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Forex Olympus

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Forex Olympus or how to make money during the coronavirus pandemic

Forex Olympus is an indicator developed by Rita Lasker, which is well known to many traders for its products. The indicator is positioned as a trading tool capable of making every trader rich during the coronavirus pandemic. Quarantine is declared in many countries, borders are closed, people are being urged not to leave home. At such a time, it only remains to close the house and trade intensively in the forex market. And Rita Lasker with her Forex Olympus indicator promises to make our trading more successful.

Characteristics of the Forex Olympus
Official website: forexolympus.net
Platform: Metatrader4
Currency pairs: Any pairs, indices and metals
Trading Time: Around the clock
Timeframe: Any
Recommended broker: Roboforex, XM, FBS
This indicator immediately reminded me of the well-known HalfTrend indicator. And I was not too lazy to compare these indicators. And what did I see? If it is not a modified HalfTrend or Ozymandias, then at least they became its prototypes. Rita Lasker is not the only one who used HalfTrend in his designs. The notorious Karl Dittmann also used this indicator as the basis for his Forex Millennium. I wrote about this earlier in this post.

Let’s compare the signals of the Forex Olympus and HalfTrend indicators so that you can verify the similarity of the indicators in person. So see:

FX Olympus CHFJPY M15forex-olympus-chfjpy-m15

HalfTrend-1.02 CHFJPY M15forex-olympus-analog-chfjpy-m15

FX Olympus USDJPY M15forex-olympus-usdjpy-m15

HalfTrend USDJPY M15forex-olympus-analog-usdjpy-m15

FX Olympus USDCAD M30forex-olympus-usdcad-m30

HalfTrend USDCAD M30forex-olympus-analog-usdcad-m30

As you can see, the similarity is obvious. Of course, FX Olympus is a more advanced indicator that is not 100% repainted, has a notification system (Pop-up Alert, Email Alert and Push Notification) and other options.

The indicator has three trading modes with varying degrees of risk:

Moderate Mode – the least risk, the least loss
Neutral Mode – works for those who want to scale up profits straight away and stay in the comfort zone. No need to choose between profit and safety
Intense Mode – the greatest risk, but and the maximum profit
Forex Olympus has a Trend Power indicator that shows how strong the current trend is (the gray dashboard in the corner of the chart). Based on this, you can no doubt open a deal.

In addition, the developers took care of trade automation and for an additional fee you can buy a robot based on this indicator. And then you do not have to sit for hours in front of your computer monitor. However, these are only the words of the developer, not confirmed by facts. Therefore, be sure to check the indicator in trading on a demo account and use additional filters. Be sure to consider the outputs of important economic news and follow the money management.

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