The Auto Trader Companion #4
What Is Up This Time?
– Address On Matters Of Our Products Based On Feedbacks By Our Users
Updates On ForexTrailer
As some of you might know that we are in the midst of developing a new product. A refreshing concept of ForexTrailer is being developed which we call for now as ForexTrailer Gold. This new refreshing concept introduces the ability to manage (baby-sit) multiple trades all within a single EA with enhanced features that will make trade management simpler to use and execute. That is just one of the abilities.
The trailing features and management options will allow more room for customization to a trader’s trade management needs. It still retains the core value of ForexTrailer Silver which is creating a solid trade management plan with disciplined execution.
Stay tuned to your inbox in the coming weeks where more information of ForexTrailer Gold will be released.
ForexGeometry System (FGS) Lite
We have introduced FGS Lite awhile back when we launched FGS.
FGS Lite is a toned down version of FGS and provides an insight on how the actual FGS works.
FGS Lite contains these features:
1) Ability to perform multiple PCs (partial closes) of position size at different levels based on trendlines/horizontal lines drawn
2) Ability to perform multiple SLBE (stop loss to break even) where stop loss can be shifted to Npips from the entry price when target is hit
3) You can have sloping trendlines as your PCs and SLBEs instead of just the usual horizontal price levels.
4) FGS Lite can be used in conjunction with ForexTrailer as its features are mainly for trade management purposes and it is able to perform more functions that the current ForexTrailer is limited to.
FGS Lite is only available for current paid users ForexTrailer Silver Edition absolutely at no charge for their support these 2 years.
Address On Matters Of Our Products Based On Feedbacks By Our Users
For the past few months we have received feedbacks from our customers and subscribers of ForexTrailer and ForexGeometry on their uses and features. We are glad and appreciative of all the feedbacks received. We wish to take the opportunity to thank you for your support and suggestions which we will seriously keep in mind to ensure that our developed Forex tools served you well in your trading needs
We wish to take the chance to address some important feedbacks highlighted by some of our users, in case there are others whom might also have such a thought.
1) Issue On Authentication And Usage Of FXT/FGS
As users of FXT/FGS might know that in order to use FXT/FGS tool in MT4, you need to have your product key for authentication with our servers to verify that you are the paid users of FXT/FGS tools.
As the product key for authentication is the solution from us to discourage piracy and protect the interest of those users like you who place their faith in us by purchasing to use these exclusive tools.
The question that we often get from our users is:
“I am worried about the product key authentication process. Because whenever I start up my MT4 platform, FXT/FGS being a product-key protected software needs to be verified with the servers first to identify that I am the user of this product before I am able to use it.
So if in the worst case scenario when your server goes down, what will be become of my FXT/FGS and what will happen to my trades when I am using these tools?”
To answer this question:
As the user of FXT/FGS, this is a very important question as you do need to know how our authentication process work and how it will affect your trading.
In both FXT and FGS, product-key authentication happens immediately when you attached the EA to the chart.
Which means that most of the time there isn’t a trade to be managed or entered yet with FXT or FGS.
The step of product-key authentication will have to happen first whenever you attached the EA to the chart or you just started up MT4 platform with the EA previously attached.
Thereafter, for any reason if our server goes down, it will ONLY affect the time when authentication is needed which is either
1) Attach a new EA to chart
or
2) Start up MT4 platform with EA previously attached to chart.
If it happens that our server actually went offline after the authentication process, those EA that has already been authenticated will not be affected. Your FXT/FGS will still Be Able to operate Independently in your MT4 as it does not have to communicate with our server whenever you want to execute FXT/FGS features.
So if you are starting up MT4 or attaching a new EA to authenticate when our server is down, you will NOT be able to use FXT/FGS as they will not even work.
Therefore it will not affect your trades in any way, only just that you will be frustrated that you can’t use your tool.
The worry of our server being downed is a valid point. We have taken notice. Currently the hosting company for our servers promises 99% uptime so there is still a 1% chance of downtime which is normal due to unforeseen technical faults.
Therefore, we are implementing some steps to take just in case our server is hit by a downtime. These changes may be completed as soon as this coming March to April where we will be expanding the number of servers to handle the volume.
By having multiple servers, we will be able to shift some of the burden of existing servers to others. Hence, if one server went down, the other servers will still be running to ensure all of our Expert Advisors can authenticate and still work. This is done so that any disruptions are reduced to the minimal.
2) Issue On Personal Information
We also have received some feedback on how their personal information is handled.
We want to ensure you that personal information such as your product key, trading account number, email address will be kept with utmost secrecy and integrity. We will NOT in any way abuse your personal information for our gains and put you our honoured customer in jeopardy.
As we are like you, we do not tolerate people who are dishonest and lack integrity in the things they do.
As we are in this business for the past 5 years, we take pride in our developed products and what we do. We believe that honesty, sincerity and integrity will take us far in this business and we valued these attributes.
Together with sincere customer support, effort through software development & updates that we have performed over the years and passionate customers like you, we are not ready to rest on our laurels and call it quits.
This business is our passion and the developed tools represent what we believe in Forex which is proper Forex education. There are too many lies and deceit out there in the Forex market which robs us of our money and passion.
We want to put things right and let everyone have the chance to start out in the right and proper way as how it should have been in Forex trading.
There are no shortcuts; only with proper Forex education and tools, persistent discipline and hard work will a trader see success in trading.
So please do have faith in us as how you have faith in our tools.
Thank you for your kind attention and best of luck in your trading!
Do drop us your comments below for this issue of the Auto Trade Companion to share your views and thoughts.
Your feedback is most appreciative.
We hope that you have a great week ahead and good luck trading!
For more information on ForexTrailer & ForexGeometry:
http://www.ForexTrailer.com/Special-Offer.html
http://www.ForexGeometry.com/Special-Offer.html
Regards,
Warren Seah and the ForexTrailer/Geometry Team
Copyright ©2012 ForexTrailer.com & ForexGeometry.com
NOTE: ANY INFORMATION CONTAINED IN THIS DOCUMENT IS FOR EDUCATIONAL PURPOSES ONLY AND IS NOT FINANCIAL ADVICE.
U.S. GOVERNMENT REQUIRED DISCLAIMER – COMMODITY FUTURES TRADING COMMISSION FUTURES, CURRENCY AND OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND OPTIONS MARKETS. DON’T TRADE WITH MONEY YOU CAN’T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES OR OPTIONS. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS WEB SITE. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.