Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program.
One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real tradingresults.”
Here's another tool that we have never seen in any other 'retail' platform. TopGun Software is an institutional trading platform geared towards professionals and money managers. One of the reasons we give it to Forex traders free who trade with us (Plus pay their eSignal fees) is because we feel that our software works and it gives most traders the edge they need to trade more confidently.
Probability bands use each Currency's Option Implied Volatility to predict Likely Highs and Lows.
These bands show the 65%, 80%, 88%, and 95% High and Low for the Day.
As you can see in this example the GBP hits the 65% Probability Band low on 12/26 and that is the low to the pip! It then rallies up 140 pips! The next day's high is the 65% Probability Band high and the market falls 55 pips, goes back and double tops and then falls 85 pips! The next day the market stalls and reverses 108 pips off of the 80% Probability Band high.
Please view our Hypothetical Results Disclosure and LeverageFX Disclosures