Signals Provider: Forex Trendy
Signals Type: Trend & Breakout Scanner
Delivery: Sound & eMail Signals
Signals Frequency: Daily Signals
Markets / Instruments: 34 Forex Currencies
Subscription Cost: 37 USD (3-Months)
Forex Trendy Full Review
The Forex Trendy is a Trend Scanner that can be used on any trading platform such as MetaTrader-4, Trade-Station, and Ninja-Trader platform.
Forex Trendy Trading Signals Delivery
The generated signals are delivered via Mail and Sound Alerts while subscribers gain access to the Forex Trendy members’ area.
When you log-in to the members’ area for the first time you may see the 3 primary charts showing the highest trending currencies at the time.
How the Forex Trendy System Works?
The Forex Trendy System is a pure Price Action Trend Scanner without the use of any indicator. The system is able to scan up to 34 Forex pairs at the same time on charts from 1-Minute to 1-Month. It may scan even exotic currency pairs such as USD/HDK and USD/NOK. The Forex Trendy package includes a 30-page eBook explaining how the trend-scanning works.
Forex Trendy Characteristics
■ Recognizes Break-Outs
■ Scanning Multiple Time Frames
■ Scans Triangles, Flags, Wedges, and Trendlines
■ Provides quick analysis view / Customize your Trend-Watching
■ It warns traders about unstable patterns
■ eMail and Sound Alerts available
■ Members Area with brief Forex Analysis
Forex Trendy Algorithm
The Forex Trendy Algorithm is designed to scan 306 charts at the same time. And that means 34 currency pairs X 9 timeframes. Although the algorithm’s complexity, traders may use the Forex Trendy on minimum computer requirements (web-based analysis).
Forex Trendy Review Pros
- User-Friendly Interface (suitable even for Forex beginners)
- May be used on multiple platforms (MetaTrader-4, Trade-Station, Ninja-Trader etc.)
- One of the lowest subscription cost in the industry (37 USD for 3-months)
- Scans 34 Pairs in Multiple Time Frames
- Break-Out Pattern Recognition
- Live-Chart Analysis (Continuously Updated)
- Cloud-Computing Software (Minimum Requirements in PC power)
Forex Trendy Review Cons
- It doesn’t offer automated-trading
Forex Trendy Review Conclusion
Forex Trendy is an ideal tool for Forex Beginners and semi-advanced traders. It is can be easily understood and be used in multiple platforms. It covers a great number of Forex Pairs in a great variety of time-frames and that means that the broad area of scanning is very wide, that is good. Keep in mind that Forex Trendy doesn’t require a high-performance PC but it does require a good internet connection so that charts are updated in real time
How Much the Forex Trendy Costs?
Forex Trendy costs 37 USD for 3 months subscription. Full access to the member area.
■ Forex Trendy Review