◌ Product: Forex X Code

◌ Type: Trend Detector / Trade Signals Generator

◌ Forex Signals: Manual Forex Signals

◌ Interface: MetaTrader-4

◌ Price: $80 (one-time)

 

Introduction -What is Forex X Code?

Forex X Code is an indicator, which plugs into MetaTrader4 and performs trend analysis and live signals generation. The indicator, based entirely on Forex price action, aims to trade any market condition (trending or ranging markets). Here is a short analysis of how the system visualizes the phases of the market.

Forex X Code Colored Lines Explanation

□ The blue line suggests an upcoming uptrend (buying signal)

□ The red line suggests an upcoming downtrend (selling signal)

□ The horizontal line suggests a ranging market

 

Forex X Code Key Features

Here are the key features of the Forex X Code:

The indicator can be used for any timeframe between M5 and D1. The aim of Forex X Code is spotting and trading strong trends (more than 100 pips). This means the indicator can be effective on longer timeframes (M30, H1, H4, and D1).

(1) The indicator visualizes the Forex price action and identifies oversold and overbought markets

(2) Trades any market conditions (ranging markets included)

(3) The false signals identification mechanism

(4) Trades any Forex pair (major, minor, cross)

(5) Can be used in any timeframe, but it is more effective on timeframes longer than 30-minutes (M30)

(6) Alerts include pop-up, chart, and SMS alerts

 

 

Manuals and Customer Support

Forex X Code includes a tutorial that explains the phases and the directions of the Forex market

-Forex charting illustrations

-There is also a video tutorial 

-24/7 customer support via email

 

Positives of Forex X Code Review

(√) Very easy to setup and to use system, even by starters

(√) Trades any market conditions (even sideways markets)

(√) The Forex X code can fully visualize the Forex market action and incorporates an algorithm for identifying false signals

(√) Real-time alerts about upcoming trades (SMS, pop-up)

(√) Can be used for trading any currency pair

(√) You can start trading with as low as $50 in your account

 

Negatives of Forex X Code Review

The negatives include:

(x) Plugs only into MetaTrader-4

(x) No automated trading

 

 

Forex X Code Membership Cost

Forex X Code costs $80

→ One-off payment (lifetime use)

→ Payment methods include Paypal and Credit/Debit Cards

Forex X Code Review Conclusions

The Forex X Code is a very easy-to-use Forex signaling machine suitable for the average Forex Trader, even for a beginner. The algorithm of this MT4 indicator analyzes the market 24/5 and generates visualized trading signals. There are three lines (red, blue, and horizontal) that can tell at a glance if the market is moving up, down, or it is ranging. The signals are delivered on charts, on a desktop, and via SMS. In overall, the Forex X Code is a good product for Forex beginners and up to semi-advanced traders.

 

 

■ Forex X Code Review

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