F.A.Q. (Frequently Asked
Questions)
What is the FX Candle Predictor?
It is a visual indicator, for the Metatrader 4 (MT4) platform, informing you,
in the form of clear up and down arrows on your currency chart, specifically, in which
direction the next candle / bar shall move and close. I.e. will the next candle
be a "bull" or a "bear" candle? Up or down? Higher or lower?
That's the question which our software aims to accurately answer.
Is this an EA (Expert Advisor / automated trading bot)? Will it trade for me?
The FX Candle Predictor is an indicator for MT4 which draws up & down arrows, informing you of the direction of the next immediate candle
- you should see it as a tool to aid your trading; how you want to use the tool is up to you.
Having said that, we do in fact include in the package an EA (trading robot), which is totally free, but ONLY to subscribers of the indicator.
Will the FX Candle Predictor work on my broker?
Absolutely, as long as you're running the Metatrader 4 platform.
Does the FX Candle Predictor repaint or lag?
We've said it before and we'll say it again -
our indicator does not repaint or redraw or move.
Once the arrow appears, it sticks.
Nor does the indicator lag - signals appear as soon as the current candle has closed / new candle has opened,
(based on a new candle tick from your MT4 broker of course).
How much does the FX Candle Predictor cost?
The software is available on a subscription
basis, with the first year costing $299. After that it's simply a yearly cost of $99 / year.
Can I use the FX Candle Predictor on more than one broker?
Your FX Candle Predictor license is limited to a single broker account.
However, if you wish to change brokers or MT4 account number,
you can do so at any time for free, not a problem - simply email us over at: support[at]fxcandlepredictor.com
What is the winning ratio of the FX Candle Predictor? The FX Candle
Predictor will correctly predict the direction of the next candle up to 75% OF THE TIME.
This winning ratio is something truly spectacular, which no other indicator can match, giving you an amazing edge.
Some months might be higher, some months might be lower, but we can guarantee that the number of correct candlestick
predictions will be at least double the number of incorrect ones over a period of six months.
Put simply, our indicator is currently the world's most accurate candlestick predictor.
Can I receive alerts on my iPhone or Android smartphone?
Indeed! FX Candle Predictor supports Push Notifications to Google Android and iOS based smartphones, including the Apple iPad tablet.
Which timeframe and currency pairs does the FX Candle Predictor support?
28 pairs, specifically: EURUSD, USDCHF, GBPUSD, USDJPY, EURJPY, EURAUD, CADJPY, NZDUSD, AUDNZD, AUDJPY,
NZDJPY, GBPJPY, USDCAD, AUDUSD, EURGBP, EURCHF, GBPCHF, GBPAUD, EURCAD, CHFJPY, AUDCAD, EURNZD, NZDCHF,
NZDCAD, AUDCHF, GBPCAD, CADCHF, GBPNZD, on the M5 timeframe.
How many signals will I get with the FX Candle Predictor?
Years of testing went into the FX Candle Predictor before release.
The indicator will usually generate an average of 2 to 3 signals per month. Some months the frequency can be higher,
other months it can be less frequent. Whilst this might not seem like a lot of signals,
remember it's the accuracy of the signals that's important, not the quantity.
(There are already lots of indicators out there offering dozens of alerts a week, but they just end up with a lot of false signals.)
With the very strict criteria implemented into FX Candle Predictor,
it means you get the high probability alerts which is actually what is essential,
and remember you can get instant email and smartphone alerts!
Do you offer a guarantee?
Absolutely. However, since the amount of signals aren't excessive,
it's important that you test the indicator for a period of 6 months.
We expect our indicator to achieve between a 70% to 75% hit rate, which is
literally unheard of in the market. Note, some months might be higher,
some months might be lower, but we guarantee that the number of correct candlestick
predictions will be at least double the number of incorrect ones; hence, if after 6 months,
the indicator fails to achieve a minimum of a 2:1 success rate, and you can show us a more
accurate candlestick predictor than ours, you are entitled to a full refund.