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The principle on which of Fish Forex Robot 4G by Rita Lasker is based and has been operating for the past 2 years, hasn’t changed. It’s simple and ingenious. It doesn’t require the use of tricky indicators.
The trading system of fish forex robot 4g uses the exchange rate of the EUR/USD currency pair between the daily closure time of open outcry trades and the opening time of the CME Globex electronic trading platform. After the closure of open outcry trades at 15:00 EST, a target is formed. A target is the opening price of the 15:00 bar.
After this, the price of the EUR/USD currency pair flats out and fluctuates lightly within a margin of 10–40 pips (percentage in point).
When Globex opens at 18:00, over the course of a few hours the price will reach the target, which is the exchange rate at the moment of closure of the open outcry trades.
Two limit orders—a Sell limit order and a Buy limit order—are placed at the moment of the 15:00 bar. The orders will be executed once the exchange rate reaches them. Eighty-four times out of a hundred, trades are closed on Take-Profit Orders.
In about 16 percent of cases, typically, in case of a strong trend, the price may never reach the target. In this case, the trade is closed on a Stop Loss order. This triggers the execution of an 3x adjustment order, with 15 pips Take Profit, which compensates for the drawdown of initial order.
The installation of the robot won’t require of you any special knowledge. If you are capable to copy a file with robot into Expert folder and open a certain currency pair – you can safely use Fish Forex Robot 4g: you already possess all the necessary skills.
After the successful installation the robot begins to automatically detect the current time on your terminal, while adjusting itself to it and then begins to open orders at the most appropriate times.
The only thing you are left with is to look at the screen to observe how your deposit continually increases. …[Get More Analysis of Fish Forex Robot 4g Review here]
Author Name : Rita Lasker
Author Website : fishforex.com
Supreme Feature : 100% Money Back Guarantee before 60 days
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