Futurefx ea

Futurefx ea

Sale page: http://wordpressmu-6488-83229-230746.cloudwaysapps.com/futurofx/

Archive page: http://archive.is/UwnMN

Being able to reliably answer that simple question can make every trader a rich trader.

Usually it is a matter of 50/50. We are trying to give you an edge.

FuturoFX is the most advanced algorithm we wrote so far and what is does is giving you THAT edge. It scans the past history looking for strong correlations with the most recent price action. If it does find something interesting then it shows you what you can expect “in the future” given the current price behavior.

And we made it so that you can use that edge in many different ways:

• scalping
• end-of-day trading
• binary option

SCALPING

We showed you how we made nearly 100 pips ($1000 trading one lot) in just a few hours trading EURUSD with FuturoFX.

This is the result of 3 hours of trading with FuturoFX Indicator on a EURUSD M1 chart:

72 pips of net profit and a 6.41 profit factor in 3 hours of trading!

Entering and exiting profitable trades seemed effortless like stealing candies from children 😀

The future price movement displayed on chart by FuturoFX was essential in achieving this result.

I spent another 2 hours with FuturoFX running on a couple of EURUSD charts and as always the scalping was easy and profitable: 6 trades for a total of +28 pips (280 USD trading 1 lot; you can click on the image below to see the statement).

Here is the basic trading logic for using FuturoFX as a manual scalping tool:

• keep FuturoFX opened on two timeframes (e.g. M5 and M30)
• make sure the “average projection” and “best projection” on both timeframes are in agreement
• if current price is still “low” compared to a bullish projection, then you can consider entering a Long trade
• if current price is still “high” compared to a bearish projection, then you can consider entering a Short trade
• place the take profit taking into account the projection and relevant support/resistance areas you can spot in the last few bars
• if FuturoFX drastically changes its outlook, you should modify the take profit or close the trade

END OF DAY

We also checked how FuturoFX performs in end-of-day trading. It only takes 5 minutes a day of your time. We found out that we can bank an average of 300 pips/month on EURUSD only trading 5 minutes a day.

We backtested the strategy for 12 months and the overall +3407 pips in a year is a great result, considering that each trade has fixed SL and TP levels and is left completely unattended for 24 hours.

Here’s the statement of the test:

The strategy requires looking at FuturoFX H1 and H4 charts around 00 GMT each day. Executing this manual strategy should take only 5 minutes of your time, 5 days a week.

We noticed a good number of winning trades at the opening of markets on Sunday, exploiting gaps.

Here is an example on the 11th of June 2012:

As you can see both charts suggest a rapid decline of prices, that’s why we entered a market order aiming at the typical closure of the gap.

Other times it makes more sense to let the price run in the direction of the gap for a bit before betting on a reversal closing of the gap: in this case this end-of-day strategy would require to enter a limit order instead of a market order.

BINARY OPTIONS

We are not experts in binary options. We know that they are the latest “cool thing” in trading. Those of you that know us better are well aware that we are not the kind of guys who blindly follow the fashion in Forex (most of the time it is just marketing hype), however we must admit binary options may actually be a really good way to put FuturoFX to work.

For those of you who still don’t know how they work, well there are many different kinds of binary options but basically the simplest ones are those where you are asked if you think that the price of a currency pair (EURUSD for example) within the next hour will be higher or lower than the current price.

This is actually the typical question that FuturoFX is made to answer to. If it spots a good correlation between the present price behavior and the past, it can help you predict quite efficiently how the price is most likely to behave. The price “projection” in the future is based on how price behaved many times in the past. It’s not surefire (any trader who lives in the real world knows that no system will ever be a perfect crystal ball) but it’s definitely and edge. And having an edge in trading is everything. It makes the difference between being a loser or a winner.

It took us a few months before deciding that FuturoFX was ready for becoming public, as we worked on refining the original code and making sure that we could be able to write all the sentences above.

Now enjoy the five pictures below that illustrate quite well how FuturoFX was able to predict a sharp decline of EURUSD during last August:

FLEXIBILITY

We’ve been talking mainly about Forex but every single instrument you broker makes available on your MT4 platform can be analyzed and forecasted with FuturoFX.

Think about… with enough historical data, FuturoFX you will be able to forecast stock indexes, stocks, gold, silver, oil and many more.

Everything your MT4 broker offers you as a trading instrument.

FuturoFX is a very flexible correlation engine.

The user can tweak a good number of settings in order to adapt this engine to each specific financial instrument and timeframe. As an example the user can:

• select the number of bars that are subject to correlation
• select how far to look into the history searching for good correlations
• select a correlations threshold in order to filter out all correlation matches that are deemed not good enough
• select which data should be correlated (as an example only High and Low of each bar, or any other combination of relevant data)
• select also negative correlations
• select the graphical output of the indicator itself

WHAT YOU GET

• FuturoFX MT4 Indicator
• A detailed and always-updated online manual
• Free updates
• Email support