Automated Forex Systems - Whats The Scoop?

If you're anything like me, you've probably looked for managed fx accounts and even robots that will trade for you, I know I have. The truth is there are a ton of automated expert advisors that will actually place a trade based on a set of parameters and and indicators.

I've personally visited loads of forex forums and read until my eyes literally felt like they were going to fall out of my head. What I found was that the majority of automated trading systems or expert advisors were no good. I'd end up buying a system and testing it out only to find out, the results were inconsistent.

I recently came across a gentlemen on the forex forums from the UK who trades for a living and manages accounts for a few clients. He was talking about how he used an EA (expert advisor) to place trades for him, yet he was reluctant to share the source. I personally thought it was an amazing system and the results he showed me were unbelievable. Of course like anyone else I asked him if it's performing so well for you why aren't you just trading your own money? He then preceded to tell me that his goal was to trade up his clients accounts enough so that he could eventually begin with 300k of his own funds. It made perfect sense, not everyone has hundreds of thousands of dollars to begin in the fx market.

To make a long story short, I came to an agreement with him to trade systems, his EA system for my set of rules and indicators that has helped me with my success. After all, I was eager to get my hands on an automated trading system that actually produced good results.

I couldn't believe what I saw. His automated system wasn't some hidden secret or magical formula, it was something he had actually bought and implemented and it didn't cost him thousands of dollars either. He gave me the source to go purchase the system, so I did, and I'll tell you what it's been the best investment I could have ever made. Don't get me wrong, I still use my own system, however now I implement the automated forex trading software as well.

If you are interested in automated forex software, I've reviewed and tests dozens of systems, and found a few that actually work. For more information on forex systems that work, visit automated forex trading