In this post I will be reviewing the Super Commando Forex System which has been developed to be used in the popular and free to download MetaTrader 4 (MT4) trading platform. MT4 is available from most of the best forex brokers worldwide and in my opinion an ECN forex broker will tend to have the lowest spreads due to their large liquidity pools (LP’s) as well as lower commissions and good execution speeds. These factors can tend to save on trading costs and ensure you get the decent trading conditions.
The Super Commando Forex System is super simple to use and thus suitable for any level of forex trader from beginner to professional although I am pretty sure the pro traders amongst you will see this for what it is – an extremely basic manual forex system not much different from using a few default MT4 indicators! There is nothing innovative about it and I do think that the developer went too heavy on the claims they have made. t almost gives the impression that this forex system will guarantee good results but we all now that is not the case. If years in the forex industry have taught me anything, it is that nothing is guaranteed and there are always significant risks involved. Just go careful when using this or any forex strategy, practice and learn as much as possible.
Super Commando Forex System
The Super Commando Forex System is very easy to use with its colour coded indicators. You simply load the template onto any currency pair and time frame that you wish to trade.
The Super Commando Forex System will then scan the charts for trading opportunities and alert you when it finds them which saves you having to chart watch all of the time.
Whilst the Super Commando Forex System is very basic, you would need to have good money management and trading discipline to get the best out if it. You will need to have a solid strategy when it comes to deciding where you will place your stop loss and take profit levels. I would personally look to cut losing trades short and let my winning trades run. I may even lock in good trades at breakeven point and trail the reminder of the positions with a trailing stop to try and maximise each move.
This forex system is versatile as it can be used for scalping, day trading, swing trading and even for holding positions over the long term.
In fact, if you want to save yourself some time and money, I think the MT4 indicators such as moving average, stochastics, macd, etc are just as effective when used correctly.
I am pretty sure that the Super Commando Forex System is using default indicators and displaying them in a different manner. But again, I reiterate, that does not make it a bad system, it all depends what you want to get out of it. I also think they are charging for something that you could probably create yourself using the basic MT4 technical indicators.
On the positive side, audio popup window alerts are also included. When there is an opportunity, you will be alerted with the signal, currency pair, time frame and time that the signal got released. When you see an alert, you can decide if you want to take a trade or wait for the next signal to come along. This can save time from needing to constantly watch the charts and wait for a signal to appear. You can simultaneously follow multiple charts and timeframes to get alerted on all of your favourite trading instruments.
How to use the Super Commando Forex System?
The Super Commando Forex System has been developed to run in the MT4 platform. It comes as a trading template along with built-in indicators that you can apply to your chosen chart symbols and timeframes. You can use the default settings or adjust them according to your own needs. I would certainly practice on a forex demo account to begin with and only use this manual forex strategy as supplementary indicators to my own market analysis.
Super Commando Forex System Summary
Overall, the Super Commando Forex System is an entry level manual forex trading system that uses basic indicators although it is flexible to suit a range of different trading styles.
I would certainly add my own additional analysis to filter the trading signals that it generates whilst I would try and maximise the moves with a break even to lock in profits and a trailing stop loss to ride them until the end.
Perhaps practice with Super Commando Forex System on a demo account to begin with to see how you get on.
If you find that it is working well, you could always implement it within your own trading strategy to help you achieve your individual trading goals or even use it as a standalone forex system. There are many ways in which the Super Commando Forex System can be used, so it is important to try and see if it can work for you before making any commitment.
To be honest, I think that this is a basic forex strategy, and I do not think it is much different from a trading strategy template that you could build yourself in the MetaTrader platform by simply using the default technical indicators and drawing objects that are included within the platform free of charge. If you want to learn more and get the Super Commando Forex System download you can visit the website by using the link below.
The Super Commando Forex System comes with full support, instructions, indicators, templates and a money back guarantee. I think you can find a better manual trading strategy that implements fundamental and price action analysis alongside technical indicators. I also feel that forex traders should spend time learning about different indicators and how they work, so then they can create their own manual forex strategies that are more suited to their own individua trading style because everyone is different in that sense.
Super Commando Forex System
$97
Pros
- Versatile Trading System
- Manual Forex Trading System
- Multiple Currency Pairs
- Multiple Timeframes
- Full Support
- Detailed Instructions
- Money Back Guarantee
Cons
- Quite Basic Forex Strategy
- MetaTrader 4 Only
- Takes Time To Learn How To Use
- Requires Some User Initiative
- Not Very Innovative
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
