The Forex-Killer Trade Signal Generator

The Forex-Killer is an incredible forex signal generator program and we've never seen anything like it. I used to pay a lot of money to these so-called expert forex signal services in the hopes of getting profitable trade notifications. The downsides to all of the forex signal services are that you need to pay a monthly fee (can be very expensive), need to be available to trade 24 hours a day (we do need to sleep sometimes) and at the end of the day, you could end up losing more money than you win.

The Forex-Killer software application is perfect for traders who want to generate their own trading signals on their own schedule and you can also use other tools and indicators to help you decide if these signals are worth trading. I love this software because it not only gives me the Entry Price but the suggested Take Profit and Stop Loss targets. One of the biggest challenges for me has been to try and pick my stops and take profit targets. Using Fibonacci works well sometimes but using them on multiple time frames, you can start to see conflicting signals or price ranges that are much too large for your money management.

The Forex-Killer is very easy to use and straight-forward. You simply get the close price of the last 10 candles of the currency pair you’re thinking of trading and input those values into the program. Once you have all the values in, you click the Calculate button to see if you get a Buy, Sell or No Trade signal for your short-term trade. If the probability of the trade is too close to call, the program will recommend a Not Trade signal. That’s when I just move on to the next currency pair. This program also generates longer term trade signals with bigger stop loss and take profit targets. You will need to input intraday swing high and low prices into the program to get these signals. This would take too long for me to explain here, but if you get the Forex-Killer software, it’s very easy to understand.

Manually adding the close prices of the last 10 candles can take a few minutes and doing this across multiple currency pairs can easily add up to 15-20 minutes. That may not sound like a lot of time to you, but to me it’s a big deal. One of the best things about the Forex-Killer software is that it takes input files to quickly add the closing prices it needs to generate trading signals. You can input Metatrader (MT4) chart data into Forex-Killer. The Metatrader charts are on the MetaQuotes website and you can download the free Metatrader 4 Client Terminal platform. Once you install these charts, simply open the currency pair you want to trade, set the timeframe (15 minutes, 1 hour etc), click Save As and then use that file as input to the Forex-Killer. Click the Calculate button and you’re done. Generating signals takes only a minute per currency pair! This will also generate short-term and long-tern trade signals because the input data from Metatrader will add all the values necessary for both trade calculations.

By the way, you do not need to use a forex broker that supports the Metaratder charting platform. I simply use the Metatrader charts to generate the files that I use for input into the Forex-Killer application. Then I use my MB trading or Oanda forex brokers to execute the trades. That’s just another great thing about the Forex-Killer program. It allows you to use any broker you like.

That’s about it. You also get lifetime software updates to the Forex-Killer program so this tool just keeps getting better and more accurate and their customer support is one of the best in the business. You can click the image below for a bigger screenshot of the Forex-Killer application so see how easy it is to plug in values, calculate trade signals and see how the application shows you whether you have a trade or not. In this example, there is a Buy signal for both the short term and long term signal windows.