In this post I will be reviewing Signal Steps automated forex trading system. This automated forex trading system incorporates what is known as a rubber-band trading strategy. I would be using an ECN forex broker for the best possible trading conditions when using Signal Steps.
Signal Steps Forex Trading System
There is a detailed 1 hour video on the Signal Steps official website which explains the Signal Steps trading strategy that I highly recommend you watch. It gives a lot of information into the rubber-band strategy that is used with many key points provided and you will also be shown how to use Signal Steps and see it in action.
Basically, the strategy is using Bollinger bands for reversal trades hence the name “rubber-band” which suggests that the Bollinger bands stretch before price returns back to where it was.
Now, you can trade this manually or have Signal Steps do it for you, minus the human input. Signal Steps is very easy to install thus making it suitable for beginning forex traders, it is fully automated and self-updating which ensures that it will try to adjust with the latest market conditions.
It trades primarily on the EURUSD & GBPUSD major currency pairs which usually have plenty of liquidity and thus lower spreads and slippage compared to some other currency pairs.
Signal Steps Forex Trading System Back Testing
There are no back tests provided on the Signal Start website however we have real live verified by myfxbook results to follow.
Signal Steps Forex Trading System Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Signal Steps Forex Trading System Summary
Overall, Signal Steps incorporates a completely logical system that is used by many professional forex traders. The beauty of using Signal Start is you do not need any prior knowledge or trading experience, you simply set it up following the provided detailed instructions. Signal Start comes with free updates, full support and even a money back guarantee! Visit the site to watch the Signal Start intro video to find out more about this fully automated forex trading system.