If you're interested in Forex trading you've probably come across at least one Forex Autopilot review. Forex Autopilot has been heavily advertised and under review has been done by media companies as the Business Week, CBS News and NBC.
Reading the product review doesn't mean that you'll start minting money overnight. You should also be aware of trading strategies, economic conditions and other factors. The review should only be taken as a valuable advice to help you in your choice of a trading robot.
Let's review and take a look at this software and find out what makes Forex Autopilot so special and unique to the Forex trading world and among robots that are used for autopilot trading.
The Forex Autopilot is a system which allows you to trade with no prior knowledge of the currency market. This type of Forex system is developed for the Meta Trader 4 trading platform and is called an "EA". (Electronic Adviser). These robots will work 24x7x365, analyzing the markets and taking trade orders n your behalf.
The Forex Autopilot robot was created by Marcus Leary (a trader) along with Steven Strauss (a programmer). Today they're both happily earning money in the comfort of their homes. In a recent review the creators of the robot shared their secret that the software, away from using Alligator, DeMarker and MA indicators, also utilizes the Fibonacci Formula that determines when the beneficial times would be to both enter and exit the…