Posts Tagged ‘PETE’

Forex Black Panther Review

February 26th, 2010 Comments off

The Forex Black Panther robot or expert advisor is claimed to be the most advanced and intelligent forex trading robot ever released. In this Forex Black Panther review, we will examine if these claims are true or if this is just another hype.

Forex Black Panther Review Facts:

Name of Robot Forex Black Panther
Type of Software Automated Forex Trading Robot
Technology Vigilant Broker Protection Technology: Unique advanced active protection, not the usual “broker protection” found in some other robots!
Strategy Unique P.E.T.E and M.D.P.A strategies: profit from BOTH trending and sideways markets!
Key Features
  • Most advanced “Triple Money Management” system: including the unique SMM (Smart Money Management) algorithm.
  • Strict and advanced risk control: prevents large losses which plague other robots.
Software Platform MT4 (MetaTrader4)
Results: Live proof: turned $2500 into $6750 in five weeks

What is PETE?

February 10th, 2010 Comments off

Forex Black Panther works on unique P.E.T.E and M.D.P.A strategies. So what is this PETE in forex black panther system?

The acronym PETE stands for Price Event Trend Extractor. How is this useful to us, forex traders? The Price Event Trend Extractor or P.E.T.E can identify emerging trends with very high accuracy. If you have been trading for some times, you know the importance of picking up trend early on. A trader who can predict new trends accurately can make huge profits from forex market. Period!

This is why P.E.T.E was incorporated in the Black Panther Forex system when it was built for a huge hedge fund firm.