In this post I will be reviewing the very impressive Forex Master Levels trading system by Nicola Delic. The Forex Master Levels trading system is a simple yet highly affective forex trading strategy for the popular and free MetaTrader 4 trading platform. Forex Master Levels has proven to turn even a small amount account into a large one with good returns provided hat you follow the strategy carefully and have the patience/discipline required to be a successful forex trader. Forex Master Levels trading system is suitable for any level of trader as it has a small learning curve and thus is very easy to use and interpret the buying/selling signals whilst also showing you good opportunities to take profits or to exit without substantial loss. The Forex Master Levels trading system gives a practical way for the average person to grow your forex trading account faster and safer, without you needing to take big risks or learning anything over complicated. Manual forex trading systems are goo as they give you full control over the trades taken and allow you to control your money management which you should try to keep at least around 1:1 Risk:Reward ratio so that 1 losing trade does not wipe out your account. The Forex Master Levels trading system can give you good market entries and help to ensure that you have a trading edge so your win rate is north of 50% which combined with a good risk to reward ratio will produce profits. With the 90% Forex Master Levels win rate that is claimed, you can certainly have a good chance of increasing your trading account with practice. You can even begin on demo to start with so you can trade risk free until you feel comfortable to go live.
Forex Master Levels System
The Forex Master Levels trading system is a manual forex trading system that uses colour coded indicators to tell you when to enter and exit the market. This makes it very easy to use and suitable for beginners. Plenty of documentation is included for this thorough forex trading system to ensure that you understand it inside out within no time at all. The Forex Master Levels creator claims that they were working with one of the largest financial institutions on earth when they developed this unique and powerful scientific trading algorithm that makes huge gains. The Forex Master Levels official website does include some live account statement showing significant gains achieved through using this strategy.
It is multi-currency which means that you can use it on any currency pair that you wish although I would recommend trading the major currency pairs such as the EURUSD & GBPUSD due to their liquidity. When using a reputable good ECN forex broker this ensures that you get the best possible trading conditions with low spreads, fast execution and plenty of liquidity. Of course, the lower the commission you pay the better. It is very important to consider trading costs with any forex trading system so please ensure that you account for them in your money management. Forex Master Levels can be used on any timeframe chart although I would personally use longer timeframes such as the 1 hour and above charts as there tends to be less noise on these and thus, the signals more reliable.
The Forex Master Levels official website also includes a vast array of videos showing real live trades which prove the system is capable of picking good trades whilst giving you a clear overview of how it works and what to expect. I recommend taking some time to sit back and watch the videos along with their explanations. It is good to see a forex system creator take the time and effort to give plenty of details on the system in question, you can tell that it is not rushed and has taking a lot of time to “perfect”. You can skip over the sales pitch which is quite long and focus on what really matters which is the Forex Master Levels trading system, which is good in it’s own right.
The Forex Master Levels Super Dashboard Indicator does all the work for you. It will analyse the markets based on volatility and formations then uses a confirmation check after which point you are giving the signal to trade at the simple click of the button. Green means buy and red means sell. When the Forex Master Levels Super Dashboard Indicator agree on one colour, you can trade. It is as simple as that. You can of course add your own technical, fundamental and price action analysis should you wish.
There is a template included with Forex Master Levels which looks nice on the charts and provides you with a good overview of the market and makes it easy to judge what will happen next although you do not need to do any complex analysis, this is all done for you. The indicators will even display take profit and stop loss levels for you. You can take every trade or cherry pick the ones you want depending on the recommended take profit and stop loss levels. E.g. You may only want to take those that have a tight stop loss but a good reward from the distance of the take profit.
Forex Master Levels Summary
Overall, the Forex Master Levels trading system is one of the best manual forex trading systems that I have come across. It is very technical/complex in it’s market analysis yet so simple to use. I would improve it further by adding a sentiment analysis such as that used by Forex Market Sentiment. The developer could also consider making a fully automated version but certainly when it comes to manual forex trading, this is a very solid system provided the trader is disciplined and stick to the plan. It includes DVD’s (basically videos) of the Forex Master Levels “how to’s” and show it in action. There is a members area to share with other users and learn from them, also a ton of bonus content which is good but the main things you will need are the dashboard, indicator and templates for mt4. Detailed instructions, full support, updates and a money back guarantee are also included. Certainly worth a look!