Forexadvisor.net is a live forex signal provider in 6 major currency pairs and their crosses;

System

Signals are generated through a multi phase neural network system formed of 5 layers with 6:2:8:2:3 neurons trained with 4 mechanical (technical analysis) indicators and 3 propriarity fundamental reaction and 2 behavioural indicators.

In summary, it is a mechanical system that constantly learns from the price movements and market reaction to fundamentals and adopts the trading strategy accordingly to maximize the profits. System creates possible future patterns for each currency pair and signals are generated from these patterns. Therefore there will be both sell and buy signals for the same pair at different levels.

Trades

On average, we get into 10 trades a week and each trade lasts from 5 mins to 3 days. In some cases we could be in 5 trades at the same time.

Nearly all trade entries are set up in advance as stop/limit orders and SRs (stop and reverse). Initial targets are set high to avoid getting out of profitable positions early and the target/stoploss levels are updated live when we are in the trade, where necessary.

Logistics

We issue a daily master trade plan between 6am – 11am GMT ( 1am – 6am EST) depending on the market movement. This master plan includes number of lots, trade entry trigger, initial SL/SRand target levels. We normally won’t get in to trades in the first couple of hours after the master plan is issued, so you will have plenty of time to set your orders up. We try not to change strategies or signals between 12pm-8am GMT.

The master trade plan looks like;

The master plan is sent to your email and you get a notification on your mobile phone and yahoo messenger to check your email.

When we enter to a trade or if there are any changes or updates, new trades etc, you get a notification through email, SMS and Yahoo Messenger.

Most of our orders are limit/stop orders rather than market orders so you will get plenty of notice. In certain cases, we will move the targets/stoplosses, so you will need to be able to access your trading account with short notice at all times.