Thursday, January 13, 2011

Do Trading Forex Algorithms Actually Work?

I'm not sure what you actually call these automated trading system, but i'm guessing they use some kind of algorithm software to sought through markets etc.

My question is really this. I've been trading Forex for 5 months now - mainly jpy/gbp market - and it's about time that I got my hands on some automated software - but which one.

I like the look of the PipBoxer - but a bit too pricey, but maybe doable. Otherwise Forex EA looks pretty sweet at $200. The alternatives I've seen are like

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