There are a lot of great Forex trading tools out there, but there are also tools that are missing or could be improved. These are the tools that we found traders needed, but were not able to find.
If you have any questions about these tools, feel free to contact us.
Online Trading Journal
A trading journal is one of the most important tools in your trading toolbox. But we found that the trading journals out there were too complicated, lacked vital data, or would get wiped out with a hard drive crash.
We created RazorJournal to solve these issues.
Learn how RazorJournal can help you increase your profit per trade, optimize your stop losses and practice your setups like a pro athlete.
MetaTrader 5 Trading Tools
These handy MT5 tools can alert you to certain events and streamline your trading workflow.
Custom MT5 Indicators
Get text, mobile app, email and/or screen alerts when the RSI indicator hit overbought or oversold.
Quickly see the candle range of the candle that your mouse is currently on.
MetaTrader 4 Trading Tools
These handy MT4 tools can alert you to certain events and streamline your trading workflow.
Custom MT4 Indicators
Get text, email or screen alerts when Pin Bars print on your charts. Define the characteristics of the Pin Bar, according to your trading strategy.
Get text, email or screen alerts when Engulfing Bars print on your charts. Never miss another sweet setup.
See the range of the candle that your mouse is on. Makes it easier to set stop losses and take profits.
Get text, mobile app, email and/or screen alerts when the RSI indicator hit overbought or oversold.
Get text, email or screen alerts when an Inside Bars print on your charts. Essential for Inside Bar breakout traders.
Set an alert level, get an alert when price hits that level. This feature is not available in the default version of MT4.
Open 1 chart per currency pair and get RSI alerts on multiple timeframes from that 1 chart. Get text, email or screen alerts when RSI is overbought/oversold.
Custom MT4 Expert Advisors (EAs)
If you maximize your profits by trailing your stop loss by risk multiple, then this EA will help you spend less time at your screens and automate your exits.
Forex Tester Forex Backtesting Tools
Forex Tester is our recommended backtesting software. These Forex Tester tools will help you speed up your backtesting, so you can figure out if a trading strategy has an advantage or not.
Custom FT Indicators
This handy indicator marks Pin Bars on your chart, according to your definition of a Pin Bar. Save time by not having to manually measure potential Pin Bars on your chart.
This simple indicator marks Engulfing Bars on your chart. Never miss another Engulfing Bar when you are backtesting.
Custom FT Scripts
This script makes it easy to bracket bars when you enter orders and automatically set profit targets based on risk multiple. It can speed up your backtesting dramatically.