Compare Forex Trading Systems

COMPARE TRADING SYSTEMS

A Trading System is a trading method that is based on a series of specific rules and conditions to determine whether to buy or sell a financial asset at a specific price and time.

What is a Trading System?

A Trading System is a trading method that is based on a set of specific rules and conditions to determine whether to buy or sell a financial asset at a specific price and time. Trading systems are usually based on a series of technical analysis tools and conditions for entering or closing trade positions. Other trading systems, may be based on fundamental analysis and trade the news, or even trade the inefficiencies between different financial markets (arbitrage trade systems).

Key Components of a Proper Trading System

(1) Trend Identification and Confirmation (in at least 2 timeframes)

(2) Complete Order Creation (enter-price, take profit, stop-loss)

(3) Money-Management Sub-System (additional rules)

(4) Positive and Proven Past-Performance

More: » Compare Expert Advisors | » Compare Trading Platforms » Compare Fx Brokers

 

Table: Compare Forex Trading Systems 

TRADING SYSTEM

FEATURES

PLATFORM

OUTPUT

COST

EA Builder Forex Robot Creator

Create custom trading systems

» Visit Website

■ EA BUILDER

■ Create custom indicators for free

■ No programming skills are required

■ Create custom Expert Advisors (EAs)

■ Trades Forex, Equities, Commodities, Bonds

■ Any Timeframe

L MetaTrader4 | L MetaTrader5 | L TradeStation

L Video Tutorials and PDF guides

■ AUTO & MANUAL TRADING

 

■ Expert Advisors (EAs)

■ Custom Indicators:

-SMS Alerts

-Sound Alerts

-Member's Area

> 97 USD

> Free for Creating Indicators

 

» EA Builder Review

MT4 plug-in for beginners

» Visit Website

FOREX MYSTERY

■ Trades multiple Forex Pairs

■ Recognizes 40 main candlestick

■ Recognizes several divergence patterns

■ Combines trading with education

L MetaTrader4

■ MANUAL TRADING

 

■ Email Alerts

■ Sound & Visual Alerts

■ MT4 Push Notifications

> 87 USD

> Lifetime License

 

» Forex Mystery Review

Forex Trendy

Forex Trend Scanner

» Visit Website

 

■ FOREX TRENDY

■ Easy-to-use Forex Scanner

■ 34 Forex Currency Pairs

■ Multiple TimeFrames (nine)

 

L Trend and Breakout Scanner / Daily Signals

L Can Fit any Trading Platform

■ MANUAL TRADING

 

■ SMS Alerts

■ Sound Alerts

■ Member's Area

> 37 USD / 3-Months

 

» Forex Trendy Review

MT4 plug-in for Advanced Money Management

» Visit Website



■ TRADER ON CHART

■ Plug-in Software for Advanced 1-Click Trading

■ Offers Customized Settings (lot size, etc)

■ Automate Money Management with precision

■ Trailing stops simultaneously in many Forex pairs

L MetaTrader4

■  MANUAL TRADING

 

■ 4 or 5 digits accounts

■ ECN/STP/DD brokers

■ Any financial instrument

> 59 Euro (onetime)

 

» Trader-on-chart Review

  

What is a Manual Trading System?

A manual trading system is based on certain rules and conditions to identify price trends and to create complete trading orders. These orders are created automatically, but human intervention is needed, in order for these orders to be placed in the market.

What is an Automated Trading System?

An Automated Trading System (ATS) is computer software which is designed to identify trends and create trading orders that automatically submits to a financial market. There is no human intervention neither on order creation nor on order execution.

 

■ Compare Fx Trading Systems

ForexAutomatic.com

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