In this post I will be reviewing the FX Delta forex trading system developed by Yordan Kuzmanov who according to the FX Delta website started trading in 2009 and is a student of Vladimir Ribakov’s trading club and systems, many of which I have reviewed here on my website. Use the search bar above to see the reviews of Vladimir’s trading products that I have previously reviewed.
Yordan has developed his own trading strategy because he wanted a strategy that will suit his needs and personality, and this is how FX Delta was developed in 2016.
The FX Delta manual forex trading system has been developed to be used in the hugely popular and free to download and use MetaTrader 4 (MT4) trading platform. You can download MT4 and open a demo trading account to practice trading with a forex manual trading strategy such as FX Delta.
Many aspiring forex traders will practice on a demo trading account until they are consistently profitable to switch to a real live trading account. Just factor in that emotions can be different when trading for real so make sure you have got your emotions in check and always try to have a trading plan that you can stick to.
In a nutshell, FX Delta is a trend based forex system that looks to accurately enter in on market trends and utilise good money management so that you have a favourable risk to reward ratio so your winning trades outweigh your losing trades.
For best trading conditions I would personally be using an ECN forex broker which I find can save me on trading costs and gives me some of the best possible execution speeds and spreads.
FX Delta Trading System
FX Delta works by trying to identify market trends created by financial institutions such as major banks and hedge funds, whilst implementing a combination of other technical analysis to try and distinguish them from weak or false trends. Once the trend and trend direction is established, FX Delta will then try to spot the areas where this trend is about to continue, or when it is about to reverse.
On the official FX Delta website, the developer has provided multiple trade examples, including videos of the FX Delta system in action.
Furthermore, there are examples of currency pairs traded with entry and exit points to summarise the FX Delta’s performance. What is interesting is that FX Delta looks to enter the trend but will also look to get out early if the entry is not deemed correct. This follows the old trading philosophy of cut your losers short and let your winners run. With such a philosophy, the FX Delta system could have a win rate less than 50% and still produce results in the long run if there is a favourable risk to reward ratio incorporated.
The FX Delta system scans trends in the long term time frames, whilst simultaneously looking for market corrections on the short term time frames. The FX Delta software algorithm then looks to pinpoint the ideal market entries – the exact places with the highest probability of trend continuation with minimal risk.
The algorithm uses volume and momentum along with price action to accomplish the trend identification and can be used for both intra day trading as well as long term trading. The FX Delta indicator clearly show entry and exit points so can be used by both novice and advanced traders.
FX Delta also includes email, phone and pop-up alerts so you do not need to chart watch all of the time. You can let FX Delta run and alert you when it finds trading signals on the currency pairs and time frames that you are running it on.
FX Delta Summary
Overall, the FX Delta forex system is a manual trading strategy that needs to be combined with good money management and good trading discipline. It would be a good idea to practice on demo to begin with and perhaps I would focus on the longer term time frames (h1 and above) as they can filter out some of the noise from the lower time frames and catch mid-long term trends – which is what FX Delta is all about – riding the trends! It is simple to use, includes instruction manual, video tutorials, full support, updates and a money back guarantee.