Performance:

5EMAs Forex System is a Forex trading system developed by Adam Burgoyne. This system is based on 1 hour and 15 minutes charts and uses indicators like MACD, stochastics, RSI and EMAs.
Although 5EMAs Forex System gives exact entry points, it offers you 3 different exit strategies: EMA20, the divergence or the trailing stop. The exit decision is left to the trader.

Although they have all these different exit strategies, 5EMAs posted a real proof on their website. They started trading using 5EMAs Forex System with a $5,000 live account, and transformed it in $35,872 in 34 weeks but we don't actually know which exit strategy they used...

Price/Quality:

Adam Burgoyne has 2 different packages. The first package includes 5EMAs Forex System, the Divergence System and 8 bonuses. It currently retails for $97. Recently, Adam added a second package which includes the first package plus the 5EMAs Advanced Edition. This retails for $119.

In my opinion, these prices are a little exaggerated. A Forex newbie won’t have any advantage in buying this system as he won’t be able to completely use it because he needs to have solid bases. So, this system is only for advanced traders. Besides this, 5EMAs Forex System gives 3 different exit strategies. The exit of a trade is the most difficult thing. It should be more clear in which situations you should use each one.

Easy to Use:

5EMAs Forex System has 2 different packages. The first package is composed by 5EMAs Forex System plus the Divergence System. This package comes with 8 bonuses, including Metatrader indicators and alerts to help automate the process. The second package is composed by the first package plus the 5EMAs Advanced Edition. The Advanced Edition includes 4 variations of the trading strategy which comes together with its own custom indicator for trade identification.

5EMAs packages are very easy to use and understand. Although, as there are different exit strategies, it can be difficult for a beginner, and even to an intermediate trader, to know what’s the best exit point to use.

Customer Support:

The customer support is absolutely great. Adam Burgoyne and his team are, at the same time, quick to answer but they’re also very nice.

Flexibility:

5EMAs Forex System is composed by a PDF manual, MT4 templates and 8 bonuses. The manual is very detailed and well written.
You have all the flexibility you need because you can even chose the exit strategy you prefer. Adam gives you 3 to chose from. This system also allows you to day trade or swing trade.

Although I wouldn’t recommend this trading system to Forex newbies, the manual can be considered as a good initiation to technical analysis.

Overall Rating:

One great advantage of 5EMAs Forex System is the fact that it is prepared to give you alerts when a trade is near. Whenever this happens, a little box will pop out and there will be a sound indicating the currency pair that is setting up as well as the time the alert was triggered. This can be extremely helpful if you don’t want to be in front of your computer all the time. Once a trade is near, it will make a sound. As for the exit strategies, I keep wondering which one is best.

Key Features

• Uses an incredibly accurate formula (never revealed to the public before);
• Easy to implement;
• It is flexible: it can be traded profitably as a scalping, day-trading or swing-trading system;
• It is perfect for people who do not have time to monitor the markets constantly;
• It uses an exclusive money management approach;
• Easy to use: set of rules that take away the guessing and vagueness common to many other trading systems;
• 160+ pages course;
• MT4 templates.

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