SmartCharts2 is not only a trading platform but also a Forex E-learning built to help traders achieve their goals. Today we take a look at this service to see if it is worth having.
Table of Contents
What Are Forex EAs, Signals or Indicators?
An expert advisor (EA) is software that directs and guide you on what trades to make or pass on. It even automatically starts and carries out trades according to a set of already programmed instructions. Expert advisors are most often deployed on the MT4 or MT5 forex trading platforms.
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We cannot overstate the advantages and usefulness of Expert advisor. Among the many advantages is the slight learning curve involved in using the Expert Advisor. That is to say, you need little learning to use an EA as the trades are being carried out by a set of instructions already made by an expert. Another advantage is that it can consider a lot of variables that humans may not have the time or potential to handle.
It is normal and not out of character for a Forex EA vendor or signal providers to lay claims to their product being a sure-fire way for you to get richer (it’s mostly just marketing.). This is because anyone who is looking for a signal provider is searching for a hassle-free way to make some profit.
However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.
Smart Charts 2 EA Review
The website of the Smart Charts 2 website well designed, with the information desired about the service put on display, along with some testimonials and pricing details.
The developer of this service, Greg Secker, promises that his “award-winning training and unique market scanner enables you to learn how to find and place trades in minutes, from anywhere in the world.”
How Smart Charts 2 EA Works
In this section, we cover the strategy of the EA. We also looked at the trade result if they provide any. For the trade results we hold results that are posted on myfxbook to be standard but we also consider fxblue and other alternatives.
Greg Secker claims to use a tool known as “The Scanner.” According to the website’s sales page, The Scanner’s development cost ranged in millions, and is one of the most powerful features of the service.
It claims that this tool “scans thousands of markets in a faction of a second to find patterns and indicators setups that you can use in your technical analysis.” This shortens the setup part of the manual trading experience by dishing out quick knowledge that traders can apply immediately to their charts.
Smart Charts 2 EA Price
$1999 per year
Client Feedback
Customer feedback is a vital instrument for us to offer up a quantitative review and analysis of an EA. We mostly consider feedback a third-party site as we have found that reviews on the official page might be manipulated, concocted or paid for.
We could not find many reviews by customers who had used this EA before, at least not enough to form a conclusive decision.
Read through our Yeti EA Review to compare and contrast the services they offer. You can also read our reviews on fxalg EA, FxPriemere, and Forex real profit.
Conclusion
Due to lack of verifiable results, and the price tag, we won’t be recommending this platform today.
EXPERT RECOMMENDATION: Use the Best Forex EAs/Robots in the Market Below
Accounts
Free Trial
Projects
SSL
2
Strategy: Scalping
Time Frame: M1, M5, M15 and M30
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee
1
Strategy: Stop and Reverse
Time Frame: All time frames
Currency Pairs: EUR/USD, EUR/GBP and USD/CHF
License fee: $149
60 Day Money-back Guarantee
3
Strategy: Scalping
Time Frame: M1, M5, M15
Currency Pairs: All Pairs
License fee: $147
30 Day Money-back Guarantee