Forex Killer Tutorial Screenshot
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Home  navigation link  Forex Trading Software  navigation link  Forex Killer Review navigation link  Tutorial Screenshots

Forex Killer
Tutorial Screenshots
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Rating (Added Feb '09)
User Friendly
9/10
Popularity
with Users
7/10
Support
6/10
Profitability
6/10
Value for Price
8/10
Overall Rating
8/10
 

download forex megadroid Download @ Forex-Killer.com
Forex Trading Software

 

Below are the instructions extracted from the Forex Killer manual. I have created the screenshots to help you understand about the operation procedure.

Here is a tip to increase the software's performance: Use it as a Trend Indicator with your current trading strategy. Confirm that your trading signal align with Forex Killer.

Doing this everytime before you trade will give you a better result. It will restrict you from overtrading and only take the higher probability trades. (Thats what work for me)

Any average 50% trading strategy can increase a good 10%-20% winning rate when you trade when both signals matched. Relying it alone will give you a lower winning rate.

Step 1: Open Metatrader4 software.
Metatrader4 is a free broker platform. You can download it on any broker site that support Metatrader.

Step 2: Select the chart with price data that you are going to export.

Step 3: Use File -> Save As in main menu or press Ctrl+S. Save data as EURUSD60 in SCV (ASCII Text) Format. You can change the filename and folder.

metatrader4 save 10 closing prices

Step 1: Load the exported price data files from Metatrader earlier.

Step 2: Set Parameters for timeframe and currency in Forex Killer Software

forex killer tutorial - load last 10 prices data

forex killer tutorial - set parameter

Step 3: Calculate signals
On this step you can adjust parameters for Stop Loss and Take profit.
Decimals is the amount of numbers after the point.

For example:
The EURO/USD price is 1.4123, therefore set Decimals = 4
The USDJPY price is 113.84, therefore Decimals = 2

Press "Calculate" button to generate next Signal and its probability.

In this example we get "Buy" signal (Green) meaning the probability is on the Buy.

If you get "NO TRADE" yellow signal - that means program does not recommend you to open trades now. In this case you should continue next timeframe (minutes/hours/day) to get new signal.

forex killer tutorial - generate signal

In "Result Signals" group you can see the generated short and long term signals and recommended stop loss and take profit limits. They are calculated from the Last (current) price, not from Predicted price. Predicted price is just informational price based on program calculations and predictions.

 

 
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