Being able to reliably answer that simple question can make every trader a rich trader. We are trying to give you an edge. FuturoFX is the most advanced algorithm forex predict indicator review wrote so far and what is does is giving you THAT edge.
It scans the past history looking for strong correlations with the most recent price action. 72 pips of net profit and a 6. 41 profit factor in 3 hours of trading! The future price movement displayed on chart by FuturoFX was essential in achieving this result.
FuturoFX is very different from the many indicators based on technical analysis that are installed into our MT4 platforms. First of all it really is a trading assistant, more than an indicator. And secondly it displays information in the future, not in the past. In my opinion this has some pretty amazing effects on our psychology as traders. When I enter a scalp trade with FuturoFX running on my platform I’m constantly warned about the possible outcomes of my trade. The price action displayed in the future makes me remember all the time that price can zig-zag a lot before reaching my take profit. So I should not freak out just because I see some pips against my trade.
On the other hand FuturoFX can also suggest that the outlook for the next bars is not in my favor anymore. END OF DAY We also checked how FuturoFX performs in end-of-day trading. It only takes 5 minutes a day of your time. EURUSD only trading 5 minutes a day. 3407 pips in a year is a great result, considering that each trade has fixed SL and TP levels and is left completely unattended for 24 hours.
The strategy requires looking at FuturoFX H1 and H4 charts around 00 GMT each day. Executing this manual strategy should take only 5 minutes of your time, 5 days a week. We noticed a good number of winning trades at the opening of markets on Sunday, exploiting gaps. As you can see both charts suggest a rapid decline of prices, that’s why we entered a market order aiming at the typical closure of the gap. Other times it makes more sense to let the price run in the direction of the gap for a bit before betting on a reversal closing of the gap: in this case this end-of-day strategy would require to enter a limit order instead of a market order.