Free download TrendCatch FX

TrendCatch FX

5.0
Computes current short term trend for EURUSD - GBPUSD - USDJPY - USDCHF - AUDUSD - USDCAD - GBPJPY
Free Download
User rating
5.8/10
12 votes
OS
Windows
Developer
Version
5.0
Language
English
Release date
8 March 2011

Editor's review

This is a software tool that alerts you about trend changes and confirms the trend change so that a Forex dealer can take advantage of the trend and trade profitably.

Review: TrendCatch checks the currency spot market and determines trend. Trend signals can be generated for seven FX Pairs; EUR/USD, GBP/USD, USD/JPY, USD/CHF, AUD/USD, USD/CAD GBP/JPY. The software does not predict a future price but determines when the prevailing trend changes. It’ll confirm if the trend change actually happened and the trader should think about changing his/her position. In fact, the developers warn about not to enter a trend before the trend from long to short or short to long has been confirmed. The price at which a trend change is likely to happen is shown in the graphical trend channel display. Price column display also gives out an alert. The associated sound alert can be turned off if you like.

There is no need to subscribe to data feeds the trend server analyzes S&P 500 E-Mini Index Futures Market, Index Trading S&P Futures or Forex (FX) Spot market to recognize the upcoming trends and pushes the data to the customer. Rather than trying to predict a price this tool tries to suggest a trading strategy as to when to go long or short. How successful you are going to be using the strategies is difficult to predict. Best way to adopt the software would be to actually try the tool for the 5 free trial days and decide for yourself. Overall this is an excellent package.

Publisher's description

TrendProphecy FX monitors the most active parts in the market by monitoring the International Currency market 24 Hours a day, with prices from a variety of sources in the Interbank market and based upon our proprietary research the Users have information about the current Trend and are able to follow the development live on the Price - Display and Graph.
The user must wait until TrendProphecy FX has confirmed the New TREND. When the trading signal is confirmed a sound alert is played and thecurrenc Cross (Pair) blinks for about a minute.
The TrendProphecy FX's trading method developed especially for the professional Currency or Arbitrage Day trader differs from other systems, in that it computes a confirmed entry signal, using our proprietary algorithms - and then eventually during the Trend a warning (Alert) is shown if/when the Trend becomes unstable, which is not the same as a change of the Trend.
During the Trend which has been called by TrendProphecy FX we constantly monitor if the Trend stays Stable or not, or if the Trend Changes. That's a huge difference from other systems claiming that they in advance can tell you the next move already when you enter a trade. Without being in possession of the magic crystal ball that is not possible. The fundamental rule for the trader is to take profit if possible while the Trend is Stable or at least when the Trend Unstable sign shows. It's up to the trader to decide an exit strategy as TrendProphecy FX is not an automated system giving you both an entry and an exit point during the same position, as that simply is not possible to calculate in advance, but have to be constantly monitored and computed in real time while the market prices fluctuate.
TrendProphecy FX is a system that requires investors to eliminate any preconceived biases or emotions and accept Trend Change Information that have shown, using TrendProphecy FX greater profit earning potential through identified trends.
TrendCatch FX
TrendCatch FX
Version 5.0
Free Download

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