Trustworthy Signal Review

This Forex signal service is provided by a team of professional trading statisticians who produce their alerts by utilizing their own highly advanced statistical models. In particular, they specialize in focusing on the European and USA markets. They track and monitor the financial markets carefully with the prime intent of first identifying and then manually executing quality trading opportunities boosting the best possible reward-to-risk ratios.

Consequently, this firm became so confident in the quality of its signals that it began to commercially promote them to the general public. Over the years ever since, this company claims that many of its clients have achieved great success by activating its supplied alerts. Of particular note, the strategies utilized to identify quality entry and exit points of new trades do not include the concepts of high risk techniques, such as Martingale.

In contrast, the service tends to focus on instigate positions based on trend trading although retracements are also tracked in order to detect additional entry opportunities. This firm claims that it has refined its statistical models to such a degree that they can now identify reversals and trends with impressive levels of accuracy.

This Forex signal service projects that you can expect to collect an average monthly return of about 12.5% from deploying its alerts. However, you will need to activate positions using the supplied signals manually as no automated software products are utilized during the process. The monthly fee required to subscribe to this service is £118.00 although you can enroll in its cash back plan in order to collect a monthly rebate.

The most pertinent question you now need to address is does Trustworthy Signal truly provide a trading performance capable of matching the above stipulations? Test results and accompanying analysis are now presented enabling you to attain a quality conclusion.

Performance Tests

The results from a sequence of tests, that have recently been performed, are now detailed in the following table. In addition, the average values are displayed in the rightmost column.

 

Test 1

Test 2

Test 3

Average

Total Trades

189

187

197

191

Short Positions (won)

87

85

95

89

Long Positions (won)

100

98

108

102

Profit Trades

138

136

146

140

Loss trades

49

47

57

51

Largest Profit

$39

$37

$47

$41

Largest Loss

$16

$14

$24

$18

Average Profit

$1

$2

$3

$2

Average Loss

$3

$2

$4

$3

Maximum Consecutive Wins

21

19

29

23

Maximum Consecutive Losses

5

3

13

7

Average Consecutive Wins

3

1

11

5

Average Consecutive Loss

2

1

3

2

 

Key Parameters

What do these results really tell you about the ability of Trustworthy Signal to deliver the goods under live market conditions? Essentially, you can use this data to generate its key performance parameters, as listed directly below. These informative figures are now calculated for this signal service using the average values listed in the above table.

1.       Win-to-loss ratio = 73%

2.       Reward-to-Risk ratio = 0.67

3.       Expectancy Value = $0.65

In conclusion, Trustworthy Signal appears capable of delivering a profit of $0.65 for each US Dollar placed at risk over the long term.

User Comments

A thorough internet investigation did not unearth any serious negative comments or reviews about the Trustworthy Signal Service. However, no positive statements or recommendations, that can be verified by a third party, were discovered either.

Verdict

Although this signal service provided interesting performance parameters, there are a number of doubts about some aspects of the values generated. For example, the reward-to-risk (R/R) ratio registers a figure that is well below unity, which is always a worrisome feature. This is because this paltry number severely limits the benefits of the outstanding win-to-loss (W/L) ratio of 73%.

As such, the combination of these two ratios has an adverse impact on the vitally important expectancy value by causing it to post a lackluster value of $0.65. If you now realize that the test results utilized to derive these performance parameters took a number of months to amass, you must understand that this anemic EV indicates that Trustworthy Signals could encounter problems generating constant profit streams in the future. This is because a sequence of difficult trading conditions could easily rack up additional losses. However, If you still think Trustworthy Signal merits more attention, then you are advised to perform deeper studies using our recommended path forward.

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