Forex signal machine review

Forex signal machine review

By: nordamex On: 08.07.2017

This is an entry for a Forex product called Signals Machine. The official site for this product is at signalsmachine. If you have experience with this product, please leave a short review or comments with your feedback. It will help other users to decide. If you want to submit a Forex product that is not already listed on this site for user comments and review, use the submission form.

If you have experience with this product, please leave your feedback or review below. Help others to decide, every entry helps. So far I am very impressed with the on chart guides and comprehensive inputs Will let you know how it goes. I have never personally heard of Tal Herman until my inbox was flooded this past wk by all the affiliates pitching me his new system, lol! Or get the more deluxe pkg of the signals w the additional handy robot to assist you, again it to seems to be pretty reasonably priced at I like discounts, by HATE stinking upsells and never accept them.

AFTER I started buying and have entered my CC info! To my mind, that gives it a little air of credibility most system and EA sellers lack. And the usual 60 day ClickBank guarantee certainly will help make the sale for those sitting on the fence, myself included! Lastly, I want to thank the Admin for the recent article additions found under the recent posts column I liked reading them and it never hurts to brush up on ones general trading knowledge.

It is a clean product to install and the supplied documentation is clear and understandable. So far, very impressed but it is very early days so will see how it runs this week and next. In terms of upsells, over and above the two options I saw on the website, there is only one more which is a trade cloner package from the author himself.

This does not seem unreasonable to me if he is doing the work and your MT4 is mirroring. Yes, thank you Lee for sharing! I will check back on your follow ups.

forex signal machine review

Also, how much was the trade cloner package? I have manually closed two trades as setup by Signals Machine as they were near TP level but this was at the same time as a news event affecting the GBPUSD pair so closed the trades to avoid volatility. Today there have been 3 completed trades and I have made 46 pips using this package alone.

This trade was fully managed by Signals Machine and I did not intervene. In 2 days I have made 76 pips over 4 trades and no loss trades. My trading with Signals Machine is now 5 for 5. Have now adjusted lot size from 0. Cumulative pips in 2 days is now pips!!! I have done some trades with the Sig machine and think it is good. It actually says it has connected and is waiting for trade but has not registered any trade yet.

Can someone help me out? Yes Joseph, no any trade registered by cloner. The signal come out with Strategy 3 — Extreme Breakout. Look what Tal Herman has said at his Signal Machine Strategy Guide I trade with this strategy every beginning of the month. At the 1st of every month I start trading it. Not pips per trade, but in total!!! You might ask yourself, why pips? Why not or pips??? Well the answer is simple. The second reason is that it is not simple to be intraday trader. During my history, the target or the limit are reached during the first days of the month.

Currently running on demo mode but using strict money mgmt techniques, i. This equates to 1. It is too soon for me personally to use this in a live account. I intend trialling it for 2 weeks and then will introduce onto a live account. This is my first day of running the signals machine plus cloner on a live account. I have had 2 trades, both for losses. I am trading at 0.

I did not realise that once live trading started Leverage inhibits the amount you can trade with. As far as the cloner goes, I spoke with someone from the company this morning, and they have informed me that TAL only trades 2 — 3 a week if he feels as though the market is right.

My opinion of the package at the moment.

I to work with the demo model and did quite well, however after starting the live account, the machine seems to faulter. I trust things will get better. The program in my opinion does not work to produce consistant profits. Most of the signals produced trade as a loss. Hello Traders, Purchased the upsell Cloner and all set up.

TMR data on the upper left corner disappears when the Cloner data on the upper right is on. If this is the case, can we run TMR on another platform to trade separately? Have a message into SM but still waiting. I found the day I purchased this software 17 Jan and yesterday the product worked fine but today has been shocking. I have lost pips today. It would appear this product does not like it when the market is choppy. I will add that you should test it over a range of trading conditions too.

Lee, Assuming your pip trade loss was per TMR and not Cloner? However, did get an email from Tal explaining why there have been no trades the past few days.

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The Cloner just entered my first trade for a loss of 24 pips per SL. Tal did send me an email last night detailed below. I am going to RTFM a few times as it is too early to draw firm conclusions about this product.

Tal here, and first of all I would like to thank you for adopting my Signals Machine into your trading world. I also wanted to advice the manual non-cloner Signals Machine users to be extremely cautious in the next fewdays!

We are no longer at a month beginning and on top of that the market is experiencing a very problematic period. What does it mean practically?

forex signal machine review

The highs and lows that have been broken, quickly retraced. You need to understand that when the market is not clear, and makes many up and down intraday moves, the probability of getting a real true move is low! I really hope that you understand this point, and will allow me to do my job in the best way possible, as I always strive to do. Such a trap, in this current market period, is unfortunately easy to fall into.

forex signal machine review

Another upsetting day…I can understand that the market may be unstable, however when the machine is picking drops when in reality it turns out to be unstoppable highs i begin to wonder. Is it to early to consider refund????? Have you all been trading strategy 3 or the other two? My first trade on strategy 3 was a small loss so I decided to turn it off until the beginning of the month.

Have had no trades on the other two strategies but presumed that Tal has not signaled any as he implied in his email. Does anybody know if strategy 3 works off the EA rather than getting signals from Tal as I was getting loads of trades from S3 which should not have been possible if Tals was keeping to his rules?

Hoping to get some trades next week. Lots of direction changes. Would be interesting to see the results. So far Strategy 3 has been churning out a lot of signals but, because I only take them if the Signal Entry checklist is all positive in line with the user manual recommendations, I have actually only been able to trade 6 signals, 5 of which lost.

I tracked many of the signals that I did not take to see what would have happened.

Most of them lost as well. Last night at 9pm something really strange happened. One account showed a Buy signal and the other a Sell signal. But I did get the email that has been referred to. So how can he expect anyone else to have confidence? Perhaps my interpretation is wrong but, based on my own results with the EA, I am beginning to see why there is an apparent lack of confidence.

This has resulted in loss after loss which is a pity. Here are the details of my trades though I will no longer be using this product;. Some of the trades were manually closed out to prevent further loss or to lock in profits but this was done due to the volatility of the pair over a couple of days this week.

Lee, have you been using strategy 3 as I believe, though I may not be right, that these signals are self generated and not from Tal, otherwise he would be breaking his own rules not to trade the S3 after the first 5 days of the month etc. I would be interested in your opinion regarding this. Hi Lee, Just an observation but in your list of trades on 19th Jan at So when I contact Signal Machine Support I also asked them about 4 trades traded automatic by Cloner which 1 wining and 3 loss.

I received an answwer on my question from SM Support, this is their answer: Signals Machine is a high quality software that has been rigorously tested and operated on live accounts with remarkable success rates.

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Please make sure to apply Signals Machine to GBPUSD H1 chart only, and to use the additional trading recommendations provided on the Strategy Guide and user guide, and to only trade during the recommended hours. We hope this response has sufficiently answered your questions.

If not, please do not send another email. Instead, reply to this email or login to your account for a complete archive of all your support requests and responses.

I am testing other strategies on my MT4 platform too and when I exported the Statement my aim was to remove the non GBPUSD trades via Notepad. This one slipped under the radar! Well spotted though Bob. Ah, that explains it. You have still not said which stategies you are getting losses on? I am still convinced that Srategy 3 trades are EA manufactured rather than sent from Tal,. I purchased the EA package, others have referred to it on here as TMR. I did not pay for the Cloner package from Tal.

Interesting stuff Lee, thank you. I noticed the numerous trade signals and noticed most would have been stopped out. Passed on trading the signals when it appeared they were changing directions quite frequently at losses. What worries me is that I purchased the cheapest option so need to manually process the trade though one of the upsells was to automate this process.

If I had taken this option then the losses would have been greater as the signals would have become trades. For some reason the Cloner keeps taking two simultaneous trades.

Today it made a profit of. I have asked for an explanation of why this is happening. Hi bought it with all the bells and whistles up to now 6 trades 6 losses quarter of my account wiped out,asked for a refund. Trades seem to be occurring during the London session. A little way to go to rein in my losses and the cost of the EA. Oh well there is always hope! Had two more losses this morning. The Cloner keeps making simultaneous double trades.

Not a very good win to loss ratio! The signals seem to be poor. Either Tal is not very good with his predictions or I am inclined to think that the signals are computer generated as it would not be cost affective if Tal and his team were add infinitum sending signals as they would require a monthly fee for such a service. I shall need a refund just to get some of my money back.

Shame, as it was a nice interface to use. Trade 8- 13 closed for a net of Total net of from 7 trading days. Not off to a good start. Will continue to demo this for 30 days and see what happens. This loss would have been much worse if I had just taken the trades as they were offered but after initially just going with them realised that this was NOT a good option. The automatic trades, as someone has already mentioned, generated 2 trades sometimes… why?

Personally I think these trades are computer generated as well. The software is easy to install and looks very nice, with strength pillars, nice graphics etc but I think most people could do a better job just using basic indicators. Luckily I was only demo trading but ag.

Last 7 out of 8 were losers hitting the stop losses. Thanks all for your comments. Perhaps I should take off that pair or see what other bad trades are trending against me. I did add gold and no lost on it yet one day only. Thinking about using this as a indicator to trade opposite.. Hope I am not being cheeky. So far I trade 3 days with the Signals Machine and I am very happy with the results — everyday profits, also some losses but much more profits than losses.

I can only hope it will continue to make profits every day. I bought this several days ago. It I have taken 3 trades with many signals. I put a horizontal bar where the signal said to get in and sure enough all would have hit the SL. The 3 trades I did put on also hit the SL. I am not a newbie and have been trading for a number of years so inexperience is not the problem.

The real problem here is we have all been scammed by this bastard. This system does not work at all and you will suffer loss after loss. Notify me of follow-up comments by email.

Notify me of new posts by email. Privacy Policy Terms of Use Contact Us. Home Forex Trading News and Articles Reviews of Forex Products. Signals Machine This is an entry for a Forex product called Signals Machine. You may also be interested in: Forex STF 4X Cash Compounder Forex Ultimate System Pro Forex Robot Day Trading Robot Tags: Comment by Bob Bridges on January 16, 9: Thanks Bob I am waiting your comment hire, please update how it goes.

Comment by Ali on January 16, 2: Comment by Gene on January 16, 8: Comment by Lee on January 17, Thanks Lee, we are waiting for your Comments. Comment by Ali on January 17, Comment by Matt on January 17, Thank for sharing guys now I always check this place before i get any product.

Comment by Angel on January 17, 3: Comment by Lee on January 17, 7: Comment by Lee on January 18, 3: Comment by Lee on January 18, 4: Comment by Ali on January 18, 5: Comment by Joseph on January 18, 7: Look what Tal Herman has said at his Signal Machine Strategy Guide -: Comment by Ali on January 18, 9: Lee- Are you on a demo or live? Thanks for the feedback.

Comment by Dean on January 19, 1: Dean Currently running on demo mode but using strict money mgmt techniques, i. So far this product has delivered.

Comment by Lee on January 19, 2: Comment by Alister on January 19, 4: Hi Guys, is Signal Machine a Robot or a real person trading? Comment by FX Cutie on January 19, 5: Comment by Phil on January 19, 5: Comment by Alister on January 19, 7: Comment by K-Boy on January 19, 2: Not concerned at the moment but a little disappointed by performance today.

I will update tomorrow with the trade results. Comment by Lee on January 19, 5: Comment by K-Boy on January 19, Comment by K-Boy on January 20, 2: So, there would be days with trades, and days with zero trades such as the last few days. So, your patience is appreciated and thanks again for being an owner of the Signals Machine! Comment by Lee on January 20, 3: Comment by Alister on January 20, 4: The Cloner entered 2 trades one for a loss of 22 pips per SL and other for a win 30 pips per TP.

Comment by Ali on January 20, 5: Update on the Cloner: Trade 2 for a 29 pip winner per TP. IMO, need to give this a chance for a minimum of 30 days. Good luck to all!!! Comment by K-Boy on January 20, 1: Comment by Bob Bridges on January 20, 2: Comment by K-Boy on January 21, 1: Got this EA running on 2 Demo accounts.

Comment by Barry on January 21, 7: Net pips after 3 trading days.

Forex Signals Machine Forex BUY/SELL System for Metatrader MT4 Works on Any Forex Pair, Any Time Frame!

Comment by K-Boy on January 21, 5: Best wishes to all Lee. Comment by Lee on January 21, 6: Comment by Bob Bridges on January 22, Bob, I think Lee he is using Signal Machine Basic not Cloner. I am right Lee? Comment by Ali on January 22, 3: I am glad the problem was resolved. Generally, in order to avoid large losses to your account, you should use low leverage. Please let me know if you have further questions.

Bob Apologies, my fault. Comment by Lee on January 23, 7: Comment by Bob Bridges on January 23, Hi Bob I purchased the EA package, others have referred to it on here as TMR. Comment by Lee on January 23, 2: Comment by K-Boy on January 23, 2: Hi K-Boy What worries me is that I purchased the cheapest option so need to manually process the trade though one of the upsells was to automate this process.

Comment by Lee on January 23, 6: Comment by Bob Bridges on January 24, 1: Comment by jim patterson on January 24, 4: Net is still pips. Comment by K-Boy on January 24, Comment by Ali on January 25, Comment by Bob Bridges on January 25, 3: Revised total net pips.

Comment by K-Boy on January 25, 6: Comment by Bob Bridges on January 27, Comment by K-Boy on January 27, Comment by Peter on February 1, 7: Thanks for all the reviews guys! Comment by Bill on February 1, Comment by K-Boy on February 11, 1: Comment by Duane on February 14, 1: Comment by Gr41 on February 18, Comment by andre on May 7, Hi buddis, been reading all this comments about people not being happy and getting refunds back so just woundered if any one that has thier refund could share the EA with me, well just email it to me at netfinders99 at aol thanks.

Comment by Jack on July 28, 4: Hello everyone, So far I trade 3 days with the Signals Machine and I am very happy with the results — everyday profits, also some losses but much more profits than losses. Comment by Peter on September 23, 1: Comment by Stuart on December 5, 7: Popular Forex Products Forex MegaDroid FAP Turbo Forex Overdrive sRs Trend Rider Forex Brokers. View All Recent Reviews EUxit Binary Trust Method Forex Libra Code Terran Capital Currencies Club Tradeonix Toshko Raychev Profit System Centument Citidel Investment App Phoenix Trading View All Submit Your Entry Topics Forex Brokers Forex Trading News and Articles Reviews of Forex Products Scam Reports Uncategorized.

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