Forex Trading Systems Reviews

Forex Transformer Review

Forex Transformer is an Expert Advisor that makes it’s best profits on the EUR/USD currency pair on the 15 minute chart. Its claim to fame is that it is capable of winning trades an astonishing 96.2% or the time. It also claims that its capable of generating $19,000 profit in a single day. Really? We investigate further in our Forex Transformer Review.

Forex Transformer Review

Our Rating : 4 /5 (= “Try It!”)

With our Best Price Guarantee!

Or keep reading below for our full Forex Transformer Review.

Forex Transformer Review – Saying Goodbye To Forex Decepticons

The branding tie in with the Transformers is obvious on the sales page, but the message that they are really trying to get across is that Forex Transformer is capable of making great profits on autopilot. Forex Transformer is a proper expert advisor trading robot, not a scalper. This means that you’re unlikely to run into any problems with forex brokers who do have a very intense dislike of scalping robots. With Forex Transformer, there’s no need to worry about this.

Forex Transformer Review – Something For The Little Guy

Forex Transformer has been designed to satisfy people like you and me – that is, people who want to trade the forex market and make some extra money but are a little short on both time and money. Yes,  Forex Transformer has been designed to work on complete autopilot, and to be able to make you a good level of profits no matter what your starting balance may be.

Forex Transformer Review – The Nuts & Bolts

Ok, so here’s what we know about Forex Transformer in a quick summary :

• Works best on the EUR/USD on the 15 minute chart …
• … but is fully usable on other currency pairs and charts
• Built in strong money management rules that work their hardest to stop any losses as soon as possible
• Reported profits of transforming $10,000 into $300,000 in just 8 months

Forex Transformer Review – Did You Say $19,000 In 1 Day? CAUTION!!

Well, I did, because that’s what the Forex Transformer website says. However, it must be noted that, at time of writing, there is no actual proof of this on the site. To get technical, the exact wording on the site is that it “can” return a $19,000 profit in one day – I would take this to mean that it hasn’t actually done so. This claim should, in my opinion, be ignored when considering whether to buy or not.

Forex Transformer Review – To Buy Or Not To Buy?

At the time of writing this, I have to say, the website selling Forex Transformer is far from perfect. This always concerns me a little in terms of what the seller’s overall attention to detail is.

However, the flipside is that this robot does appear to deliver great accuracy and great profitability. And, as with all robots reviewed on this site, it can be run fully in demo mode and if, for whatever reason, you’re not completely satisifed with the profitability you are able to take advantage of the 60 day money back guarantee.

With only 500 copies available, it’s probably best to get your hands on a copy now and try it out.

Forex Transformer Review Conclusion – It’s Well Worth A Try.

Forex Transformer Review

Our Rating : 4 /5 (= “Try It!”)

With our Best Price Guarantee!

<#hide# – special discount link>

Forex Trading Systems 4 You – Forex Transformer Review

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Interbank FX (IBFX), one of the most used metatrader4 (mt4) platforms for expert advisors (forex robots) is to change to 5th decimal pricing.

In a move announced by email to it’s members over the weekend of April 11th, IBFX announced that as from the open of Sunday night trading on April 12th the main demo server would be now running on 5th decimal pricing. The current plan is that the live platform will move to 5th decimal pricing from the open of Sunday night trading on 17th May.

This means anyone running Expert Advisors on IBFX needs to consider what impact this will have on them. Certainly they will need to make any adjustments and test them appropriately either before the 17th of May, and/or stop running their robots at this time and make the adjustments.

The full email statement is below :

Interbank FX is introducing 5th decimal pricing!

As part of our continuing commitment to delivering the optimal customer experience we are introducing 5th decimal pricing on our currency pairs. The 5th decimal prices will be available on our demo servers on Sunday afternoon at 6pm EST on April 12th, 2009 and will be available on the live trading servers on Sunday afternoon at 6pm EST on May 17, 2009.

Why 5th decimal pricing?
Adding the 5th decimal point can reduce the spread, or difference between the buy and sell prices of a currency pair. You may notice tighter spreads as we enable the 5th decimal pricing on our trading platforms.

How will this effect Expert Advisors (EAs)?
Most EAs will be affected by the introduction of the 5th decimal point. Please make sure that you have adjusted all pip value related parameters, such as take profits or stop losses, to allow for the additional decimal point. For instance, if you are currently using a stop loss level of 20 on a four decimal pair, you would have to change the value to 200 to get the same execution on a pair with a 5th decimal. Please be aware that some EAs will need fundamental changes to ensure that they will work as you expect. We would suggest that you use your EAs on our demo accounts before using them on your live account to ensure they are working properly.

How does this effect Stop Losses, Take Profits and Maximum Deviation?
All take profit, stop loss and maximum deviation values that are expressed in points should be multiplied by 10. For example, if you would like to enter a Maximum Deviation of 5 pips, you would enter 50 into the Maximum Deviation field.

How does this effect the profit / loss values expressed in the Trade tab in the Terminal?
All profit & loss values already incorporate the 5th decimal place adjustment when they are expressed as Points in the Profit column under the Trade tab in the Terminal window in MetaTrader.

Does this effect Trailing Stops?
Yes. When you are setting a trailing stop value you will multiply it by 10.

Who do I contact if I have additional questions?
You can contact our award-winning customer service team from Sunday at 5:00pm EST to Friday at 5:00pm EST by email, phone or live chat.

Toll Free:
US and Canada: 866.468.3739
Australia 1.800.884.912
Indonesia 001.803.017.9112
Malaysia 1.800.813.776
New Zealand 0800.445647
Singapore 800.101.2097
United Kingdom 0.808.120.1966
International: +1.801.930.6800

Email:
help@ibfx.com

Live Support:
Click here

- The IBFX Team

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Forex Hoster answers one of the biggest areas of concern for anyone using Forex Trading Systems.

• Do you, like me, grimace at the thought of having to leave your already very hot laptop on 24 hours a day just so the software can successfully trade?
• Or perhaps you move around a lot and just can’t leave your computer connected non-stop?
• Or is it that you just want the flexibility to be able to check your trading from any location – work, the office, your friend’s? Or even on your iPhone?

Whatever the situation, Forex Hoster could be the perfect solution for you. Forex Hoster hosts your MetaTrader4 account on its own dedicated, secure servers. But better than that, Forex Hoster also lets you upload your Expert Advisor software.

Forex Hoster gives you the forex trading system freedom you were always promised. You can log into your Forex Hoster account from anywhere in the world, from any machine. Once you’ve setup your Forex Hoster account and uploaded your Expert Advisor, you can, finally, switch your computer off without fear – Forex Hoster stays awake so you don’t have to!

The features of Forex Hoster include :

• Multi-Operating Support – don’t be tied to Windows, Mac & Linux systems are supported too … in fact, you can even use your iPhone!
• 24/7 Server Monitoring – the Forex Hoster team monitor the Forex Hoster servers … you know that when your computer switches off your account will keep trading
• Forex Hoster is completely Virus and Malware FREE
• Use Forex Hoster’s Web-Based Upload Portal to upload your Expert Advisors
• Real Time Assistance – if you want them to, the Forex Hoster team can see what you see to help you get your problem fixed FAST

Forex Hoster definitely has some great features. But why use it?

The Importance Of Connectivity

The reality is that many of the newer Expert Advisors such as PipZu and Forex Detector are making use of trend adapting technology. This means that they really do need a 24 hour connection to the markets so that they can properly analyse the trends and trade at the right times.

The fact is, switching your computer off, or, worse, having it crash on you, could leave you with stuck open positions or inadequate analysis – costing you money. Forex Hoster removes this risk.

Is Forex Hoster Useful? Is It A Necessity For My Forex Trading System?

The two most useful things about Forex Hoster are that :

1. As described above, it removes potential risk.
2. If you want true mobility / “Freedom”, then Forex Hoster delivers this.

Of course, Forex Hoster isn’t a necessity for everyone. If I still had my trusty incredibly reliable desktop I would have no problem leaving it running 24 hours a day … but my laptop, well, it leaves a lot to be desired and for me that poses a potential problem.

Forex Hoster is the first product I’ve seen that is able to solve my problem. If you think it could solve your problem too then I think there website is well worth a visit.

Learn more about Forex Hoster here.

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