In this article, let’s look at the performance of Agimat FX 2020 signal provider in a live example. Below is the 4H chart of GBP/CHF showing the four confirmations of a buy signal from Agimat FX 2020 indicator:
- Blue Arrow – This indicator tells a possible reversal when a peak or trough has been reached. This indicator repaints because no indicator can predict whether a price pattern has reached its peak or trough with absolute certainty. This is not an indicator to enter a trade but only one of the four confirmation signals. Unfortunately, the algorithm of how this indicator appears is not disclosed.
- Yellow Box – This is the second confirmation signal. Once established and upon closing of the candle, this yellow box will not repaint. This indicator becomes stronger and more reliable if it appears shortly after a blue arrow. Similar to the blue line, the algorithm for this indicator is not disclosed.
- Blue/Red Heiken-Ashi Candle – If the trend is upward, the third confirmation is a blue Heiken-Ashi candle otherwise (in a downward trend) red Heiken-Ashi candle. Check this article from Investopedia to know more about Heiken-Ashi Candles.
- Maxwells Equations – The last confirmation indicator is the Maxwells Equations or the possible direction of future price. You can see from the graph below that the current value of the Maxwells Equations is above the line and above the zero value.
As with any indicator, nothing can predict with absolute certainty where the price will go. Agimat FX 2020 is one indicator that when followed increases your chance of success. It is traded in 4H or D1 timeframes thus the possible effect on the price is roughly between 2 to 10 days.
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As this is a live example, let’s look at the price movement again in the next few days and see if it really followed Agimat FX 2020’s buy signal.
Update July 10, 2020 – As of today, the GBP/CHF has gone up by a small percentage only compared to June 23, 2020 levels.
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