To find out if you have a trade, you simply just input the last 10 closing prices of whichever time frame you are trading in. Click on Calculate to get a trading signal, and the algorithm will give you one of the three following signals:

1. Buy

2. Sell

3. No Trade

When you get the signal, you simply open a trade in the direction that Forex Killer tells you, place your stop loss and your profit target. All you have to do next is to trail your stops and wait till you hit your profit target or get stopped out

My Experience With Forex Killer

Few weeks ago I found the site of Forex-Killer.com telling me that experienced forex trader Andreas Kirchberger developed “super profitable system generating forex signals for you”. I decided to give it a shot. After purchase I got the downloading link and received the Zip archive containing program with several instructions ebooks. First impression was rather bad – the program looked too simple and the bonus “Forex Learning book” was not detailed enough for me because i am a rocky trader so I was very sceptical about it.

Anyway I decided to give it a try on my InterbankFx demo account the same day. First trade was loosing – 30 pips, got the stop loss. But I did not give up and continued my test. I was really suprised next day after checking my trades – signals are really working for me! 3 of my trades for EuroUsd and USD/JPY were in profit with total more than 280 pips! I think using proper money management your can get good results with forex-killer signals.

Downsides of ForexKiller

Forex Killer does not perform well using lower timeframe. (lower than 1 hour) The winning rate is roughly 50% +-. This is because only the last 10 prices were analysed.

I would advise you to use timeframes more than 1 hour if you are using the signals alone. Intra-day signals are too volatile to trade accurately without human interpretation.

However, if you complement it with your own trading strategy, it will increase your trading profits. What you do is to use Forex Killer to confirm the current trend with your signals.

If your trading strategy advises you to long and so does Forex Killer, your signals will have a higher probability.

What Are The Benefits Of Joining The Forex Killer?

Trade all major currencies using the software

Forex Killer can generate signals for any currencies you like. You can trade on any timeframe as well.

Prevent big losses with recommended stoploss

No big losses like most signal software. The software will generate both a stoploss and profit target for you.

Free updates for life

You get free updates for life. I have already received 4 updates for the past 8 months. Andreas Kirchberger has been updating this software regularly as needed.

A good trending indicator to increase one’s own trading results and performance

Using Forex Killer as a trending and confirmation is my greatest benefit. It might be different for you as you might want to use it as a standalone signal generator.

However, the winning rate will be quite low unless you absolutely stick to trading signals with 75% probability. You will end with very few trades though.

So I have find out the best way to use it is to use as an indicator.

Stress free trading by using the generated signals

You simply follow the signals generated and trade them. No need of any other indicators as Forex Killer will calculate the trend and give you the higher probability signals.

I need to remind you that you should always trade signals with high probability like 75%.

Final Word

The Forex Killer is simply a tool. I have tried to point out that the efficacy of the tool depends on the user, you. However,you have to remember “The most important thing to invest in is YOU and YOUR FOREX EDUCATION”.

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