Tradency: Forex Club releases fully automated Mirror Trader

By Roger Baettig: Subscribe to Roger's

May 1, 2011 3:08 PM GMT

Forex Club has released the Tradency automated trading platform, Mirror Trader for client use.

The Mirror Trader is a welcome addition to Forex Club's arsenal of trading platforms as Mirror Trader is the only platform offered by Forex Club that focuses on and excels at automated strategy trading.

The Mirror Trader platform comes fully equipped with over 200 preloaded trading strategies. All of the strategies offered have been developed by experienced traders and handpicked by the service providers to ensure that only quality strategies are available for use.

"Mirror Trader gives the retail trader an opportunity to easily allocate their money to well-established and proficient money managers. This gives participants an ability to excel in the markets in a way that they may not be able to on their own," says the company's Head of Currency Research, Andrei Tratseuski.

Traders may search through the Mirror Trader's filter parameters to pinpoint strategies that they feel would best compliment their trading style. In addition to these filter parameters, a featured called T-Score allows the system to pinpoint the most opportune strategies given current market conditions. After a trader finds a strategy that he is interested in, he may back-test it to see how profitable or unprofitable the strategy is against real market conditions. Once a trader applies the strategy to his live trading, the strategy will automatically open and close positions in accordance to the strategy's rules and market conditions.

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Forex Club invites all of its clients to learn more about the Mirror Trader. Free demo accounts are available to clients who are interested. Mirror Traderfor live accounts will be available in June.

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