Forex Robot – Build Your Own Automatic Trading System for Triple Digit Gain!

There are two main criteria you need to program the rules and these are – Enter the Market and exit the market or your stop. You can use a large number of time indicators in your trades but in an automated trading system, you need to use the least possible and here I will show you how to create a system. rule of 1 based solely on the order of trading.

A very simple system would be one based on the standard deviation (volatility) of the price. The Bollinger Band for example, represents a middle average band and the two outer lines, are the standard deviation from the norm or average, because volatility increases with bands that widen from the average. You can easily create a simple volatility system using your own settings so here’s what you do.

You need to decide a moving average in the middle line to start. This is where prices can be found in support of a bull market and resistance in a bear market. A buy signal, can (and will hold) in a bull market if the frequency is hit, the outer bottom band will provide the stop level.

All you have to do is try different moving averages and standard deviation settings for outside bands but it’s easy to do with today’s software. You have to decide a spread of currencies to sell it and try it again over time, to see how successful it is – because it has only one rule, it will present a realistic test of the performance.

The logic of the system above is easy to understand and below, you can see how to generate a buy and stop signal in a bull market.

In a strong bull trend, prices may drop from an average price but they will usually find support against the average. If volatility pulls prices through the middle band to the outer lower band, the supply and demand situation is likely to change from strong to bearish and a stop may be placed.

You need to do a little research and you can add more filters if you want but a system based on volatility when traded on a spread of unrelated contracts will work (they very rarely work on a contract).

I’ve seen people profit from a lot of simple automated systems and you can too. Sure you need to spend some time researching and testing as well as any long term trading system but if you do a little work, you can easily build your own automated trading system in Forex and earn in under 30 minutes per day.