I've personally been testing the Forex Funnel Expert Advisor for the past month on an Alpari MT4 Trading Platform. Following a slow but steady start it's now gone into overdrive.
It's an automated trading robot which can be installed into any MT4 Trading Platform and set to work within about 15 minutes of downloading it!
This Forex Expert Advisor works just with the USD / JPY Pair, which I personally love from a day trading point of view. With the FX Funnel it works for me so that I don't have to sit and watch a computer monitor all day ! It monitors the market trend and then sets points at which it'll enter the market by buying or selling the relevant currency. It automatically sets the "Take Profits". "Stop Loss". Points to make a reasonable profit on a regular basis.
The really clever bit which seems to have only recently started happening is that it'll automatically adjust and recover any losing trades by placing a further trade in the same direction but at a higher "size". This is difficult to explain without live trading examples. Essentially if the Forex Funnel placed a SELL trade, size 0.1 at 105.50. The value increased to say 105.70, then the Expert Advisor would then make another SELL trade at size 0.2. It'd automatically reset the take profits point of both open trades to say, 105.55 meaning that when the price recovered to 105.55, both trades would close out, the first making a small loss. The second making twice…