Trend Signal is a company providing indicators and strategies that help in successful Forex trading. The company claims to provide key trading tools that give precise market trend info that is required for successful performance. This service includes a comprehensive package consisting of strategies, indicators, seminars, and training.
As per the company, it recommends traders use its easy and rules-based trading approaches and scanners for identifying the right trades. There is no mention of the price packages on the site. Instead, we can see an online contact form which will probably get you all the info you need about the pricing.
Trend Signal Trading Strategy
As a company focusing on FX strategies and indicators, this service provides training and courses for its clients for learning to use its strategies. As per the info on the site, the sniper strategy can help in placing accurate trades. The vendor contends that all the approaches used by the company are tested and optimized to work on FX, commodities, shares, and indices. The main focus of this service is the training it provides which includes one-to-one coaching as well as seminars, webinars, and more.
Trend Signal Features
According to the website info, the company helps traders acquire the skills they need to succeed in the market. It claims to use simple but powerful strategies, comprehensive training, and full support for learning trading skills.
As part of the trading course, subscribers to the service get to learn about trading Forex, Indices, Futures, commodities, and shares. With the trading strategy feature, the company provides proprietary strategies and webinars on using the strategies successfully.
Trend Signal Backtesting Results
Although the company has been in the field since 2003, we cannot find backtesting reports, which is puzzling. Despite the vendor claiming that the strategies are powerful and time-tested, the lack of strategy tester reports makes us suspicious of the reliability of the company. Traders who want to test a strategy’s effectiveness use the backtests. Despite the tests being based on historical data and not predictive of future performance, traders use it to know about the trading approach.
Trend Signal Live Trading Results
Similar to the absence of backtesting reports, the vendor does not provide live trading results. The lack of transparency concerning the performance raises a red flag. We prefer trading results verified by sites like myfxbook, FXBlue, etc. as the results and stats provide important info about the performance and approach. The risk management and other pertinent details can be known. Without the performance proof, the company appears to be mainly a training site instead of a provider of strategies and indicators.
Trend Signal Reputation
Founded in 2003, this service claims to be developed by the collaborative effort of several traders and developers who have a collective experience of more than 90 years. The About Us section provides info on the team members, which include Jerry Miller, Adrian Buthee, Zoran Vucenovic, Sam Lewis, and more. Along with images of each of the team members, their expertise and quote are present. The company provides location information and a phone contact besides providing an email address for support.
We found 32 reviews for this service on the Forexpeacearmy site with a rating of 2.73/5. Here are a few of the feedback from users.
From the reviews, we can see that the company does not offer successful strategies as one of the users ended up with bad trades and big losses. Another reviewer states that the price package is too expensive and not worth the result. From the feedback, we can see that the service does not provide reliable strategies or indicators for traders. With a high number of negative reviews, it is clear that the service is not a reliable one.
Trend Signal Review Summary
- Strategy – 4/10
- Functionality & Features – 4/10
- Trading Results –3.5/10
- Reliability –4/10
- Pricing –4/10
Conclusion
Trend Signal claims to empower traders with the expertise and methods that can make them succeed in their trading. Unfortunately, the company does not provide proof of the efficacy of its indicators and trading approaches. There are no backtests and verified trading results which are vital for testing the effectiveness of a system. Furthermore, the negative reviews reveal that the claims of the vendor about the powerful strategies are not true. The vendor does not provide info on the price packages. With so many shortcomings we find that this is not a dependable service. This company is more of an average educational portal instead of a successful signal provider as it claims to be.
