This product review was uptated on January 2020
The team behind this forex trading tool pledges to better something already good. The aim of this Trader On Chart review is to find out whether their tool keeps up with their promise or not. I’m going to describe all this tool’s details, its functioning and analyze its advantages and disadvantages, in order to conclude whether I recommend it or not.
I’ve been involved in forex trading for the last 6 years and I’ve learned a lot about this business during them. I now try to help other traders by reviewing the forex tools and expert’s advice I’ve been using so far. I hope you find it useful!
The first thing I want to state about Trader On Chart is that it was specifically designed to work as a MetaTrader 4 complement and only functions with Windows’ operative systems. I think it is the very first thing you must take into account if you want to download Trader On Chart.
I guess that if you’re reading this Trader On Chart review, you are already operating with MetaTrader 4. As you probably know, MT4 is the most popular forex trading platform since it allows it customers to analyze financial markets using expert advisors, for free. But, even being an excellent and widely used forex platform, it presents some flaws. Specifically, trading interface is really slow and you need to complete several steps before you can finally place an order.
As you might also know, time means money, especially in this business. To find a way to optimize time is the key to success, and that is exactly what this tool offers, but, how it achieves this?
This tool provides the solution to MT4 problems: you will be able to open, place and close trades up to ten times faster, with only one click. But it doesn’t stop there, you will also be able to set your stop loss and take profit preferences, pre-schedule trades, download and save Trader On Chart default settings, manage risk, diminish loss and boost profit, all by adding this tool to your MetaTrader 4 chart.
This MT4 complement exhibits an input box on the chart, at your left on the computer screen, and enables the user to place trades with just 1 click, since all the settings are placed in the same panel. That means for you to operate with all the information and tools you need, right in front of your eyes, without having a thousand windows opened.
It does not occupy much disk space, thanks to its intuitive layout, so you will be able to use it on multiple trades at the same time and it doesn’t crush. The features included (such as lot size calculation, risk reward ratio, trailing stops and scheduled execution) boost your trading experience: they allow you to operate faster, take more investing opportunities, diminish loss and maximize profit.
Lot size calculation allows you to manage risk. By calculating lot size automatically, this tool enables you to trade on multiple markets, minimizing loss. Based on percentage, it automatically places stop loss and take profit, according to your previously set preferences, that way, you make sure your losses won’t overdo your profits.
As we’ve been already discussing, this forex trading tool brings about a huge advantage: time saving. You must already know that in investing business, a difference of a few seconds counts. Being able to open trades and place orders with just one click is already a major breakthrough. But it isn’t the only one: this tool also helps you managing risk and by doing so you will significantly reduce losses. By calculating lot size, Trader On Chart program makes sure that you risk a constant amount of money and, as a consequence, the amount of losses and wins won’t be disproportionate.
As an experienced trader and a frequent user, I’d like to include in my Trader On Chart review a brief list of the advantages and disadvantages that I came across while using it. I think it will be really useful for you when it comes to decide whether to buy it or not.
Thanks to its PDF format, this tool is available for instant download. After the subscription and payment, you’ll receive an e-mail including the download link, as well as your user name and password.
The personal license can be used on unlimited demo and real accounts, and is transferrable between computers. It includes free technical support and software updates.
The payment is processed by ClickBank, a Click Sales retailer, that operates with the most sophisticated encrypting methods, to guarantee a safe purchase. The currently available paying methods are credit card, PayPal and Discover.
The main purpose of this review was to answer the question “Trader On Chart is a scam?” I’ve been in this business long enough to know that there are a lot of scams, including deceitful and unworthy forex tools. I think that this question has been already answered so far: for all the previously analyzed, you must have arrived at the conclusion that this tool worths your money and time. Or at least, a frank try.
It’s true that it is a quite pricy tool, but you’ll eventually witness how the increase on your trading income and the decrease of loss will outdo your invest. Thanks to the 60-day satisfaction guarantee, your purchase is 100% risk free: you can try and test this product by yourself, and if, for any reason, you’re not completely satisfied with it, all your money will be refunded, no questions asked.
For all the previously stated, I definitely recommend this tool, I’m sure you won’t regret it!