- June 2015
- Posted By Ninoslav
- 0 Comments
If you use any forex trading platform to conduct trades, you might have been looking for a forex signal provider that could send you high quality alerts on the current forex market conditions. So, are there any services that can do that while maintaining the quality that you expect out of such a service?
Trustworthy Signal is a forex signal service that was developed by an entire team of professional forex trading statisticians. These statisticians produce forex signal alerts that are derived from their own, original highly advanced statistical models on the forex market. Thanks to this, Trustworthy Signal provides, well, information that’s trustworthy enough for traders who want to start trading smart.
Trustworthy Signal focuses on specializing their talents in the United States and European financial markets. The experts there monitor and track these markets, keeping a careful eye on first identifying and then manually taking advantage of ‘high quality’ trading opportunities that might appear in the market.
This ‘careful eye’ of theirs allows them to take advantage of quality trading opportunities like boosting the best possible reward to risk ratios.
Features – General
Trustworthy Signal also focuses on tracking ‘instigate positions’ that are typically based on trend trading; they also track retracements to find any other entry opportunities for traders. Due to this, Trustworthy Signal has ‘refined’ their current statistical models to help traders identify reversals and trends in a much more accurate way.
All of this is a part of their strategies that they use to help traders find high quality entry and exit points for new and existing trades. They have even indicated that traders who use Trustworthy Signal end up achieving ‘great success’ using their manually crafted alerts.
Trustworthy Signal currently expects their subscribers to collect at least 12 percent in average monthly returns after using their forex signal alerts. While other forex signal providers use automated software, Trustworthy Signal remains a mostly manual forex signal service. Subscribers have to manually activate their positions on their supplied software.
Features – Performance
According to recent performance test data from forex experts, using Trustworthy Signal to provide data about current market conditions results in traders gaining about ‘equal’ performance results on both long and short positions.
The performance test data tested a smaller amount of trades between long and short positions; as a result, most of the trades that were conducted finished in the money. Averages for both wins and losses are close in value.
The win-loss ratio at Trustworthy Signal is about 73 percent; the reward-risk ratio is 0.67, while the expectancy value (return) is $0.67 to $1 USD.
Trustworthy Signal provides a simple way for traders to get more information about the forex market before they conduct trades. Although the performance data does indicate that the platform might have difficulties generating consistent profit streams in the future, it’s still recommended to try at least once if you’re serious about trading smart.