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.
• 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.
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 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 .
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