Approaches of Forex Prediction Software
Forex prediction is used to forecast the possible rate of Forex by using the available information. Forex prediction is made by two methods - analyzing the technical and fundamental data. There is no such prediction system that can guarantee a 100% accurate outcome yet software generated predictions are made on the basis of historical data and hypothesis.
How Does Forex Prediction Works
Forex prediction is done by software. It is easy to maneuver and predictions can be obtained at any point of time with the help of a simple click of the computer mouse. This software analyzes the historical data and its patterns. Then, it optimizes the parameters of the system accordingly so that most accurate and fool-proof prediction is generated. It can also backtest the system that you use for trade before venturing into the real market with real money. Once you feed the online results, you will be told the current trends of the market.
Approaches of Forex Prediction
As mentioned earlier, Forex prediction can be done by two approaches - technical and fundamental.
Technical Approach to Forex Prediction
This approach involves relatively small sized data packet from which a particular aspect of the trade is analyzed. Some analyze the patterns in the charts displayed and predict as per the meaning of the pattern stands. These are called chartists. Another parameter of Forex prediction is moving averages of short and long term Forex data. This is a momentum based model where the data is analyzed statistically. Many companies sell data for analysis. You can buy or download the information. Some of the reliable sources are companies like Alarm trades and Technical Research Limited.
Fundamental Approach to the Forex Prediction
There are few economic variables that are at work in the Forex industry. The fundamental approach deals with the foreign exchange rate and the trend of market derived from these variables for Forex prediction. These fundamental variables are rate of savings, prices of stock, trade balance, consumption and surveys of opinion. These variables are analyzed either mathematically by econometric way or being judgmental by personal opinions. For fundamental analysis, you can get the data from investment banks like Barclays and CitiGroup and providers like Reuter.
Why Forex Prediction Software
One of the most crucial parts of Forex trading is the timing for getting in and out. With the software, it becomes lot easier. In normal process, it would take many years and hand on experience to master it, but the Forex prediction software does it for you with real ease. Also, analysis is not something which everyone masters at. You can buy signals from the dealers and brokers too, but that would neither be cost effective nor it would be a great idea to share the profit. But with a good Forex prediction software, you can actually increase your profit because you are paying once and reaping the harvest forever. You save a lot time by not monitoring or analyzing. Once you start up the system and enter the currency information required, you can sit aside and enjoy the cool breeze while software keeps earning for you.
TRADING PREDICTOR - PROFESSIONAL TRADING SOFTWARE
The 'TradingPredictor' software products are a collection of unique and completely new trading software which were designed to enable and help Traders of all skills/experience levels make winning trades. while at the same time turn trading on it's head and expose it to show that anyone can profit from the Markets and that trading the Markets is not exclusive to the 'special ones' and/or as difficult and as specialist as it is portrayed to be.
No, not anymore: the software designed here over 7 years is designed and created to put anyone in complete control of trading and become a Master of their trading domain and make consistent profits.
No longer is the world of trading exclusively for the rich and the experienced people of the world; no, now ANYONE can reap the rewards of a successful trader.
Our software is so focused and concentrated in it's content, design, functionality, performance and output that it will instantly turn you into an exceptional trader from your very first trade with skills and winning results that even the professional, 'high flying' City traders don't have or even know can be achieved.
We have three main products which all contain several indicators to make up the templates that you simply load to get all the indicators and EA loaded with the exact settings needed. We have our ALR (automatic loss recovery) which makes profit no matter what direction the trade ends up going or what the Markets do! ALR AutoTrader Pro v8.2 plus we have our '9 Alerts' Software Suite which has nine of the best non-repainting Trade Alerts which will alert you of the best early trade entry points and which all come with 11 other unique indicatrs to make up the templates and further enhance the trading environment in your favour ahowing the trend and ditrection the Market is going so that when an Alert comes you simply take the trade in the direction of the trend that the indicators are showing! So easy!.
Finally we have our 'Trade Tracker' software which like the ALR is an EA which comes with several associated indicators. The Trade Tracker software is a non hedging trading system that detects the best entry and exit points for a trade and automatically takes the trades for you (or you can do it manually by follwing the Alerts).
Our ALR MT4 EA software uses NONE of the old systems/techniques that we all have seen used and re-used and re-hashed for many years in trading seminars and presentations and web sites on 'how to trade' . because amongst other things, they promote the fact that you need to expect and accept that you will loose some of your trades because it is not possible to win every trade and we must therefore accept that that is what happens in the world of trading! RUBBISH. Why can't you profit from every trade, there are only two parties involved with a Trade: one Buys and one Sells so why do we ever have to be on the loss making side? Answer is that you don't. So I wrote software that couldn't lose your profits. Sound impossible? I bet it does. please read on and see how it is achieved.
The ALR software will automatically get the profit you have asked it to achieve and will manage your trade all the way to ensure that it comes out as a winning trade no matter how many times the Market reverses and/or where it goes and/or for how long.
There is no more need for a Stop Loss! You will never need a stop loss anymore because the ALR will take the appropriate trades on your behalf to get you out in profit no matter what the market does or where it goes.
So, it doesn't matter if your initial trade doesn't reach the profit level you have asked it to take and instead the trade goes against you because the ALR will take the same profit from the reversal trade and indeed if it continues to keep reversing no matter what happens and/or where the Market goes, until it reaches the profit you have asked it to get.
If, for example, you have taken a trade but it reverses on you and starts losing then the software will activate and take control of the trade and cleverly 'manage' that trade to ensure that it comes out a winner, no matter how many times it keeps reversing! The software will ensure that you never lose any of your trades ever again, no matter what direction you took your initial Trade and/or what the price/Market does and/or where it goes during your trade. you will always come out in profit!
The software is an ALR (Automatic Loss Recovery) EA for MT4.
I understand that this all may sound 'far fetched' but before you judge it please take a look at the proof in the videos on our YouTube Channel.
In summary: When you place a trade (or let the ALR autotrade for you meaning you don't have to take any trades) the ALR will automatically take control of that trade to ensure that it reaches your Take Profit, no matter what the Market/Price does. If the Market reverses and your trade starts losing then it is not a problem and you do not have to panic or worry or in fact do anything because the ALR will automatically turn that losing trade into a winning trade so that you always come out in profit, no matter what the Market does.
You never have to worry about whether to stay in or get out of a trade ever again because the ALR cannot physically lose if it has the funds to allow it to place the neccessary trades to get your trade to Profit (or Breakeven if you have chosen the Breakevn option which use far less margin. )! (see the ALR in action here on our YouTube Channel..)
Get the latest version of the ALR here.
See videos of the ALR in action on FOREX and Indices. The videos will show you how easy it is to use and examples of taking a winning trades with it.
See all our videos on our YouTube Channel - here
The ALR is from the Award Winning software company - Versis Software.
The software can be used with your current Broker, or ANY Broker of your choice!
Heard it all before? I'm sure you have.
But, unlike all the others out there, . not only does our software really work but we also do not ask or force you to use a particular Broker to place your trades. NO. You can use ANY Broker of your choice!
(We recommend of course that you use a well established Broker which is regulated in your country so as to ensure you have no withdrawal issues.
If you need help or advice on this please feel free to contact us.)
Play the video in the 'World' image above to see how to get the TradingPedictor and Metatrader software, install them and setup everything to have everything you need to start winning your Trades.
Be aware that Spread Betting and CFD trading carry a high level of risk to your capital and can result in losses that exceed your initial deposit. They may not be suitable for everyone, so please ensure that you fully understand the risks involved.
Download the software for free and use them unrestricted for one week.
Watch the videos her e on how to use ALL the software.
1. Get the ALR v8.2 plus User Manual HERE.
1. Get the Trade Tracker v2.0 HERE. Get the User Manual HERE.
1. Get the '9 Alerts' software sute HERE.
Features of ALR v8.2
Use Forex or Indices such as the Dow: but note that the Dow is MUCH more stable, consistent and profitable than Forex pairs. Just load the respective template the ALR will Autotrade for you and make you money.
NEW and Existing Features of ALR v8.2
New - Buy-Sell Strategy and OCO Strategy, Autotrader.
New - 'One-Order' - The '1 Hedge Only' System
New - Low Margin Use Multipliers for Breakeven
New - Included is the '9 Alerts' suite of Non-Repainting Alerts to choose from to use for Best Early Trade Entry with the ALR:
Pre-Emptor Alert, Fast Trade Alert, ASC Trigger
Alert 'Best Early Entry', Fast Trade Alert,
Price Action Alert, Fast Trade Alert, Top and
Bottom Alert, Sudden Market Move Alert, MAWMVADI
- Best Times to Trade Indicator, 12X12 Alert,
Market State Indicator.
New - Currency Power/Strength Meters
New - Multiple Trades on a single chart
New - Efficient better compatiblity fix for Grey Prediction Wave
New - Use Your Own Strategy and the ALR wil take your trade to either Profit or Breakeven
New - 2 New pre-configured, instant 'Ready-to-Go' Templates
New - Default setttings ready to go 'Out the box' for Autotrading and Manual Trading
New - Detailed screen information on active settings and options
New - ADR indicator v2.0
New - Multiple Open Charts: no longer only 4
New - ADR % Formula to calculate the best Zone size and TP
One Click Buy/Sell Buttons on the Charts
'Initial Take Profit' setting for fast money grab
Lot size Protection to stop incurring costs at high hedges
Reach For the Money’ - Set and Forget. ALR will get your $$ and close or activate Trailing Stop
Accurate Trade Direction Detection trading trigger
AutoTrading functions: New Alerts, Indicators/Signal and Triggers
Max Hedges Efficient Close
Trading Times Selector - for trading ony at best times of day
Auto News Reader with Trade Protection - accurate News and Announcement protection
'Panic Button' to protect and save your trades from unexpected Market events ’
Hedging Reduction System to stop hedging so as to meet your fund size
Never Reach Maximum Margin System - hedging limiter and hedge replacement
Which Hedge to stop trailing stop activation
Unnecessary Hedge Trades Contol System to protect from 'Noisy' and Ranging Markets
BreakEven ‘magic numbers multipliers’ for ultra low margin use
Stealth mode to hide all trade levels/positions from Brokers
Trailing Stops - Activated by reaching your Money target or Pips level
Bank Money and Close Trades and/or trigger Trailing Stop
‘Market Move’ Alert and Trade Trigger - to open a trade ONLY when there is sudden good Market movment
Direction Change Alert Trade Trigger to open and/or close a trade using the NoLagMA Trend Line colour change
Ability to run multiple trades on one chart (e.g. do the BUY/SELL Strategy on ONE Chart!); no need to use two charts or change magic numbers anymore.
No need to add the Spread onto the TP/SL calculations as autospread is built in and added on if/when needed
Unlimited charts can be opened in MT4 due to new coding of the Grey Prediction Wave (v3.0) and ADR (v2.0)
23 new Templates to cover all types of trading and with good default settings to work 'Straight out the box'.
New Non-Repainting Alert added to identify/show the 'Best Trade Entry Point' to enable you to place trades manually when the Market is changing direction. Just load the template and take the trade (..if Alert is following the Grey Wave. )
AutoTrade using new Trade Alert Triggers. The ALR can Open and Close Trades automatically using New Triggers/Alerts - without hedging: such as NoLagMA Colour change, MarketMove Alert