FX Price Action Signals Review

About FX Price Action Signals

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This signal service has been constructed to simulate the style of a swing trader.

Consequently, if you are looking for an automated scalper capable of executing a large number of positions a day, then this device is not for you. This is because the FxPriceActionSignals aims to activate trades with an average duration of 1 to 2 days supported by stop-losses ranging between 20 and 80 pips.

This product attempts to exploit the advantages of swing trading. For example, this methodology provides more time for users to derive quality decisions, compared to scalping, resulting in fewer losses and reduced levels of stress. Another important benefit is explained by considering the following example.

A small slippage of time occurs between this robot receiving an order from the signal provider and executing the contained instructions by opening a new position. Envisage now that you are scalping utilizing a stop-loss and profit-target of 5 pips each. If the slippage involved is 1 pip, then there will be a 20% time delay between the instant that the original master account activates a trade compared to the moment that your own platform does. However, if you are swing trading using an average stop-loss of 40 pips, then the difference will now only be 2.5%. These figures clearly demonstrate the benefit of utilizing swing trading compared to scalping.

 

Trading Style

The designer of this robot is Mariusz Krzyzelewski, who is based in Poland. He advises that he developed the FxPriceActionSignals so that it primarily functions by analyzing pure price action. As such, no technical indicators are included in the design as this product focusing on monitoring raw chart data.

Both pending and market orders are utilized to activate new positions. A profit-target and stop-loss are activated to support each position as soon as it is opened. The robot incorporates a well-tested money management strategy that restricts the amount risked per trade to just 2% of the total available equity. Consequently, users’ account balances are always well protected. In addition, Martingale and Grid concepts are never deployed to increase the lot sizes of losing trades. Leverages are also maintained at the same level and are never increased.

This service attempts to exploit the significant price movements that occur during the trading sessions of both the London and New York exchange markets. On average, between 2 and 5 positions are activated per week. The London Open version focuses on three currency pairs, which are the EUR/JPY, GBP/JPY and GBP/USD. In contrast, the New York version concentrates on the EUR/USD, USD/CHF and USD/JPY.

 

Main Features of the FxPriceActionSignals

-      Performance can be validated by extensive historical records that have already been thoroughly verified by an independent company

-      A two week free trial period is on offer

-      100% automatic product that requires no user intervention at all

-      Utilizes two strategies that function on raw price action as opposed to any technical indicators.

-      A comprehensive operational course is provided.

-      Based on swing trading providing optimum execution times by involving minimum slippage.

 

Performance Tests

The concept of basing the performance of the FxPriceActionSignals on swing trading definitely has its merits but how does it perform under real live trading conditions? For example, can this service truly create the profit streams that you are seeking? A sequence of tests were devised and activated in order to provide objective answers to these important questions. You can find the generated results depicted in the subsequent table.

 

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Key Parameters

The following parameters were now derived using the average values portrayed in the rightmost column of the above table. You can use this information to assess if the FxPriceActionSignals is the right Forex signal service for you and should you expend more of your time researching its benefits.

1.       Win-to-loss ratio = 50%

2.       Reward-to-Risk ratio = 1.20

3.       Expectancy Value = $16.50

These impressive figures demonstrate that the FxPriceActionSignals has the potential to produce a return of $16.50 for every $1 wagered using it to trade Forex over the long-term.

 

User Comments

Oddly, no useful user comments could be identified on the internet about the performance of this signal service. This is quite surprising for a facility exhibiting such an impressive expectancy value of $16.50.

 

Cost

The monthly subscription cost for this signal service is $79. A two week free trial period is on offer,

 

Verdict

The quality of the performance parameters presented above is undoubtedly so outstanding that you definitely need to reserve additional time to investigate and validate its benefits in more depth. The surprising fact that no user comments could be located on the internet suggests that you still need to advance with caution until you gain more confidence in this service. You can accomplish this objective by implementing our advised course of action which is both easy to understand and instigate.