Here you can read about free Forex robot that makes money, yet most traders never consider it.

The vast majority don’t make money though Automated Forex trading systems are big business online. They simply promote paper track records that fail in real time trading and destroy the trader’s equity.

Lets look at one that has worked in real time and many of the top traders have used it in their Forex trading strategies, to make big money from Forex market trade. So, it is a simple system with only one rule to follow. The system was devised in the seventies by one of the great traders Richard Donchian, who used it to trade commodities markets.

There are 4 Week Rule of this system.

Buy a new 4 week calendar high – stop and reverse the position, on a break of a new 4 week calendar low and then look to stop and reverse again on a new 4 week calendar high and continue to do this always keeping an open position in the currency.

That’s very simple, it works because of the following reasons.

- It’s based on breakout methodology. That is a common notion that most big trends, start and continue from new market highs or lows. It simply means that this Forex robot will make sure you are in on all the big trends and profits.

- It’s based on holding and catching the long-term trends. A look at any Forex chart will show you trends that continue for many months or years and this trading system will keep you in them without getting bumped out by short-term volatility.

- It’s Disciplined and Objective. There is no need for you to think or make subjective judgments; you get a clear-cut signal that you simply execute in the market.

- It’s Time Efficient. In order to operate it usually takes you just about 15 – 30 minutes a day and that’s it, so that means that you are able to do some other things. There is also some kind of weakness that could generate losses, when markets don’t trend or are in periods of consolidation. In order to avoid this it is necessary to follow one more rule. You should place a stop at a one or two week high or low and then go flat and wait for the next signal.

There is a very interesting question: “Why don’t most traders consider this system, even though they know it works?”

It’s not a system that goes for pinpoint market timing and many traders want to predict highs and lows, even though its obvious this is not possible.

It very hard to understand why a lot of traders will buy Forex robots that have never been traded but at the same time they ignore that one that can really make profit for them.

The system will cost you nothing and has been used for over 20 years by numerous traders so it really can help you to make money.

Read more about cheapest online trading and money converter calculator.

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