This is my autotrader that we have been testing on the Autotrader page and it is slowly improving with the feedback that we provide. For example, the developers have already improved the algorithms to increase profitability of up to 80% to 85%. Again, please use with caution as we all know nothing is guaranteed in the trading world. Use the signals to your advantage like within conjunction with news and technical summaries.
The developers are working hard to produce some of the things we have already suggested. These include percentage bars on the signals and strike rates and time to make trade counters, so it is all good news.
So what is SetOnTrade?
This is a platform that will place trades on currency pairs for you by combining leading indicators and generating signals to make a calculate judgement on the trades it makes for you. You can configure the software to meet your criteria by switching on or off different indicators and you can choose what currency pairs to trade. You can choose how many trades you want this system to place and how much each trade would be. It also offers money management system so you can choose from Classic, Martingale and Fibonacci.
The developers have said that they believe the success of the auto-trader to be in the realms of 75% to 85% as long as you keep an eye on the markets on what to trade. Of course, using a system during mass volatility will cause you problems but the indicators will try to read the charts to place the best trades for you.
Although I have made good profit from the system this doesn’t mean that everyone will experience the same. All you have to do is watch my videos on the Auto-traders page to see the roller-coaster ride I had and there were some close calls I can tell you. However, with all the auto traders and robots I have tested this one does certainly have some promising features and it really does appear to read the markets to make good judgments on trades.
Although I made a good profit from the system I think it is still a system you need to use with caution. Use it with the market news, the technicals and economics calendars to configure the settings to suite the trends of assets you choose to trade.