getting caught using a Forex robot can have dire repercussions: your ability to make money may be severely impacted, or worse, your account may end up closed entirely. The trick here is to understand that the telltale signs of a Forex robot at work can not only be detected, they can be masked. Forex Megadroid comes armed with a "stealth mode" that hides it from your broker's prying eyes, allowing you to continue making profits unimpeded.
These four issues are some of the most salient problems with Forex software as a whole, but Forex Megadroid not only overcomes these hurdles, it pole vaults over them. This software can be seen as a turning point in the dynamic behind the development of Forex trading systems: it's easily one of the top programs in terms of reliability, user-friendliness and profitability.
Article Source: http://EzineArticles.com
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