In this post I will be reviewing the AstriumFX Trading System. This is a forex indicator for the MetaTrader 4 trading platform that will give you buy and sell signals by placing arrows on the chart. It is clear when to enter and exit your trades when you follow the arrows and can be used either as a standalone trading strategy or you can use the arrows as an additional filter to your own trading strategy.
It can be used on any currency pair or time frame but I would trade the h1 charts and above to help filter out false signals and to help me catch the bigger market moves. This can also save in trading costs such as spreads and commissions. I would also trade AstriumFX on the major forex currency pairs for plenty of liquidity and lower spreads.
AstriumFX Trading System
The AstriumFX Trading System gives signals via red arrows (sell) and green arrows (buy) on your charts. The indicators arrows aim to tell you if the system thinks the market is moving up or down and you can decide on if you should place a trade or conduct your own additional analysis.
There are built in alerts so a pop up window will be displayed along with a sound alert when there is an entry signal. You can take a signal in the opposite direction as an exit or use your own stop loss and take profit. Again, you do not have to take all the signals generated and can use your initiative and own trading system to determine when to take only specific entries and exits.
AstriumFX Trading System Summary
The AstriumFX Trading System does not require much of your time each day. You can choose to trade it when it suits you as there will always be signals considering it trades any pair and time frame. I would trade the major currency pairs (e.g. EURUSD & GBPUSD) and the longer term time frames (h1, h4, d1)
It is very easy to use and suitable for beginner traders. Money management and trading discipline will be very important. Even the best forex trading system in the world should have sensible money management. Ideally I want winning trades that are greater than the losing trades. It is reasonably priced at $99 and comes with a 60 day money back guarantee if you are unhappy with its performance.