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MT4 Expert Advisor 1.0 by ForexGeometry.comDownload

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License Shareware / $397
Downloads 50
File size 487.0 K
Date added 5-Aug-2011
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Editor's review:

This is an expert advisor software for the Forex market Metatrader 4 or the MT4 platform.

Forex trader typically will start a day off by switching on his computer to various news, read brokerís report, open up his charts, draw the trend lines, support and resistance lines, and try make sense of what these patterns are telling him. He then goes on to initiate a trade or make a decision about exiting a trade. Supposing a software was possible that will take these decisions for him and enter as well exit contracts based on the trends happening and whether the support lines or the resistance lines are being crossed. The trade could then either feel less stressful, and you could decide to do a supervisory role over the actions of the software or simply spend the time following up on some other important activity.

Instead of trying to develop an expert adviser software based on oneís own trading strategy, you could simply use this software tool. The charting assistance provided with the tool will help traders get notified of trade signals easily and they can choose to trigger trades immediately. This tool provides the trader with a visual overview of what his whole trade process will be like at a glance. Since all the work is automatic, from detecting trend lines to spotting the support and resistance lines, the tool can save you a lot of time. There would also be no delay due to emotional reactions to the market. the software utility will enter or exit trades for maximum profit at the earliest opportunity. The interface makes it all very simple to observe whatís going on.

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