Even with the existence of various Forex trading software programs, not one of these is fail proof. Despite the high accuracy and accomplishment rates, the possibility of performing losing trades is still evident. Traders should be responsible in knowing the currency being traded so that these losing rates can be minimized. Although Forex robots can perform on their own, the users still have the power of making the final decision. Thus, traders should keep learning about the exercises of the Foreign Exchange market and how it works.
Just like the human race, Forex robots are continuously varying and being enhanced. The creators and developers who program these robots with up to date technologies all have one goal in common: to be able to produce the perfect Forex robot that'll produce more wealth and profit to the trader. Thus, in this line of business, robots that have the best software have a higher chance of captivating the market. Currently, here are two such robots that are gaining popularity among the traders. These are the Forex Megadroid and the FAP Turbo. The differences of these two robots will be discussed in this article to help the trader get more idea of these Forex software programs.
How This Robot Was Programmed
The Forex Megadroid is the first robot to be developed with artificial intelligence. This software is using a technology that's known as the Reverse Correlated Time and Price Analysis or RCTPA. This technology enables…