Hi Guys,

Thanks for this review, it looks very interesting. Although I think I'm going to have to save up a decent bank to start trading it due to the risk of drawdown.

Are you trading this through IG Index due to the possibility of overlaps in orders as you mentioned?

Hi,

Glad the review is useful and yep, those draw-downs will come, we are sure! Yes we are using IG Index so we can be both Long and Short at the same time when necessary.


ReviewTeam - www.systemsfortraders.com

rightio, gonna have to gather a separate bank together to trade this. I only trade Forex Net Trap at the moment and I'm going to do that through ETX from now on and keep that bank seperate as this system seems a lot riskier.

If the average stop loss is 100 pips and I will be betting 50p a pip, then that's a £50 per risk per trade and it's 5% per trade then I need a starting bank of £1000 right?

I think I've got my maths right.

Best of luck - Do join us in the Trading room if you do decide to proceed with this system - Your outlined approach appears to make sense.

And yep, your maths seem correct to us. If you haven't already got it, our Free Trade Sizer should be useful to you - here.


ReviewTeam - www.systemsfortraders.com

It will be a month or so, but yeah, I'll be in the trading room.

thanks for your help.

You're more than welcome and by then, all being well, we will also have another months worth of live results.


ReviewTeam - www.systemsfortraders.com

That's quick work. I will start to trade this system this week and will report back in the trading room too.

Great - The more the merrier


ReviewTeam - www.systemsfortraders.com

Hi guys - great review as usual - can you comment on how effective the ea is with this strategy and how well it mirrors the manual trades?

Hi,

Thanks and we cannot comment as we never tried it - To be honest we wouldn't know what to do !

Hopefully someone else can comment on this, someone with a bit more experience of MT4/EA's than us.


ReviewTeam - www.systemsfortraders.com