Firstly, the system works. In have been running it for a few weeks and I am 655 pips positive. There have been a few losers but overall lots of lovely pips! I'm only running on demo at the moment but will move to a live account next month.
Jim has been very responsive and always replies to my questions. I am really happy about that as there was never any support with the other system I have previously bought.
The system really is Set & Forget as well. No need to make any adjustments after the signal. Nice and simple, just the way I like it!
I just wanted to say thanks for such a great system. It really is a 100% mechanical. The EA must be very complex behind the curtain but it is really easy to follow; entry price, stoploss and takeprofit, just the information that you need. The settings are very simple as well which I like.
Only disadvantage is that it only works on six FX pairs but there are still loads of trades a day so I am fine with that.
I've been using it for around a month and I've made good gains across the board. There was one week that was break even but the other weeks were very strong - pips, pips, pips!!
I love using this system - I have had it for a few months and the more I use it the more I like it.
I started using the first take profit level and made some steady gains. The win rate was very high for this setting which initially I liked but now I preferr to use the second take profit level. The win rate is a bit lower but the pips profit is higher.
The system can be used on three different time frames, I only use the 1 hour and 4 hour as I like to take a longer term view. Both have about the same win rate but the pip targets are obviously higher on the 4 hour.
One thing that was a bit concerning was the performance of the system on USDCHF. I had a few losses on this pair when I first started using it but I have had win after win recently. I think that there must have been some choppy price movement when I started out.
Overall, this is a to notch system that I'm really happy with and has produced steady pips. Would recommend.
I've been using this system for a couple of months now and would agree that it is very good. I have only been using the second target for the take profit and this has produced good results for me. I don't know the exact stats but the win rate has been something like 65-70% ( it was bit lower last month but still good).
The main thing that I like about this system is that the stop losses are fixed and of a sensible size. I've tried too many EAs that have huge stops or none at all! With this system they are usually around 20 to 60 pips.
One of the downsides is that the system doesn't trade automatically for you but I have come to prefer this recently as it feels like I have more control over my account. The system automatically emails signals to me anyway so it is straight forward to follow the signals when out and about.
it is not an automated system - it provides signals to buy or to sell. There are 3 different target-levels and a stop-loss-level provided. So the lot-size is completely up to you. I now use forex-climber for about a month and the entries are very good. The RRR is about 1:1 and when you use all 3 target-levels you are kind of scaling out. You may also use the 2nd target only.
Winning trades appear to be more than 60% i think so far. You have to have your own money-management!
I like the system and i am trading on bigger timeframes (h1 and h4). I am very happy with that great trading tool
Can you tell me how many trades per day this robot makes? what is the wining %? What is the minimum account size that this robot can trade with? and what size of lots per trade? 1.0 lot or 0.01? Does it trade by itself or we should enter the trades manually?
Finally, at what price you sell this robot? for how long? is it one time payment or yearly?
Looking forward to your answers, Have a good time!
I've had this system up and running for a few months now and I must say it really is performing. Nice steadily profit building week after week. I thought I would share my thoughts with you all...
signals have been very accurate on all FX pairs
includes your stop loss and take profit points
provide 3 take profit levels depending the type of trader you are
Jim is very open about trading and his system. There are no promises to make you millions and have a 100% win rate. He makes the fair point that there will be losing streaks (but this is all part of trading). It's rare to find this kind of honesty online!
email signals from the system
works on 15mins, 1hr and 4hr time frame
video and PDF guide with easy to follow instructions explaining how to place a trade
the email signals don't mention the time frame that the signal came from this is not the worst problem in the world but I would rather know what type of time frame the signal refers to. Jim said that he will add this to the next update of the system
I will update in a few months with my continued results
Great system. Super easy to use. I have tried a few systems and robots over the years but this one is by far the best. It took only a couple of minutes to set up and there was a signal right away. I liked that there are no fiddly settings for all kinds of things. So many robots have about a hundred different settings and you never know if you have it set up correctly. But this system is very much install and go!!
I've been trying this system for a few weeks and have been really impressed. I've made great profit and the signals are really straight forward to follow. One disadvantage is that the system only works on six Forex pairs. But this has produced plenty of pips so far. I'll update how it goes.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.