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The Price Ray Forex software is a unique tool designed to revolutionize the way traders operate in the Forex market. This utility enhances trading strategies by providing real-time price information right where traders focus the most – next to the current candle.
Customizable Features for Optimal Trading
One of the key features of the Price Ray Forex software is its high degree of customizability. Traders can select the text to be displayed above or below the price ray, which can include Bid, Ask, or Last Price. Other options include the current spread, the range and body size for a defined time-frame candle in pips/points, and a per-second update of the time left for a candle close.
Real-Time Trading with Enhanced Visuals
The software also boasts enhanced visual features. The line ray, which beams till the current candle, last visible chart candle or extended till the first candle, can be customized in terms of extension, style, width, and colour. Traders can also choose to enable or disable the dot, and shift it and the line ray to the left. The colour of the Price Ray can be constant or change based on the trend, with options to select bullish or bearish colour for the trend.
Alert System for Timely Decisions
Another unique feature of the Price Ray Forex software is its comprehensive alert system. The software includes a candle timer that displays the remaining seconds to the close of a time-frame candle, either above or below a Price Ray. Traders can choose to receive an alert at specified seconds before the close of the current candle, either as a pop-up or a bird chirping sound. The sound alert can be temporarily disabled, making the software more user-friendly when used in multiple charts.
FAQs
1. Can the Price Ray Forex software be used on any chart?
Yes, the software can be used on any chart, including Forex, Indices, Stocks, Commodities, and Cryptos.
2. How does the software determine the trend?
The software changes the line ray colour based on bullish or bearish candle body of a selected time-frame.
3. What happens if there are errors in the software?
The software will show any errors in the “Journal” and “Experts” tabs in the terminal/toolbox window.
Independent testing of the Price Ray Forex software can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.
If you have used the Price Ray Forex software, we invite you to share your experience. Your feedback can help other traders make informed decisions about whether this tool is right for them.
This review is independent and is not affiliated with the creators of the Price Ray Forex software. It is intended to provide objective information to help traders in the Forex market make the best choices for their trading strategies.
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