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Software Components: The Forex
Killer™
Version 3 trading software.
The software
itself is extremely user friendly, with minimal options which is
actually ideal as it makes it very user friendly to get the results and
predictions you want. Accepts
data feeds from MetaTrader4, Trading Station, DealBook360
and SignalSoftware
The
latest version of this software titled Forex Killer is Version 3. This
version
is extremely user friendly, with minimal options. It works on all
trading platforms because it is an independent program. You simply have
to feed it with market data and follow it's trading advice.
It
has been both back-tested (using historical market data) and field
tested and found useful
for EUR/USD, GBP/USD, USD/JPY, USD/CHF etc... It should be noted that
the examples in the accompaning literature are mostly
EUR/USD, This is primarily for simplicity in instruction, however it
has caused some concern to those who purchased the software and did not
understand that the same system can be easily applied to any other
currency pairs.
The software has been designed to trade on a
variety of timeframes from intraday using the following timeframes
5M
15M
30M
1H
For longterm trading it creates projections based
on the following time frames
4H
1D
1W
Connectivity:
As with all trading software the type of connection you need with be
dictated by the type of trading you do. For active day traders a high
speed, high bandwidth connection is the only option. For mid to
longterm traders a simple dial up may be sufficient. As always we would
reccomend the fastest connection you can get your hands on.
Helps
and Guides:
Included with the Forex Killer software package are three downloadable
PDFs titled: Exclusive Forex E-Book and Non-Farm-Payroll Strategy and
Additional winning tactics.
The
Forex E-Book is meant as a primer fo beginning traders and will explain
the basics of Forex trading including the ever important money
managment strategies. This ebook will also go over how ot use
MetaTrader4, and how to
conduct basic market analysis.
The Non-Farm-Payroll
Strategy will cover news events based trading strategies. This is a
good strategy to learn as Large
economic reports such as the Non-Farm-Payroll report can have huge
impacts on the Forex and Futures markets. These news events can often
cause market moves of up to 200 pips
in minutes. This guide is designed to help you trade those news events
to your advantage.
Additional
Winning Tactics are a collection of tactics that have been used
successfully by fellow Forex Killer users. It is an assembled knowledge
base, culled from traders who have executed these tactics on the
markets with live money.
Software
Ease Of Use
For the most part these programs are easy to setup with a few
mouseclicks and option settings. The
software comes
with step-by-step training material that shows how to get data
feeds and use the software.
Support
The software comes with one of the most
comprehensive support packages on the market which includes free
updates for life.
Of
special note is the live phone support that runs Monday through Friday
6am-3pm Pacific Standard Time. Ans also of note is the fact that
owner/developer Andreas
Kirchberger appears frequently on the user forum to answers questions
and concerns.
Specifications:
Runs on Win98,Windows2000,WinXP,Windows2003,Windows Vista Home
Basic,Windows Vista Business,Windows Vista Ul.
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