Forex Tracer – Product Review
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Forex Tracer – Product Review
Forex Tracer is a new expert advisor system similar to Forex Autopilot. Like its competitor, it analyzes and sets up trades on its own. The creator claims impressive profitability numbers – a winning ratio of 94% and a modeling quality of 90% based on in-house testing stats from mid-2006 to May of 2008. They make a few more impressive claims and present credible-looking reports but how trustworthy is it? |
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The System
Forex Tracer runs exclusively on the MetaTrader4 platform, giving it the same limitations and advantages as Forex Autopilot. It was developed by an experienced group of traders, each boasting a background in the forex industry of over 20 years. The interface is user-friendly and the software itself isn’t very complicated to operate.
How True Are The Claims?
Forex Tracer makes some big claims. Everything from the aforementioned percentages to posting an average 19 winning trades in a row may turn you off somewhat – probably because those numbers don’t sound feasible in a dynamic market such as the forex.
However, the software does carry a 60-day money-back guarantee and, at its low price, deserves a trial run at the least. Initial tests from various traders indicate positive returns similar to numbers registered by Forex Autopilot so there’s at least something good going on behind all the publicity.
Buy Forex Tracer
You can purchase Forex Tracer for the low price of $97. It is a little more expensive than Forex Autopilot which seems to post similar results. Perhaps, its performance on certain market trends should justify that at some point.
They offer a two-month money-back guarantee and email support. Make sure to use it on a demo account first to get a good handle of how the software performs its actions. Forex Tracer is intended to be left to work on its own so you want to be sure you get a fine grasp of how it works before setting it loose on a real account.
