|
Trading System Features |
| Name of trading system: Red Eye from www.forexgo.com
|
| Price of product: $49.95
|
Brief description of trading system:
Red Eye is a proprietary forex trading system that utilizes self-adaptive trading pattern recognition to provide real-time buy and sell signals on the most popular currency pairs in multiple time frames. Formulated with advanced mathematical functions and trading logic, Red Eye can be utilized by short-term traders looking to capture intraday price movements and longer-term position traders who focus on daily chart periods.
|
| This trading system is: Proprietary
|
This system includes the following features:
| Scanning
|
Alerts
|
Trading signals
|
|
| Back testing allowed: Yes
|
Built-in indicators are available:
|
| A user can adjust the parameters for the indicators listed above: Yes
|
| Can user write custom system/indicator/function without using the pre-packaged systems/indicators/functions?: No
|
| The trading system is: Software that works within another application
|
| Additional application required (if needed, eg. Excel, TradeStation, MetaStock): Streamster by Novativa (supplied by ForexGo!)
|
|
|
|
Support
|
Types of customer support offered:
| 24 hour customer service
|
Online help
|
Tutorials and examples
|
|
| Consultants are available with experience programming this system: Yes
|
|
|
|
Data and Markets Followed
|
Types of data feeds this trading system accepts:
|
This system is limited to these markets:
|
Reporting capabilities:
| Draw down
|
Profit/loss
|
Return percentage
|
Number of trades
| |
| Consecutive winning/losing trades
|
Uses TradeStation report outputs
|
Trade by trade listing
|
Graphic display of trades
| |
|
|
|
|
Optimization
|
| Able to optimize the systems used or created: Yes
|
|
|
|
Special Features
|
Best features of this trading system package:
ForexGo! publishes back-tested performance reports dating to the 1980s and 1990s for all currency pairs.
|
This product is ahead of competing products for these reasons:
ForexGo!'s trading systems are published on a customizable Windows application and also offer real-time technical analysis, real-time forex news, and real-time forex chat.
|
These upgrades are planned for this software package:
Users are prompted to download periodic software updates with features and enhancements.
|
| Studies have been done on the performance of this trading system in the newsletter Futures Truth: No
|
|
|
|
Validation
|
| Money back guarantee on this system: No
|
Performance tracking methods offered:
ForexGo! publishes fully back-tested performance reports for each currency pair on its website including financial calculations, trade analysis, and performance graphs.
|
| Money management strategies and procedures included with your system: Yes
|
|
|
|
Additional Information
|
The following are included in this system:
| Real-time data analysis
|
Completely mechanical rules and methodologies
|
Artificial Intelligence
|
Multiple issue monitoring
| |
|
