This Article is About
currency pairs
t rush
risk strategy
successful trading
forex market
stop loss
high risk
The Forex Revolution - What Is Revobot-1?
Join 1000's of Authors at StreetArticles Today!

Revobot-1 has been designed to trade 4 currency pairs – EURUSD, GPBUSD, USDJPY and EURGBP. However we have not been having good performance with EURGBP recently and so WILL NOT be trading this pair.

The robot is ONLY designed to work on a 1 HOUR timeframe chart. It picks high probability trades based on a range on custom indicators.

The robot aim is to pick a major trend and then follow the trend for as long as possible to maximize profits. It uses a trailing stop to achieve this. This means that sometime the profits will be huge as the trailing stop follows the market and other times they will be minor and the market reverses.

Revobot-1 is a long term EA. It builds up good profits over time. If you are looking for a hard fast and high frequency scalper then you’ll need to use Revobot-2. While we understand that people like to see trades happening all the time – this is a high-risk strategy!

We’d prefer to wait for high probability setups, however long they take.

Should Revobot-1 make a trade that the market then goes against the robot employs a dynamic stop system.

There is NO fixed stop loss.

Revobot-1 uses ATR indicator to determine a stop out OR it will cut a trade after 15 days if it is still within the ATR.

Due to the fact that Revobot-1 uses a dynamic stop and trailing profit we strongly suggest that any live trading is done on a VPS to ensure that your internet connection does not impact trading.

It might take several days for trades to start appearing. Don’t worry – as long as you have setup the robot correctly as per this manual all should be fine and the robot simply waiting for high probability trades.

Please don’t rush to trade! Patience is one of the keys to successful trading.

The Forex Revolution is taking the forex market and turning on it's head with a pair of ultra profitable robots.


Street Talk

No comments present
You May Also Like
A Primer on Forex Day Trading Currencies
Trading Forex is a relatively simple process in which one currency is exchanged for another. Huh? This may seem confusing at first, for it differs from the stock market (where you simply buy a share with the belief that it’s either going to go up or down). In the currency…
By: Jeanene in  Investing  >  Day Trading   Dec 07, 2011  
0
  Likes: 1

Trade Forex With Support And Resistance Levels
Technical analysis is the use of technical indicators when trading forex using the forex charts. Of the various technical indicators that are available, support and resistance levels are one of the most commonly used indicators. It is in fact one of the most popular technical indicators used by forex traders…
By: Jeanene in  Finance  >  Currency Trading   Mar 29, 2012  
0
  Likes: 0

Is Forex Exchange Trading for you?
Foreign exchange or even forex currency trading is the way through which people can invest their money. This system works due to day-to-day fluctuations within forex exchange currencies. Whenever, the forex trading system changes, it brings change in the forex rates and Pips. If the value of the dollar suddenly…
By: wirefax in  Finance  >  Currency Trading   Oct 02, 2011  
0
  Likes: 0

Forex Automatic Trading - Why Forex Robot Traders Beat Human Traders Every Time!
The debate about Forex automatic trading versus Forex manual trading has been raging on for many years, and for a long time, the human Forex trader was king. There has been some major shifts in the balance of power in recent years, mainly because of how accessible it is for…
By: Thad B. in  Finance  >  Currency Trading   Feb 24, 2011  
0
  Likes: 0

How to Make Your First Forex Trade
Every industry has its own challenges and this is why it takes sometime before one gains the necessary skills and knowledge to make it in a particular industry. Forex trade is a market that has been growing tremendously and has proved to be a reliable source of income. As a…
By: lee8 in  Investing  >  Stocks   Dec 08, 2015  
0
  Likes: 2

Forex Currency Trading Station
The Forex currency trading station is a place where everyone can buy or sell a currency. This is also called the Forex trading platform. On this platform all the Forex currency trading financial companies, brokers, banks will create their own trading hubs. All these hubs use trading algorithm soft wares…
By: Andrei Ionescu in  Investing  >  Day Trading   Jul 02, 2012  
0
  Likes: 2

What Does Success Look Like? Five Questions to Ask Yourself
If 12 people were asked to describe what ‘success looks like’, the chances are you would get 12 different answers. Success after all is completely subjective and the description of what it looks like is entirely personal to each of us. However, many people yearn to be more successful than…
By: BIS_Coach in  Self Improvement  >  Success   Aug 08, 2011  
0
  Likes: 1

Enjoy Online Business
Nowadays, online businesses are very rampant, it is because it provides you a residual income that you can never find elsewhere. I am thankful that I was able to discover ways to earn online and this I would like to shar with you. If you are tired of searching for…
By: tiny florentino in  Home Based Business  >  Network Marketing   Aug 14, 2013  
0
  Likes: 0

How to Fix a Breakup – 6 Tips on How to Fix a Breakup
The Sadness of the Break Up Break ups can be one of the saddest times of someone's life. Though nowadays break ups seem more and more common, it's still difficult to accept. After all you’re still thinking about your ex and this hurts badly. You start wondering what happened and…
By: JW Penn in  Relationships  >  Reconnecting   May 13, 2011  
2
  Likes: 11

6 Pitfalls to avoid when designing a Group Coaching Programme
You have to be careful in respect of the number of participants you include in any one programme. The reason being is that if you have too many people at one time, there may come a point where they get frustrated if they don’t get the amount of attention they…
By: Christine Marmoy in  Business   Jun 07, 2011  
0
  Likes: 0

Elss : Encompassing Investments With Tax Saving
The financial year 2015-16 has ended and with that, the tax paying deadline is also over. It is often observed that the clients pursue the tax saving plans by the end of the year, i.e., in February or March. It may have helped you till now, but it is a…
By: Dishika Baheti in  Investing  >  Day Trading   May 18, 2016  
0
  Likes: 0

How to Choose A Broker for Day Trading
Day trading is the practice of holding positions in a financial market for no longer than a single day, and often for much shorter periods of time. Day traders always exit any trade before the end of the trading day (often referred to as the 'regular cash session'), and aim…
By: Alexander Pearson in  Investing  >  Day Trading   Apr 27, 2016  
0
  Likes: 0

Fundamentals Of A Company Check - What Would Be the Services Employed
Business planet is cool as well as risky. The deeper you enter, the a lot more threat you get into. Nevertheless a systematic approach generally assists to collect the puzzle and stroll straight. Investing into a company could be helpful should you go through a meticulous company check. All strings…
By: daniel huang in  Investing  >  Day Trading   Apr 26, 2016  
0
  Likes: 0

How Administration Outsourcing Benefits Private Wquity And Venture Capital
In the high-frequency world of alternative securities, private equity and venture capital investments stand out for bringing in substantial returns from equity appreciation and capital gains. Private equity firms align with accredited investors, like wealthy individuals and institutions such as foundations, university endowments, pensions, insurance companies, and other multi-manager funds,…
By: Cheryl Muncher in  Investing  >  Day Trading   Mar 15, 2016  
0
  Likes: 0

Tips for Buying Refurbished Robots
Is a refurbished robot right for my business? That is the first question that comes to mind when you consider buying a refurbished robot. They are repaired, rebuilt, and cleaned in order to reenter the robot market. If bought from a quality robot store, they offer cost benefits as well…
By: alexbarker in  Investing  >  Day Trading   Feb 19, 2016  
0
  Likes: 0

Article Views: 2717    Report this Article