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AVERAGE RATING

forex trading software
WEBSITE
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Haven't actually bought it, but...
Reviewed by LWMcQ on 10-12-2007 (Illinois)
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| I haven't actually bought this software, but one thing that put me off of it is the data has to be manually entered each time for each forex pair you want to evaluate. Needs to have a way to pick up that info from a data feed. I sent an email to the vendor and sounds like they might have that capability in a future edition. |
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53% of users found this review helpful.
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Not Impressed
Reviewed by noranross on 10-12-2007 (Australia)
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| I bought this package and am not impressed. The manual input of data is not useful. The results are not very good . but i will look at it a bit longer |
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51% of users found this review helpful.
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Forex Killer
Reviewed by chincherychee on 10-12-2007 (world citicen)
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Still testing. unfortunately not well explained and the response for answers to questions are very poor and not explicid, take long to respond.
The theory, if it works sounds very good.
Downloading of data should be automated, manually it is very cumbersome |
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52% of users found this review helpful.
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Forex Killer
Reviewed by hawaiiantrader on 12-12-2007 (Hawaii, USA)
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I have purchased the product (I purchase many of these types of products). 3 problems as I see it.
1. Manual input is ridiculous - not just time consuming but offensive psychologically - we are in the 21st century after all.
2. I don't like the black box - although if it were sophisticated it might be acceptable ... this leads to my 3rd point:
3. I've played around with the data inputs, and it seems as long as the latest input is just 1 pip lower than the last input - no matter how strong the trend - you get a sell signal - which doesn't make sense. The opposite is true for buy signals; no matter how lousy you make the chart look - if the last input has a higher pip value (even 1 pip) than the one preceding, you get a buy signal.
Unfortunately - i think any who bought this have been hoodwinked - if I'm wrong - please correct me. |
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51% of users found this review helpful.
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Agree with Others
Reviewed by Longshot on 13-12-2007 (US)
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Manual input is just silly, and makes backtesting a very painful task. Some have claimed to have good results with this software recently...I'm guessing it's because the markets have had some nice moves/trends...or just plain luck.
The software only uses 10 closing prices...how complicated can its algrorithm be?? Is it just an MA? Basic oscillator? The only good thing is that you can get a refund easily... |
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50% of users found this review helpful.
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useless
Reviewed by truthy on 18-2-2008 (north america)
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| i bought this system, but found it to be mere wastage of time and money |
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50% of users found this review helpful.
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Forex Killer: Junk, Rubbish, Worthless, Trash!!!!
Reviewed by Dan on 19-2-2008 (USA)
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I have spent many hours trying to get enough winning trades to make this thing profitable. It is not profitable yet and I have come to the conclusion that it will not be. As you save and load the chart prices into Killer it is very time consuming. Also it will not let you see the long term range (last ten highs and lows) in those phony little boxes they have there. So you do not know if it has really taken into consideration the last ten highs and lows like it should. I do not think it does. This thing is a big hype and that is all. They use the very best marketing methods to steal your money! Do not take the bait. Keep your money In your pocket. After you buy the Forex Killer, their other marketing agency will call you from Salt Lake City to try and sell you even more junk. They even tell you The Killer is just the beginning. You need their other trash to really make money and become rich. This thing is a killer all right.
Two simple moving averages on your chart, with a good oscillator at the bottom of your chart and using some trend lines properly, will outperform The Killer a thousand times over!!! |
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51% of users found this review helpful.
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Absolute Rubbish
Reviewed by Inlike on 20-2-2008 (Australia)
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I purchased this program and could not get off the ground as I did not have the activation code. After several email request to their "Support" the activation code was sent by email. Still problems trying to get past STEP 1 and their Manual/File operations. Two weeks later still struggling with Step 1. decided to request a Refund. Problems, Problems with their Support as you will get an answering machine telling you to leave a message but they never called back. Emailed the author and advised him that I was about to take my story to a Television Network. A Refund of my payment was received.
Don't consider this program www.Forex-Killer.com unless you want to give your money away, why not give it to a charity instead. The program is a LEMON. |
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49% of users found this review helpful.
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Learn to use the tool
Reviewed by shailey on 28-3-2008 (Louisiana)
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Make sure the weekly and daily combined (long term and short term percents) all add up to be >= 240 percentage points, if they do then run the hourly. The hourly combined (short and long-term) must be > 120. This puts the odds greatly in your favor that you will be going in the right direction. I do not use any of the targets calculated by FK. I look at charts to put stop above below last support/resistance.
I do this every evening and place the trades. I put no profit target. I check the trades the next morning, if trade is in profit I add a trailing stop, usually of just 15 points because I don't want to give back any money. I've been doing this for three months (Jan-Mar 08) and have been hitting 70% accurate. News days are the only things that have caused big losses but I should not have been trading then.
Usually trades are in profit the next morning when I check the charts. FK is a tool. If someone gave me a hammer I would bang my thumb, someone else could build a house. I don't know how FK works, I just know it gets you in at good spots, the getting out is still a work in progress for me. Try the above method and let me know if you need help. shailey1s@yahoo.com I am not affiliated with FK in any form or fashion. |
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51% of users found this review helpful.
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Totally inaccurate
Reviewed by Sansay on 3-6-2008 (California, USA)
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| I have used this software for about 2 weeks and lost $770.00. I have tried applying some advice I got of only trading when both short and long term indicators reach at least 70%, but most of the time the currency pair went the other way. Which makes me think, maybe I should buy when it tells me to sell and vice-versa! Hahahha!!! What a joke. Now I requested a refund with a copy of the Excel spreadsheet of the trading I did. They said they would get back to me in a day, and of course the day has gone by without anybody replying. Sigh... |
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49% of users found this review helpful.
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Too Bad
Reviewed by fxPro on 28-6-2008 (malaysia)
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| Its not professional... |
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50% of users found this review helpful.
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Waste of time!
Reviewed by Bobbit on 11-7-2008 (UK)
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| Rubbish chuck it in your trash bin and delete it, if you brought this and trade with it, you will loose your money, simple as... |
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51% of users found this review helpful.
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FX Killer is trash
Reviewed by Saim on 10-8-2008 (Australia)
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| You will find lots of positive reviews for the FX Killer but that's only part of the scam. Mr AK gives a 75% commission to the reviewer when you buy the product from the link on the review's page. The signals are hopless & you always get stopped out. The biggest secret is that there is no secret method that works. |
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50% of users found this review helpful.
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test
Reviewed by test on 26-5-2009 (test)
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| test |
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51% of users found this review helpful.
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