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The Good: The new revolutionary forex robot with a completely new trading approach.
The Bad: Nothing bad so far.
Last month I got some really great news. At the end of August 2010 the new revolutionary forex robot - Forex Bullet Proof will be released. And this is not just new hype, It's a completely new trading approach, which has never been released to the public before.
And the best part - I got a chance to become a betatester and to see it before the general public! Today I'm gonna share my results with you.
Forex Bullet Proof works on two currency pairs: EURUSD and USDJPY on M1 timeframe.
The whole idea is based on proper automatic lot size calculation using the progressive lot sizing techniques.
The robot's trading hours and days are carefully selected based on the time zone differences between the closing and opening times of stock exchanges in different parts of the world. That's why the robot is always overall in profit no matter what the current situation is on the market. The time of the robot's market entry is set to a fixed time of the day, during which the massive asset transfer from US stock exchanges to the European ones takes place because of the American trading floors (NYSE, CBOT ect) closing down for the night and the European ones (Frankfurt, Amsterdam, Brussels etc) being about to open in the morning, therefore boosting up the demand for the Euro against the US Dollar, as all stocks in the US are being traded for the US Dollars and all stocks in Europe are being traded for the Euros. The same is true for the USD/JPY currency pair, when the Japanese stock trading for the Yen ceases in the evening (NIPPON, NIKKEI etc) and the American one is about to resume in the morning.
On the backtests this expert advistor shows very stable results and good profit, also, this robot is not so sensitive to the spread because it trades 2 currencies with huge liquidity.
Besides, Forex Bullet Proof has a nice trading activity; during one day it can make twenty profitable trades!
I was really excited by the test results and decided to use it on my real money account from Iamfx with microlots.
Guys, make sure you follow Bulletproof's recommendations on deposit and lot size when trading if you want to keep it really safe and I hope you'll get great results like me!!!
As far as I know Bulletproof can also be purchased in a special package with the High Voltage risky robots and the Market Dominator - the manual trading system that won the forex trading competition recently.
