Ziwox Fundamental Trader is a trading assistant designed to help financial market traders make smarter decisions based on informed data. This software utilizes online sources to gather crucial information such as the fundamental bias of currencies, sentiment of retail traders, bank and institute forecasts, COT report data, and other complex data panels. In essence, it acts as an integrated forex data source and information hub, empowering manual traders to make better decisions while also functioning as a full-fledged fundamental robot for automated trading.
Components and Tools
Ziwox Fundamental Trader consists of various components that collectively provide a comprehensive trading aid system. These components include trading aids, indicators, explanatory market reports, and more. Each component individually offers valuable insights, but it is the synergy of all components that truly enhances trading results. By aligning with the smart money traders and institutions, traders can increase their chances of success, and Ziwox Fundamental Trader serves as a reliable tool to trade according to market direction.
Components Outputs
Here are some key outputs provided by Ziwox Fundamental Trader:
Currency Fundamental Bias based on economic indicators such as CPI, PPI, GDP, and central bank interest rates
Forecasts for 10 major currency pairs from expert traders and institutions
Real-time world trader sentiment to gauge retail tradersโ positions in a pair
COT reports (Commitment of Traders) to understand large speculatorsโ behavior
Global country bond yield data
Economic calendar and news events
Market sentiment indicators to identify risk-on or risk-off sentiment
Session time panel with market volatility indicator
Profit/Loss monitoring panel
Trend indicators
For Manual Traders
If you prefer manual trading, Ziwox Fundamental Trader can be used as a valuable assistant to improve the accuracy of your trade decisions. You can leverage the fundamental information, COT data, market sentiment, retail tradersโ ratio, and your own technical strategy to make more informed trades.
Auto Trade Strategy
In auto mode, Ziwox Fundamental Trader trades based on the fundamental bias as the main market trend. It scalps on short-term trends using technical data such as moving averages, flow trend indicators, and stochastic indicators. This automated trading strategy allows you to take advantage of market opportunities without manual intervention.
Other Features
Ziwox Fundamental Trader also offers additional features to enhance your trading experience:
Full-function manual trading tools
Suggestions to trade or stop trading on specific pairs
Money management with automatic position sizing
News filter to avoid trading during high-impact events
Trail feature for automatic break-even and variable profit
Pivot points and support/resistance levels
Loss recovery function
Recommendations
For optimal performance, it is recommended to use an ECN account with a leverage of 1:500. The minimum balance per pair should be $500, and the recommended timeframe is H1. Ziwox Fundamental Trader is compatible with all forex pairs, except CHF pairs. If your broker uses a prefix or suffix in their symbols (e.g., EURUSD.p), make sure to set it in the EA inputs. Additionally, allow web requests to specific URLs for news filters and fundamental data.
Please note that Ziwox Fundamental Trader cannot be backtested due to its reliance on online economic calendars and fundamental data. However, you can find independent testing of this product on forexroboteasy.com and subscribe to updates on the results of the testing.
FAQ
Can I backtest Ziwox Fundamental Trader?
No, backtesting is not possible as the software uses online economic calendars and fundamental data for analysis, which are not available for backtesting purposes.
What trading style is Ziwox Fundamental Trader suitable for?
Ziwox Fundamental Trader caters to both manual traders and those who prefer automated trading. It provides tools and data to assist manual traders in their decision-making process, while also offering an auto trade strategy for those who want to automate their trades.
Can I use Ziwox Fundamental Trader with any broker?
Yes, Ziwox Fundamental Trader is compatible with any broker that supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms.
How frequently is the software updated with new data?
Ziwox Fundamental Trader is regularly updated to ensure it provides the most up-to-date and accurate data for traders. You can expect frequent updates to incorporate new economic indicators, forecasts, sentiment data, and more.
To conclude, Ziwox Fundamental Trader is a comprehensive trading assistant that empowers traders with valuable data and tools to make informed trading decisions. Whether you prefer manual trading or automated strategies, this software offers a wide range of features to enhance your trading experience. Share your experience with Ziwox Fundamental Trader and explore independent testing results on forexroboteasy.com.
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