Forex Trendy is a solution for those traders that are focusing on the best time to trade Forex. Without using indicators to identify the master trend, Forex Trendy is based on market action. The Forex Trendy is able to scan 34 currency pairs on multiple time frames that are ranged between 1 minute and 1 month. Forex Trendy is able to determine the master trend by identifying new chart patterns when they occur. It monitors instantly all available time frames and recognizing pattern break-outs. This is when sound alerts are generated. The system can be adapted to most popular trading platforms such is MetaTrader, TradeStation and NinjaTrader.
What is Included in the Forex Trendy Package
1) Live charts of popular Forex pairs in multiple time frames
2) Automatic chart analysis identifying Flags, Triangles, Trend Lines and Wedges regarding 34 Forex pairs
3) Alerts (Audible and email)
4) All trends and all Forex pairs quick overview
5) Select / Remove time frames or Forex pairs from auto-generated analysis
Forex Trendy Members’ Area
Forex Trendy allows full access to the members’ area where traders may enjoy the best currency movers of 9 timeframes. Additionally, automated identification of popular patterns (mainly Flags, Triangles and Trend Lines) is offered by using chart analysis.
Forex Trendy Algorithm
Forex Trendy is based on a complicated algorithm when it comes to to identify new trends. These trends are generated purely by the market action and not by any kind of indicator. That is pretty unusual for a trading system of nowadays, but it can constitute an advantage in short-term time frames. As it has be mentioned, Forex trendy uses 9 time frames (from 1-minute to 1-month chart) while the total number of currencies that are analyzed is 34. That means that the algorithm analyzes 306 (9*34) total charts.
Forex Trendy team uses power computers and servers so that the results of their Algorithm to be presented instantly
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