Forex Killer is a trading software developed by Andreas Kirschberger that uses statistical analysis to come up with trades that give you the best probability of profits.
To find out if you have a trade, you simply just input the last 10 closing prices of whichever time frame you are trading in. Click on Calculate to get a trading signal, and the algorithm will give you one of the three following signals:
- Buy
- Sell
- No Trade
When you get the signal, you simply open a trade in the direction that Forex Killer tells you, place your stop loss and your profit target. All you have to do next is to trail your stops and wait till you hit your profit target or get stopped out!
Here are some trades that Forex Killer identified:
A signal to BUY was generated on the GBPUSD 4H chart, and after opening a trade you would have been taken on a hugely profitable trend for almost 300 pips profit!
Here’s what happened after the signal was given on the GBPUSD 4H chart:
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