The authors of this "unique" forex trading system STEALTH FOREX say us that they can make the money flow in our pockets and we'll be always on the right side of the market. Is it truth? Let's find out.
On the main page of the site we see rather strange graph with the arrows on it. Lower we can see something even more strange - sell/buy indicator, "magic" LCD indicator and the "secret" hybrid indicator. Well, maybe it seems that it's really work. I answer you "NO, it's NOT working" You'll ask me why. Ok, let's try to explain.
The first. "Sell or buy" or "How to find a trend". I am sure, that sell/indicator works rather easy: it uses the moving average with a very small period, so it "catches" every change of the market. But it's right way to bankruptcy. Later I'll explain why. The second. LCD indicator. It sounds like LCD TV!) What's the meaning of this indicator? You know, I've been trading a lot, but even I can't understand why it it there. By the way, the creators don't explain it too! Maybe it's just a kind of moving average with a little longer period. The third. Hybrid indicator. I don't want to say long time about it. Better I just tell you that it's just a standard stochastic or MACD. Every body know that yes, it works. But only on history. The signals for enter must be in time.
So, I, made it tested, I draw conclusion. A set of strange, magic indicators is just a set of standard, well-known indicators in new appearance. They use the short period moving average like buy/sell indicator and suggest us to buy even on downtrend. It's a great mistake. They use moving stop-losses, that never be activated, but swaps will "eat" your deposit. And the main, that this system work only on history, but when you trade online, you will get system signal in hours, when it is already late. As a result, the the money flow out of your pocket.