Forex Trend Detector Review – Is It Worth Trying?
InvestingOnline.com
28/03/2018, 18:14Overview
Many investors have found high profits investing in Forex markets. For those who are not sure what we mean by Forex, it is “pitting” currencies against each other… How will the Australian Dollar do in relation to the Japanese Yen, or will the Euro hold its ground against the United States Dollar?
There are many trends that can be used to determine what will happen in Forex trading. Forex Trend Detector claims it can.
The developers of this software is a team of experienced traders who are under the name of FXAutomater.
We are going to take a look at this automated software and if it is worth it.
Using the software
Once you have purchased and downloaded the software, you simply deposit funds with your preferred Forex broker. You then choose the risk level you are willing to allow the software to trade at:
- Low
- Medium
- or High
Naturally, the lower the risk, the less profits but the less chance of losses too.
The system has many various parameters you have control of.
And you can run it in demo mode to find your best trading methods. Forex Trend Detector runs on a MetaTrader 4 platform.
Cost
The cost of the Forex Trend Detector software is $227. You get full support as well as 3 licenses. There is a 60 day money back guarantee. That alone tells you how sure they are of this system.
Customer Service
Review after review exclaims how fabulous the Forex Trend Detector management is with customer service. They are quick to respond to any and all concerns.
When they say full customer support, you can “take it to the bank.”
Pros
- Compatible with the majority of operating systems
- Stop loss management
- Works with any broker using MetaTrader 4
- 60 day guarantee
- Outstanding customer service
Cons
- Only 1 Forex pair currently
- The price
Summary
It takes a lot of time to trade manually in Forex. We are always looking for automated systems to help. But so many are worthless.
I cannot say that Forex Trend Detector is worthless. Many traders have found it a good investment.
I believe you will too.
If you currently use the Forex Trend Detector, please tell us more.
If you have any questions or comments, just ask in the comment area.
Hope this helps you in your search for an automated system.
