Forex sniper is a new multi-trend signals indicator the claims to have won just under $40,000 in 2 weeks. In the header image the developer has a very difficult time spelling the word developed but I’ll do my best not to let that get in the way of an unbiased review.
Today I’ll be letting you know my thoughts on this software and expectations I have for it.
Forex Sniper Review
The Forex sniper is an indicator built for the meta-trader 4 platform. The software is placed on your chart and analyzes the market using ADX, MA, MACD, RSI, SAR and stochastic strategies. It doesn’t look like there is a specific method or strategy for this indicator but it looks like it can be a helpful tool in analyzing other signal services or in your own manual trading. I actually use a very similar indicators to this in my binary options trading and it’s completely free. It does essentially the exact same thing except it doesn’t have a couple of the indicators that are included in this one.
The developer the Forex sniper tells us that he has been achieving over 90% winning trades by following the FX Pro system rules which are shared in the instructions document. This is good news because originally I thought there wasn’t the strategy but this means there is some sort of analysis and methodology. There are quite a few trade example you can take a look at. A lot of these examples show short by entries in short sell entries for potential scalping opportunities if the trend matches up with the rest of the indicator.
I believe that the Forex sniper is a very interesting indicator. I believe that this tool would be helpful for number of reasons. Obviously you can find systems like this online for free so I’m not sure if you should purchase this or not but if you do I’m sure it will be of some help to you. The only thing I don’t know now is what the strategy is and that’s something I’m very interested in. If you have something you would like to add to this review please leave your comments below. As always I appreciate your contributions and hope that you have a wonderful weekend.