Forex Power Tools is a package of 7 powerful forex indicators developed by Elizabeth Cullen and her team of developers. According to Elizabeth Cullen this Forex Power Tools indicators package is going to simplify currency trading for you and help increase your account equity. This Forex Power Tools package has been beta tested for months and the beta testers are loving it. You might be interested in knowing about these 7 forex power tools indicators. The 7 Forex Power Tools indicators are:
P-Trader Indicator:
Many trader want to simplify the routine operations and automate a lot of things if possible. This P Trader indicator will help you achieve that.
P-Timer Indicator:
The best time to trade is of course the London and the NY Session. This is the best time to trade currencies. All the news and the market volatility is there to help you capture maximum pips. The P Timer indicator will help you achieve that.
P-Book Tool:
You need to calculate a number of figures after each trade to check the efficiency and security of your trades. You need to know how much profitable and safe your trading is. This P Book tool will help you do that.
P-Chart Tool:
You need to be very precise in the opening and closing of your trades. This P Chart tools is an automatic application of colored arrows that will show the timing of the opening and closing positions.
P-Stats Indicator:
You need to constantly minimize the drawdown and maximize the profit. This P Stats indicator will help you do that and can be your best trading assistant. It will tell you the best lot size and suggest adjustments to your trading strategy.
P-Spread Indicator:
As a trader, you need the lowest spreads. This will reduce your trading costs. Brokers promise to give you a spread of 2 pips and some even swear that they will give you a spread of 0.5 pip. But they fail to deliver on their promise. This P Spread indicator will help you keep an eye on the spreads being offered by the broker.
P-News Indicator:
News moves the market big. When you are trading, you should be constantly be on the look out on any breaking news that can have an impact on your trading. This P-News Indicator will help you do that.