Forex Autopilot Review
Forex
Autopilot or F.A.P.S. is an automated "hands off" Forex trading system. The product was
created by Forex investor Marcus Leary and based on the trading strategies he had honed over many
years.
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Since it's launch, Forex Autopilot has proven to be one of the more popular and profitable Forex systems around. While newer
Forex robots have been released and surpassed the technological power of FAPS, the product remains
a solid choice for automated Forex investing.
What Are The Features Of Forex
Autopilot?
F.A.P.S. uses a number of
Forex indicators (over 20) such
as DeMarker, Alligator,William’s Percent Rate, and
Fractals. This is combined with eight EA advisor scripts
to allow significant room to tweak your robot until you find the most profitable settings.
Forex Autopilot allows you to use multiple currency pairs, giving you further customizable
options.
The main features of Forex Autopilot are as follows:
Non Farm Payroll
Robot: This trades the result of the Bureau of
Labor statistic report, which is released on the last Friday of every month. This is
typically an extremely volatile period of trading and offers incredible opportunities for
hitting big time trades.
Ultra Trend
Indicator: This is an advanced tracking tool used to
measure key resistance and support levels. The indicator gives the robot a great idea of
where the trend is heading.
Are There Any Cons For Using Forex
Autopilot?
One
shortcoming with the Forex Autopilot trading program is the lack of a "stop loss" feature. The robot relies on it's own
signals to get itself out of trades. This can cause major drawdowns, if the program is on the wrong side of a
trade.
Conclusion
We believe Forex Autopilot is a solid all around program that can be used by risk
adverse individuals who are looking for solid but smaller profits. Despite the drawdowns, F.A.P.S.
employs a rather conservative model of trading, that relies on numerous smaller trades rather than
few larger ones. The program comes with a full 60 day
guarantee, as well as a 74 page ebook that will get you up and running in no time.
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Consumer Feedback (Complaints and
Testimonials)
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I have been using Forex Autopilot for over a year now and it has
consistently made me profits every single week. I can leave it on when
I a sleep and know when I wake up my trading account will be flush with new
money!
User Comment from website (http://www.ezinearticles.com) |
Forex Autopilot is a very good automated trading platform for
beginner or advanced traders alike. I recommend anyone to add it to their
trading portfolio.
User Comment from website (http://www.twitter.com) |
As a complete newbie to the Forex, I was shocked at how easy it was
to plug this program in and start making money. I have increased my
account about 400% in the last few months. I couldn't see that kind of
return anywhere else!
User Comment from website (http://www.squidoo.com) |
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