THE GOMEGA
GBPJPY
RELEASE IS OVERRCTPA (ARTIFICIAL INTELLIGENCE) DRIVEN ROBOT
On March 31st FOREX
MEGADROID, a new forex robot was released to the
public. It's from Albert Perrie and John Grace, professional
bank-trained FX traders with 38 years combined experience between
them. Albert and John have been trading the forex markets since
the late 1980's.

Forex MegaDroid
is pre-programmed to make trades
based on its prediction of price movement and direction during
the next 2 - 4 hours, unlike other robots which are based on
historical patterns and cycles. They call this RCTPA (Reverse
Correlated Time & Price Analysis) which has enabled Forex
MegaDroid to achieve an
accuracy rate of 95.82%.
Available from March 31, at an introductory price of just $97. Get full details on the publishers' website:
GOmega XRay features in brief :
Enhanced money management features that integrate both profit target and risk/reward ratio to calculate the optimum position size.
Proprietary indicators that work behind the scenes to avoid side-ways moving markets while allowing the leverage you need to stay in trades without being unnecessarily 'whip-sawed' out.
A profit capture feature designed to lock in profits. XRay liquidates half the position size when the profit target reaches a certain percentage. At this point, stop loss is reduced and the remaining half of the trade continues to run until the target is reached, or the trade is stopped out.
GOmega XRay monitors the markets all the time they are open, so that you don’t need to.
How GOmega XRay differs from GOmega Trader FX and performs better and more profitably
The keyword here is simplification and is the rationale behind the development of GOmega Xray. Many of GOmega FX’s complex components have been modified and combined to produce a simple system with a simple mission:
To hit your profit targets at several times your initial risk, or exit the market with a 1% maximum loss of capital.
This means that Xray takes a much longer view of market conditions than you may be used to. In fact, it could be in a trade for several days, even in the lower time frames, as it moves forward with its mission.
GOmega Xray is different from previous versions in several distinct ways:
Xray was created to make slow but steady gains, employing a revisable stop loss, smaller position size and higher Reward/Risk ratio. In some ways it’s a bit like buying options. You know your risk and your potential return ahead of time, but you may have to wait a while to reap the rewards.
In addition to a Profit Target, Xray includes a Reward to Risk component.
With GOmega Xray, the profit target and reward/risk ratio are integrated into the system’s position sizing algorithm.
For example: on a $5,000 account, risking 1% of the balance, a 300-pip profit target, R/R ratio of 3.5:1 will yield an 86-pip stop loss and a position size of .06 lots – and it's all calculated automatically
Xray compares the relative strength of each currency against all crosses of each currency in the pair you are trading, and filters entries based on that information.
The system measures volatility in two distinct ways, combining standard deviation and average true range into the Market Pulse indicator, which identifies areas where market action is picking up and trends may be under way.
Xray distinguishes between “random” market movement and trending movement through its proprietary Randomness Indicator.
Automatic scaling out—when a predetermined fraction of the target is reached, Xray will liquidate 50% of the trade’s position size.
Xray has fewer parameters. Most are fixed or limited to a narrow range.
Xray can be traded 24/7
An optional trailing stop loss is included among Xray’s strategies.
The combination of these components makes GOmega XRay possibly the most powerful automated trading system available on the market.
GOmega XRay is no longer available.
An alternative may be the new Forex MegaDroid
Automatic or Automated Trading Systems, Autopilots, Robots and AutoTraders – 'hands-free' forex trading systems – are becoming more and more popular. They allow inexperienced traders to make profitable trades without all the technical 'know-how'.
Forex autopilots or robots –
automated forex systems are easy to install, set up and left
to run, acting on built-in buy,
sell, take profit, stop loss and exit signals.
They may be run on a reliable standalone PC or left in the care
of a
remote VPS.
What an efficient Forex Autotrader means to you:
No more manual order entry
No more missing an opportunity because you were away or asleep
No more sitting in front of the computer for hours at a time
No more having to be there to calculate and adjust stop losses
No more being stopped
out at a larger loss because you were not
there to modify your stop loss when conditions called for a
change
No more missing exit signals because you were away or asleep
No more second-guessing yourself or the system
No more fear or greed sabotaging your trading technique.
TRADING ROBOTS AND AUTOPILOTS
Spending 'big bucks' doesn't ensure trading success, though. Having a brokerage account with several thousand dollars has the potential to make more money than a few hundred, but everyone needs to start somewhere.
There are many profitable MetaTrader 4 EA's available now, with FAP Turbo, PipZu, Pips Leader, Forex Detector, Terminator, Maestro, Boomerang as examples, plus the about to be released Artificial Intelligence robot, Forex MegaDroid being released on March 31st.
Compare the features and performance of many popular forex autopilots with GOmega Trader FX. See 2009 trading results for these automatic trading robots at Forex-On-Auto.com
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