Forex Roboteer has been developed by Peter Parsons to trade the lucrative EURUSD currency pair! So what is different about how Roboteer Trades? Forex Roboteer Uses a Trading array. A Trading Array is where multiple systems are joined so that they trade concurrently, but are fully aware of each other, and aware that they are sharing the same account balance. With Roboteer, each system is only allowed to be in a single Trade, giving a maximum concurrent trade count of 3, Forex Roboteer’s three systems each track their own trading performance and only grow lot sizes in line with their own performance. This, together with Ryan Jones fixed Ratio money management, boosts Roboteer’s performance way ahead of the competition. I believe that Roboteer is the first Trading Array to be made available anywhere.
The good thing about Forex Roboteer is that you don’t need to optimize it’s settings. Peter Parsons will do it for you automatically every month. Now this robot can give you something like 5-30% return on your capital each month. You can read the monthly live trading account statements from three brokers Alpari UK, InterbankFX and FXDD plus you can download a chapter from the Forex Roboteer User Manual FREE that shows what to expect from the Roboteer. Introducing Forex Roboteer….
* Is now fully anti-hedge complient for US brokers
*Uses a 3 system Trading Array (first of its kind)
* Built around the very Optimization techniques that Trading competition winners use.
* Auto optimization service part of the deal !!! All the hassle gone.
* Designed to Run Unattended, even while you sleep!
* Averages 77 Trades per Month (3.5 Trades a Day)
* Up to 83% plus Winners overall
* Fully Automated ‘BLACK BOX’ Forex Software
* Fully automatic Money Management
* Designed to Trade the EUR/USD only
*Even detects account type and lot sizes supported
* Compounds return as Account Balance Grows
This is what Peter Parsons says on Forex Roboteer optimization: “If you do not optimize a system’s parameters (variable settings such as the stoploss, profit take etc) then a system can drift away from the current personality of price action. This will mean less profit, and ultimately even losses over time. In the last ‘TradeOff’ competition, out of the top 10 best competing Expert Advisors, the top 3 all automatically re-optimize variable settings periodically to keep the system performing. IN fact there were better starters than the top three, but these ‘tailed’ off into losses over time. These EA’s did NOT re-optimize at frequent intervals.
Having spent the better part of the last 3 Years researching Optimization, I realized that algorithmic Trading systems – that’s ALL algorithmic Trading systems – have to be optimized and re-optimized regularly to maintain profit when forward trading the system.The issues of optimization though are several fold:-
***You need to know what parameter to optimize for (other wise you are just curve fitting)…Did you know that MT4’s ‘Tester’ applet does not optimize for the right parameter..!
*** Setup of both the Trading terminal, and second optimization terminal is complex. You need to make sure you have the right data when optimizing and you also need to know how much historical data to optimize against. It is incredibly time consuming (up to 80 hours to optimize depending on number of system variables, and amount of history needed)
I have finally solved this problem.I’ve coded external optimization parameters. I’ve spent the time and effort needed to set up two optimization servers that automatically update each User’s settings to give consistent forward trading results. By using optimized variable settings as part of the Forex Roboteer Trading system, you get all the advantages of the competition winners, without any of the issues.”