ForexGen Advanced Trading Tech.

Wednesday, July 16, 2008


Introduction • Trading in the Forex market is a challenging opportunity where above-average returns are available to those educated and experienced investors who are willing to take above-average risk. • However, before deciding to participate in Forex markets, traders should carefully consider the investment objectives and scope, the required level of experience and risk abilities that should be available, and the most important factor is to take into consideration not to invest capital, if you can not afford its loss. • There are considerable risk factors in any Forex market; any transaction involves currencies contains risks that is not limited to potentiality of changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. • Moreover, the leveraged nature of Forex trading means that any market movement will have an equally proportional effect on trader's deposited funds; this may work for traders and also against them. • Success in trading the Forex markets is not an easy task, It usually requires a tremendous level of understanding and discipline, and also requires the consistent application of correct trading strategies and rules, with uncompromising commitment. • The primary reason traders losing their capital is that “Traders do not understand the true nature of the market in which they are participating”. • In addition to the “Market Risk” associated with adverse price movement, there is a number of other “Risk Factors” that are inherent to online trading, whether manual trading or regular automated trading concepts available in some platforms.for more informations.... Purpose • By going through all previous points, ForexGen reached to some certain findings that aim to give traders the possibility to participate in the Forex industry with potentials in actually gaining money form the market and not often losing, this can be done by introducing the concept of “Automated Trading System”. • The goal of building this system is to replace the human involvement in trading and relieve the individual trader from the emotional, physical and psychological stresses of manual trading and the tedious monitoring responsibilities of running an expert advisor on a platform. • The system offers huge capabilities for any kind of trader, it does not really matter if traders have an intensive experience and knowledge in the Forex markets or without any knowledge at all, the system will always tune it self to adapt traders who uses it, offering trading features far in excess of what human traders are capable of. • The system offers traders an opportunity to trade the world currency markets 24 hours a day 5 days a week initiating trades on traders behalf according to the trader's selected strategies in the signal entry and positions management, Utilizing an advanced and -state of the art- trading strategies that determines exactly where to buy and sell and how to maintain the opened positions. • The system eliminates the emotional and psychological aspects of trading and allows strict adherence to proven trading rules and principles by providing the tools necessary for properly maintaining suitable account margin leverage. • The strategies embedded inside the system enables it to self-adjust to follow trending and ranging markets by using complex and sophisticated "market specific" trading algorithms and logic to analyze different price structure and movements resulting in self-adapting to the constant change in market conditions. • The system has the capabilities to trade major currency pairs like (EUR/USD, USD/JPY, GBP/USD and USD/CHF) and any other pairs available in the Forex market. forexgen Features • Trading platforms does not enable traders to open more than one pair at a time. • forexgen, offers traders the ability to open any number of positions at the same time, traders can choose whether to open a set of pairs together at the same time for hedging purpose or to open pair by pair when the used strategies confirms the entry, also the system provides the following features: Ability to open a group of pairs according to hedging theory and correlations factors between different pairs.Ability to open positions according to group of customized strategies.Ability to open the positions according to the predetermine directions with confirmation from the selected strategies.learn more.... Ability to determine using swing feature after closing the opened positions, trader can determine if the next positions of the same pair will be opened in the same direction of the first position or the directions will be reversed "swing between them”. Trading platforms does not enable traders to close more than one pair at the same time.• forexgen offers traders the ability to close the opened positions together at the same time when they reache the predetermined profit/loss value, or close the positions one by one according to the determined stop loss, take profit, and trailing options , also the system provides the following features: Ability to set stop loss in pips with any value to close the opened positions, no minimum or maximum amount is determined. Ability to set stop loss in value to close the opened positions. Ability to use dynamic stop loss feature, by using this feature the system will keep tracking of the opened pair’s status in terms of their current volatility and their history by using Fibonacci and pivots theories. Ability to set take profit in pips with any value to close the opened positions, no minimum or maximum amount is determined. Ability to set take profit in value to close the opened positions. Ability to use the trailing stop feature to protect the achieved profit at certain level, currently the system supports the following kind of trailing: The dynamic trailing feature, which calculates the trailing value dynamically for each used pair based on the current volatility, this feature will be an important aid in order not to close any opened position early and waste potential profit. Trailing on total feature, which apply the trailing feature on a set of pairs together and close them as group. for more informations....Fixed trailing feature, similar for what is currently provided in trading platforms with additional advantage which is having no minimum value for the trailing. Trading platforms enables traders to select number of lots to be opened for each pairstatically according to the selected lot size by traders before opening the positions. • forexgen offers traders the ability to have dynamic lots calculations, this feature is used to calculate the required lot to be opened for each pair without putting the account margin in risk, and this feature will be useful in gaining maximum reasonable profit based on the type of the account, deposited balance, and free margin of the account at any time. Example Using an account of $10,000 traders can open as many as 20 positions at the same time, every 2-3 positions may form a set and these pairs will hedge each other. The forexgen MT4 will choose the best entries for each set, and each set will be monitored for the best dynamic profit “trailing” or trailing on total. Once a set hits the right target, it will be closed and a new set will be opened according the selected criteria. The next figure will give a brief hint of this process.read more....

1 comments:

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