My readers know that I seldomly recommend an expert advisor.

This time Forex Overdrive caught my attention.

It trades safely with tight moving trailing stop loss.

It has a very complex trade strategy scanning through many indicators to watch out for trade opportunities.

It’s success rate is 99% percent! Yes that is right.

It takes small safe profits but many times it catches price explosions in one direction.

It has a very smooth trading curve.

Look at my backtest for 2009 below:

http://www.forexrobotscoach-louizos.com/StrategyTesterOverdrive.htm

StrategyTesterOverdrive

I definately recommend this Forex Robot!

Click here to get it before the vendor decides that it the price is too low for his product’s quality!

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I believe in sharing!

I have just released Pin Trader EA V2.0 in Forex Factory Forum

This version of Pin EA uses conservative trading with Pins.

Get it here:
http://www.forexfactory.com/showthread.php?t=222791&page=3

Enjoy and give me your feedback!

L.A>

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I recently got very interested in coding trading patterns in Forex.

One of this patterns in Pins. If you want to learn more about Pin Trading go here:

Pin Trading Tutorial

i have created a Pin Pattern Recognition Indicator that will help you very much in your Pin Trading. I have shared it with members of Forex Factory Forum below:

Get Pin Pattern Recognition Indicator

If you are experienced with Pin Trading please send me details on how you trade with Pins.

In return I will create an Expert Advisor based on this which I will share with you.

Thank you

L.A.>

 

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I am bored from those scalper EAs. Scalping is an amateur trading strategy. Scalping is like begging for change and then losing all your change in one roulette round.

I hate scalping EAs. They give me stress. I do not like huge drawdowns for mini profits.

OVERALL: I will not use any Scalper EA in the future.

With this in mind I am starting a new project. To find all the non scalping EAs out there, test them and show you my results.

Soon all scalping EAs will be obsolete. Brokers have started a war with them. For example if most of your trade profits are within spread, which is true if you use scalping EAs then the broker will deactivate your live account. Nice huh?

So stay tuned as we start our project to find the EAs that will stay in the game as scalping is obsolete!

I will be updating this project with every non scalping EA that I find and test. Stay Tuned!

Regards,
L.A.

Look this trading curve! One month of the most well known commercial scalpers. Look at the mini profits and the huge drawdowns!
I do not want this any more in my trading. Do you?

Scalper Fracking Trading Style

Scalper Fracking Trading Style

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Take a look at this guy’s expert advisors here.

He is the winner of 2008 automated trading championship, so I think he may have some goodies for you…The fact that these EAs are not hyped or oversold makes them a good candidate for me…

I have not tried his expert advisors.

If anybody has given them a try please leave a comment below in this post.

L.A.

PS: I am not affiliated to this guy and his expert advisors.

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If you asked me what is missing from today’s automated trading industry I would not even take a nanosecond to think of the answer:

INNOVATION IS MISSING FROM AUTOMATED TRADING INDUSTRY

A lot of marketing guys have recognized a potential marketing opportunity and jumped in.

What they have done is s a big scandal in the industry of automated trading.

THEY HAVE COPIED OPEN SOURCE EXPERT ADVISORS

&

SELL THEM FOR GOLD.

 

This is the definition of SCAM.

I am a programmer myself and I know what it takes to create a software. Countless hours in front of computer screen (especially for debugging, see Godel’s incompleteness theorem for programmers here) and tons of Cola and caffeine beverages.

I get mad when I see this copyright theft taking place all over the net.

At least there are some guys out there that do everything they can to stop this theft. One of these guys is the ones behind the 4xProject.

They have a very good site with good live trading results of forex robots.

They also have a forum with some software thefts exposed. Look at the post here.

Great work! Make sure to become a member of this site and forum! It is an excellent paradigm of people doing great and sincere job!

Best wishes for the coming year,

L.A.

 

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