The views of the reviewer on 17 July 2008 mirror my thoughts almost completely. I'd rate it higher simply because of it's performance and track record relative to other systems. Adjusting methods during drawdown is always concerning for me, too. I'd suggest anyone considering this sytem shoul Auto-trade it.

The system looks good on paper, but it is almost impossible to trade in reality (unless you autotrade). Many signals are entered late in the evening US time (in the middle of the night in Europe), making it hard to manually follow the system. The vendor enters stops and take profit limits with every trade, but then frequently changes them, often at the last minute when the price nears the stop level or the trade is re-entered immediately after having been stopped out. This has led to me being stopped out in my own trading on several occasions, only to find that the official system record is still in the trade. More worryingly, the reaction of the vendor to the recent drawdown was to announce changes to the system in order to "make back" the losses.

Pros: Vendor uses stops and take-profits consistently; signals easy to follow; system not sensitive to slippage; suitable for trading in smaller (sub $10K) accounts. Cons: Three out of four systems offered by this vendor experienced severe (40%) drawdowns, leading to concerns about overall trading style and risk management by the vendor.

I've been subscribed for 2 months. This is a serious trader. Always uses stops. Not afraid to close a trade if it isn't going as expected. Good communication about the trades. There is usually ample time to enter the trades.