In this post I will be reviewing the excellent TradeMiner forex trading tool. Similar to my last review of Forex Trendy it is difficult to put TradeMiner into one single category. I will summarise it by saying it is an automated software platform that will help users to identify seasonal trends and market cycles in forex, stocks and futures. The importance of this is that these specific trends can repeat the returns (or lack of) every year in the same calendar month. This theory has been scientifically proven by intensive development and testing over many years. In this TradeMiner Review, I will be taking a closer look at this forex trading tool to see exactly what it is and how it works. Hopefully, this will help you to make a decision if it is something that you would like to implement as part of your daily trading routine.
What is TradeMiner?
TradeMiner does all the searching and analysing for the trend then informs you which trends are appearing and forecasts the outcome. TradeMiner is easy to use and can search millions of pieces of market data within seconds. It includes 40+ years of historical data that you can analyse. You can view charts in TradeMiner to see results from previous years, to identify the risk to reward and see detailed logs of previous trends. All this data narrows down your options for today.
I find TradeMiner to be an easy-to-use software platform that allows you to scan market data seamlessly, identifying historical trends that match your search criteria. The variety of charts in TradeMiner allows you to see the results of the previous years, identify historical risk vs. reward and see detailed trade logs of past years’ trends. You can conveniently create custom groups based on a wide variety of filters including price range, margin per contract, pip or tic value, volume, P/E, sectors, industries, and if the stocks or commodities are optionable.
TradeMiner will rank the historical results according to a proprietary ranking system. This system ranks higher the picks with the greatest historical gains in the shortest amount of time, with the least amount of historical risk. The score ranking works on a scale from zero to five, and includes an easy-to-read, color-coded key.
TradeMiner is a research tool – not a trading system. You can use this tool to increase the odds of a trade but let’s be realistic. Just because a stock or forex currency pair followed a certain pattern in the past does not mean that it will repeat with 100% certainty in the future. If a program like that existed, no one would sell it. If you do have such a system, please do let me know!
How Does TradeMiner Work?
The TradeMiner interface is very user friendly and includes plenty of educational resources to get you started. There are even instructional videos included and dedicated phone, email and web support. You can set email alerts to give you a notification when your trade signals are approaching (by hours, days or even weeks) thus you get all the information that you need and when you want it using TradeMiner. The innovative and powerful TradeMiner software identifies historical seasonal trends and market cycles quickly. It is used by professional traders around the world.
TradeMiner Features
Amongst the main features of the TradeMiner software, you can take advantage of the following:
Quick Scans
An easy-to-use software platform that allows you to scan market data seamlessly, identifying historical trends that match your search criteria.
Analyze graphs
The variety of charts in TradeMiner allows you to see the results of the previous years, identify historical risk vs. reward and see detailed trade logs of past years’ trends.
Custom search optimization
Create custom groups based on a wide variety of filters including Price Range, Margin per contract, Pip or Tic Value, Volume, P/E, Sectors, Industries, and if the stocks or commodities are optionable.
Software Support
TradeMiner is user-friendly and includes extensive support by phone or email.
TradeMiner Packages
TraderMiner is available in four different packages which is great as it gives you the flexibility to choose a package according to your own needs. The first package is a complete one since it brings the other three together under one tier. The main package comprises details on Stocks, Futures, and Forex and goes for an introductory price of $194 and, $129 per year, following on from that.
The standalone stocks, futures and forex packages all retail at $97 for the first year and $79 per year thereafter. If that was not enough, you can always get two of these standalone packages and get the third one free. And that’s in addition to the fact that you also get a 30-day money back guarantee period.
When you purchase the TradeMiner tool, you get access to the following:
- TradeMiner Software
- 40+ Years of Historical Market Data
- One Year Data Newest Trades Info ($129 each year thereafter)
- Proprietary Scoring of Historical Trades
- 30-Day Software Return Guarantee
TradeMiner Summary
I like the TradeMiner software – it is unique and the science behind its logic makes sense. It has also been around for many years and was one of the first forex trading software’s that I reviewed. This along with the good customer feedback you can find online shows that TradeMiner has potential when used correctly.
On the other hand, I do feel like it requires quite a lot of input from the user. This is by no means a set and forget type trading strategy. Instead, you can use TradeMiner to help find potential trading signals on all of your favourite trading instruments. From there, you will need to decide if and when to enter the market. You will also need to do your own money management and decide the best time to exit your positions.
You could always start using the TradeMiner software on a demo trading account to begin with. This could be a great way to familiarise yourself with how to use and get the most out of it. If you find that it is working well, you could always implement it within your own trading strategy to help you achieve your individual trading goals. There are many ways in which the TradeMiner tool can be used, so it is important to try and see if it can work for you before making any commitment.
That being said, the development team are very helpful and will be happy to assist you along the way. You can use the TradeMiner as a standalone trading tool or implement it as part of your own unique trading strategy. Please feel free to check out the website for a trial and more information by using the link below. TradeMiner is user-friendly and includes extensive support by phone or email.
TradeMiner
$194
Pros
- All Currency Pairs
- Any Timeframe
- 30 Day Money Back Guarantee
- Full Support
- Detailed Instructions
- Standalone Software
Cons
- Quite Complex For Beginners
- Requires User Input
- Needs Further Market Analysis
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
