Atomsantics.com

Forex Nuke is a new EA software advertised as EA built with a brand new strategy for 2010. The features of this robot are more or less the usual - low investment requirement, it works on MetaTrader 4 platform, it works on demo accounts, it doesn’t require experience and has video tutorials to give you a start. I’ll skip the details as they aren’t that important as long as it works.

What really interests me are the trading statements which reveal a lot about the system. Forex nuke automated trading makes trades with a 250 pip stop loss and only 45 take profit. Needless to say the risk/reward ratio is huge and it means that one loss can erase your last 6 profitable trades. In the long term this strategy is flawed as you can see, regardless of its success rate - the past results don’t guarantee future success and only the characteristics that define the system can serve as an indicator of what to expect.

Hence, I wouldn’t necessarily expect long term success from forex nuke robot review. Though, it should be worth attention in short term “while it works”, if you think it’s worth your investment.

Having said that, my attention was drawn to the fact that the system can be adjusted to lower the risk, so if you have some experience or the authors will be willing to help, there’s a chance to fine tune it to work in the longer term too.

When trading in currency exchange, particularly if you are an amateur, you wish to find only the best Forex software and that is understandable. But what is the best software? Well, there are not many important elements to notice. First off it has got to function, it’s plain. Next it has to be easy to use and be beginner friendly, it has to have a straightforward way to fine-tune it. Finally, it must work fine with all brokers, not only on demo accounts but on live accounts too. Although these elements look simple and commonsense, amazingly most forex software fails at a number of them.