Well guys, this is my first post around here, so greetings to all of you and thank you for this forum. Thanks to this place I already increased my forex knowledge a little bit.
I dont think its healthy to create confilcts because of opinions about this system so I just wanna peacefully express my opinion since I bought this system 2 weeks ago.
I bought the entire package including the "advanced module". If you go throughout independent review sites of forex systems, in general, the 5 emas is considered by several traders and analysts around the globe as one of the best commercial systems around, I guess that can be a good beginning. As we all know systems are subjective towards their usage, a system which is good for me might be not good for you. Once I bought (I appreciate that you erased the links of copyrighted material I really disagree with piracy) the KISS systems, they have forums, lots and lots of people speak about KISS system almost as the holy grail...Well, I asked for a refund when I looked into it, because I really dislike the early morning breakout strategies for the GBPUSD, I hate it, really, but it works for many people (maybe??). Fortunately customer services were acceptable and I promptly got my money back.
Now back to 5 EMAS, maybe its good for me and not so good for you, I dont think the system is junk. 2 weeks I made 150 pips and lost 70 pips so I am still up 80 pips. Which for 2 weeks is ok, and this system needs practice in order to spot the false signals. Actually, the advanced module contains a custom indicator which really helps filtering out the false trades and I use it instead of STO (5,3,3) on the H1 chart. So far, so good. Lets hope it stays this way. But, at the end of the day, you are the one who goes fishing, you can find a tool that suits you, but no tool will fish for you. THERE IS NO HOLY GRAIL!!!!!!!! FORGET IT!!!!!!!!!!!!!!! But, if you find YOUR tool, shape it until you feel its yours, then use it. Results will come. Practice practice practice, discipline discipline discipline.
If you want something to do the work for you... Then, forget about forex, and try to go to Norway as asylum seeker or something, you might get nice subsidies for doing nothing.
Once again, thanks for this forum and good luck to all of you traders!