Forex WindWaker is an automated trading indicators that is meant to generate signals for you on metatrader platform. The Forex WindWaker works on all forex pairs and timeframes and uses the momentum based strategy for analysis. The indicator package costs $98 and the promise to make 50 – pips per day for you.
What is Forex WindWaker? Either is Forex Wind Waker indicator scam or legit?
Any expert in forex trading can clearly see that Forex WindWaker is a scam. However, if you want to find out why is Forex WindWaker a scam and what is Forex WindWaker in real, then you can find that within our Forex WindWaker review here, for that you don’t have to search any other Forex WindWaker reviews.
Forex WindWaker Review
- Forex WindWaker is a program that claim to automate Forex trades. It’s like putting a plane on auto pilot. Traders can sleep through the night calmly knowing that their trades will be placed exactly at the times they designated. Sounds easy, right?
- Forex robots/indicators like Forex WindWaker are getting a lot of hype of late and Forex robot scams are not far behind.
- We confirm that Forex WindWaker is a scam because it claimed to have made huge profits but they did provide a verified result from third party sharing sites like Myfxbook and FBlue.
- Forex robot/indicators like Forex WindWaker can only be as smart as its creator. The creators of these systems are looking to make a quick large sum of money and are not looking at the fact that the most predictable thing about the Forex market is the changes you cannot predict without watching the changes carefully. Anyone who knows the Forex market well and understands it will recommend a live person with their own trading strategy and then and only then does it make sense to automate any of it.
- The companies producing Forex robots/indicators like Forex WindWaker often rely on very broad, small print disclaimers to keep them out of trouble for promising tremendous results when those results are unrealistic in the long term.
- Most Forex robot scams are easy to pinpoint and would seem obvious to any investor. But even with blatant false promises of huge profits “while you sleep” millions of dollars are dropped into these Forex robot scams every day.
About Forex WindWaker
Forex WindWaker sales page does not feature much details about the entity behind the brand – where they are located and their experience in the marketplace. The only information that we were able to find that can help us determine the legitimacy of the vendor is the contact email address [email protected].
Forex WindWaker Strategy
During our reviews of Forex WindWaker, we saw that they provided a more generalized explanation of the indicator methodology. We understand that the indicator works by analyzing market momentum.
Momentum trading is a technique in which traders buy and sell according to the strength of recent price trends.
Forex WindWaker Result
Forex WindWaker claims to make 50-100 pips/day for you but fails to provide a verified result from a third party source. They provided performance screenshots of which are easily manipulated.
The problem is that Forex robots are run based on automated mathematical algorithms, not taking into account things like market conditions that vary with political issues, weather and other factors. The inconsistency of the market is impossible to program into a robot, and therefore the results of Forex robots are inconsistent as well.
Our best advise
Because Forex trading is still relatively unregulated, the number of scams seem to be ever-increasing. One area in which this happens on a regular basis is with automated Forex trading bots. Many of the systems make some pretty unrealistic claims, and promise a successful trading career, even when you’re asleep. They even seem to be able to publish positive results on their sites. However, a word of warning: These amazing results are often the result of back-testing, or based on hypothetical results.
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