Today I’m looking at a new Forex tool that’s built to help traders maintain a level of profit with their manual trades, Forex SuperVisor. This is not a system that provides traders with signals, or trades automatically for them. Instead, it is a software that is set to work with your current manual trading strategy. You still open the trades, but the software will help you in managing those trades and setting the right take profit and stoploss for them.
This system comes from Rita Lasker, the CEO of the Green Forex Group. Many believe that Rita is just a character, and point to the fact that this software group uses stock images to show her likeness. Yet, Rita continues to release new products to the marketplace every couple of months, and must have a loyal following by now. In order to get in touch with support traders can email support@ritalasker.com. Considering there are so many products in the Green Forex Group, I recommend that you specify which system your emailing about.
Contents
Forex SuperVisor Review
The Forex SuperVisor system is unlike most products that Rita releases to the public. Generally, her focus is on automated Forex robots, and occasionally an indicator-based signal system. This time around, she’s put together a system that’s main goal is to help simplify the manual trading process. She wants “your manual trading on Forex 10 times faster, more efficient and therefore more effective.”
In order to do so, there are 4 technologies included in the software. A “ZeroSecond” boosted algorithm, that will automatically set the stoploss and take profit on your manual trades soon as you place them. This, I have a hard time understanding, because depending on the type of trading approach you are using, the take profit and stoploss levels could only be guessed by the software. I don’t see how this is added value.
The other technologies consist of drag-and-drop profit, which allows traders to adjust their SL and TP by dragging lines up and down the chart and a “Dynamic SynchroVisor” system that tells you when you shouldn’t trade on certain pairs. I assume that this technology has something to do with news events, but this is not discussed further on the website.
Breakdown
- Type: Manual Trade Management
- Price: $119
- Strategy: Trade Assist
- Timeframe: All
- Pairs: All
It’s clear that the Forex SuperVisor is reasonably priced, but from what I’ve seen so far, I’m not sure you are really getting anything of true value. It’s not clear that this tool can make a positive impact on your trading accounts.
Trading Results
At this point in time, there are no trading results, and I doubt they will be adding trading results either. While Rita can claim that the Forex SuperVisor doesn’t need to show results, because it is a supplementary tool, but I don’t agree with this.
I believe that there should be trading results for the software.
Even though this is a tool built to help manual traders, that doesn’t mean that Rita and the Green Forex Group team can’t show us how this works with a manual trading strategy for couple of months. Considering that they’ve been selling the software for over 3 years, I don’t see why they haven’t been able to trade the system for a few months and upload the results to Myfxbook.
This is easy enough to do, and thus it should be done. Sadly, Rita Lasker constantly disappoints in the results area with all of her systems, including the latest Forex 2000 Pips, Forex Penta Scalper, and Forex Super Scalper.
Conclusion
While there may be some value here, it’s very difficult to knowc if the Forex SuperVisor software is truly a worthwhile investment opportunity. Rita Lasker has done a poor job at providing the community with a worthwhile information and detail. There is really no excuse in 2017 for any type of Forex trading system more tool to not be able to provide some sort of trading proof. All I want here at Forex robot nation, is proof that your software works before I buy it. It really doesn’t feel like it’s asking much.
Please let me know what you think about this review in the product by leaving your comments and questions below the article now.