The term forex refers to the foreign exchange market and exists wherever one currency is traded for another. It is by far the largest financial market in the world, with an average daily trade in global and related markets of over US$ 3 trillion in 2007.

Forex includes trading between large banks, central banks, currency speculators, multinational corporations, governments, and other financial markets and institutions.

No, it only takes a few hours to get everything set up and running.

• The forex market is the largest financial market in the world.
• It offers the most liquidity, on average trading volume exceeds $US 3 trillion per day and includes all world currencies.
• There is no central market place. Trade is carried out worldwide and the market is open 24 hours a day, 6 days a week.
• Any person can participate in the market and some brokers allow you to start with as little as US$ 250.
• Leverage offered by brokers means you control a large enough position to trade from very small market movements.
• You can trade from any market movement, up or down, it doesn't matter.

Using an automated trading system has significant advantages over discretionary trading.

• An automated system is unaffected by a traders emotions or psychology, it removes the fear and greed a trader may experience when trading manually and trades the system without hesitation.
• You do not need to be present physically to trade the system. The system trades 24 hours a day, 365 days a year. The trader does not miss trading opportunities because they occur when the trader is sleeping or absent from the platform.
• You can diversify your trading by using multiple systems, this spreads out your risk and smooths out your equity line.
• Allows traders who are not comfortable trading their own funds to still invest and make money in the forex market.
• Automated systems can employ trading strategies that are impossible for traders to trade manually.

An expert advisor (EA), is a program that monitors the forex market and automatically trades in your behalf. It analyzes the market looking for specific conditions. When the proper conditions are met it can open, modify and close your trading orders. An expert advisor runs 24 hours a day, 365 days a year through your very own trading account. You keep all the profits for yourself.

When you purchase the software, if you wish to trade on a live account you will need to open a live account with the broker of your choice, make sure to open a mini account and use a broker that can trade micro lots. We use Interbank Fx and have been very happy with them. By having a mini account this will give you more flexibility on your risk and reward ratio you chose to trade with. Once you have an account number you need to email the number to us. We will then program the EA to work on your account number. Then we will send you the EA along with instructions on how to install the meta trader platform and how to install the EA into the platform. You will also receive instructions on what settings you can use in the EA. You will also receive a description of several strategies that you can use the EA to trade, and some insights on how to maximize the use of the EA. You will also get explanations of how you can use the EA to trade discretionary if you wish. You also receive a line by line description of what all the settings do. After you have reviewed everything and gotten familiar with the EA you can email us and we will schedule you for a one on one session with one of our traders to answer any questions you may have.

You will also receive updates for settings that we come up with in future testing. We also encourage our customers to share their good back tests with us so we can pass them on to all clients.

Yes. We have started forward testing again and the results are regularly posted on the performance page.

You only need one account, the EA can manage several strategies on several pairs simultaneously in fact some of our hedging strategies take advantage of that.

There is the cost of the EA you chose and what you chose to fund your account with. Some brokers let you open an account with as little as US$ 250. You can also trade our EA's on a demo account that you can get free from your broker. The Meta Trader 4 platform is free from your broker.

You can start with as little as $250 but we recommend $1000 for each of the strategies you would like to implement. You will be in a better position to answer that for yourself after your one on one training session.

Yes, your computer has to be running at all times for the EA to monitor the market and open and close orders. If your computer shuts down for any reason the trades will be handled by the last instuctions received by the broker. Once you turn the computer back on the EA will start working again. Alternatively you could have your Meta Trader platform hosted and then you can just log into the host to see how it is running. This is a nice alternative if you travel or have and use multiple computers.

As soon as you give us your account number from your broker we will code the EA so that it will only work on your account number and on a demo account.Then you will receive it in your Email as an attachment. Usually within 24 hours of when we receive your infomation. If you chose to only use it on a demo account and wait till later to open a live account you will recieve it within 24 hours.Then when your ready we will send you another version that will work on your live account.

Renegade Fx follows the common practice of not accepting returns on software. This applies to all of our expert advisors products. We encourage everyone to carefully research their purchases before payment is tendered. Every effort is made to ensure your satisfaction and to that end we are more than happy to answer all your questions before you make a purchase decision.

  Download the RenegadeFX EA Installation Guide.pdf [338K] now.

  Download the Metatrader 4 Installation Guide.pdf [389K] now.

Yes, all our EA's have stoploss features. Besides the conventional stop loss that is sent to your broker, our EA'S also have a normal trailing stop feature as well as 2 indicator based stop losses that dynamically adjusts the stop so your trades have room to breath when the market is moving in your favor and then tighten as the market slows down and begins to reverse. These allow maximum profit to be sqeezed out of every trade.

Usually within 24 hours from when we receive your account information.

Most definitely. You are free to email us anytime you need assistance and we will get back to as soon as possible. If your problem can not be solved by email then we may make arrangements to talk in person. We want you to be successful and profitable and will do whatever we can to help. Here's what comes as standard with the purchase of any EA:

• unlimited email support
• unlimited product updates (bug fixes, optimizations, etc)
• one-on-one training session [Pro Editions Only]
• comprehensive manuals (installation, settings, strategies, etc)
• support page access
• instructional videos
• set files collection
• profiles collection (new strategies)
• newsletter
• customer-only forums

We at Renegade FX are a comprehensive, cutting edge, automated forex trading software development company. We specialize in the forex market. With our team of traders, programmers, strategists and mathmaticians our goal is to bring you the most profitable, user friendly, automated trading software programs available.

Our expert advisors (EA's) have advanced features and algorithms not found in other available EA's. These include:

• Money Management (MM)

  The ability to manage your position "size" in the market as your account balance grows. The EA will automatically take into account your current account balance and open a market position based on your risk aversion that you have previously chosen in the EA's settings. This feature greatly reduces risk exposure in the market.

• Multiple Position Scaling

  The ability of the EA to add more positions in the market when the market is moving in your favor. This feature maximizes profits when the market moves in your favor and cuts losses if the market moves against you.

• Profit Logic Features

  These are profit taking and profit retaining features that help lock in profits. These include traditional "trailing stops", "break even pips" and "indicator-based trailing stops" that continually keep locking in profits until there is a market reversal.

You will find additional features specified in each EA product description.

• FXCM UK
• FXDD
• PFG BEST

• Forex Articles (Investopedia)
• Forex Tutorials (Interbank Fx)
• Forex Tutorials (Baby Pips)