Stop testing the same strategies everyone else is testing. It will not a pipe dream anymore.Īre you tired of paying different service providers hefty subscription fees just to be able to backtest different strategies? You can stop letting other people control your trading results directly or indirectly.ĭo you want to thoroughly test any trading idea you can think of? You can finally stop paying buggy algo-trading platforms to automate your strategies. Identify if what you’re currently trading has an edge. You can finally stop losing money, trading untested strategies. Stop losing money trading untested strategies But all the trading psychology in the world won’t matter unless you have an edge. If you didn’t come here, you’d most likely have gone into the rabbit hole of trading psychology. “But, but, the trader on Twitter said he made 1 crore in 15 days!” “But, the trader on Youtube said he made 55 lakhs in a month!” “What’s happening? I was supposed to make money.” Only, when you finally learn and start trading, you’re not making money. Finally, you can buy your spouse all the luxuries they deserve. Finally, you can give your parents a better life. You’re excited about making money in the stock market. You probably learn about few strategies from friends and colleagues. You learn about few indicators that can tell you when to buy and sell. One day, you learn that trading can make you rich. As always I appreciate your contributions to Forex robot nation and would love to hear your thoughts on the Forex system trader.System Trader Academy's Python Backtesting + Automation Course If you something you would like to add to this review please let me know your thoughts below. Secondly, with such small scalping trades you would have to have a broker with little to no spread which is hard to come by. Firstly, there is no real trading track record that proves the system is successful in the long term. While the strategy seems simple enough there are multiple things that stand in its way. I am not going to give the Forex system trader or VBFX the Forex robot nation seal of approval. They are selling this VBFX software for hundred and $47. There are many examples of trades which show profits over time but there is no real record of trading using the system. The strategy itself seems simple enough but there really aren’t any Forex system trader results for us to speak of. Traders will enter sell trades when the red value band trend line is sloping downward and close trades when the red renko candlestick at the bottom indicator turns red. It will then close the trade when the green renko candlestick turns green. The trader will enter a buy below the green value band trend line if it sloping upward. The strategy for the Forex system trader works like this. You will obviously have to have a very small spread because some of these trades are as small as three pips. The Forex system trader uses a VBFX Forex system and Renko candlestick time frames for scalping and position trading. Today I’ll be doing a brief review and gathering information about this new scalping indicator () to see if it is worth our time. The developer of the software obviously likes alliteration’s as they also claim to be at the forefront of the Forex frontier. Forex system trader is a new scalping indicator that claims to crack the currency trading code like clockwork and rapidly break in riveting returns.
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