MT4 High Probability Forex Trading Method Paperback – 4 August 2016

I am beginner forex trader this book really helps me well with trade system, how to enter exits many more worth a try

After reading many books on forex, finally i found this book on forex. Mr. Jim has given his experience in forex trading with simplicity. anyone can understand about forex markets by his this book and other books. Also he supports anytime with his big knowledge to whom buy and read his book. If you want to know forex without reading lot ,,, it is simple good book for forex. i will recommend this book for sure...

I have finished reading this book. This book outlines a method that looks to produce a high probability as well as a high risk-to-reward ratio way of trading the forex market. The real advantage of this book is that the author has provided the custom indicators he uses as a free download. I plan on using the method outlined in the book to trade on the 1hr timeframe. The author covers the use of the indicators, highlighting the pros and cons, as well as money management. There's a good discussion on various ideas regarding management and exiting your trades.Overall, I highly recommend this book!

super book !!!!!!!!!

It is best book written in very detail specially to the freshers along with best EA also provided. It is the best forex trading book I have ever seen.

This is a very good book, well written in easy to understand no-nonsense language. I’ve spent a small fortune on training and using other software system strategies, but this one works for me - at a fraction of the price! The trading system is simple yet very effective. Don’t enrol in expensive training packages, without trying this first. Highly recommended for new or experienced traders.

First of all, I have to say that I went through lots of books, methods, indicators and so on.Jim Brown is in here going straight to the point, explaining in detail which indicators he uses on MT4, and how he uses them on which timeframes to find good entries and how to exit in profits.This is not a get-rich-quick scheme but more like a solid new method that you can add to your portfolio to make more profits if you are willing to follow his steps and recommendations. All indicators can be downloaded when purchasing his book and his YouTube channel also gives great content about his method and he provides trade examples on real scenarios.I really recommend it to anyone who is already a bit familiar with trading on MT4 and trading in general.All in all, a great purchase and recommended to anyone who wants to learn one more solid trading method!

Great experience shared! Appreciate it!

I love Jim Browns books - There are a lot of positives - the big one being that if you are new to Forex then his introductions are probably the best that you will get with regards to learning how to trade and how to set up your own trading algorithm. So if you are new to Forex then definitely buy his books - for the price you cannot get a better start in the game! There's probably more info here than any of the $1000 training courses you find in the Forex world. For that I would give his books 5 Stars. As an intro its great but s a workable trading solution that's where it might fall down...In Forex there are 4 ways of trading - 1. Fundamental. 2. Technical with Indicators, 3. Technical using pure price action, 4. Some kind of mix of one of the above.This book is a Technical with Indicators book - which is the way I am setting up my trading. I'm a big fan of the No Nonsense Forex podcast (probably the best free Forex training product on the planet - go search for it) and that way of trading is the same (trading with indicators). I had read Jim Browns books and then moved onto the NNF Podcast. In the podcast you are taught how to use an algorithm but he doesn't tell you what indicators to use to get your algorithm set up - you have to search that for yourself. He spent 10,000 hours searching for the right set up and he is in no rush to give away his secrets. Like they say if its for real and makes good money why would you sell it?Which brings me back to this book and my search for the perfect algorithm. This MT4 book comes with a few interesting indicators and a great template to help set them up. So I decided to start my trading journey by setting up my charts this way and back testing. If this book is so popular I figured this would be the perfect baseline set up. If its profitable then great, if not then its a baseline I can compare other algos to.Unfortunately spending weeks back testing these and different variations of algorithms with these indicators I have only been able to come up with a win rate of around 50% using all Jims parameters. If I drop everything but the QMP and MACD Platinum indicators then I get a hit rate of just under 60%. This seems great - thats a Holy Grail percentage right? But when I look at the results I find that in almost every case the QMP and MACDP would get me into the trade very late and my profits would be limited. And they might not cover my losses.In comparison if I simply used a basic Moving Average crossover system or a Kinjen indicator with a crossover entry then my percentage jumps up to 62.5%. Not much of an increase but the MA13 or Kinjen gets me into the trade a lot quicker and would potentially give me higher profits. Testing the Kinjen along with the QMP (dropping the MACD) gets me 60%.The one good thing about these indicators and this book is great for getting you started in the world of indicator and algorithm trading so I would definitely buy it, but you might have to do a lot of testing before you can be confident you can trade profitably with it.On a final note why is it when people review FOREX books they say how great the book is but never tell you if they are profitable. This book has over 400 reviews - and his others have almost as many - but none of those reviews tell you if they made any money. Isn't that the point of a Forex book? Making money? So people reviewing Forex books: Please state the results of using the system - good algo?.... profitible?.... Not woth bothering with... Whats the percentage hit rate? Whats the drawdown? Are you making money consistently from this? Over 400 reviewers out there and no percentages or profits?So to summarise - this book is an awesome intro to the world of Forex and algo trading and I would highly recommend Jims books and videos but you might need to search for better indicators to create a profit. (note to previous reviewers - please edit your reviews and let me know if I am wrong).

This book is a good guide to all. The author enlightens tips and risks. The most highlight phrase in this book that called my attention was something like: " if you are no proficient, don't even try it". Jim is very clear showing techniques to filter and warning when is better to go in or go out. It's worth !