SEAMLESSLY CONNECTING YOUR TRADING ACTIVITIES
Although offline trading activities like money management and trade sizing play a huge role in profitable forex trading, most tools available online are only focusing on the on-chart activities. We wanted to fill that gap with a toolkit that will take care of all forex trading activities and help the user to trade consistently without falling in emotional traps that comes as a result of focusing only on the charts.
The Forex Money Management tools in the toolkit covers creating, managing, and visualizing forex trading cycles. The toolkit is designed to make money management in control of everything, the way it should be.
The Forex Trading Management tools covers managing and calculating trades. In addition to the traditional trade calculator that can process a full trade setup, it was possible to introduce new calculators that will work for specific situations due to the fact that all the calculating tools operate under the umbrella of money management.
The Harmonic tools covers validating and studying Harmonic patterns. In addition to the proactive validation for the most common Harmonic patterns, the toolkit introduces two special tools designed to study any 5-point price path and validate any custom patterns with respect to your own conditions.
25 FOREX TOOLS AT YOUR FINGERTIPS
4 FOREX MONEY MANAGEMENT TOOLS
The majority of forex traders knows the importance of money management, yet they can be distracted away from doing it right due to the complexity and frequency of calculations needed and they end up focusing "only" on trading setups directly on the chart, pushing money management to the second place behind trading management which destroys the essense of consistency.
Our money management tools will give you no execuse to do so, they will use your own rules to do all the complex calculations needed at the beginning of any forex trading cycle and after each trade, while updating your standing accordingly. This automation frees more time to focus on finding good trading setups and entering them with respect to current money management standing, thus maintaining consistency at every trade entered.
8 FOREX TRADING MANAGEMENT TOOLS
Tools for calculating forex trades are all over the internet and most of them are free, but forex traders don't actually use them due to the fact that they calculate apart from money management.
What makes our trading tools stand out from the crowd is the fact that they operate strictly under the umbrella of money management, resulting in precisely calculated trades that are well planned before entering the market. That's the way forex trading should be, a money management follower, not the other way around !
The trading tools family contains 1 tool for managing active trades and 7 trading calculators, seamlessly connected to both money management & harmonic patterns tools families to ensure that consistency is in mind at all times.
10 HARMONIC PATTERNS TOOLS
This family of tools is dedicated to studing and validating harmonic patterns using a totally different approach to the matter. We understand that most forex traders want a "ready to trade" harmonic pattern directly on the chart, but one of our core values is to never provide a trading setup on your behalf.
We approached harmonic patterns in a totally different way and took the validation process off the chart for two main reasons. First reason is that you will be in charge, searching and validating patterns that "you" spot rather than following patterns spotted by computer calculations that will never match a human mind, the second reason is precision and simultaneous validation, all the 10 tools validate a given path at the same time, with precise validation conditions operating with respect to an acceptable deviation that you define.
3 FOREX HISTORY KEEPING TOOLS
The last family of tools is dedicated to history keeping of all forex trading activities, using 3 different tools responsible for keeping history of trading cycles, trades, and harmonic patterns.
Data saved in history is always detailed and meaningful, making it easy to come back to the tools and find any data you are searching for. In addition to that, the history tools can be used to study saved data in a way that can enhance trading performance. For example, history of harmonic patterns can be sorted to find the best performing pattern type, and even go deeper to find the best performing patterns of that specific type. Sorting can take place using 3 levels in all of the history tools.
TAILORED AROUND YOU
6 BROKER PRESETS
Configure up to 6 different brokerage accounts with different balance, leverage, and margin closeout for each. Switching between the different accounts inside the trading tools is as easy as clicking the brokerage account to be used for a trade, instantly knowing the effect of that trade on the selected account before entering the market, thus be ready for any unexpected events resulting in extreme volatility.
6 CURRENCY PRESETS
Configure up to 6 different currency structures to allow accurate calculations on the fly. A single preset can be used for any any number of currency pairs as long as they share the same structure, for example, a preset for EUR/USD can be used for NZD/USD, GBP/USD, USD/CAD, EUR/GBP...etc
This allows accurate calculations for the real pip value according to the position size used for the trade.
VERSATILE HARMONIC CONDITIONS
The harmonic tools uses the most common validation conditions for each single one of the harmonic patterns, but we are not limiting the user's options by any means. Each harmonic tool have its own settings to control validation method as well as stop loss & targets.
CUSTOM CURRENCY LIST
The toolkit uses a list of 30 custom currencies, which can be changed and arranged freely according to the user's most traded currencies or instruments.
SPECIAL TOOLS, A GAME CHANGER
Helps the user to create a money management plan for the next forex trading cycle with ease by following 5 simple steps, putting the trading edge in the core of calculations to produce a reliable and achievable plan.
Automates money management calculations throughout a forex trading cycle's life span, while providing 4 different perspectives to the active cycle. The tool operates using only a single entry per checkpoint.
Helps the user to divide a single trade setup into up to five positions. When used correctly with respect to previous trading performance, it can have a huge impact on increasing profit or decreasing losses.
The only stand-alone tool in the kit and the only tool that calculates trades already triggered. It is a life saver in the case of overtrading a specific trading setup by adding blindly to the original position, it can combine up to 8 positions into a single imaginary position, allowing the user to restore focus and take a more logical decision.
Discover harmony in any 5-point price path with respect to 111 Fibonacci levels representing 14 Fibonacci relations, and save the finding in common harmonic pattern's format including the PRZ relations.
Create a custom set of validation conditions for any 5-point price path, whether to validate a fine-tuned version of an existing pattern or to validate a whole new custom pattern, this tool will adapt to the defined set of conditions. It contains the full functionality of all the other harmonic tools, including PRZ, stop loss, and targets.
INTERESTED IN KNOWING MORE ?
We recommend that you start with visiting the overview pages created for each of the main 4 tools' families contained in the kit by to have a better understanding of their purpose and how they operate & integrate within the toolkit. If you want to go more into the details for any of the tools, kindly visit the in-depth page for that tool to see the actual usage of that tool within a trading cycle used to demonstrate the toolkit.