GOmega Xray Trading Report
GOmega Xray Goes Live
Unprecedented Risk/Return Profit Ratios
Quantum Research on March 19th will release Gomega Xray
Xray represents the latest thoroughbred in their line of high end automated systems. From Forex Profit Pro AutoTrader which automated buy, sell, stop, target and exit order execution. Through to Gomega TraderFX with included a plethora of sophisticated analytical components and even more push and play technology for deeper market analysis, advance strategies, profit targets and risk management. The advancement continues with Gomega Xray by Quantum Reasearch.
GOmega Xray is different from earlier versions in several distinct ways:
1) Xray is not a get rich quick robot but rather employs a get rich slowly approach. Xray was created to make slow, but steady gains employing a loose stop loss, smaller position size, and higher Reward/Risk ratio. In this way, it’s a bit like buying options. You know your risk and your potential return ahead of time, even if you must wait a while to realize the rewards.
2) In addition to a Profit Target, GOmega Xray also features a unique profit to risk component.
3) In GOmega Xray, your profit target and return to risk ratio are built into GOmega Xray’s position sizing algorithm.
Take a $5,000 account, risking 1% of the balance, 300-pip profit target, R/R ratio 3.5:1 yields an 86-pip stop loss and a position size of .06 lots calculated automatically.
4) GOmega Xray compares the comparative strength of both currencies against all crosses of both currencies in the pair you are trading, then filters values according to that information.
5) GOmega Xray measures volatility with two independent methods, using average true range and the Market Pulse Indicator, to identifies areas where market action is picking up and trends may be under way.
6) GOmega Xray identifies "random" movements in the market and trending movement through its proprietary Randomness Indicator.
7) Automatic scaling out – when a predefined percentage of the target is reached, Xray will liquidate half of the trade’s position size.
GOmega Xray does not have as many parameters. Many are fixed or limited to a narrow range.
9) You can trade with GOmega Xray 24/7
10) An optional trailing stop loss is included among GOmega Xray’s strategies.
The combination of these components makes GOmega Xray a powerful forex trading EA.
Find out more about the MT4 EA for more information
FOREX is an acronym frequently used to name the foreign exchange market, sometimes refered to as ‘Forex’ and ‘retail forex’ or ‘FX’ or ‘Spot FX’ and even simply ‘Spot’.
Getting started in the Forex market is very easy requiring almost nothing. This is one of the reasons Forex is such a popular home business. Add to that its impunity to the current world financial crisis and you have a viable home business opportunity. Many recommend that you begin with a demo account while you get to know online trading using metarader4 platform and expert advisor such as GOmega Xray from Quantum Research.
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