In this post I will be reviewing Signal Steps automated forex trading system. This automated forex trading system incorporates what is known as a rubber-band trading strategy which the developer claims has around a 90%+ win rate which is backed up by real live verified by myfxbook results for almost 2 years’ worth of trading. The results are very impressive and show gains at the time of writing this review of almost 2,000%! The draw down is acceptable and the equity curve on a consistent incline upwards. There have been thousands of trades so we have a lot of data to draw conclusions from, the average win being around 15 pips so spreads and slippage should not be an issue. Of course as I always recommend, please use a true ECN forex broker for the best possible trading conditions when using Signal Steps.
Signal Steps Forex Trading System
There is a detailed 1 hour video on the Signal Steps official website which explains the Signal Steps trading strategy that I highly recommend you watch. It gives a lot of information into the rubber-band strategy that is used with many key points provided and you will also be shown how to use Signal Steps and see it in action. Basically, the strategy is using Bollinger bands for reversal trades hence the name “rubber-band” which suggests that the Bollinger bands stretch before price returns back to where it was. Now, you can trade this manually but it is a lot easier to have Signal Steps do all of the hard work for you! Signal Steps is very easy to install thus making it suitable for beginning forex traders, it is fully automated and self-updating which ensures that it is always up to date with the latest market conditions. It trades primarily on the EURUSD & GBPUSD major currency pairs which is great due to there being plenty of liquidity on these pairs and thus lower spreads and less slippage.
Signal Steps Forex Trading System Back Testing
There are no back tests provided on the Signal Start website however we have real live verified by myfxbook results to follow.
Signal Steps Forex Trading System Live Results
Signal Steps Forex Trading System Summary
Overall, Signal Steps although being recently released has been producing great results for a few years now. It is hard to argue with the published real account statistics shared by the developer and the system that is incorporates is completely logical and used by many professional forex traders. The beauty of using Signal Start is you do not need any prior knowledge or trading experience, you simply set it up following the provided detailed instructions and let it do all the hard work for you. Signal Start comes with free updates, full support and even a money back guarantee! Visit the site to watch the Signal Start intro video which I can highly recommend for finding out more about this impressive fully automated forex trading system.