The Forex killer is a thinking automated forex software.It even out smarts the humans in taking proper decisions.
However, people are still half in doubt and thus, we dare to pose the question: Is it really an answer to our FOREX dilemmas? To use the FOREX Killer, requires the inputting of data concerning the closing prices of the last 10 bars of a certain currency. After which, the user would only need to click on "calculate" to trigger the FOREX killer and enable it to inform the user as to which of the three actions that were inputted is the best choice. Sounds simple enough, right? So if you're a newbie to the FOREX trading industry, having something like this software would be a very helpful tool to getting you started and acquainted with the ins and outs of the market.
The FOREX killer makes trading easier for the trader himself through the automation of many of the tasks which can be tedious and stressful for the user. All the analyzing and the monitoring can really get to the user but all those stress inducing tasks are eliminated by the software. It basically does your job for you minus the drama and the stress. It also focuses on just one area of information at a time thus preventing the user from getting distracted by other things. After all, there are so many trades going on everyday one can't help but get a little distracted by the goings on. Many believe that the best benefit that this software gives is its accuracy. But you do understand that this is an expert advertiser not an active trader, right?
Criticism is what the forex killer can expect from the other quarters.This is because the software fails to take into the account the volatile nature of trading.It can at best,give the accurate output for a given input.But if the data in the input does'nt cater to the volatility of the market,the software cannot make it up for that all by itself.
This is in fact, true. Foreign currency trade is a very complicated game of speculation, after all, and the machine's best possible bet is to come up with near accurate predictions when it comes to how high or low a currency's value might become. Using this tool would give the user a better advantage as well as a higher chance of getting the best guess at what might happen. There have been studies that show how the software helped improve a users trading signal efficiency by 13.4% and in the world of FOREX trading that indeed is a very significant number. So even if you are just a newbie trader looking to try your hand at trading or if you are an experienced trader, having this software at your disposal would definitely increase your chances at gaining more profits.
By SteveComet
About the Author:
Steve Comet, a pseudonym, is a group of experienced forex traders. Our team has reviewed all the different forex autotradersthat exist, and found out the ones wich work. Check out ourforex autotrader reviews