Free Forex Advisor - A Free System Which Makes Huge Profits!

Posted on November 28, 2009 - Filed Under Finance & Investment |

You will see lots of Forex robots and Expert Advisors sold online and they all claim they can make huge gains with low drawdown and they all lose yet, the free Forex Expert Advisor enclosed makes huge gains and has been making them for savvy traders for over 25 years - let's take a look at it.

The problem with most of the systems sold online which retail for a hundred dollars or so is there not from traders and the systems have never made any real dollars! The only way these systems can make money is, by simulating gains going backwards over historical data knowing all the closing prices! If you look at any of these systems none present a verified track record of gains. Simulations are easy - you know the closing prices but when you trade forward, you don't and that's the hard part of Forex trading.

The system we will look at below is from one of the great traders Richard Donchian, who has influenced countless of the world's top traders and is seen as the grandfather of modern trend following. He devised a simple system to trade commodities back in the late seventies and it works on any trending market and that includes Forex. The system is really simple because it only has one rule and I will give you the rule now - here it is:

Buy a currency when it breaks to a new 4 week high and hold the position and then wait, for a new breakout to a 4 week low then simply take out the long position and go short. After you have done this, simply reverse your position, on new breakouts to 4 week highs or lows as there hit - that's the rule and it couldn't be any simpler!

Does it make profits you are probably asking?

Yes it does and don't think because it's so simple it can't it does and it's based on logic which will always work in currency markets, they trend for weeks on end and all the big trends start and continue from breakouts. It's very profitable, will get you in on all the major trends and the signal is totally objective and easy to follow.

The system makes money and some of the top traders in the world have used it in raw form or with filters to smooth the equity curve but which ever way its used it makes money. If you want to know the best filters, you can use look them up in our other articles but this is a system that's made real dollars for over 25 years and will continue to do so long as markets trend.

Of course you can waste your money on a system from a marketing company, employing programmers that makes big claims and has no real time track record to back them up or you can get a system from a respected professional trader which has made countless millions of dollars, for savvy traders and can make you money too. Being a free Forex Expert Advisor, you have everything to gain and nothing to lose by taking a look at it.

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