Forex EA designed by Forex trading expert S.G. Samuels to protect Forex traders from their Accounts being Margined Out
Online PR News – 24-February-2012 – – Las Vegas, NV - Today, S.G. Samuels, Forex trading expert and author of the upcoming book "Trade Money Not Stock", today announced the availability of the Forex Margin Protector software for the MetaTrader 4.x trading desk platform.
The foreign money exchange (Forex) market trades trillions of dollars daily making it significantly larger than the US stock market and many times more volatile. So many former stock market and day traders have moved into this high risk and potentially high reward market. Most of them open a Forex account and use the MetaTrader 4.x trading desk platform, which allows them to open trades that may stay open for hours, days even weeks or months. They will usually purchase a Forex Robot - a software Expert Advisor (EA) designed to make trade decisions for them, even while they sleep. This has created a huge problem for them because account margin management is so important but how can Forex traders manage margins and close trades to protect account reserves while they are asleep?
"I've seen so many Forex traders go to bed with open trades only to wake up the next morning to find their account has been closed out - the trades went south, they margined out and they lost not only these trades but all their monetary reserves in their account. I decided to fix this problem," said S.G. Samuels, inventor. "The Forex Margin Protector can be added to a MetaTrader 4.x chart in a matter of seconds - then with proper settings, it will take care of this account margin risk by closing risky trades or even profitable trades while Forex traders sleep, helping free up account margin quickly, easily and automatically."
The Forex Margin Protector is now available for a limited time only at $67.00 USD at http://www.forexmarginprotector.com with a no questions asked 60 day money back guarantee.
Key new features include:
Automatic Force Close Sensor
This sensor continues to attempt to force trades closed when they are not closing because of the typical nasty brokerage engine tricks.
Visual Status Improvements
Forex traders can now watch Open Trades, current Equity and Free Margin on the top left of the chart. In addition, they get to see the Protection status so they know that the EA is running and attempting to protect their margin and what basic settings they have entered for this feature.
Improved Margin Protection Engine
The Margin Protection Engine now uses a new and improved methodology to protect margin against STOPOFF by the typical nasty brokerage engine tricks or ECN because of open trades (or trades that keep opening because of other Forex Robot EAs on other charts). To get back to the safe margin levels, it will now first try to close the largest, most positive trade first (based on money value, not lot size), then the next largest, 2nd most positive trade 2nd, etc. until the margin minimums are met. This is designed to help protect Forex traders from STOPOFFs and allows them to sleep well at night, while attempting to reduce their most important risk factor, their "LIVE" Forex account margin.
About Forex Margin Protector
Forex Margin Protector is the invention of Forex expert trader, author and publisher, S.G. Samuels. For more information, please visit http://www.forexmarginprotector.com
STEVEN G. SAMUELS
7260 W. Azure Dr Suite 140-523
Las Vegas, NV 89130
Tel: (702) 726-7592
Fax: (877) 777-1986
Forex Margin Protector is a trademark of and Copyright (C) 2012, STEVEN G. SAMUELS LLC, with all rights reserved worldwide. Other products are trademark of their respective owners.
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.
You should be aware that trading Foreign Exchange Currency Market (Forex) carries a high level of risk, and you can lose some or all of your investment. The high degree of leverage that is often obtainable in forex trading, can work against you as well as for you. The use of leverage can lead to large losses as well as large gains. 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. We will not be liable or responsible for any loss or damage due to any reason. By using the Forex Margin Protector, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It’s to be noted carefully in this respect, that past results are not necessarily indicative of future performance.