Powerful indicator

Hi
Happened to see this picture, I feel very accurate, are there any know if this is what the system. ?


It is an EA called Pro FX 2, i bought it just to try it a while ago, i think its like $110

What it does is use a simple moving average crossover system with a MACD and volatility filter

The thing to realize from this is that most systems do work, even a simple moving average crossover, the key is to apply the system consistently and to the letter to make sure results are typical and overall profitable, EA’s will never be as effective as you trading by the computer

For example, as you see by the chart the indicators for entering occurr AFTER the new trend starts, if you would have been trading price action you would have entered right at the start of the new trends, obviously this is just what moving average crossovers do as they are lagging indicators, but the only thing this system does is give you nice big arrows to take all the guess work out of it, but what it can never offer you is customization for your own trading style, transparency of its methods so you’ll never learn by just using this system, so… yeah :|… you can buy it and you’d be profitable overall, but it would be much better and honestly not very hard at all to learn to apply a system yourself, I recommend using 4 hour charts so you dont have to stare at the screen all day, and i also recommend trading price action strategies (overall these are the most profitable as it gets you in immediately as the trend changes)

For learning material i can recommend Nial Fuller’s videos on price action as well as Babypips own pipsology course, they have a very detailed and easy to understand on price action.

Or if you want something similiar to Pro FX 2, try

http://forums.babypips.com/free-forex-trading-systems/19721-amazing-crossover-system-100-pips-per-day.html

I have personally tried it and it is overall profitable