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Silicon Forex is a brand new automated Forex robot to hit the market, set up as an expert advisor for the MetaTrader4 Forex platform.
Silicon Forex doesn't need any human interaction at all to operate. It acts as apl robot that enters and exits trades on autopilot.
Installing the software is easy thanks to the video tutorial that comes with the product: you should have it installed and running on your computer inside ten minutes.
An interesting thing about Silicon Forex is that it averages one trade every three days, and running on average for 105 pips (US$ 1,050 per lot traded).
Why does this matter? Well, there are loads of Forex systems out which use "scalping" techniques, a strategy that takes multiple small trades every day aiming only for a fistful per pips per trade. Scalping can be inefficient, because for every position you take there's a commission you pay to your broker. Those small commissions add up in the long run!
So the fact that Silicon Forex takes fewer trades (but with larger profit targets) is much better for your bottom line, cutting down on those expensive spreads. All in all, not only does Silicon Forex yield a positive trading expectancy, it's also efficient in its trading strategy.
The 3 year track record shows Silicon Forex's actual performance from July 2005 to July 2008, taking a US$1,000 account up to US$11,676, using the system set to conservative mode. That's over 1,100% ROI (return on investment) over three years, or around 30% equity increase per month.
Personally, I would be very happy to trade Silicon Forex on conservative mode to get that 30% equity increase per month!
For more information and detailed trading charts, click here.
