The Perfect Trend System or PTS for short, is a suite of manual trading strategies which can be used on forex, futures, indices, stocks, cryptos, commodities or any other trading instrument that you wish to trade. PTS was developed by Mike Semlitsch who is the owner of PerfectTrendSystem.com. He states that his trading career started in 2007 although claims to have helped thousands of traders to take their trading to the next level since 2013. The Perfect Trend System aims to provide traders with a reliable edge over the market. In this Perfect Trend System Review, we will look at some of the strategies key features to help you decide if it is something that you would like to incorporate into your daily trading activities.
What is the Perfect Trend System?
The Perfect Trend System (PTS) is a predefined manual trading system that combines multiple technical indicators for conducting technical analysis on your charts. It can show possible trade setups for both long (buy) and short (sell) positions. When the indicators on the chart all agree that the market may be heading in a specific direction, users can then decide if they would like to enter the market by placing a manual trade. The PTS signals can also be used to identify potential price levels at which to exit the market.
Mike Semlitsch claims to have spent over 10 years and more than 10,000 hours evaluating, programming and testing every concept that he found about trading. This is how the Perfect Trend System came about. It is based on the primary concept of finding the best possible setups and timing entry and exit point into the market with pinpoint precision. The PTS motto is:
“Jump on trends with a very strong momentum, preferably after the first bigger retrace and then ride the continuation of these strong trends!”
The PTS makes complex calculations on 3 different timeframes to measure the momentum of the trend. It would be quite time consuming to do that manually, especially if following multiple trading instruments. The purpose of this multi-timeframe analysis is to try and find an entry into a strong trend. As the old saying goes, the trend is your friend!
V-Power Trading System
The V-Power Trading System is the most advanced trading system offered and can even be automated. Just keep in mind that when using hands-off automated trading systems, the trading is out of your hands and therefore you should be aware of the risks involved as well as the advantages. With the V-Power system, you can directly exploit the actions of the smart money while you do short term and longer-term trading.
Great Double Tops / Bottoms
Get double top and double bottom signals with divergence analysis to your mobile phone or computer from 33 trading instruments (mostly Forex, Gold, Bitcoin, Dax and 3 other indices) in real-time and with screenshots. Trade Double Tops/Bottoms automatically with an available Expert Advisor (EA).
Magic Entries Within Strong Trends
With this indicator you can enter into strong continuation signals in direction of strong trends. It has the option of alerts, a setup service and an automated solution.
Perfect Momentum Setups
This product contains the PTS-Trend Indicator which you can use on any liquid trading instrument (forex pair, commodities or stock indices) for an unlimited time. Perfect Momentum Setups are entries into possible strong moving trends during the first pullback during the trend. This is a tool that can be used to gain some confidence in the “Perfect Momentum Setups” and to try and master your trading skills.
EdgeZone Expert Advisor
The EdgeZone Expert Advisor is capable of trading automatically and aims to trade in line with the overall trend. Whilst this means you do not need to trade manually, please make sure you understand clearly how it works and remember, there are no guarantee of results using any trading system.
In addition to the PTS manual strategies, there is some free educational material available on the website. These cover subjects such as trading signals, money management and more.
How to use the Perfect Trend System?
It is very easy to use the PTS, which works the same as any other manual trading system. You simply attach the PTS template to the charts that you wish to follow and wait for it to find possible entry/exit points. You can then decide if you want to enter or exit a trade position.
The Perfect Trend System is very flexible, meaning it can be used on any trading instrument and chart timeframe that you would like to trade. This makes it suitable for day trading, swing trading and even scalping.
I personally prefer to trade on the 1-hour charts and above as I find that they tend to do a good job at filtering out the vast amount of noise that can occur on the lower chart timeframes. I also prefer to trade more liquid trading symbols such as the EUR/USD. Increased liquidity can mean trades get executed at better prices and there should be ample market movement to catch some good moves. Of course, everyone is different so you should trade in a way that you feel most comfortable with.
Does the Perfect Trend System work?
How long is a piece of string? There are really too many factors that come into play before we can say hand on heart that yes, this system does work, or no, it does not. Why? Well a lot of the success of using any manual trading system will depend on the individual trader and how they are interpreting the signals. Some traders may cherry pick signals, others may take them all. All traders are likely to be using different money management and have different levels of experience. Factors such as trading discipline and psychology can also have an impact on results.
It may be a good idea to get plenty of practice using the PTS or any other trading system for that matter, on a demo account to begin with. That way, you can familiarise yourself with the strategy and build confidence using it.
Personally, I would want to make sure that I am using a favourable risk to reward ratio where my winning trades outweigh my losing trades. It can be very frustrating seeing 1 losing trade wipe out a long run of consecutive winners. For that reason, I would prefer to shoot for a risk to reward ratio of at least 1:3, where a winning trade is 3 times greater than a losing trade. One of the first principles of trading that I learned many years back was to cut your losing trades short and let your winning trades run. That has stuck with me until this day.
In terms of Perfect Trend System live results being shared by the creator, there is an old Myfxbook account on the official website which has unfortunately not been updated for quite some time. Whilst it does show 1 year of the PTS being used on their account, I would much prefer something that is up to date in order to draw a more accurate conclusion on recent performance.
Perfect Trend System Conclusion
If you are a fan of manual trading, the Perfect Trend System has a range of different strategies for different trading styles. Whether you are a new or experienced trader, day trader or swing trader, there is likely to be a system for everyone to explore.
That being said, there can be no guarantee of results as there are too many variables in play. The PTS is not a simple set and forget system. In my opinion, it will require some initiative on behalf of the trader using it. They will need to decide which trades to take and which trades to avoid. They will also need to plan and implement their own money management depending on their individual needs. It is not a simple, buy when “x” happens and sell when “y” happens.
It is however a flexible and diverse system that can be easy to interpret and used on any instrument or timeframe. If you don’t have much time, you may want to look at the longer-term chart timeframes. If you don’t mind looking at charts all day, then you can use it as a day trading system.
If you would like to learn more about the Perfect Trend System and the different options available, please feel free to head over to the official website by using the link below. You will even find some freebies over there which can give you a brief idea of what is on offer.