FxEAReview.com’s aim is to provide more information on commercial trading systems, so as to help retail traders made well-informed decisions when purchasing them in the market. As such, FxEAReview team seeks to educate retail investors over the long term.
They do not promote products now and then. The products that have been reviewed are what the team believed that has worked well for them. It is certainly not for marketing purpose. Thus, you will not find any affiliate link in our web page.
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We love the Forex Industry and we take pride in delivering quality products for the tradingcommunity. Our dream is to build people. Seeing the day when ordinary traders turn sophisticatedand compete in the markets with other professional and institutional traders.
Why do we at Flagforex.com want to see this happen?
This will mean that retail traders have equal or more access to the advanced trading capabilitythat of a professional trader do. This will imply that people in the streets can for the first time inthe history be able to manage their own financial assets, create wealth from market and trade likeprofessionals do (if not better).
Professional Traders VS Retail Traders
In the finance industry, fund managers and traders are one group of traders that are paid very well.The reason is because they have the knowledge to extract money from the market (mass public)and they make use of the right tools to do that. And they do it a thousand times, learn and obtainvaluable experiences which became their habit.
It takes a process to become an outstanding trader in the industry. And we hope to build people,introduce them to this process and bring them around this concept so that they can bringthemselves to be as successful as institutional traders.
Can retail traders be as successful as professionals?
At the moment, it does not look easy. However, with our developing tools and education we setto bring into this industry, hopefully we will bridge the gap. Heard of this group of traders who callthemselves Turtle Traders? A mentor was willing to provide the right education and guidance andthis group of traders emerged to be highly sought after by financial corporations.
What if we could throw in a few professional software and trading tools? How would it help thesesoon-to-be-successful traders? Arm with the right education and with the use of professional tradingtools, traders will be able to execute strategies not possible in the past with today computerisedautomation.
At Flagforex.com, we build people, develop highly sophisticated trading tools and seek to integrateretail traders into the professional trading community.
11 Forex Trailing Stops Robot – Protect Your Pips
Mt4 Partial Close, Breakeven Stop and 9 Trailing Stops Expert Adviser Download. Included is 11 ExitStrategies Optimized for Forex Trading.
Forex Trailer is our first product developed for the forex trading community in 2010. A new forextrade management tool designed so that forex traders can take control of their trades by takingprofit and exiting at the best time determined by price action.
An important fact known by the best in this industry all know that how traders managed their tradeexits will ultimately results in how much profits they made. The importance of exiting a trade is anart. It takes a long time for one to get a feel of when to exit the trade.
We recognised this fact and took action back in 2010 to develop a tool such that it help retail tradersto lessen their learning curve at taking profits. We consolidated the industry various strategiesused by professional traders, and programmed it into a software. And it is made easily availableto the trading public. At 2011, Forex Trailer webpage is visited by 8,184 traders (as determined byalexa.com).
Forex Trailer consists of 2 sure-way methods to lock those pips in when in profit and 9 unique waysfor a trader to trail his/her profits closely. These nice trading tools serve as trade automation, freeingtheir time and providing them with the much needed convenience.
They are composed of 2 mechanism that protect and secure profits for the trader.
•1. Pip Protection Mechanism ( 3 strategies )
1). Partial Close
2). Breakeven Stop
3). Time Stop
These strategies automate the process of shifting stop loss to break even point when conditions aremet. This protects pips and at the same time lower the trader’s risk of sustaining a losing trade.
•Pip Maximization Mechanism ( 8 strategies )
This mechanism will lower the trader’s risk by securing pips after every closed of candle/bar bymanagement of stop loss level while at the same time still providing the opportunity for trader toparticipate in longer term market behaviours.
Management of stop loss level guarantee a certain amount of profit maximising profit while at thesame time lowering the risk. Included in this system is 8 exit strategies and divided into 3 categories:
1. Price Driven Trailing StopsThis category of trailing stops uses price to manage take profit and stop loss levels.
2. Indicator Based Trailing Stops
This category of trailing stops uses commonly used indicators like moving average to manage takeprofit and stop loss levels.
3. Special Trailing StopsThis category of trailing stops may use user’s money management plan to manage his take profit andstop loss levels. One example is equity stop.
Conclusion
Forex Trailer is a software used in our own trading account every day. It is due time to take controlof your trading results and gained back the pip you lost. And all of their strategies are made havingthis one idea in mind:
“Let Price Determine When You Exit, 100% Emotion-Free Forex Trading”
You will appreciate Forex Trailer if you are a semi-automated, discretionary and manual tradingforex trader. Forex Trailer is not another black-box trading software or trading tool you could geteasily elsewhere. Rather, it is made so that users can customized and personalized the way you wantyour trades to exit.
Incorporating market dynamics with unorthodox use of common indicators, your forex positionswill be trailed and exited with maximum profit. Exiting trades no longer is an emotional subject withForex Trailer. Trade with these set of advanced exit strategies for optimal trading performance!
Download Free EA at ForexTrailer.com
#1 Mt4 Trendline Trading, Support and Resistance Robot | Your Forex Trend Line Entry EA
Trade Any Forex Chart Pattern The Way You Always Did On Complete Auto Pilot. Trendline breaks,support and resistance trading and slope direction line EA. Technical trading software optimized forForex Metatrader.
In order to trade these Forex chart patterns, you need to Wait At The Trading Screen All Day For TheSignal Alert. Analysing and preparing charts for trading do not take much time but waiting for thesignal alert will take some time, and to most people seems forever.
So what is this problem?
The problem lies in waiting for the RIGHT signal to appear. Most people become impatient andhence in a state of disillusion to Trade At Any Slightest Indication Of A Pre-Signal.
In my case, we needed some kind of tool that could provide an Objective Verification ( emotion free) of the Forex signals and to perform Trade Entry Automation real quick when a genuine signal isindeed generated.
You know what? There are 9 big problems trading with Technical Chart Patterns:
1. Too Time Consuming
Trading chart patterns require a constant monitoring of currency charts during most of theactive Forex Trading hours. It will be too time consuming to sit at the screen during Asian,London and US hours.
2. Too Tedious
Working on a 24 hour market with multiple chart patterns forming on 5 min, 15 min, 30 min,60 min, 240 min, daily and weekly charts will simply be too much for one to handle.
3. Too Complicated
Chart patterns developed on different times of the day ( Asia, UK or US session ) deliversdifferent degree of signal quality to the trader. The probability of a false breakout for Eur/USD during Asia session is higher than in UK session.
Fundamental factors like demand and supply and seasonal factors also affect the currencymovement. Hence, it is important that traders programmed their exit strategies into asoftware like Forex Geometry so that their trades can be managed by the trading tool.
Without a tool like Forex Geometry, entries, exits and the various market factors will have tobe fully assessed by the traders on the spot and a position entered will have to be manuallyexited throughout the life of the Forex trade.
4. Too Challenging
The same chart when viewed by 5 people will be interpreted in 5 different ways. The level of
subjectivity make trading technical patterns a challenging task. While it is a difficult-to-learnskill, the rewards are envied by many people.
5. Too Many Technical Patterns Need Observing
Learning the multiple chart patterns and reading it from a live chart on a fast moving marketis never an easy task for even the Forex gurus due to a degree of subjectivity.
Benefits Of Forex Geometry System
Draw, Apply and Do Whatever You Want to Your Charts. Finally, Trade Them According ToYour Chart Set-Up
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Analyse the market and draw trend lines, support and resistance anywhere on the chart and even onyour favourite indicators for further analysis. Prepare the charts and trade according to your charts
Trading Technical Chart Patterns
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Since most brokers and books talk about the importance of chart patterns, we not only want torecognise these chart patterns but also to trade them. We created a bridge to connect the missingpuzzle. No longer do you need to stick to the screen to trade these chart patterns, Forex Geometryhas the technology to allow you to recognise the forming patterns and to automate trade entry asthe patterns unravels to your Forex analysis.
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Hands’ Free Trade Entry Automation
Forex Geometry will make an automated trade entry according to your charting analysis. As marketbreak resistance or cut across support levels, a signal is generated and recognised by the software tomake an instant trade execution. This allow the trader to trade even if he is working or sleeping.
Emotion-Free Trade Management
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Handling an ongoing trade can be pre-set by simply drawing a take profit level on the chart prior tomaking a trade.
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Super Charting Technology – Delivering Complete Control in Trading Technical Chart Patterns
New technology recognises the trader’s chart analysis and executes the set of trading instructions bythe trader in trading Forex Chart Patterns. Trading these chart patterns is simple, precise and fullyautomated.
Signal Generation Capability
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Even without opting for the Entry automation, you can still have a signal generated by your analysisto inform you of a potential trade and get yourself involved in trade execution.
Filter Baddies away!
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You can have lines drawn on your charts and indicators to work in tandem to help you eliminatebaddies like whipsaw scenarios to pin point genuine trade signals and thus highly profitable trades!
Conclusion
Chart Pattern Trading Tool
You could trade technical chart patterns like head and should pattern, ascending / descendingtriangle or flag by simply drawing the trend line joining each of the key level. Give this trend lineinstruction how it will execute trade actions when price break across this line or touch on rebound.
Filter Low Quality Trades
Thinking about filtering bad trades, add in a RSI and draw a line at 50 mark. Set an instruction toonly open a long position when RSL is above 50 and vice versa. Using just a few trend lines couldnow be used to generate trading signals. In addition, a discretionary trader will not be required toglue to the trading screen for the signal. This monitoring process can now be automated with ForexGeometry System.
If you only want to take the best signals, you can easily add in a few indicators to filter low qualitytrades. Trading trend following system, draw a line at 20 in ATR, and input instructions to only take atrading signal if ATR above 20 value.
Automated Tool For Manual or Discretionary Trader
Finally, a trading tool designed specially for the manual or discretionary traders. Their chart tradingprocess can now be automated and trading signals can now be taken even if you are off the screen.
Download Free EA at ForexGeometry.com
We love the Forex Industry and we take pride in delivering quality products for the trading
community. Our dream is to build people. Seeing the day when ordinary traders turn sophisticated
and compete in the markets with other professional and institutional traders.
Why do we at Flagforex.com want to see this happen?
This will mean that retail traders have equal or more access to the advanced trading capability
that of a professional trader do. This will imply that people in the streets can for the first time in
the history be able to manage their own financial assets, create wealth from market and trade like
professionals do (if not better).