This article is a review of the most notable of today's signal generators, Forex Killer ea (expert advisor).
A signal generator is a program which generates picks for the currency exchange, much like a stock picking program for the traditional stock exchange. Because all of the analytical work is done for you, all you've got to do is invest accordingly to make the kind of money that you want from this market based on the signals which you receive.
How Forex Killer ea works is it analyzes real time market data around the clock, looking for the makings of profitable trends. The forex market, like most trading markets, evolves in cyclical patterns which repeat themselves. Forex Killer ea makes use of algorithms which tap on past trend data to identify overlaps to further investigate. Eventually the program finds what it deems as being a profitable investment and notifies you so that you can trade accordingly.
Note that this is not an automated trading program. It won't do the work for you of investing. Instead as a signal generator it delivers the most precise depiction of how the market is set to behave so that you can trade ahead of the curve, early and with confidence. Keep in mind this does require you to be able to enact trades, so there is some rudimentary working forex knowledge necessary.
I've tested a number of signal generators, but none have delivered the near perfect winning rate on trades the way that Forex Killer ea has for me. I've been either investing in or following every single signal generated by Forex Killer ea since I got it several months ago and I estimate that roughly on average 85-90% of every trade which it generated went on to initially make money.
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If you don't have the experience to devote towards it, you should consider using a stock program to handle your analytical work for you.