• Trading in the Forex market is a challenging opportunity where above-average returns are available to those educated and experienced investors who are willing to take above-average risk.
• However, before deciding to participate in Forex markets, traders should carefully consider the investment objectives and scope, the required level of experience and risk abilities that should be available, and the most important factor is to take into consideration not to invest capital, if you can not afford its loss.
• In addition to the “Market Risk” associated with adverse price movement, there is a number of other “Risk Factors” that are inherent to online trading, whether manual trading or regular automated trading concepts available in some platforms.
Purpose
• By going through all previous points, ForexGen reached to some certain findings that aim to give traders the possibility to participate in the Forex industry with potentials in actually gaining money form the market and not often losing, this can be done by introducing the concept of “Automated Trading System”.
• The goal of building this system is to replace the human involvement in trading and relieve the individual trader from the emotional, physical and psychological stresses of manual trading and the tedious monitoring responsibilities of running an expert advisor on a platform. • The strategies embedded inside the system enables it to self-adjust to follow trending and ranging markets by using complex and sophisticated “market specific” trading algorithms and logic to analyze different price structure and movements resulting in self-adapting to the constant change in market conditions.
• The system has the capabilities to trade major currency pairs like (EUR/USD, USD/JPY, GBP/USD and USD/CHF) and any other pairs available in the Forex market .
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