• Forex Robot: Volatility Factor

• Trading Style: Scalping EURUSD, GBPUSD

• Platform: MT4

• NFA Compliance: Yes

• License: 1 Real Account / Unlimited Demo Accounts

• Cost: $267 (Lifetime Updates)

» Visit Volatility Factor

Introduction to Volatility Factor

The Volatility Factor is a Volatility-Driven Expert Advisor designed to trade exclusively GBPUSD and EURUSD via MetaTrader4. It can be used in any Forex Broker (including the US), and any account size.

How Does Volatility Factor Work?

The trading strategy incorporated in the system is based mainly on current market volatility and focuses on optimal entry levels for opening new positions. The Forex Robot scalps Forex and targets to achieve profits of 8-15 pips per trade. It is designed to deliver 3/4 trades per day. The developers claim that by opening new positions at the right levels, the system places tighter stop-losses and thus offers reduced loss potential.

Overlays, Indicators, and Oscillators

Technical Analysis is a set of tools and techniques used either to identify the market trend and/or to identify if the market is trading in overbought or oversold levels. Here are the basic categories and tools of technical analysis traders use worldwide.

• Overlays

• Price-based indicators

• Volume-based indicators

• Market and Breadth Indicators

Hundreds of different indicators are available today. Most traders nowadays use technical analysis inside MetaTrader4. Other trading platforms offer a wide variety of indicators, such as the NinjaTrader platform, which includes additionally astonishing charting capabilities. Even Ms. Excel can be used as the basic framework for implementing Technical analysis.

» Review Trading Systems at FxPros.net

Important Technical Analysis Indicators

Here is a list of almost all popular Technical Analysis Indicators and Overlays. These tools may be used by all kinds of traders: Forex Traders, Stock Traders, Commodity Traders, etc.

■ Overlays

Overlays are incorporated within price charts:

• Support (↓_ ) and Resistance (↑¯ ) Levels

• Trend Lines (/ or \)

• Channels (Two Parallel Trend Lines)

• Pivot Points (The average value of High, Low, and Close Prices, for a certain period)

• Bollinger Bands (A Range between 2 bands deriving from the Price of Standard Deviation)

• Price Channels (The channel formed from the highest highs and the lowest lows)

• Moving Averages (Very popular, Simple, or Exponential Moving Averages)

• Moving Average Envelopes (Two simple moving averages forming a price channel)

  Read more: Technical Analysis Overlays and Indicators

INTEREST RATES

In the US, the FOMC holds eight (8) regularly scheduled meetings during the year (January, March, April/May, June, July, September, November, and December)

Higher interest rates make a domestic currency more attractive to foreign investment. Unexpected changes in interest rates create enormous volatility in the Forex market. Carry trading accelerates and enhances the impact of changing interest rates.

INTEREST RATE DECISIONS

(a) Tight Monetary Policies (aiming to deal with high inflation) favor currency appreciation

(b) Flexible Monetary Policies (aiming to deal with weak growth and unemployment) lead to currency depreciation

• FOMC (US) Meetings Calendar

• ECB (EU) Meetings Calendar

• US Interest Rate Probabilities (FEDWatch Tool)

• Real Interest Rates (WorldBank)

DUKASCOPY EUROPE RATING REVIEW -Using the Formula V.4.0.

Dukascopy Europe Rating Summary

The sum of each Main Factor of the Dukascopy Europe Rating Analysis (1, 2, 3, 4)

» Start an Account with Dukascopy | » Dukascopy Europe Review

Forex Time (FXTM) REVIEW

FXTM General Info

• Company Name: FXTM is the Brand of Exinity Limited, ForexTime Limited, and ForexTime UK
• FXTM Offices: FXTM maintains offices in Cyprus, Mauritius, and the United Kingdom
• FXTM Regulation: CySEC (License 185/12), FCA UK (License 777911), FSC (Licence C113012295)
• FXTM Foundation: FXTM was founded in 2011
• Online since FXTM has been online since 2011
• US Clients: FXTM doesn't allow US Traders (NO)
• Islamic Accounts: FXTM offers provides SWAP-Free Accounts (YES)
• FXTM Execution Type: ECN / STP
• FXTM Customer Support: 24/5 via Phone and Live Chat

» The FXTM Website

• Forex Robot: Forex Megadroid

• Developed by: Albert Perrie and John Grace

• Trading Style: Scalping EUR/USD

• Platform: MT4

• NFA Compliance: Yes

• Cost: 67 USD (one-time)

» Forex Megadroid Website

Forex Megadroid Review at FxPros

The Forex Megadroid is a Forex-scalping Expert Advisor for MT4 and ZuluTrade platforms designed in 2009 by John Grace and Albert Perrie. Since then it has proved significantly popular among traders all over the world and has sold tens of thousands of copies. Forex Megadroid is an expert advisor designed to trade exclusively EURUSD under any market conditions.

How does the Forex Megadroid Forex Robot work?

The Forex Megadroid is based on RCTPA technology, which means Reverse Correlated Time & Price Analysis. This feature allows the Forex Robot to compare and analyze currency prices in different markets. The Forex Megadroid algorithm measures current market conditions (demand and supply) and generates forecasts about how the market will perform in the next couple of minutes.