Richard Samuels is the trader behind the Forex Neutrino signalling system. I hadn’t heard of Richard before and I’m guessing you haven’t either.
So I dug a little deeper and found out that Richard had studied Forex from master traders like:
- Billionare Forex mogul Bruce Kovner (the former NYC taxi cab driver who borrowed $3000 and turned it into a multibillion dollar fortune).
- Richard Dennis, who’s meager $300 investment grew to a $150million
- John Henry, considered one of the greatest systems developers and traders of all time. Henry was an Arkansas farmer before he took to the forex markets, now he owns the Boston Red Sox and his own NASCAR team.
Given the solid track record of these Forex Trading legends, it looks like Forex Neutrino could pack a punch.
Make sure you subscribe to our newsletter at the top left of this page as we’ll be sending out a review of Forex Neutrino shortly after it launches… hopefully it will be early enough so that you don’t miss out on their limited (600 only) launch on the 19th January 2010.
UPDATE 23/01/2010: Well, after grabbing a copy of Forex Neutrino to review I loaded the Indicators and Expert and did a few test runs. Here are my findings:
- The signals actually looked quite good for the small time I had it running. Out of 50 signals to buy and sell only 4 of them would have ended in a loss (see some of the signals below). The only contra to this is that there didn’t appear to be any clear money management rules or other entry criteria. If you decide to use Neutrino I’d advise you have money management rules of your own that you can implement and run in conjunction with the signals.
- I back tested the EA (an optional addition to the original system) across 2009 and it made just over 30 trades during the whole year, ending up $500 on a $10,000 account. Note, however this was on the default settings, so you may be able to enhance these results:
- There are a couple of other add ons that you can get, namely a Neutrino Booster and another system called Omega.
All in all, it looks okay, but may be better suited for the more experienced trader.
I am asking you to test the Neutrino with adding Bollinger Bands -20. See if the buy and sell
marks are on the upper and lower Bollonger bands
Hi V.Monk,
I just ran a quick test to see and only sometimes was it hitting the BBs, sometimes it would shoot over them and others it would hit the Moving Average with a signal. Do you have a reason for testing this theory?
I have a Super Indicator so named that I obtained 1-2 yrs ago. It gives buy and sell signals.
I read another method of trading with BB. so I Placed the BB on the same chart. The
signals appeared at the apex of th BB, high and Low. Indicating a change in direction of the trend. INeutriono appears to be the same type of indicator, follwing BB with aslightly differant
alogrithum caclulation