What is Forex Trendy?
Forex Trendy is a type of computer software program that scans trends in the market using an algorithm. This program claims to offer a lower monthly price compared to other trend monitoring programs on the market. This program is not designed to educate you on how the market works or give you any stock market tips for beginners, but it does provide a live analysis of patterns and charts, in addition to Forex signals that are auto-generated.
How does Forex Trendy Work?
Forex Trendy works in a straightforward manner as compared to other more complex trading prediction systems and membership services. In essence, it is a scanning chart-driven system that is also a manual trading system and a Forex trading robot. The main purpose that Forex Trendy serves though is to signal to you that a Forex currency pair is ready to trade.
In so doing, it removes the need for countless hours of both intensive research and flawless calculating accuracy. The problem Forex Trendy software sets out to solve is: how do you effectively recognize an emerging pattern correctly before it is too late to benefit from it? It works as a solution to this pressing issue this way:
- Select currency pairs of interest
- Creation of an algorithm
- Monitoring of the unfolding pattern
- Member places the trade
Find out which Forex pair and Time frame is Best to trade
Forex Trendy is a software solution to avoid trading during uncertain market periods.
Process and Performance
It quickly scans 34 Forex pairs on all time frames from minute to monthly. That's 34 x 9 = 306 charts. Forex Trendy analyzes all the charts for you every second! This way, you get the best trending pair and time frame at any time you want.
The software runs on our powerful computers so you instantly get the result online. Therefore, you can use your favorite trading platform such as MetaTrader, NinjaTrader, TradeStation... and there is nothing you have to download or install. It is very easy to use.
The truth is that most Forex systems or robots make money with the trend, but lose money in a choppy market. For example, imagine you trade a system that makes 50% winning trades, but another 50% are losing trades. By following the trend you would dramatically increase the odds of winning. If you increase the odds of winning by only 20%, that would make 70% winning trades and 30% losing trades. This can make the difference between losing (or breaking-even) and winning. In other words, by following the best trend it can only be better.
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