Automatic Forex Crusher

Summary: The Automatic Forex Crusher is a little different in that it is not a scalping robot. It uses as its trading indicators/triggers the RSI and MA signal lines and it buys or sells when these 2 lines cross. At $97 it is at the cheaper end of robots, and will suit many buyers. It is not a scalper - so larger individual profits rather than many smaller ones is what you will see.

Paul Walker has been around a fair while and is an experienced forex trader. Like all traders they develop their own flavour for trading including the currencies they feel most comfortable with, times of day for trading etc.

As such, Automatic Forex Crusher has been programmed to reflect Walker's trading style, which is essentially this:

• Working with Candlestick charts set to daily time frame,
• Track the RSI - Relative Strength Index indictor
• Track the MA - Exponential Moving Averages indicator
• Trade when these lines cross
• Set stops at the high/low of the previous candlestick (never risking more than 2% of capital on a 1 trade)
• Set take profit as a 25 pip trailing stop.

All robots need input in order to process and calculate when to buy and sell. Walker's Forex Crusher uses RSI and MA lines for input, and daily time frames for its analysis period.

The question is then one of "are these indicators a reliable way to decide when to trade"? In my experience, yes they are - not always, but most of the time yes. In a choppy market, it happens that these lines crossing each other can flip back and forth a bit (cross each other 2 - 3 times) before finally the market moves fully.

But generally, when the lines have crossed, generally the market is going to move and solidly in a new direction.

What I love about forex trading much more than say trading stocks is that we can make our money equally easily in rising and falling markets. I mean, shorting is really nothing more than buying the opposite currency.

Scalpers (robots and human traders) often/usually have trades open for only a minute or two. They are designed to scalp a small profit of say 6 pips. The Forex Crusher differs in that it opens the trade when the indicators say the time is right, sets the stop at what has just happened in the previous candlestick bar, and then it lets the trade grow its profit until it is eventually taken out by its trailing stop.

Trailing stops by themselves can be a very useful tool. They lock in a certain profitability minimum, while allowing the profit to grow. A scalper would always only take a (for example) 6 pip profit, even if there was a 100 pip profit to be had.

So the Forex Crusher definitely has the advantage of letting profits mature and "ripen on the vine". But of course with its 25 pip trailing stop, the profit you will see will always be trimmed by 25 pips of its full potential.

Yes the robot runs on fully automatic, but don't be scared to jump in and close a trade when it has hit a substantial profit and bypass the trailing stop. Sometimes you will be wrong and have missed out on an even larger profit - but the trader who always pushes the limits and insists on best possible entry and exit levels has a greed problem and will always get caught out sooner or later.

I know from my own trading where I have seen an 8 lots trade to be $5,000 in profit, and I delay my exit just for 3 more pips. Only to see the tide turn in the other direction, and within 3 minutes be looking at a $1,200 loss. While I was soon keen to be ready to pounce with an extra 3 pips, I hadn't notice my trading indicators had moved against me. Greed is what we must all watch for in ourselves.

The point I am getting at is that I do like the trailing stop idea. It locks in most of the profit. Even though it of course snips your maximum (in the Crusher's case by 25 pips), it has allowed your trade to grow as much as possible to get there.

I am also saying that if you are watching the Automatic Forex Crusher in action, and it has earned you 140 pips profit, and you see the RSI and MA indicator lines cross again - close out your trade manually rather than wait for the trailing stop.

Forex Crusher Conclusion

I do recommend the Automatic Forex Crusher. At $97, it is very cheap. The system is simple to operate and understand. The trading rules it has built in are fair and reasonable. No robot is perfect, but this one will not risk more than 2% of your capital on 1 trade, and it will let your profits grow until taken by the 25 pips trailing stop. Same tacky sales page they all have. But by all means try it, and get your Clickbank refund within 60 days if you don't like it.