Forex Gap Robot - Profitable Forex Gap Trading - Would you like to increase your account size by up to 5% a week without sitting in front of your computer all week? Start trading the revolutionary Forex Gap Robot! The Forex Gap Robot trades just one day a week. But it does so with incredible accuracy!This fully automatic trading robot typically makes one to three trades a week making you from 25 to 100 pips depending on market conditions. If you trade a standard contract this would add $250 to $1000 to your account every week that the robot trades.
WHAT IS THE FOREX GAP ROBOT AND HOW DOES IT CONSISTANTLY ADD TO YOUR ACCOUNT?
Weekend Forex Gap Trading is one of the most consistently profitable trading strategies. The Forex Gap Robot trades the weekend forex gaps so you don't have to be in front of the computer every Sunday to profit from the gap trades that form between the Friday Close and the Sunday Open.
Live account stats started Nov 1 2010 available here
What is a Gap and how do they form?
The market closes Friday afternoon and then re opens Sunday afternoon. Almost always one the of major currencies "gaps" or opens at a price 20pips or more away from the Friday close, and about 90% of the time that "gap" gets closed. In other words the price retraces to the same price that the currency pair was at the close on Friday. The Forex Gap Robot was designed to take advantage of this.
The chart below shows an example.
Notice how the price retraces to the Friday close and gap closes in just a few candles. The price at Friday close was 1.4080. The price at the Sunday open was 1.4876 making a gap of 66 pips. The gap closed 4 candles or one hour after the open.
Multiple Logic depending on the size of the Gap and the Currency
Advanced Money Management. Just set the risk level where you want it and let the EA automatically manage the size of the trade
Works on Multiple Currencies. The EA come with settings for EURUSD, USDCHF and GBP but