5 stars based on
In this review, I will be looking at a suite of trading tools designed to help traders refine their personal trading skills. This service is called Forex SB or Forex Strategy Builder, and for the most part, this service was developed to cater for traders who already have some experience trading different strategies in the Forex market place. It was also created for traders who already understand some trading logic or those who know how to properly refine a trading strategy.
On the other hand, the creator, Miroslav Popov, claims that they have done their best to make this product accessible to all traders regardless of their level of experience. At the same time, they claim that there are certain basic requirements that a trader must meet in order to use this set of tools from Forex SB.
However, this is quite a challenge because not every trader has the skill to create their own trading strategy. This largely depends on what level of their Forex trading development they are in.
I will therefore go ahead and pour my thoughts about this company in this review. You just need to pay attention if this concerns you. The real name of the company is Forex Software Ltd.
However, their site is called Forexsb. They are located in Bulgaria in this address: Speaking in terms of support, I do not see a contact form, an email or a phone number on their website. Instead, there is a forum for posting every concern that traders may have. When I take a look at the history of this company, I find that Expert binary option articles advisor builders Popov founded this company back in Why did he start this company in the first place?
Well, he had apparently discovered a real time Forex back tester which he believed could help traders see good results. He claims to have expert binary option articles advisor builders the first strategy reactor, binary options testerand many other set of trading tools which he believes will help traders understand how algorithmic trading works.
As we speak, this guy has created 6 different trading products. Each one of these were created with a specific purpose and approach in mind. They are supposed to solve problems that arise from different aspects of automated trading. For me to be able to capture these tools clearly in a review like this, I need to look at each one of these tools in detail.
Forex SB claims that this is the simplest tool that they ever built. According to the developer, this is the easiest tool for building a clean, effective MQL code for any expert advisor. However, this system also has some disadvantages.
In addition to this, you will have almost no control over the output of what you have created. Forex SB claims that this is the flagship program for all technical analysis tools. According to them, this tool is very effective in building any strategy of trading, and that it also allows traders to work with complex strategies if they like.
As a trader and also developer, you can create a trading strategy that modifies open positions I have never heard or known if this is possiblework with a variety of trading indicators and even follow long term trends. Now, I must give credit where it is due. The thing is, Forex SB gives all traders the chance of building any trading strategy without understanding one bit of coding.
But this does not mean that I am endorsing the mentioned products in any shape or form. With regards to this particular product from Forex Strategy Builder, I can say that the intention was to serve those who already have a little bit of trading background. The goal was to give traders a chance to find out what works best expert binary option articles advisor builders experimenting the indicators on different time frames and mashing them up into forming one powerful trading strategy.
First of all, you need to realize that creating a trading strategy or an expert advisor is not something that is easy to achieve. If you want to work with more advanced tools that will give expert binary option articles advisor builders much control over the creation process of this trading strategy, then upgrading is a must. What is expert binary option articles advisor builders, this platform is compatible with both MT4 and MT5 platforms.
It gives traders the chance to come up with their own trading strategies without touching any coding elements. As a subscriber, you can test all trading indicators that have ever been known to man, go through every historical data and refine the strategy to ensure that trades are only triggered when certain set of parameters are expert binary option articles advisor builders. However, I mentioned earlier that this process is for those who have traded Forex for some time.
With this system, Forex SB claims that you can build and test any binary expert binary option articles advisor builders strategy. In fact, there are even allegations that this product gives the same functionality as any other Forex tool mentioned on the website. The only difference between Binary Options Tester and the other tools is that clients are given the opportunity to test their trading strategies based on expiry times.
This is because, currently as it stands, the binary options market is full of silly products. If you have already tested their tools and somehow like them, then you may consider opting for a lifetime license instead of paying on a monthly basis. Please note that Forex SB charges exorbitant fees to get this kind of license from them. So far, Forex SB offers 3 types of packages as far as licensing is concerned.
It gives traders expert binary option articles advisor builders to Forex SB Pro for life. On top of that, it gives a 1 year access to their Expert Advisor Studio. The concern that I have with Forex SB is the difficulty level of using their products. How difficult are they to use, and are they worth the cost? In short, if you are not into trading logic, then Forex SB is not for you.
Forex Strategy Builder Professional Forex SB claims that this is the flagship program for all technical analysis tools. Expert Advisor studio If you want to work with more advanced tools that will give you much control over the creation process of this trading strategy, then upgrading is a must.
The cost of acquiring a lifetime license on Forex SB If you have already tested their tools and somehow like them, then you may consider opting for a lifetime license instead of paying on a monthly basis.
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