Indicator Review: For-Exe

For-Exe is a Forex indicator developer that is “just trying to help traders do better.” They are the creators of multiple products, all of which are all quite affordable, and are presented in a no nonsense approach. The marketing is unlike most programs that we review, so it’s a bit of a breath of fresh air. Regardless, we will still be skeptical in our approach as we always are, and make sure that you get a fully thought out review.

The developer of the project is Steve Norman, located in Milton Keynes, UK. He comes across as an intelligent, no nonsense trader who posts on social media a couple of times a month. Most posts are about updates to his software, or new functions that he’s testing.

For support, traders can fill out a contact form on the website, but Steve does say that the support doesn’t come free of charge. If you are expecting a friendly customer service agent, you are likely to be disappointed. This isn’t a major drawback, but if you don’t have experience with Forex indicators, and feel you would likely require a high level of support, then we don’t recommend these systems to you.

For-Exe Review

As we produce this review, there are currently four MT4 indicators, and one MT5 indicator for sale by the For-Exe team. The price point is much lower than most Forex indicators we’ve reviewed, as each individual indicator costs £14.00 to £19.00, and all four MT4 indicators can be purchased in a bundle for £40.00.

It’s good to see some differences between this vendor and the other indicators we normally review, just to see contrasting approaches. The vendor is different in just about every way, when comparing them to our recent reviews of the MT4 Currency Strength Meter, or the Fibo Quantum Scalper.

The four MT4 indicators are the Fractical Fib Multi v2, eWaves, Mind the Gap, and Trade Information. So, let’s take a closer look at each of these add-ons, and let you know their purpose.

Fractal Fib Multi v2

This indicator “draws lines on the most recent (confirmed) fractal levels for current and higher timeframes.” It also shows the pip distance between fractals, which gives traders an advantage when trading tight ranging markets.

eWaves

This indicator “will predict the target zones for Wave 5 in both price and time using Fibonacci Expansion and Time Zone levels.” It also gives traders many options in setting the amount of information they want shown on the charts. This indicator also comes with an introduction video, and an examples guide which we found to be quite informative.

Mind the Gap

The Mind the Gap indicator is built to provide traders with “excellent support and resistance levels.”

Trade Information

The trade information indicator helps traders visualize their trades by showing “the profit and risk values against your TP and SL lines.”

Indicator Breakdown

• Type: Forex Indicators
• Owner: Steve Norman
• Founded: 2012
• Price: £14.00-£19.00

The For-Exe indicator collection is quite interesting, and each tool provides a specific purpose. It’s apparent that the tools do require a fair amount of Forex knowledge, and the creator has no intention of spood feeding any of his clients. We are very happy that he is up front about his approach, and do feel confident in the services he’s providing. That being said, we feel we should reiterate, that if you are not an experienced manual trader, than these aren’t the best Forex indicators for you.

Client Feedback

It’s no real surprise that the For-Exe client feedback is very positive, as the vendor doesn’t make any outlandish claims or promises. He has 52 reviews on FPA, and they are all 5 stars. This is very hard to accomplish, but he’s stayed away from any sort of marketing hype, which has definitely helped his ratings.

Conclusion

If you are interested in enhancing your manual trading approach, we see nothing wrong with the For-Exe indicators. The vendor is professional, the reviews are great, and the price is right.

Please leave a comment if you have anything you would like to add to the review.