Forex Gold Trader Expert Advisor Review

Type:	Automated Forex Robot
Price:	$127.00
Website:	www.forexgoldtrader.com
Support:	Email
Guarantee:	30 Day
Pairs Traded:	Gold
Timeframe:	1 hour
Rating:

Forex Gold Trader Review

Every once in a while an Expert Advisor comes along with a slight difference. As is suggested by the name, instead of trading the currency markets which is the focus of the majority strategies, Forex Gold trader instead trades the spot gold price. In addition the latest version 2.0 release has also been expanded to allow the spot Silver price to be traded.

Those who have followed the price of gold in recent years will know that this yellow metal has been in something of a bullish uptrend. It is the continuation of this trend that this system primarily seeks to capitalize on.

Key Points of Forex Gold Trader System

• Automated trading of the Gold and Silver spot prices
• Trades on a 1 hour chart timeframe
• Trades around the clock (24 hour period).
• Includes four built in risk strategies to tailor the approach to your trading
• Full installation and configuration settings provided in accompanying manual
• Email Support and access to future updates provided

Forex Gold Trader EA Summary

While the system has up until now relied heavily on the continuing uptrend in gold, the latest version has included a range of new settings. These have focused on primarily on improving the money management rules and have also added a configurable stop loss feature. Furthermore as mentioned previously, the EA can now be also be used to trade the spot silver price (although traders should be aware of the strong correlation between these two assets).

The release of an updated version of the system shows the developers are on the ball. More importantly they are providing the features that traders have requested. This can be seen by the four risk profiles on offer. This allows you to set the system to trade in line with your own risk profile and is a nice feature that we would like to see other developers adopt.

The configuration and setup of the Expert Advisor is straightforward and covered in the accompanying manual. You also receive lifetime email support from the vendor. Having used this we were pleasantly surprised by the speed of the response.

Of course every system is ultimately judged by its performance and Forex Gold Trader is no exception. The results from the system have certainly been good to date. You can find a full set of results, live and back tested for each of the provided risk profiles on the website.

For a unique and profitable way to participate in the gold markets, Forex Gold Trader offers an excellent and potentially highly profitable solution.

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