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Sunday, August 9, 2009

Forex Ambush 2.0, Play Hard, Live Rich

By Forex Phil

I don't know about you, but I hate to be treated like an idiot. I hate long winded, cheesy, high-pressured sales pages that have nothing more to say than brag about how smart they are and how stupid I am unless I buy their whatever. This is what stands out as different with the Forex Ambush 2.0 website. They actually have a proper website, not just a sales page.

Of all the forex robots I have reviewed and tested, Forex Ambush 2.0 is the only one I can think of that has a normal business website. At last I was not being treated as an idiot, blindly to believe only the hyped up sales page nonsense.

Forex Ambush 2.0 claims 100% accuracy, and I have found no evidence yet of a losing trade. How can this be so? Well basically it does what I would expect all forex trading software to do. It uses an artificial intelligence engine to monitor a (unstated) number of forex indicators to anticipate when a currency has been oversold and is due for a reversal.

Think about it. Metatrader has many forex indicators. Each indicator plots an aspect or dimension of the market that has just occurred. The forex indicators may be measuring volumes of trade, or comparing pricing pressures in some way.

Many people don't trade with expert advisors. Rather, they do all their trading by relying on the indicators built into metatrader already. Different traders have their own systems of which indicators have helped them in the past. Each indicator gives a graphical measure of an aspect of the markets, and using several indicators give a more comprehensive picture.

But what happens when say 5 or 7 different indicators are tracked, all measuring and tracking a different perspective of the currency pair. And what if these indicators all line up and say the same thing - that a market is over-sold and a reversal or correction is imminent. THAT is what I expect from my robots!

In the past when the forex market was the domain of only the large banks and brokers, they would have also used similar techniques to guide their professionals on when, what and how to trade. But with the Internet and metatrader the doors have opened up to hundreds of thousands of small traders; many of them using tools like Forex Ambush 2.0

Forex Ambush 2.0 does seem to be many steps in front of its competitors. The developer certainly seems to have taken forex robots to a new level of performance, and the vendor certainly intends to take the technology into the wider market place for the masses to use. The combination of indicators it monitors and correlates definitely has given me an edge in my forex trading.

It is not a problem to me if Ambush misses a trade, as long as it is always right when it tells me to trade. After reviewing Forex MegaDroid and Fap Turbo, where they consistently got better than 95-97% accuracy, 100% success is not so far away.

Many people who buy forex robots want to see an exciting flurry of fast and furious trading going on at all times. Don't expect that here for Forex Ambush 2.0. Think of this expert advisor as more at the conservative end of forex trading software. Be thankful for it not losing money rather than blame it for missing some trading opportunities. - 23208

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