ForexNewsNow – FX Builder is a new forex strategy development tool that will help traders develop their own advanced forex strategies without requiring any advanced programming skills. FX strategy builder at this moment the tool comes in three packages designed to for beginner, intermediate and advanced traders.
What is FX Builder?
As explained above, the newly released FX Builder tool is a forex strategy creator that will allow traders to create their own forex trading strategies. The tool was developed by an independent team of programmers and traders and is meant to simplify forex trading for both newcomers and experts.
The tool offers more than 200 indicators and settings that traders can adjust in order to develop the perfect strategy. The company behind the tool revealed that there are more than 1,000,000,000,000,000 possible combinations that can be created, meaning that expert forex traders will have the possibility to unleash their creativity.
Using the tool, traders will also have the possibility to share their settings and adjusted parameters with each other. This way they will be able to improve their strategies based on peer feedback, something that will help everyone progress and generate larger revenues.
Using the FX Builder tool is very easy. The application was designed with people with no programming knowledge in mind. Parameters can be adjusted by the simple click of the mouse. These parameters also have straightforward names, not like most other that are being offered by the charts provided by mainstream forex brokers.
The application can also be tested for free using the demo platform provided. After trying out the demo platform, traders will have the possibility to purchase one of the three live platforms as well. The company provides three platforms aimed at different trader skills.
The FX-Builder Light platform was designed for beginner traders. This platform contains most of the total indicators available, offers full money management settings and contains two complete trading indicator systems with back tests from 2004 to 2013. This package costs $95 at this moment.
The second package, the FX-Builder Basic was designed for above average traders. It contains the full package of indicators offered, a full stop levels section, full time management settings, a bar strategy system and 2 complete trading bar systems. The package costs $195.
Lastly, the FX-Builder Pro was designed with experts in mind. This version contains all the features of the previous two version along with 2 complete trading grid systems, a grid forex strategy system as well as the possibility for traders that have purchased this package to sell the strategies they created for real money. This package costs $295.
Possibility to Sell Strategies for Real Money
Those traders that have purchased the FX-Builder Pro package will have the possibility to sell the forex strategies that they have created to others for real money. Those strategies that consistently generate at least 5% profits over a period of 1 to 2 years can be sold on the website of FX Builder.
Traders that created these strategies will not have to do anything at all other than putting their strategies up for sale on the FX Builder website. The company behind the tool will take care of all the issues such as technical implementation, delivery of the strategy to end clients, marketing and more. Traders will only have to share 50% of the income made from strategy sales with the company.