Welcome to Forex Range Trader Review page!
Forex Range trader was created by Peter Parsons and is useful for trading EUR/USD in smaller lots, with a high percentage of winning trades. There have been sporadic comments in forex forums that Range Trader is sort of incomplete because of its inconsistency. Range Trader is an Expert Advisor (EA) script for Meta Trader with documentation. But several traders feel that the results of using the software are scattered.
A subsequent version of the product was released called Range Trader -Phase Two. You could use this system if you don’t wish to take too many risks. Range Trader-Phase Two gives you low profits coupled with low risks. Range Trader Phase II in a Black Box expert advisor script for (EA) for Meta Trader 4. The software automates an average of 24 traders per day.
A newer version of Range Trader called the Roboteer Expert Advisor for MT4 platform is under beta testing. This software supposedly uses a trading array where multiple systems are joined so that they trade concurrently.
With Range Trader -Phase Two you could profit from the forex market just by complying with the following steps:
Here are some of the features of Range Trader -Phase Two:
Here are some of the main features of the Roboteer system under beta testing:
Because of its simple design and set up, Range Trader is suitable for traders with zero trading experience and also for the experienced trader. The best thing that really stands out with this software is its ease of use. All you need to do is connect it to your forex account and the software will handle the rest of the work for you.
This software comes with a manual that will help you set it up and running in no time. It costs just $97 and comes along with a risk-free return policy. On the whole, this is an interesting piece of software for the novice and expert trader alike.