Forex MegaLiner Robot is based on Moving Channels Breakout Strategy and has been specifically optimized to trade EUR/USD and EUR/GBP pairs on the 30 Minute timeframe.
Lahore, Pakistan -- (SBWIRE) -- 06/05/2014 -- Forex MegaLiner Robot has been developed by Anna. She says that her Forex MegaLiner Robot is based on Moving Channels Breakout Strategy and has been specifically optimized to trade EUR/USD and EUR/GBP pairs on the 30 Minute timeframe. When the robot is installed and activated, it shows 2 yellow lines on the chart. The upper yellow line shows the level where a sell limit order gets activated when the price reaches that level. The lower yellow line shows the level where the buy limit order gets activated when the price touches it. Both these limit orders have a fixed stop loss and take profit targets.
Forex MegaLiner Robot made 1,034 pips in 1 month. Out of total 77 trades made on EUR/USD, 66 were winners and +605 pips were made. And on EUR/GBP, it made total 54 trades. 50 trades were winners and +429 pips were made. The initial deposit made by Anna was $2,500 and she traded both EUR/USD and EUR/GBP with 1.0 standard lot. The profit at the end of the month was $13,106.
This is what Anna says: “As I already mentioned, it is not a one-day product. I have been developing it for a long time. I could have posted few years backtests, but honestly, they would not reflect its actual profitability. The thing is while backtesting you run it backward with actual settings that may be not relevant to the past market conditions. When I used this strategy that is now automated into Forex MegaLiner, I have been always double checking that settings are fine.
Few times I adjusted the system, marked what features would be useful. For instance, this way I have decided to add a break-even trailing stop system and make breakout channels self-adjustable and moving. All these features make it trade often and in almost all market conditions except flat."
Anna is also known as Anna Forex Monti. Anna lives in Switzerland. She has been testing and learning new forex strategies and techniques for many years. She has developed this Forex MegaLiner Robot that is based on the idea of combining breakout trading with breakeven trailing.
For more information about Forex MegaLiner Robot, please visit the following website: