DecisionBar Trading Software Announces the Release of New Forex and TradeStation Versions of the DecisionBar Software; DecisionBar Software is Also Compatible with the eSignal and MultiCharts Charting Platforms | Business Wire

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–April 27, 2006–DecisionBar Trading Software (http://www.decisionbar.com) today announced that the release of two new versions of its revolutionary DecisionBar Trading Software.

Whether one is trading the eMini, FOREX, Commodities, Futures, Stocks, Bonds, or virtually anything liquid, DecisionBar’s innovative software products predict market movement and issues buy and sell signals with amazing accuracy.

“DecisionBar Trading is not just a collection of indicators. It is a complete trading method that can turn even beginning traders into successful traders in a matter of hours,” said Les Schwartz, President of DecisionBar Trading Software. “DecisionBars are specific periods in time, which present natural trading opportunities. By `natural,’ we mean opportunities that are in sync with the rhythm of the market. A DecisionBar is a specific bar on a bar chart, or a specific candlestick on a candlestick chart. As such, the timing and direction of the potential trade are pre-determined. All that is left to you is to evaluate risk and determine if you wish to take the trade.”

“Our DecisionBar Trading indicators leave nothing to chance. Our strategy indicator points out, in real time, the optimal points to enter a trade, and the direction of the trade.”

“Once a potential trade is identified, our proprietary DecisionBar Risk Oscillators helps you define risk and decide whether or not to take the trade. Different versions of our Risk Oscillators are used for trading stocks, index futures (including eMinis), ETFs, Forex and commodity futures. One size does not fit all in trading, so each oscillator is completely customizable to fit the `personality’ of the instrument you are trading.”

The DecisionBar Software is now compatible with Version 8.x of the TradeStation Trading Platform. TradeStation combines the speed of direct-access order routing with the power to test and automate trading strategies. TradeStation has been selected as Best Direct Access Stock Brokerage, Best Direct Access Futures Brokerage, and Best Professional Platform by the readers of Stocks and Commodities Magazine (2005, 2006).

The DecisionBar Software is also included as an add-on to the ground-breaking MCFX Forex Charting Program. MCFX is designed specifically for Forex trading, and is fast and intuitive. MCFX includes FREE integrated real time streaming data on 24 of the most popular currency pairs. MCFX has the unique ability to chart different trading instruments in the same or different time frame, each with its own independent indicators, and all chronologically aligned in their own unique subcharts. This is an invaluable feature for confirming forex trades.

The DecisionBar Software also runs on the MultiCharts and eSignal charting platforms.

MultiCharts is a robust new charting program. It also has the unique ability to chart different trading instruments in the same or different time frame, each with its own independent indicators, and all chronologically aligned in their own unique subcharts. Multicharts reads many data feeds including eSignal, TradeStation, MetaStocks IQ Feed, Interactive Brokers, QCharts and others. Visit our website (http://www.decisionbar.com) for a complete list of supported datafeeds. MultiCharts is the flagship product of TS Support.

eSignal is the premier quote and charting platform for professional traders. It is intuitive and lightening fast. It includes its own data-feed, quotes, charts and basic technical studies and drawing tools. You can add other options like Level II Quotes, Real Time News, stock scanners and more for an additional charge. Readers of Stocks and Commodities Magazine have voted eSignal the best Real Time and Delayed Data Provider for the past 13 years (1993-2006).

All four platforms offer 30 day free trials of their software to DecisionBar traders. For more information, visit the DecisionBar website at http://www.decisionbar.com.

About DecisionBar Trading:

DecisionBar Software was created by Les Schwartz a full time trader and trading consultant since 1988. The DecisionBar software automates Mr. Schwartz’s proven trading strategies. DecisionBar software is located at 6555 NW 9th Ave., #403, Ft. Lauderdale, FL 33309. Phone 800-228-4256, FAX 954-771-2337, Website http://www.decisionbar.com

Trade Like a Pro With Real Time Forex Signals

Forex trading is, in quite literal terms, trading of various currencies at their current value. It is a decentralized platform, which runs on a global scale. To enable one to make better profits at Forex trading, real time Forex signals are used these days. These are generated electronically and transferred over channels such as SMS, email or even through specific applications on your mobile phone. These signals contain some must-know information that helps you to understand when to purchase or sell your Forex currency.

Real Time Forex Signals – the benefits

In Forex trading, it is essential to keep yourself financially safe against the risks associated with it. This is where Forex trading signals come in handy. These signals guide you on when to place stop loss and profit limit orders. Knowing when to place stop loss orders enables you to save some money on an already loss-making currency. You also benefit from the fact that you do not need to be glued to a seat and a computer to receive these signals and trade currency – you can do all of this on your smartphone, any time of the day. Your day job is not a limitation anymore.

Real time Forex signals enable you to quickly take decisions on selling/purchasing your currency. This is because they are short-lived, that is to say, they are highly accurate but only for a limited period. These signals are generated at 08:30, 12:30 and 16:30 every day. As soon as one receives these signals, it is prudent to take quick decisions and…



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Mechanical Forex Trading Systems – The Fatal Flaw All Forex Robots Have Which Causes Losses

You will see lots of Automated Forex trading systems online and they grandly call themselves Forex robots or Expert Advisors, they sell for a hundred dollars or so and offer you an income for life with no effort but they all have one fatal error which turns user accounts to dust – lets take a look at it.

The problem with the cheap Forex robots is they claim big gains but have never made any in real time and not one of them can produce an audited, track record over the long term to back up the claims they make.

They either just say they have made gains and paste up account statements, or produce meaningless simulations going backwards, knowing all the closing prices. Of course, when you know where every high or low was, it's not hard to make money but in live Forex trading you do not know this key information!

I have seen almost every Forex robot and when you look at them, the algorithm is normally crude, trades to short a time frame and because the system has been bent to fit the data going backwards, to make a profit, the area that suffers is money management; the result in real time trading for the user, is a quick wipe out of equity.

Its a nice fantasy, paying a hundred dollars or so and making money while you sleep, play golf etc but it's nothing more than a dream; the reality is you do not make money in a market where 95% of traders fail with no effort. You can win at Forex trading but you need to learn skills and the good news is anyone can learn to…



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EA Forex Robots – Can You Trust Them?

You are an avid investor, but are not able to make investments continuously and make substantial profit through Forex. You decide to use a robot to automate your currency trades. Can you trust a machine to handle your hard earned money?

Why automate trading?

Automated trading software, also referred to as 'Expert Advisors' or EA systems, are the most commonly used tools in currency trading. They are used mainly because it is difficult for humans to stay wake as long as Forex is operational and follow market trends continuously. By feeding the robot with technical parameters and market criteria, the process of trading can be automated successfully. One may wonder how the robot will be able to adapt to wild fluctuations in market conditions without incurring a loss. Through lots of research, EA systems capable of analyzing real-time data and making smart decisions through highly accurate predictions have been developed. These robots are the key to every investor's success.

Trusting your Forex robot:

There are also many tests that can be performed on each robot to see if it is up to the mark. Some organizations invite developers from all over the world to participate in Forex robot contests, in which the EA systems created by different people are made to work under real-time market conditions, involving transactions made using really money. The winning robots, ie, the robots that bring the most profit upon a common amount of money given to all of the…



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The Time Tested System: Trading Backtesting

The trading backtesting is the process of testing a trading strategy using historical data rather than testing it in real-time with real money. You have designed your system, now you need the confidence to follow through with all your trades. Through backtesting, you will come to know your system thoroughly and therefore will be able to build a baseline from which you can act.

There are three ways to backtest. First, there is mechanical back testing, using software; manual backtesting and paper trading, which is taking the system and trading in real-time without any money being in involved. With mechanical backtesting, you take your system, define it into a set of rules and load it into your software and allow the software to backtest it over a period of time. This method may be hard if you are not particularly computer literate in programming in a system for backtesting. Also, you can not program in all possible outside events. For instance, how could you possibly program in the events of September 11? It is not going to be possible to take into account all outside events.

Manual backtesting is a better option if you are finding the software difficult and is easier to implement. However, there is in manual backtesting room for human error and subjectivity, which you do not find with mechanical backtesting. Paper trading, where you trade in real time without using any money, has the advantages and disadvantages of manual backtesting.

The trading…



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The Importance of Getting Forex Trade Signals in the Foreign Exchange Market

If you utilize Forex trade signals, you can increase the chances of making huge profits in the volatile foreign currency market. It has been proven, time and again by experience that losses can be reduced to a mere 30% with the aid of top-of-the-line software providing alerts in a real time environment, as well as signals in Forex trading. As Forex online trading grows more popular, the demand for real time alerts and information increases.

Not all Forex speculators are seasoned investors. Many are newcomers who are finding a lucrative niche to explore in the fluctuating environment of the foreign exchange markets. Others are traders who have previously specialized in stocks and commodities, but have found Forex trading a more profitable activity.

With the mix of newbies, experts, and stock traders, one of the most important factors everyone agreements on is getting their hands on Forex trade signals in the real time. These signals can help you protect your money from the upswings and downswings that occur in the world's largest currency market.

You'll need to examine each signal before looking one you can actually use in trading. A lot of automated trading software can supply you with a variety of signals, but your stock knowledge of the foreign exchange market should come into play and help you decide whether these signals are prime indicators of a profitable entry to or exit from a trade.

You can also get a monthly subscription from a Forex broker or…



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Forex Trading Robots – Avoiding Scams and Losing Software With 1 Simple Tip

The Tip enclosed will help you avoid forex trading robot scams and the vast majority of losing systems. It's very simple and if you use this tip you will save a lot of money – here it is …

Check If the Track Record Is Real!

This may sound obvious after all you want to know the system has been tested and traded in real time and made money. While making money in the past is no guarantee of future results it at least shows the logic of the system is soundly based.

The problem with most forex robots is that they have never been traded by the vendor. Sure you get a track record but the catch is. Its only simulated knowing what happened in the past. Here is the disclaimer you will normally see:

"CFTC RULE 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. achieve profit or losses similar to those shown ".

So if you see a robot with the above on it pass it by or ask for a real time track record or proof the vendor has traded it supported by account statements.

The Power of Marketing

You will not get an answer normally as these systems are simply designed by marketing companies. Make up a track record, add some clever copy and sell it. The forex trader…



Source by Monica Hendrix

Forex Expert Advisors – The Simple Reason Why You Will Lose Money and Do So Quickly

The Forex Expert Advisor is a great name and they are experts at one thing and that's losing money. The reason users never make money with them is simple and enclosed.

The claims the sellers make are normally the same you have a software package you just plug and let it work for you and make you a regular income as, have a beer or watch the football. They claim gains which would make Warren Buffet or George Soros green with envy and yet, you get access to better gains for a mere two hundred dollars or less – does not really sound right does it?

Of course in reality, these systems are promoted on hype and have no real track records, just back tests knowing the closing prices or figures from the vendor. If you want to try and find a real time verified track record, you will have a long search and fruitless search!

How can you claim to be a expert at Forex trading, if you have never made any money in real time trading?

Its ridiculous and anyone who thinks that by paying two hundred dollars or less, they are gong to get rich is not thinking logically. These systems are so cheap, because they simply do not work and common sense should tell anyone this new traders, get taken in by the hyped copy and greed, buy them and lose.

The aggressive names these systems have all point to how they take on the market and take profits from it but the market soon teachers the user of the software respect, by destroying trading equity quickly.

If you want to make money at…



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FXCM Trading Station Mobile for iPad® and Android™ Tablets | Business Wire

NEW YORK–(BUSINESS WIRE)–FXCM Inc., (NYSE: FXCM)announced

today that is has fully launched its flagship retail forex platform,

Trading Station, for iPad

and Android tablets.

“Ultimately, FXCM is looking to redefine the way clients trade on their

tablets and mobile devices,” said Sameer Bhopale, chief marketing

officer of FXCM. “We’ve recently had a high demand from customers for

the ability to trade and monitor their accounts from their iPad and

Android tablets, and we put the necessary resources into the launch of

our product to make sure it was what clients had been asking for.”

The FXCM application for tablets incorporates the major functions of the

FXCM desktop and web Trading Station platform functionalities.

The free app includes features such as:

  • Live executable exchange rates for over 56 currency pairs

  • Over 45 chart indicators

  • Interactive live charts with pinch and zoom functionality

  • Multiple charting time frames for EASY analysis

  • Monitor your FXCM account balance, equity, and margin

  • Place and manage trades with simple and complex, basic and advanced

    orders

  • Daily FX articles and real-time news feeds

The free app is easy to use and allows traders to trade forex through

yet another emerging medium. Traders with FXCM have the choice to trade

from their desktop, mobile phone, and now their tablet! We invite you to

try out the free app by downloading it here:

Download

the app for iPad

Download

the app for Android

What sets the FXCM app apart?

  • Ability to save favorite indicator settings for fast retrieval

  • Custom FX keyboard

  • Refresh rate interval

  • Ability to see streaming account information in all trading windows

  • Change time zone

  • Language selection—in four languages

For more information, or if you have any questions, visit our website http://www.fxcm.com/trading-station-mobile-for-tablets.jsp

or contact one of our specialists, who are available 24 hours a day, by live

chat, by calling 1-888-503-6739,

or by e-mail at info@fxcm.com.

*iPad is a trademark of Apple Inc., registered in the U.S. and other

countries.

**Android is a trademark of Google Inc.

Trading foreign exchange on margin carries a high level of risk, and may

not be suitable for all. Read

full disclaimer

About FXCM Inc.

FXCM

Inc. (NYSE: FXCM) is a global online provider of foreign exchange,

or FX, trading and related services to retail and institutional

customers world-wide.

At the heart of FXCM’s client offering is No Dealing Desk FX trading.

Clients benefit from FXCM’s large network of forex liquidity providers

enabling FXCM to offer competitive spreads on major currency pairs.

Clients have the advantage of mobile trading, one-click order execution

and trading from real-time charts. FXCM’s U.K. subsidiary, Forex Capital

Markets Limited, offers Contract for Difference (“CFD”) products with no

re-quote trading and allows clients to trade oil, gold, silver and stock

indices along with FX on one platform. In addition, FXCM offers

educational courses on FX trading and provides free news and market

research through DailyFX.com.

Automated Forex Robot – Finding the Best Forex Robot For Consistent Profits

If you want to buy an automated forex robot you have a lot of choice but the fact is most junk with made up simulated paper track records. There are a few good ones out there and this article will help you find the best forex robots.

Here are some tips to help you find a forex robot that works

DO NOT Buy Simulations!

Most forex automated robots are rubbish and claim to be able to make big money but you look at the risk warning on the track record and see the words in "hindsight" and "simulated" Of course, this is easy and anyone can make up a track record knowing all the facts.

You have to think to yourself if the robot works, why has not the vendor traded it?

By discounting all the forex robots which do not have long term results in real time, you are getting rid of well over 90% of them.

Get REAL TIME Results

Now lets look at what you need to look for to find a good one.

You will not be surprised that the first thing to look for is a real track record over several years that has been independently evaluated. Of course past results never indicate future profits – but it gives you confidence in the system and at least the logic is soundly based.

Understand The System!

If you want to follow a system (even if it's made money in the past) you need to how it generates its trading signals, so you can have confidence in it. If you do not have confidence, you will never be able to execute the signals as their generated and if you do not do this, you do…



Source by Kelly Price