TJ10X Forex Indicator is a product from the SinryAdvice team. It sends signals for all kinds of pairs, and as per vendor claims, helps you acquire the skills of a professional trader. Of course, whether it is truly profitable or not remains to be seen.
You can buy this indicator for the price of $59, which is pretty standard compared to the market average price for indicators. According to the vendor, the true price of this product is $100, but we take this information with some skepticism since there are many vendors who make such claims. There is a small refund window of 14 days for this product, which is quite disappointing. It is not possible to accurately test the performance of the indicator within such a short time span.
TJ10X Forex Indicator trading strategy
After buying this EA and completing the download, you need to share your live or demo account number with the support team and place a request for the license key. Then, you need to insert the key in the input setting of the indicator in order to run it. Finally, you need to navigate to the common tab, select Allow DII Imports, and run it.
As per vendor recommendation, you should only trade when the signal candle is closed since the signal tends to vary for an open candle. TJ10X Forex Indicator works on all pairs and for any timeframe. To use this indicator, you need to choose the signals with more than 40 trend power.
There are multiple strategies used by this Forex indicator. One of them is the swing strategy that looks to capitalize on the small price shifts for larger trends. Here, you need to keep a position open for many days or even weeks. If you are looking to make profits for the short term, you can select the scalping strategy. This is a high-frequency strategy that requires perfect timing and efficiency and it might be too stressful for beginners.
TJ10X Forex Indicator features
The signals provided by this indicator are non-repaint and according to the vendor, they have a verified accuracy of 82%. Of course, we have no way to independently verify this statement and hence it cannot be taken seriously. The vendor provides free updates for this system, along with videos for tutorial and strategy. You can turn on the alert option in the EA settings to receive pop up sound alerts for trading signals.
TJ10X Forex Indicator backtesting results
EA vendors usually share backtesting results for automated trading systems. It is important to test an automated strategy using historical data, to see whether the robot can endure difficult market conditions. However, since this is just an indicator, the vendor has not shared the backtesting data.
TJ10X Forex Indicator live trading results
It is imperative for vendors to share the verified trading results for Forex indicators. Without live statistics, we cannot consider a system reliable. These results reveal important details about a system’s performance, including profitability, drawdown, profit fact, weekly and monthly gains, etc. The vendor has shared some screenshots of live charts on the official website, but they are poor substitutes for actual live trading results.
Without live statistics, we cannot confirm whether the vendor’s claim of 82% accuracy is true or not. The absence of verified results tells us that the vendor is not confident about the live performance of this indicator. This is a major red flag, and most traders would not risk investing in an indicator that is not backed by verified statistics.
TJ10X Forex Indicator reputation
The company behind this Forex indicator is SinryAdvice. It is a Malaysia-based company that has teams scattered all over the world. We don’t know much about the company’s history, and the vendor has not revealed the identities of the developers. Other systems developed by this team include MG Pro EA, Swing VIP, SFI EA, Trend Reversal EA, Forex Mega Trade, Forex VIP Super Expert Advisor, etc.
Apart from the user testimonials posted on the official website, we don’t have any reviews available for this Forex indicator. The absence of customer reviews on third-party websites indicates a lack of reputation.
TJ10X Forex Indicator review summary
- Strategy – 3/10
- Functionality & Features – 3/10
- Trading Results – 2/10
- Reliability – 3/10
- Pricing – 4/10
You should not invest in TJ10X Forex Indicator, mainly because it is not backed by verified statistics. Furthermore, not enough people seem to be using this indicator as of now, as is evident by the lack of customer reviews.
