Forex Tracer is another product from NC Media, a group known for its high quality products and services. Our forex team has been priviledged to try Forex Tracer in order to provide our opinion about this program.
Forex Tracer is an expert advisor working with MetaTrader (which can be downloaded for free). An Expert Advisor (EA) is a piece of software that can trade the forex market on itself using MetaTrader. The trades are done according to a set of rules which was programmed by a professional.
The download page of Forex Tracer is very user friendly. It includes everything from the download link to the support email. If we first knew NC Media to be a serious media provider, we are now sure about this fact.
The download itself is a zip file with two files in it: one is the instructions file and the other is the Expert Advisor itself. We installed MetaTrader and the Expert Advisor according to the instructions and let it run.
The first trade started horribly wrong, with quite a big starting loss, as you can see here (the blue arrow is the entry point). Also notice the words "Forex Tracer" on the upper right corner:
The trade did not exit yet, and we wanted to see how it can handle this situation. Apparently, the makers of Forex Tracer know what they're doing. After a day the trade recovered and managed to close with a profit of $180:
Some days later, the United States job report was given. This made the EUR/USD pair rally. The makers of Forex Tracer really showed they know what they do, and Forex Tracer managed to make $1380 from the job report alone.
As you can see, Forex Tracer is indeed a superb Expert Advisor that can make you great sums of money. All you have to do is follow what it says and ride the trends. Its simplicity and ease of use make it possible for anyone to profit in the forex market.
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