Thursday, December 13, 2012

FOREX SIGMA - A REVIEW

Hi all, I was browsing around and spotted this one. The name of this is Forex Sigma. This appears to be a semi-automated EA that is monitored by a professional trader. This type of trading set-up is very similar to a hybrid trader. The Forex Conductor comes to mind. Now more about the strategy.


>Trades Based on Patterns of 4hr Charts

>Multi Pairs (main target on EURUSD and GBPUSD)

>Non-Scalping (same results on demo and live)

>Profitable in BackTest/MyFxBook

>Long/Short (No Bias)

>Updated monthly (To reflect market conditions)

There is a demo account that is currently at 60% intra-trade Drawdown. OUCH! This is definitely something I would classify as too much DD. Anyway I have the link to the demo account here.

There is not much more information on the webpage for me to recommend this unfortunately. At this point I would say stay away. There are much better trading systems available today.

If for some reason you want to try this there are 3 price points. 

1. $49 for 30 days.
2. $33 per month for 6 months.
3. $199 for 180 days use.


at