Graham Laurie over at the Cash Master blog is currently trialling the Market Raider Plus software system from Ian Williams.

This is a forex system that provides alerts when to buy or sell a particular currency pair. It also indicates the stop to use and as the trade progresses all you have to do is move the stop accordingly until the trade gets stopped out.

Graham mentions that using a daily chart may be a good idea for those people who aren't able to watch trades during the day. The signals given are clear as to when to act and as only one signal is operational at a time it should be very manageable. For those who want more action you could trade on more than a single pair. There is a 30 day money back guarantee but as Graham mentions one month may not be enough time to evaluate performance so any prospective purchaser would need to bear that in mind.

Since the trial started Graham has already tweaked a few things in how he is running the trial so it may be a few days yet before everything settles down.

So far results have been interesting and you can read the report for Monday, Tuesday, Wednesday and Thursday yourself. It seems that the software provides the capacity to make good gains but also limits losses to minimal amounts. It will be interesting to see how the trial progresses.