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Most novice Currency Exchange traders believe there is some magic behind Forex autopilot trading programs. These programs trade on auto pilot as if they were able to reason on their own. However, the essence of the software of this kind are nothing else than complex algorithms. Take Forex MegaDroid as an instance. What it does is analyze the current and past data of currency quotes and locate quote patterns. And what that enables the software to do is to open and close positions. It’s true that the methodology isn’t flawless, therefore there are a lot of variables it has to consider to make right actions. The software developers continue improving the algorithms which build up with time.