Jump to content

Oracle trader $2770


Recommended Posts

Oracle Trader, is a special software to trade the news. You can get it for free from oracletrader.net. Just go to oracletrader.net and close your browser. After that it will pop up a window and offers you the software for free. The difference between the free version and the paid version, the free version does not have the auto trade feature. You need to get the software from the site, because the software need to connect to their server in order to function, so you need a user name and password.

 

Good Luck

Link to comment
Share on other sites

This software is useless since the entries on a fast moving market are not honored by brokers at the requested or expected price during news events. What you end up with is either no fills since the broker shuts down the data or fills that are so far from where you should have entered that hand you loss after loss. It looks good on a demo account but on a real account it will never be successful. What I recommend for the developer to do if he reads this post is not to enter the market at the start/middle of the news event but wait few minutes after the news event has been announced so that the market settles a bit and then enter. In this way the orders will be filled at the proper prices. For ex. if the price is at 1.4000 and it rises to 1.4050 within few seconds.. instead of placing a buy order at 1.4020 (which will never be filled properly) wait until when the price settles at 1.4050 and enter short here and set your SL to 1.4080 and TP at 1.4020. This is the only way to trade the news, not the way OracleTrader trades right now.

 

Cheers

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...