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Business / Other Tools / Friscal 1.01
Friscal 1.01
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Friscal 1.01 Description
Friscal combines position size and risk calculation, pip to value conversion, market times and more into a single, usable screen. This gives you quick access to all the necessary trade setup information.
Friscal combines position size and risk calculation, pip to value conversion, market times and more into a single, usable screen. This gives you quick access to all the necessary trade setup information.
No longer do you have to manually calculate times in other timezones! Friscal has interactive Market Clocks allowing you to set a particular time and see what time it is in another market's timezone.
MetaTrader 4 quotes can be fed directly into Friscal so you can trade with REAL quotes, giving you more realistic estimates for trade costs and expected profits.
With Friscal's graphical Market Bars you can instantly see where in the trading session you are, ensuring you're trading at optimum times for your trading strategy.
Friscal has been designed to be used in conjunction with your trading strategy to assist with day to day lot size calculation, trade setup calculations and trade risk values. It provides users with a simple, yet powerful interface for calculating the risk, money management and trade strategy values that all good currency traders need for long-term success in the FOREX market.
By entering in trade setup information, such as the currency pair, your proposed entry price, stoploss, take profit and risk limit, Friscal calculates your potential profit and loss, your true leverage that you'll be using for the trade and other useful values to help you make the descision whether to execute that trade or not.
OS: Windows 7, WinXP, Windows Vista
Tags: FOREX Toolkit - Risk Calculator - FOREX Assistant - Forex - Trader - Currency