Forex Trading Tools Ratings

Here you will find my forex trading tools ratings list that shows all of the forex trading tool reviews that I have conducted over the years. The forex trading tools list includes a link to the official forex trading tool website, a description of the forex trading tools, the forex trading tool rating and a link to the forex trading tool review page. I am frequently updating my forex trading tools list to include the latest forex trading tools.

A forex trading tool is used to assist you with your forex trading. They can help to generate and filter trade signals, act as a guide for the direction you may want to trade in (long or short), determine what currency pairs are most active and much more.

The main thing I find great about forex trading tools is that whilst they may do tasks that we could do in another way, they make them so much faster and easier to complete! This can be important when trying to enter the market at the best possible price and can save precious time.

Most forex trading tools have been developed to be used in the free to download and most popular forex trading platform, MetaTrader 4 (mt4). Mt4 is available from most good forex brokers across the world, I would always prefer to trade with a true ECN forex broker for the best possible trading conditions and plenty of liquidity.

# NAME RATING DESCRIPTION Statistics LINK
1

Forex Market Sentiment

Forex Market Sentiment
Read review
Ladies and gentlemen I introduce you to the BEST and the ONLY Forex Trading Indicator you will ever need – Forex Market Sentiment! Wow, where to start with this review. This forex indicator is what 99.9% of traders are missing and what they need to be using to start making profitable trade after profitable trade....
Profit
95
Frequency
95
Safety
95
Consistency
95
Visit Forex Market Sentiment Website
2

Forex Analyser

Forex Analyser
Read review
In this post I will be reviewing the SUPERB Forex Analyser trading software. Forex Analyser is the absolute complete forex trading toolkit that includes pretty much EVERYTHING you will need to trade manually and fully automated. It can give you trading signal alerts via a pop-up window and sound, email and/or SMS push notifications. If...
Profit
92
Frequency
92
Safety
92
Consistency
92
Visit Forex Analyser Website
3

Forex Heat Map

Forex Heat Map
Read review
In this post I will be reviewing the Forex Heat Map trading tool which shows you currency strength and weakness on your MetaTrader 4 charts. Statistics show that when using currency strength and weakness analysis, your success rate can increase to 92%! This forex trading tool would work well alongside the best forex indicator –...
Profit
90
Frequency
90
Safety
90
Consistency
90
Visit Forex Heat Map Website
4

Simple Forex Tester

Simple Forex Tester
Read review
In this post I will be reviewing the Simple Forex Tester which is an excellent trading tool that allows you to rewind history in the MetaTrader 4 trading platform and historically trade your manual trading system. It is a great way to practice using a system and is very easy to use. Training videos are...
Profit
90
Frequency
90
Safety
90
Consistency
90
Visit Simple Forex Tester Website
5

PitView

PitView Review
Read review
In this post I will be reviewing the very useful PitView forex trading tools for use with the MetaTrader 4 (mt4) trading platform what is hugely popular and available from most forex brokers worldwide. PitView is the brain child of Tim Blanchard, a full time Professional Trader & Chief Mentor for PitView™ by Advanced Market...
Profit
85
Frequency
85
Safety
85
Consistency
85
Visit PitView Website
6

ATB Sniper Indicator

ATB Sniper Indicator Review
Read review
In this post I will be reviewing the ATB Sniper Indicator that has been developed for use in the free to download MetaTrader 4 (mt4) trading platform. Mt4 is one of the most popular forex trading platforms and is provided by most forex brokers worldwide. You can open a free demo trading account in mt4...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit ATB Sniper Indicator Website
7

Birts Tick Data Suite

Birts Tick Data Suite
Read review
In this post I will be reviewing the EXCELLENT Birts Tick Data Suite. This is the must have forex tool for anyone who wants to back test in the MetaTrader 4 strategy tester – honestly, you should not even think about back testing without it. The MetaTrader 4 strategy tester is well known for not...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Birts Tick Data Suite Website
8

Currency Strength Meter

Currency Strength Meter Review
Read review
In this post I will be reviewing the Currency Strength Meter for the popular and free to download MetaTrader 4 (mt4) trading platform that is currently the most widely used forex trading platform around the world. The Currency Strength Meter is simple to understand, easy to use and profitable when used correctly. By correctly I...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Currency Strength Meter Website
9

Fibonacci Golden Zone Indicator

Fibonacci Golden Zone Indicator Review
Read review
In this post I will be reviewing the Fibonacci Golden Zone Indicator for the MetaTrader 4 (mt4) trading platform. Mt4 is the most widely used forex trading platform and is used by most broker worldwide. With the Fibonacci Golden Zone Indicator you will no longer need to manually draw and delete Fibonacci lines on your...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Fibonacci Golden Zone Indicator Website
10

Forex Copier

Forex Copier
Read review
In this post I will be reviewing Forex Copier which allows you to duplicate and copy trades between MetaTrader 4 (mt4) accounts. It is hard these days to find a reliable trade copier, but the Forex Copier software is the one of the best and most reliable available with many years of a proven track...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Forex Copier Website
11

Forex Profit Defender

Forex Profit Defender
Read review
In this post I will be reviewing the Forex Profit Defender trading tool. Forex Profit Defender has been designed to run in the MetaTrader 4 trading platform and is a complete trailing stop money management tool that will allow you to manage orders that you have placed manually or with other forex trading robots. This...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Forex Profit Defender Website
12

Forex Tester

Forex Tester
Read review
In this post I will be reviewing the Forex Tester. Forex Tester is forex trading software that simulates trading in the Forex market, which will allow you to learn how to trade profitably whilst also being able to create, test and refine your trading strategies for manual and automated forex trading. The king in this...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Forex Tester Website
13

IceFX’s Trader Agent

IceFX’s Trader Agent
Read review
In this post I will be reviewing IceFX’s Trader Agent. IceFX’s Trader Agent is the ultimate forex trader’s assistant. It is like having your very own PA on auto pilot! This is not an automatic trading forex robot (EA) and it does not take trading decisions or open/close position, but it does really well helping...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit IceFX’s Trader Agent Website
14

MT4 Chart Trader

MT4 Chart Trader Review
Read review
In this post I will be reviewing the MT4 Chart Trader which as the name suggests is a forex trading tool for use in the popular and widely used MetaTrader 4 (mt4) trading platform which is free to download from most forex brokers throughout the world. I would always recommend an ECN forex broker for...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit MT4 Chart Trader Website
15

profitF

profitF
Read review
In this post I will be reviewing the ProfitF website. This is a very useful website that primarily compares forex trading software in a very user friendly table with many of helpful advanced filters making it easy to find the correct forex trading software depending on your requirements. There are a wide variety of forex...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit profitF Website
16

T-NewsTimer Indicator

T-NewsTimer Indicator
Read review
In this post I will be reviewing the very useful T-NewsTimer indicator. This is a forex news release indicator for the free to download MetaTrader 4 trading platform. It is very important to be aware of news releases and the impact that they can have on the forex market. Most traders would have to access...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit T-NewsTimer Website
17

Trading Manager Pro

Trading Manager Pro
Read review
In this post I will be reviewing the Trading Manager Pro Forex EA (Expert Advisor). This is a very detailed and well coded automated forex trading system developed to run in the free to download MetaTrader 4 trading platform. The developer claims it can realistically make 20% per month which is a very strong return...
Profit
80
Frequency
80
Safety
80
Consistency
80
Visit Trading Manager Pro Website
18

Expert Advisor Builder

Expert Advisor Builder
Read review
In this post I will be reviewing the Expert Advisor Builder. Well, I am sure there are many traders and would-be programmers out there who will find the EA builder extremely useful! Have you ever dreamed of having your own manual trading system idea fully automated into your own forex robot? Well, now you can...
Profit
75
Frequency
75
Safety
75
Consistency
75
Visit Expert Advisor Builder Website
19

Forex Simulator

Forex Simulator
Read review
In this post I will be reviewing Forex Simulator. This is a very useful forex trading tool that allows you to practice trading over historical data by placing and managing orders as if trading in real time. Practice makes perfect and the Forex Simulator tool will allow you to train your trading skills faster without...
Profit
75
Frequency
75
Safety
75
Consistency
75
Visit Forex Simulator Website
20

FX Candle Predictor

FX Candle Predictor Review
Read review
In this post I will be reviewing the FX Candle Predictor forex trading tool which aims to predict in what direction the next candle will move and the developer claims that it does not repaint. The FX Candle Predictor is an indicator that runs on the popular MetaTrader 4 (mt4) trading platform and is therefore...
Profit
75
Frequency
75
Safety
75
Consistency
75
Visit FX Candle Predictor Website
21

Tony Manso Forex Software

Tony Manso Forex Software
Read review
In this post I will be reviewing the Tony Manso Forex Software. This is a combination of very useful forex trading tools for the MetaTrader 4 trading platform that would benefit any forex trader in their day to day trading. The tools are professional coded and cover a wide range of forex trader needs. They...
Profit
70
Frequency
70
Safety
80
Consistency
80
Visit Tony Manso Forex Software Website
22

Trade Miner

Trade Miner
Read review
In this post I will be reviewing Trend Miner. Similar to my last review of Forex Trendy (which is excellent by the way) it is difficult to put Trade Miner into one single category. I will summarise it by saying it is an automated software platform that will identify seasonal trends and market cycles in...
Profit
75
Frequency
70
Safety
75
Consistency
75
Visit Trade Miner Website
23

MT4 Floating Charts

MT4 Floating Charts
Read review
In this post I will be reviewing the MT4 Floating Charts tool. I like this tool, it is very unique and useful. Essentially it gives you full multi monitor support for your MetaTrader 4 platform whilst allowing you to detach all of your charts from the platform and move them around the screen. This can...
Profit
70
Frequency
70
Safety
75
Consistency
75
Visit MT4 Floating Charts Website
24

Trader On Chart

Trader On Chart
Read review
In this post I will be reviewing the Trader On Chart trading tool. Trader On Chart is a very useful manual forex trading tool that gives you a more convenient way to place trades on MetaTrader 4 up to 10 times faster than you normal would. Trader On Chart runs on your MetaTrader 4 trading...
Profit
70
Frequency
70
Safety
75
Consistency
75
Visit Trader On Chart Website
25

Forex Trendy

Forex Trendy
Read review
In this post I will be reviewing Forex Trendy. This is very useful trading tool for filtering only the best signals. It is hard to categorise Forex Trendy as it is a mixture of signals, a manual trading system and forex robot. To summarise, Forex Trendy is a tool that will scan all currency pairs...
Profit
75
Frequency
65
Safety
70
Consistency
75
Visit Forex Trendy Website
26

Broker Spread Monitoring EA

Broker Spread Monitoring EA Review
Read review
In this post I will review the Broker Spread Monitoring EA which is a forex tool used to monitor broker spreads in the MetaTrader 4 (mt4) trading platform. The spreads of your forex broker can affect your trading performance along with other factors such as slippage and commission. The spread is basically the different between...
Profit
70
Frequency
70
Safety
70
Consistency
70
Visit Broker Spread Monitoring EA Website
27

Forex Order Manager

Forex Order Manager
Read review
In this post I will be reviewing the Forex Order Manager trading tool. This is a fully automated forex trading tool for MetaTrader 4 that will monitor and manage trades placed manually or by other forex robots on your account. I would say that most forex robots (if not all) have their own built in...
Profit
70
Frequency
70
Safety
70
Consistency
70
Visit Forex Order Manager Website
28

Renko Charting Package

Renko Charting Package
Read review
In this post I will be reviewing the Renko Charting Package. Renko charts display bars as block of pip movement rather than displaying the bars based on time. If you were to set a renko chart to display block of 5, a block would only appear once price has moved either 5 pips up or...
Profit
70
Frequency
70
Safety
70
Consistency
70
Visit Renko Charting Package Website
29

Full Arbitrage Trading Tool

Full Arbitrage Trading Tool
Read review
In this post I will be reviewing the Full Arbitrage Trading Tool. The developer Mike Perona claims he makes around $40-45,000 every month using this tool whilst we do not have the verified accounts to back up these claims; a fraction of such returns would be a great return on investment. This tool can be...
Profit
70
Frequency
65
Safety
40
Consistency
40
Visit Full Arbitrage Trading Tool Website
30

Ninja Forex

Ninja Forex Review
Read review
I this post I will be reviewing Ninja Forex which is a forex trading website which helps to facilitate interaction with fellow traders to share and learn from each other’s experience. This is not a forex trading tool as such but does include information that could be beneficial to some traders. You can challenge each...
Profit
50
Frequency
50
Safety
50
Consistency
50
Visit Ninja Forex Website