As Forex traders, we are always on the lookout for innovative tools and strategies that can give us an edge over the market. The First Cross Forex Software, based on Linda Bradford Rashke’s first cross system, aims to offer a unique approach to trend trading. In this review, we delve into the key features, settings, and potential benefits of this software.
Unique Trend Trading Approach
Most trend-based systems follow a trend from start to finish. However, the First Cross Forex Software takes a distinctive route – it targets a part of the trend. This approach waits for the 1st move to exhaust, then enters in anticipation of a sudden surge. The trend is found using a faster momentum indicator. When the 2nd oscillation shows a cross, it signals an entry point. Thus, it captures a piece of the trend, offering an alternative yet reliable way of trading a trend.
Flexible and Customizable
The software comes with a bundle of customization options. Users can select their favorite colors for the line and arrow indicators, and also adjust the size according to their preference. This level of customization enhances user experience and understanding of the trading signals.
Real-Time Alert System
Apart from the visual cues, the software also provides alerts via PC, email, or mobile device. This ensures that users never miss an important trade signal, regardless of their location or the device they are using. This feature makes the First Cross Forex Software a handy tool for busy traders who can’t constantly monitor the market.
Compatibility Across Markets and Timeframes
The software is not bound by any specific market or timeframe. It can be used across various markets and on any timeframe, making it a versatile tool for different trading strategies.
Customizable Settings
The First Cross Forex Software offers a wide range of settings for traders to optimize according to their trading style and strategy. These settings, split into four sections, allow users to set parameters for the moving averages, customize the visual aspects of the indicators, set up the alert system, and define the trading hours.
FAQ Section
Where can independent testing of the First Cross Forex Software be found?
Traders can view independent testing of this product on the forexroboteasy.com website. Subscriptions for updates on the testing results are also available.
Can users share their experiences with the First Cross Forex Software?
Yes, users are encouraged to share their experiences with the software. This helps build a community of informed traders and contributes to the software’s continuous improvement.
Is this review affiliated with the First Cross Forex Software?
No, this is an independent review of the product and contains no affiliations with the software or its developers.
In conclusion, the First Cross Forex Software offers a unique approach to trend trading and comes packed with customizable features and settings. Its real-time alert system and compatibility across markets and timeframes further enhance its appeal as a forex trading tool.
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