MB Forex System

[ForexExpert]

Hi , this is a new system from Mostafa , hope someone can share :

 

http://www.mbfxsystem.com

Edited February 23, 2011 by hermanhess
please enclose all liknks in code tags

[hermanhess]

seems fishy, Belkhayate is a world renowned trader, seems odd he would sell an fx system for $97 are you sure its the same Belkhayate? Might be a good idea to contact Mr. Mostafa through his company and ask him if he's the proprietor of this mbfxsystem.

[scwon]

This system looks too simple to work.

[soundfx]

Hi Guys,

 

I thought I recognised this indicator as being a variant of the "Center of gravity" indicator.

 

Here it is:

 

http://www.multiupload.com/GMZYPSKVMK

 

Trading Rules as helpfully described on the website :)

 

Buy when price is near Green lines

Sell when price is near Red lines

Close trade when price is near Blue line

 

These examples are for GBPUSD:

1m chart aim for around 5 pips min.

30m chart aim for around 30 pips min.

Daily chart aim for around 150 pips min.

 

 

And screenshot:

 

http://img821.imageshack.us/img821/3387/cofg.jpg

Edited February 24, 2011 by soundfx

[⭐ yakka]

Yes, i thought the same thing, be careful though it repaints badly.

 

yakka

[Hagar1713006266]

yet another scam system - who would have guessed !!!

[soundfx]

Hi Guys,

 

Yep - a total rip-off site selling an indicator available elsewhere for free and I suspect nothing to do with Belkhayate.

 

Even though the indicator does repaint, it can have some merit in backing up signals where Bollinger Bands are getting to the extremes and can help us trade those reversals.

[robotfx2]

anyone share full version ???