In this post I will be reviewing Forex Mystery. This system contains a candlestick pattern recognizer indicator for MetaTrader 4 that will show and alert you of candlestick pattern formations on your charts. Candlestick patterns can give trading signals when used alone or with a combination of technical analysis indicators. The reason candlestick patterns are so widely used is that they contain the price action during the present and can therefore show reversals, break outs and trends as they happen. They can also be used to show indecision in ranging markets thus keeping you out of trouble.
Forex Mystery Trading Strategy
Forex Mystery saves you the hassle of studying the charts for candlestick patterns as it will analyse each and every chart that you run it on and alert you when a candlestick pattern appears. You can then check the charts and decide if you will trade that pattern, perhaps cross verifying with an overbought/sold or trend indicator to add confirmation to the signal.
Forex Mystery also includes a guide on how to interpret and use candlestick patterns in your forex trading. This is information useful for every forex trader as candlestick patterns can show price action as it happens. They have been used for years, way before technical indicators were introduced so they generate very accurate signals.
Forex Mystery is not just a candlestick pattern recognizer; it also includes a divergence indicator that will alert you to reliable divergence patterns that can be used stand alone or in combination with the candlestick patterns. There is a guide explaining these divergence patterns and how to use them to enter and exit your trades.
Forex Mystery Summary
Overall this is a useful forex trading system with solid trading principles and useful tools to implement them. It is easy to follow the guides and to setup the indicators. This will give you plenty of trading opportunities that will need good money management principles and trading discipline. It comes with full support and a 60 day money back guarantee. If you are looking for a complete forex trading system then maybe you want to hit the button below to see Forex Mystery in action.