Zorro - Free Trading Automaton
Welcome to the Zorro project! The idea behind this software is simple: Let some machine redistribute money from the rich to the poor.
Zorro was developed to beat the world financial system with its own weapons. It taps into the money flows of the financial markets and generates income by automated trading with stocks, commodities, and currencies. For finding the right moments to buy or sell, Zorro detects inefficiencies in price curves, such as trends or cycles. It uses this information for short-term price prediction (read here how this works). Once set up, it is fully autonomous and can operate without human interaction.
Zorro is a community project. It's free because we believe that a huge number of people should participate in profits from the financial markets. Here's why:
- Technical progress has enormously boosted productivity worldwide and is still increasing it at a rate of about 2% per year. Theoretically, we needed to work four days less every year for producing the same goods and earning the same income.
- However it does not happen this way. Producers use productivity boosts for reducing costs - mostly wages and salaries. This is supposed to improve their profits, but it also has an adverse affect. Layoffs, unemployment, subsequent demand shortfall and economic crises eat a large part of the benefits from increased productivity.
- The remaining excess profits are invested - however not in production of goods, but in financial assets. Hedge funds, investment banks, and trading firms circulate an immense money volume (up to seven trillion US$ per day) through the financial markets, this way creating a shadow economy that largely surpasses the market of real products and services. It consumes most rewards of technical progress, and gives back occasional market crashes and financial crises.
- But it also offers the opportunity to redistribute some of the excess profit back from the rich to the poor. Providing many people with a small but regular trading income will take liquidity out of the financial markets and inject it back into the production cycle. This will boost demand worldwide and soften the world's economical problems.
Zorro comes with several built-in trade strategies that can generate a regular income. However its main purpose is helping people to understand and exploit the financial markets. For this it contains a trading strategy course and a serious strategy development system, far superior to the tools normally available to private traders (learn more here).
All this is free. But we expect something back in return: do not just run the included strategies and wait for the money to roll in. Go through the course, learn automated trading, and develop your own financial trade systems. Share them with many others, and attack the world financial markets with a thousand different ideas and methods.
► Zorro release 1.20 is now available for free download! The new version comes with many new features, for example:
- The DominantPhase function can detect turning points of the dominant cycle in a price curve even before they happen.
- The new account selection system makes it easy to trade with multiple accounts and/or multiple MT4 clients.
- The -d command line option allows to automatize different tasks with the same script.
- The new Z4 system was especially designed for trading with very low capital in the $100 range.
Under What's New you'll find the complete feature list of the new Zorro version. A comparison table of Zorro vs. TradeStation™ vs. Metatrader™ can be found on the FAQ page.