Automated Forex Trading Robot with FBH Robot On Metatrader 4 Platform (Expert Advisor)

Forex Market is the biggest financial market in the world comprising of about $3 trillion turn-over per day. It is an important instrument nowadays for international trade as well as determining the values of the money. With the floating exchange rate, people have managed to make use of the opportunities to make profit from the movement of price of currencies against each other. This people are called the foreign exchange trader or forex trader.
From this $3 trillion market, 5% of them are retail foreign exchange market which caters for retail or small traders. With the advancement of technology, it is now possible for retail forex trader to trade forex online with real time market. The execution of entering a position into a market is now in a fingertip. However, despite the technology, people still faced problems trading be it in terms of time or even analysis.
Forex expert advisor or forex robot, which automate the trading purpose was introduced as solutions. It is designed specifically to help those who have a time constraint to trade or lack of knowledge in analysing the market. In theory, the expert advisors do show some promising traits, but the reality is not the way it is.
This project goes through the research, identifying the problem faced by traders in manual trading as well as problems of currently available expert advisors. This project aims to create a profitable forex robot that is able to give a return of 100% or capital back in one year. Some of the preliminary findings on this research have shown promising results of achieving this objective.