Forex Megaliner Robot
Forex Megaliner Robot
What are Forex MegaLiner Robot and Expert Advisors in general
What is Forex?
Forex is a Foreign Exchange that means different currencies trading. Nowadays anyone can try to buy and sell at Forex in order to make some profit out of a deal. Price difference of the same currency pair may be different within few days and even within the single day. This price difference when you purchase it and later sell at the best price turns into your profit.
How to start?
Forex trades can be placed through a broker. There are lots of them online providing you with a free trading terminal – MetaTrader4. It is an application to be installed at your PC in order to be connected with Forex market. Now you can use this MT4 terminal to place your orders. Surely a demo account is absolutely recommended for all novices. And this way, there are no additional expenses for you. The only knowledge you need is how to download, read PDF manual and follow its instructions.
Orders and auto-trading
Orders can be placed with just a few clicks and the broker then passes the order to the market. This can all happen literally within a few seconds. At Forex you may Sell or Buy manually or use so-called robots or Expert Advisors to trade automatically. They follow certain market conditions and open/close orders for you. Forex MegaLiner Robot is one of such auto-robots.
To sum up:
If you have a laptop or PC with internet connection, you may start using it today. No skills needed as it trades automatically and installation is simple even for a child.
How exactly Forex MegaLiner Robot works to make a profit
Forex MegaLiner Robot is based on moving channels breakout strategy. After you install the robot on EURUSD or EURGBP chart, M30 timeframe, you will see 2 yellow lines at your chart. They indicate the limits of the actual price channel. At the example below you will see that these 2 lines would stand for sell limit and buy limit orders. In other words, when a price reaches one of these levels – a new order would be activated.
The same time when limit lines appear at the chart you will also see LIMIT orders (or pending orders) below chart that would include all details:
Time when orders are placed Type of the order and the pair Price level to activate Stop Loss and Take profit
Each of them has fixed Take Profit and Stop Loss (the price levels when orders would be automatically closed). This information is sent to the broker immediately to secure orders in case a short internet failure happens. When price reaches any of the levels, the order is triggered and becomes active. You may guess when it happens watching if a price crosses any of yellow limit lines and if an order is highlighted with green color as the one below:
Now, when pending order become active, a trading has started. Auto-trading. Forex MegaLiner will keep a track of this order and move Stop Loss when possible to make this order “breakeven” – no loss and no profit point. In other words, when there is any profit reached it moves Stop Loss to fix it at this profitable or “zero” level. After that when a profit grows, it will also move Stop Loss value step by step to increase the secured gains. This method that allows to squeeze more profit out of a trade by constant Stop Loss moving is called breakeven trailing system and it is the core of Forex MegaLiner profitability.
Forex MegaLiner Robot Properties:Forex MegaLiner Robot Properties:
EURUSD and EURGBP, M30 timeframe 100% auto trading, no skills needed
Fixed Stop Loss and Take Profit No up-sells after purchase Auto-BreakEven Trailing system Guaranteed refund period Up to 1034 pips monthly at stable market (based on statement)
Compatible with all MT4 builds, any broker (4 or 5 digit terminals)
Daily performance due to Self-adjustable and Moving Breakout Yellow channels
Forex Trading – Foreign Exchange Course
Want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Salepage : Forex Megaliner Robot