Hello
Can someone please share this “Stealth forex trading system” it looks impressive with results and simple to use.
Hello
Can someone please share this “Stealth forex trading system” it looks impressive with results and simple to use.
I have it and going to test it. I can’t share it though, as it’s indicator based and I am learning would have a clue what to tell you, sorry.
U guys are trading by looks? Good luck on that one
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It’s actually a pretty good system, and yes, by looks… Look it up at the ‘forex peace army’ site and then, if you’re interested search for ‘the ultimate stealth guide’ (2008, John Campbell). The Stealth system works best with the 15 minutes time frame, although it can be used with the 1 hour too - I was actually using it mainly with the H1 tf, but noticed that it didn’t agree with the Forex Sniper System, when I tried to combine these two interesting systems (Stealth produced more signals, sometimes even opposed to the Sniper signals); then I started reading up again and was reminded about the different time frames these two systems perform best on. I think Stealth ‘repaints’ more than Sniper - the latter leaving some ‘bad’ signals on the historical data, while Stealth doesn’t do that at all :-), but when I wrote an email about this to the makers of Stealth, they replied swiftly, explaining that all indi’s repaint - which is more or less through, I guess, but that the system outperformed this minor ‘defect’. I have to agree with this, because I’ve tried many, many systems and only Stealth (and Sniper) are the ones I’m still using because I feel they are reliable indicators. Of course, one can’t become profitable without some general knowledge about support/resistant, price action, ‘hammers’ as signals for trend reversal, etc., but these indicators can make your trading life a lot easier. Give it a try, you won’t regret it!