Hi, guys! Today we will talk about Forex Triple Hit Indicator by Rita Lasker and her Green Forex Group.

When I first started learning about Forex trading, which was almost 10 years ago, I heard a lot about Rita Lasker. Her products were really popular. On Forex related forums I could find a lot of discussions referring to her robots. At that time I was reluctant to try automated trading, I preferred manual trades much more and that’s why never had a chance to get around any of Rita Lasker’s creations.

One of the Rita Lasker’s robots

I follow several Telegram channels with free Forex tools, some of which are paid products but were cracked and now are shared for free. I know this is not right, but I can’t afford to buy everything offered on the market.

Anyway, last week I saw an indicator developed by Rita and I was surprised to find out that it was released in 2021. Wow, that means that Rita Lasker has been in the industry for more than 11 years! Impressive, isn’t it? Moreover, she is now developing indicators too.

Forex Triple Hit Characteristics

Software Type: Indicator (can be turned into an EA (robot)
Platform: MetaTrader4
Timeframes: M15, M30 and H1
Pairs and assets: all currency pairs
Repaint: no
Special Features: Extra signal confirmation
Price: $129

As you can see, the style hasn’t changed much 🙂

My experience with Forex Triple Hit

Providing that I have downloaded this software for free, there’s nothing I can say about the processes of payment and activation. I just installed the indicator by copying and pasting the file into my MetaTrader4.

Before evaluating the signals generated by the Forex Triple Hit indicator, I decided to check out the website for special usage recommendations. I wanted to learn more about this special extra confirmation feature but in fact got more questions than answers:

  1. Even after reading through all the text on the website, I still had no idea why anyone would need this extra confirmation signal, because the initial signals themselves are super accurate and already confirmed, at least as it is stated on the website.

2. These Extra Entry points are always generated after the first BUY/SELL signals and after the price has already moved in the desired direction, which means that if we enter with the Extra Entries, not the initial ones, we will get less profit. Again, what’s the point?

examples of the extra signals

3. Okay, Rita (providing that she wrote the text on the website) suggests that we open the trade with EVERY signal, both the initial ones and the Extra ones. Which means our risk per trade multiplies by 3! No, thank you, I am not that brave.

But Rita IS! All the screenshots on the website show the profit made by entering each trade 3 times! Please don’t do it. If you are super positive about the trade, just increase the lot size a bit, don’t enter more than once, it is very risky.

I guess it’s really more of a marketing strategy to show more profit on the sales page.

My Results with Forex Triple Hit

So, it turned out I was absolutely right. Entering more than once can blow up your account in no time. Just look at the screenshot below. If we had entered these SELL trades according to the recommendations, we would have not only lost the money, but lost it twice!

Of course, sometimes, this feature works great. But we can’t rely on that because in overall, my tests have shown the winning rate of no more than 55%. Such results can be achieved with a lot of free indicators, but Rita Lasker has set the price of $129! I’m glad I didn’t have to buy this software. You can download it for free too by clicking the button below:

Contact me: trentbaxter@forexrealreviews.com