Thread: FX Retracement Radar (iPhone)

Retracement Trading is the strategy which gives you the best Risk/Reward ratio while trading in the direction of the trend. The temporary pullback in price allows traders to enter into a trend trade at a better price, risking lesser money and yet stand to profit from the trend.

CodingTrader officially launch the 2nd iPhone application of the FX Radar series – FX Retracement Radar!

FX Retracement Radar helps you identify price retracements and alert you immediately when prices resume movement in their original trending direction.

Cutting Edge Trend Detection System – A retracement trade is only profitable when price continues trending. FX Retracement Radar makes use of a cutting edge trend detection system as the basis of the signals, alerting you only when price is expected to continue trending.

Momentum Analysis Feature –Signals are filtered by price momentum ensuring that trades are placed only in the direction of current price movement. Currency pairs in strong trending mode with gaining momentum are highlighted from normal retracement signals.

User-Friendly Interface – Utilizing an easy-to-read dashboard style interface, the application provides you with a one glance overview of the currency market and all retracement trading opportunities, cutting short your analysis process.



Download here.

Hmm... Very interesting. Has a good strategy behind it, im going to have to try this.

Originally Posted by SimplyFX

Hmm... Very interesting. Has a good strategy behind it, im going to have to try this.

Thanks for the support.

FX Retracement Rader for iPhone has just been updated. You can grab the latest copy at the Apple app store now.

Thanks, I will check this out!

Originally Posted by sharpie

Thanks, I will check this out!

You are most welcome.