There are 3 brave souls battling it out in the Best Forex Trading System contest for May, but only one of them can be the winner. It’s all in your hands!
At stake are a bunch of prizes, such as a homepage badge for a whole month and a lifetime entry in the Hall of Fame of Past Winners. Aside from that, the winning system gets to be backtested and graded by yours truly.
Take a look at these promising systems and vote for the one you think is best:
This system has already bagged the crown last month but there seems to be no stopping it from getting a back-to-back win!
It uses the 200 SMA and a couple of new indicators, namely the Barry Support & Resistance and the Super Trend. The system got a pretty good score from me last month but it could change, as I plan to test it on a different pair if it wins the contest again.
Forum member littlebopip nominated the system after finding it easy to learn and implement. With it simply using just a set of moving averages and very simple entry and exit rules, I couldn’t agree more!
The owner of the system, trading801, applies it on the 15-minute chart of EUR/USD. However, he says that it works its magic on other pairs as well. Give it a try!
Last but not the least, is the Hybrid Scalping System, which has been nominated by eddardstark.
There are quite a handful of elements in this system. Heck, according to its creator, the Hybrid scalping system is a combination of systems within a system!
First, there’s the Ichimoku system. The creator also pays attention to TMS (Trading Made Simple system) as well as the Steven Hopwood 10.2 System, and good ol’ price action.
If you’re looking into trying out scalping, this system may just be perfect for you!
There you have it, folks! Those are the three systems running in contention for the Best Forex Trading System for May. The polls are now open! You can vote for your favorite system until midnight of June 10, 2013. Which one are you rooting for?