Range Trader Reviews
Like the other trading systems, Range Trader is designed to do all the work for you. All you need to do is load the Expert Advisor onto your chart and set the account type you have.
Phase Three of the Range Trader has many features that will make trading much easier for you. Along with calculating trade size from your account balance automatically, it also compounds trade size as your account balance grows. Some other features include: Using a series of Trade grids spread over a Daily Trading range to capture both Re-tracement and trending trades, using a trailing stop once the trade has been opened, places up to 200 pending trade grids automatically, automatically replaces existing trades when required, and updates the short term trend every four hours to reproduce latest price movement changes.
Ernie
I've been using Forex Range Trader for 2 months and I believe this is a decent system but it could be improved. While the system has been working well on some currency pairs, it doesn't work on others, so there's not much flexibility on this system.
The win/loss ratio is extremely good (80%-90% wins). However, there are some severe losses once in awhile. IMO, Range Trader is profitable but it's a risky system to use.
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9th Jun, 2008
Arron
It doesn't work. It's not even close to a profitable system in real life.
Find out more 29th Jun, 2008
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