Forex tools may help you in making technical analysis and in capital management, that can make the results of your trade much better. You can find all these tools on line and for free.
You can download expert advisers for the commercial platform you use. You can use these expert advisors to make your automatic Forex trading better or to make your own expert advisor for your commercial platform and for creating Forex strategy.
Yo also can download Forex indicators for your commercial platform. You can use these indicators for improving your trade strategy on the Forex market or for creating your own expert advisor for the commercial platform.
Calculator of pivot levels. Four on line calculators of pivot points will help you to develop pivot points for any period of time. Pivot points are used as the most important points in the market’s trend, the points where the trend can meet with the levels of support or resistance and to change its direction. The rules of generating pivot points are available along with the calculators. You do not need to download any programs, you just fill in a form and you get pivot points and the levels of support and resistance immediately.
Calculator of pip’s price will let you know how much one pip costs. You can use this calculator with currency pair that are “difficult” to work with. With the help of this calculator you will be able to find out the price in dollars of one pip for a lot of any size and and currency pair. You just fill in a form and you will get a pip’s price at the moment. And you do not need to download anything.
Calculator of the Phoebonatchi levels, it will help you to generate the basic values of the Phoebonatchi levels for any trend. These levels can be used as the most natural points of support and resistance for any currency pair. It is one of the best methods to organize a trader’s portfolio on the currency market.
Calculator of risks and profit, this calculator will let you to calculate the levels of risk and profit fast using different target and top levels when you open a position.
Forex strategies. Free trade strategies for the Forex market that suit to all traders. They include strategies based on technical indicators, on fundamental events and on clear movements of prices. All Forex strategies also include examples and detailed descriptions.
Forex hosting, this is a provided hosting space for your commercial platform and expert advisors. This is a good method to keep your trade strategy independent from your computer at home or at work.
These tools will definitely help you in your trade on the Forex market, but you shouldn’t rely only on the tools. Make analysis of the market and create trade strategies as with the help of the tools as by your own.
There are 2 ways you can earn on Forex.
OR you can hire experienced traders to manage the money on your trading account and they will trade for you. Find out more about forex investment.