5EMAs Forex System Reviews
The 5EMAs Forex System uses moving averages in order to "predict" market movements and identify good risk reward opportunities. It claims to use an incredibly accurate formula used by a professional Forex trader and fund manager. This system offers flexibility as it can be traded profitably using scalping, day-trading or swing-trading.
There are 8 free bonus e-books included with this system as well: Keep It Simple: 10 Common Sense Technical Tools, As A Man Thinketh, Secrets of Millionaire Traders, Day Trading Mind, Breaking The Broker Myth, The Art Of War, Trend Forecasting With Technical Analysis.
Very good set of templates & EA for meta trader but largely disappointed with the results as number of false signals arise & when compared to other systems this is the worst!!!!!
Find out more 23rd Dec, 2007
Nice system. It has 3 different exits, so the performance really depends on the exit you choose.
Find out more 4th Jan, 2008
For me, this is one of the best systems on the market. It's more mechanical than most so it saves me some time. It has been working well for me so I have no problems in recommending it.
Find out more 8th Jan, 2008
In my opinion, 5EMA's is one of the best systems. It's easy to understand and works. It's necessary to work on it (to know which exit strategy we should use), but since it's so well written and that it comes with the Meta files, that's not a big deal.
Find out more 14th Jan, 2008
The PDF document is well written and the templates are awesome. The strategy is good but I agree that the exit point could be better explained.
Find out more 3rd Mar, 2008
Great system for beginners. The manual is extremely easy to understand.
Find out more 28th Mar, 2008
5EMA's is a nice system. The templates are awesome. The performance could be better but for me, 5EMA's is a good starting point in Forex.
Find out more 18th May, 2008
A great starting point for beginners. The 5EMA's System offers good manuals, templates and strategies.
Find out more 11th Jun, 2008
Great manuals and templates. 5EMA's strategy works really well. I'm making around $1200 monthly with this system.
Find out more 3rd Jul, 2008
I agree with Zak. It looks good in theory, but lost money when I backtested it.
Find out more 16th Jul, 2008
I believe 5EMA's is a good system. The most complete version works well, and offers good value for the money. Customer support is helpful as well.
Find out more 27th Jul, 2008