Free Top Gun
FOREX TRADING SOFTWARE
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Forex Course offers TopGun Software's award winning Forex Trading Software absolutely free. (Normally sells for $2,000) Simply signup with any of our supported Forex Brokers and do just 10 trades per month (100 minis). eSignal Data will also be provided to you FREE of charge. (Saves you $139/mo).
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| Customers often ask us how can you give away your Forex Software and Forex Data for free? |
It's simple. We are Introducing Brokers and whenever you make a
trade we are paid a fraction of the spread. Whether you signup at
these Forex brokers directly or through us you do not pay 1 penny
more. As you will see below our Forex Software may help improve
your trading strategies. We also offer some of the most in depth
Forex Training available. With 57 Forex Training Videos and Forex
Training Classes each and every day, our traders gain the market
and trading knowledge they need to help locate and recognize low
risk, high probability trades!
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Forex Software Example #1: Trend Snapback Forex Trading System
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We believe our Forex trading software is the best in the world. Despite this when we analyzed some of our traders results, we found that some traders would take bigger losses on their losing trades than profits on their winners.
That's the exact opposite of consistent, profitable trading. We also noticed it took us 3 weeks up to 3 months in our Forex Mentorship Program to make most traders understand how to find the lowest risk, high probability trades.
This wasn't acceptable to us so we have decided to take some of our Forex trading strategies and put the buy/sell signals on the charts along with the trailing stop. On choppy days the market doesn't move as much and our trailing stop has an added Ratchet feature that Yanks the stop up once certain profit objectives are hit. We take all the guesswork out of trading, when to buy/sell and exit trades.
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Finally a Real Forex Made Easy
In the chart below you can see our Trend Snapback Forex Trading System. They yellow arrows below a price bar signal a buy and above a price bar signal a sell. Once in the trade our Intelligent Chandelier Trailing Stop comes into place. A chandelier trailing stop is based on the markets volatility and trails your stop following the price move. Chandelier trailing stops tend to catch 70 to 90% of all trending moves and remove all guesswork as to when to get OUT of a trade! What's even nicer about the chandelier is on many trades the market moves a little bit our way and the stop yanks up to break even so on trades where many traders would have a loss the trailing stop gets you out at even or with a much smaller loss.
In the example below you can see two buys which generated 12 pips of profit and after the second one the market made a lower low thus triggering the trading system to start looking for low risk shorts. It shorted it near the high and the stop kept you into this trade. Once the market broke down it fell about 84 pips and the trailing stop LOCKED in 70 Pips of profit!
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Forex Software Example #2: Heat Map Currency Trend Intensity Indicator
The chart below shows one of our newest and most powerful trading tools. It shows you how strong or weak the Euro is compared to the Pound, Swiss Franc, Japanese Yen and Canadian Dollar. Underneath the Chandelier Stop Trend Direction tool we show how strong or weak the US Dollar is compared to all the main currencies. This tool allows you to adjust the colors to see how the strength or weakness of the US Dollar affects the Euro. For example when the US Dollar is strong the Euro / Dollar will fall. To keep things simple we simply reverse the colors so that its super simple to know which way to trade the Euro !
When the Euro is weaker than the Pound, Swiss, Yen and Canadian Dollar and the US Dollar is strong (We color code it red on the chart to show it will cause the Euro to fall) you have a VERY high probability of shorting and making a lot of pips!
The last heat map on the chart shows you Gold's impact on the currency. Gold is a leading indicator and when Gold is going up the US Dollar falls causing the Euro to go up. When Gold is falling the US Dollar gains strength and the Euro will fall!
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To Recap this tool show you
- Which Currencies to trade (Buy the strongest ones, short the weakest ones)
- Strength or Weakness of US Dollar and its impact on each currency you trade!
- Strength or Weakness of leading indicator Gold and its impact on each currency you trade
- Know how much profit to take - Dark Green / Red lead to HUGE moves while light colors show mild trends
- Know when your trade will turn into a loser and get out with much smaller loss! When you are long and see some red coming into the market you should immediately exit your trade and minimize your loss. We teach taking small 3 to 10 pip maximum losses.
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Forex Software Example #3: Probability Bands Often Predict the Day's High & Low to the Pip!
This amazing indicator is not available in ANY other retail trading platform and is a secret that only the big Money Managers had until now. Using Currency Option prices and the Black Scholes Option Pricing Algorithm we derive each currencies implied volatility and use that in this very complex yet simple to use indicator to show the 65%, 80%, 88%, and 95% Probable High and Low.
As you can see in the example below on 12/6 the 65% probable low was the low of the day almost to the pip! The reason this tool works is these are the areas where the Large Institutional Currency Houses and Hedge Funds are waiting to put on their trades. When they buy the market stops going down and goes up. When they come in to sell the markets stop going up and go down.
The last day on this chart you can see on 12/08/06 the Euro went up to the 65% Probable High and stalled for one and a half hours and then made a higher high and to the PIP reversed at the 80% Probable High and fell like a rock! It fell and to the pip stopped at the 88% Probable Low.
To Recap this tool show you
- Currency Prices each day where the market is likely to reverse.
- The trend IS your friend until the market moves too far. This tool shows you when the trend is MORE likely to reverse than to continue.
- We like to short the 80%, 88% and 95% Probable Highs
- We like to buy the 80%, 88% and 95% Probable Lows.
- Just in the example below this tool found counter trend reversals totaling 275 Pips!
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Forex Software Example #4: Know the Price Where MOST Traders Have Positions!
The Forex chart below shows both our 180 minute Balance Point Line which is the Price that MOST traders have their positions at and our Trend Candle tool that color codes the bars based on the trend.
180 Minute Balance Point Line - Most traders when they are losing money will exit their trades when the market reverses and lets them get out at or near their break even price. This revolutionary tool calculates EVERY trade and determines the average price at which traders have their positions. You can set this to any number of minutes you wish but we have found for the most profitable short term trading to use 180 minutes (3 hours). When price goes from below this level to above it you want to buy and when the market goes above it to below you want to sell. Also this tool is a wonderful support and resistance tool. Notice how frequently price retraces back to the balance point line and then continues the trend.
Trend Candles - This easy to use tool colors each candle based on the markets trend and likely direction. We recommend our traders use the Trend Candles on longer term charts such as 15 min, 30 min, 60 min, or 240 minute charts.
To Recap this tool show you
- Currency Prices where the market will either reverse trends or find support.
- Buy when the market is under the 180 min balance point line for hours and then goes above it as traders who are short all rush in and buy to exit their positions. At this point most traders who are short over the last 3 hours are now losing money and must buy to exit causing the market to make sharp up moves.
- Sell when the market is over the 180 min balance point line for hours and then goes below it as traders who are long all rush in and sell to exit their positions. At this point most traders who are long over the last few hours are now losing money and must sell to exit causing the market to make sharp down moves.
- During strong trends markets retrace to the balance point line, find support or resistance as losing traders are exiting their positions near their breakeven entry prices. The first time a new trend retraces to this balance point line the market usually stalls and continues its original trend.
- Trend Candles help traders spot trends and when markets are likely to reverse.
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Forex Software Example #5: Range Projection Shows Statistical Highs and Lows
This amazing tool goes over the past (20 days in this example) and shows you statistically how far the market will move over any time frame you want to trade. In the example below we have 10 min bars with the 4 hour statistical range. By buying the statistical 4 hour average low and selling the 4 hour average high we have found this range usually holds and gives low risk, high probability reversals in which our traders can profit. We also recommend using 5 min bars and plotting the average hourly high and low along with our 2 std deviation tool which shows the 95% maximum high and low for every hour.
To Recap this tool show you
- Average Currency Highs and Lows using Statistics
- Buy when the market hits the average low and sell when the market hits the high
- Excellent Trend Detection Tool as when markets are strong they go above the average hourly high and can are too strong to fall to the average lows. This tool gives the trader an excellent intuitive feel about which direction the market is most likely to trade too.
- By plotting the 95% Maximum Range (2 Standard Deviations) the trader can get into very high probability short term counter trend trades. We recommend taking small profits (5 to 20 pips) and then flipping your position as markets are very likely to continue trending in the original direction!
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Forex Software Example #6: Trend Reversal Tool Gives High Probability Reversals
The TREND IS YOUR FRIEND UNTIL IT REVERSES!
This amazing indicator works on all time frames from fast tick charts, 3 min, 5 min, 15 min, 30 min, hourly, 240 min, Daily, Weekly and even Monthly charts. As you can see from the example below when you see Green Buy and Red Sell Signals the market usually reverses or stalls and consolidates. The secret behind Profitable Forex Trading is keeping losses small and wins large. Used on faster charts this tool gives excellent low risk entries in the direction of the longer term trend. For example watch the trend on the daily or hourly chart and wait for trend reversal signal on the 5 min chart in that direction. The longer the time frame chart this tool is used on the bigger the pip move. Reversals off of Daily charts often perfectly pinpoint couple hundred pip moves!
To Recap this tool show you
- When an Uptrend is Likely Over and its Safer to Short
- When a Downtrend is Likely Over and its Safer to Buy
- Use a longer term chart for trend such as 30 min, 60 min or 240 min and shorter 5 min chart signals for low risk entries!
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Forex Software Example #7: Net Buying / Selling on EVERY Swing Determines Market Direction!
We are the only Forex Software that measures net buying and selling by over 150 Forex Banks, Institutions, and FCMs. You select the swing highs and lows, refresh the chart and our software calculates how much buying and selling has occurred during that swing. To say this gives you as a trader a huge advantage over other traders is one of the world's biggest understatements.
As you can see on the chart below the market slowly grinds up on low amounts of net buying and then sells off. The selling pressure is 30% more than the buying and it continues lower. Buying comes into the market and you can see as it tries to push both higher and lower there is more buying on up moves than selling on down moves and its no surprise to our traders that the market breaks out to the UPSIDE. After it makes a high the market falls down on significant selling. This gives you a clue that the market is unlikely to try to go higher and of course it pushes up 10 pips and stalls and falls lower.
To Recap this tool show you
- When there is more buying than selling markets typically go up
- When there is more selling than buying markets typically go down
- Shows you when markets are likely or NOT to make higher highs or lower lows
- One of the best tools to let you know when it becomes safer to trade against the current trend
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Forex Software Example #8: Volume Market Profile Forex Charts!
We are the only Forex Software that shows you not only the Open, High, Low and Close of each bar but also where the trading activity occurred on each bar. Most candle and bar charts are worthless because you have no clue where all the trading activity occurred. When a market trades a lot at a particular price area or zone it becomes a REAL Support and Resistance area in the future when the market returns to that area. Why? Because everybody who bought at that area and the market went up will be exiting their trades if the market returns rather than take a loss. This buying causes support and the market will either stall here before going down more or the buying will cause the market to go back up. This gives you a HUGE advantage over other traders who do not have this amazing tool.
To Recap this tool show you
- Spot Areas of REAL Support and Resistance
- How to locate Balanced Areas which have INCREASED Breakout Probabilities!
- Know where to put your stops and targets as the markets frequently stall and reverse near areas of high trading activity
- Get into trades earlier than other traders with lower risk (Tighter Stops). Most traders buy breakouts of a previous bars high, while market profile traders buy breakouts of HIGH volume areas!
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Forex Software Example #9: Chandelier Trailing Stops!
The Chandelier Trailing Stop is one of the most intelligent exit methods ever devised for trading. It uses the markets volatility which means it automatically adapts to periods of both high and low volatility. During high volatility periods it uses a wider stop to make sure you do not prematurely exit the trade giving you the maximum odds of a profitable trade. During times when volatility shrinks this wonderful stop yanks it closer so as to not give back much of your profits! We give you two different ways of showing this stop. The first draws it right on the chart and you can see why so many traders use it as a basis of a trading system. It gives wonderful trend entries as well as catches the majority of every move. The second way is to draw it as a color coded study on the bottom of the chart. Many traders use the color study (other studies that you can color code are MACD, Stochastics, ADX Trend and many more) to reduce the number of indicators on their chart and make things simple.
To Recap this tool show you
- Intelligent Volatility Based Trailing Stop
- Catches 70% to 90% of a trending move allowing you to maximize profits
- Many traders use it as a trading system as it can be used to help you limit your losses and let your profits run when the market trends.
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Forex Software Example #10: Daily, Weekly, Monthly Pivot Points
Pivot Points have been used by professional traders for decades but few retail traders have learned of their power. They work simply because the world's largest traders use them as a guide for when and where they are going to do heavy buying or selling. As you can see from the example below the market finds support at the weekly pivot (Average price of previous week) and then rallies up 75 pips to the midpoint R1 level where the market finds resistance. Traders looking to short can reduce their risk and increase the odds of a profitable trade by shorting this level. The market falls 150 pips and finds a little support at the midpoint S1 area. There was a 25 pip bounce off this area and then the market breaks down again. The next week this level is slightly lower and becomes resistance giving the trader a low risk short at 1.3200 which nets over 50 pips. It's no surprise to our traders that the market then stalls and finds support at the S1 level and its the low of the week. The market then rallies up almost 200 pips!
To Recap this tool show you
- Support and Resistance Areas Used by the World's Largest Traders
- The white line is the Pivot Point (Average Price of previous period). Buy above this level and sell below it.
- Pivot Points make excellent profit targets and intelligent areas to place your stops.
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Forex Software Example #11: Fibonacci Retracements, Fibonacci Profit Targets & Time Projections
Fibonacci Retracements - produce some of the highest probability trades you will ever find. Fib Retracements show 38.2%, 50%, and 61.8% levels where most professional traders will use as support or resistance to enter trades in the direction of the longer term trend. The strength and length of the trend determine which Fib level you should buy/short at. The longer the uptrend the more likely the first 38% fib level will NOT hold. New trends often bounce off this level however and its the best place to enter. Longer term trends tend to retrace back to the 50% or 62.8% Fibonacci level. You could enter at these levels and place your stop just outside the 62.8% one. This keeps your losses small when trades don't work.
Fibonacci Profit Targets are price projections where the market often goes to and then reverses. These make wonderful areas to exit your trade at a profit and enter counter trend trades.
To Recap this tool show you
The chart below also shows our tick based candles. In this example every 100 trades we create a new bar. During periods of high volatility and trade rate you get more bars, during slower trading times there are fewer bars. Many tools work better using tick charts (Bollinger Bands, Keltner Channels, Linear Regression Bands, Trendlines, Fibonacci Levels, etc).
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