ForexTrailer v30 Released

This is Warren here. Version 30 has released.

http://www.forextrailer.com/


Here is the changelog for the new version.:

1. 2 Bar Candle trailing stop is now customizable such that you can specify whether it is 2 bar , 3 bar , 4 bar , N period of bar trailing stop. This strategy will soon be renamed to N bar Candle Trailing Stop. You will be able to specify N bar in section F of the EA Input setting tab.

2.Now, equity Trailing stop will work on accounts derived in all 5 major currency (Usd, Eur, Gbp, Jpy, Chf). And some bugs were removed.

3. Channel trailing stop has a visual update and user will see the channel line clearly on the chart.

4. Introducing a new feature called Stop and Reverse(SNR) This is an entry method use by some of our clients
to get them into a reverse trade immediately just when their initial stop loss or trailing stop is hit.

5. Strategy testing is now enabled so that each trailing strategy can now be tested on the metatrader strategy tester panel. User can get a feel of how each trailing strategy will work by specifying the trailing settings and the testing period.

User manual and Treasure Trove guides were updated on 14th September 2010. Refer to them for more details.

This software has grown more powerful as we improve on it everyday. You will notice by now that each strategies in Forex Trailer software can be sold as a standalone software.

It's now packed with more than $4202 value that we initially promised. I hope you will see the value we are offering to you. Now the price looks like a steal compare to the value you will get. Get Forex Trailer today before the price go up!

http://www.forextrailer.com/


Have a spectacular week and be safe (just like how you manage trades with Forex Trailer).



Regards,


Warren Seah and ForexTrailer Team



http://www.forextrailer.com/

Let Price Determine When You Exit

100% Emotion Fr.ee Forex Trading

Your First Aid Kit in Forex Trading

Today,  I received a parcel from my friend. It was intended to be my birthday present this coming July 2010. As i unpacked, I found a first aid kit in the parcel.

I was astonished to find this item as my birthday present. haha. Included is a manual. As you know,  it is in chinese. Well, my friend in China decided to give me a birthday present this year. Look here, this is my first Chinese First Aid Kit birthday present!

The next question was when and how am i supposed to use a first aid kit in my life? How useful or important  is a first aid kit to me? I started to look for answers.

This was described in wikipedia

"A first aid kit is a collection of supplies and equipment for use in giving first aid. First aid kits may be made up of different contents depending on who has assembled the kit and for what purpose."

 

Purpose of first aid box is to provide first-hand protection to a person's life at the time where he sustained an injury. I began to relate similar events in risk management of forex trading to delivering first aid to an injured.

Forex Trader's First Aid Box

Just like an injured person will definitely find a first aid kit handy, a forex trader will also sustain emotional distress during or prior to making trades. Forex traders will also need their version of first aid kit delivered to them when they needed most.

The stages which they needed most:

1. Prior to making a trade
2. During equity drawdown
3. Having an opened trade with floating loss
4. Having an opened trade with floating profits

Providing a clear and simple exit strategies for forex traders prior to making a trade is a great start in trading the market. Statistics showed that traders will most often made losses trading without a plan. The reason may be deal to traders' emotion is very prone to market fluctuations and balancing between a clear mind and fear/greed is a very difficult process to manage.

Forex Trailer: Your Trading First Aid Kit

Forex Trailer Mt4 Software provides forex traders with 11 exit strategies and it works just like a first aid kit in our lives. It's purpose is to manage a trade such that the traders will collect the most profit in a time when he is right or limit and restrict the traders from losing much more than unexpected loss during the time he was wrong.

In forex trading, traders' equity is the trader's life. First aid kit delivers first hand paramedic attention to an injured at the time he needed most while forex trailer apply his knowledge and expertise in trade management protecting traders' equity accounts and maximising profits but not at the expense of higher risk.

Conclusion: First aid kit protect a person's life; Forex Trailer protects a trader's equity. That is Forex Trailer software protects a trader's life. Haha. It looks like a joke here but if you give a more serious thought to it, this may be very true.

Forex Trailer Team has designed a Trade Management Software that tells you EXACTLY when to get out of a trade...


Find out more on this forex Exit Strategy EA below,

http://www.forextrailer.com/

Be a Discipline Trader

Regards,

Warren Seah

ForexTrailer.com
Let Price Determine When You Exit
100% Emotion-Free Forex Trading 

Forex Trailer Introduction

Forex Trailer Software

Forex Trailer is a new forex trade management tool specially designed for forex trading. This tool is built for Metatrader trading platform by a team of professional programmers, system analyst and traders.

The software includes 11 trade management strategies so that the trader can choose from the 11 exit strategies and know exactly what to do from the start, how he should exit his trades even before he enter any position.

This is all about having a trading plan and executing it with the plan. Little or no emotion is a must for traders to have good trading performance in the long term. Forex Trailer software is simple and flexible for the average traders to use, and to use the way that traders want to be used is most important.

Forex Trailer Team has designed an Automated Trader Assistant that tells you EXACTLY when to get out of a trade...

One of the strategies included is Partial Close EA and you can find out other exit strategies below,

http://www.forextrailer.com/

Be a Discipline Trader

Regards,

Warren Seah

ForexTrailer.com
Let Price Determine When You Exit
100% Emotion-Free Forex Trading