That's hardly surprising, given that the majority of 'systems' out there are completely incapable of trading on the real live markets. Backtests are only the foundation of a Forex robot Hey Guys at Fapturbo, I've been running fapturbo live since the minute i got it, i have to say so far so awesome!!!!! I'm looking forward for the next 6 months now:
DSS of exponential moving average with Dema RH
Turbo Fx System is a trend following strategy with analysis of the price action. There are indicators of support and resistance statics and dynamics.
Time Frame 30 min or higher. Five MTF Fractal indicators time frame: Heiken Aschi V 24 ;. Heiken Ashi V 4 ;. Ferrux FX multi info;. KG swing point period 1D ;. Gann square 2 angle up 22,5, angle down 22,5 ;. PerkyAscTren Risk 4 ;. Signal bar 6 ;. Vertical Line Move with price;. CCI Nuf period 50 ;. MTF Waddah attar Explosion sensitive , this indicator setup with time frame that on use.
With the right software at hand, forex traders can mostly dispense with the paperwork. If you've made money trading foreign currencies, then the IRS wants to know about it. TurboTax and other tax-preparation software make it fairly easy to track and report your gains, and your trading platform should provide the backup documentation, if needed.
Keep in mind the important choice you have to make, as a forex trader, to treat forex gains as miscellaneous or investment income. As a forex trader, you have a choice of two very different tax treatments: Section or Section With the latter, you report gains on Form and can split your gains: Under Section , you report gains and losses as interest income or loss, with any gain added to your ordinary income from other sources.
You can opt out of Section and select the Section treatment, but you must do so before you start currency trading. There are four different versions of TurboTax software as of ; only two support the reporting of gains and losses from investments: With the free online version, you can only file a basic EZ return; the Deluxe version does not handle gains and losses from investments or forex trading.
All TurboTax versions are available via the company's website for download; your broker may allow you to import your trade data directly into the program once you have it installed on your computer. If you've elected to report forex trading under Section , then you can import the data from your broker directly into TurboTax with a program such as GainsKeeper.
Otherwise, you can enter the information manually into TurboTax as Miscellaneous Income. The software will ask you to input all income, including ordinary wages, interest, dividends and money earned under the category of "Less Common Income.