I have purchased a number of systems from Elm Trader and have been really pleased with the results, but their latest World Markets Trading System 1 is excellent. 100% sucess last month with a fantastic return.
This is the most useless system I have ever tried. You have to fill in the markets (12) every day so if you away for two weeks you may as well give up or spend hours filling in the indices. Trading results for the past two years (2010 and 2011) shown are statistically not better than throwing a dice.When queried on this subject reaction was unpleasant. Bad service, even hostile. Beware. if you buy it and do not like it you can't get your money back and there is no trial period. Avoid like the plague.
Would highly recommend Elm Trader and their systems. Have made a return of over £500 (120%) in the last 4 months so very pleased.
I have had a very positive experience using Elm Trader's German XD1 System.
Since July when I started the results have been excellent with 46 wins and only 19 losses. Would not hesitate in recommeding their services.
The product UK Index XD1 2010 from Elm Traders is a con. If you put any figures in each column you get the same results on each day. IE. If the previous days figures of High 5000, low 4000, Close 4900 and you put High 7000 Low 4900 Close 6900 I get a down, I have done over several days with rising number ands falling number and you get the same result.
I am trying to contact them but they will not reply.
I have now reversed engineered the product and found that a hidden column has UP or Down and no matter what you put in that the results will be the same
Don't wast your money. I am going to take action via PayPal to get my money back, I will keep you posted
I have had a good experience from Elm Trader. The customer service is always quick to respond and answers the questions I have.
I have also found their systems to be solid and profitable especially the UK FS2 2009, UK XD1 2010 and Forex FSX3.
Please dont consider buying anything of their c***. I bought one of their daytrading systems. I think it was called DT Oracle or something like that. Its a simple moving average crossover with ADX as a filter "to keep you out of a sideways market". The system is total c*** and certainly does not work. Yes, you might catch a big win here and there (just like with any trendfollower) but you get killed in choppy markets and no the ADX doesnt prevent you from that!
The performance they state on their website is a total lie and when you ask them how they come up with those performance figures, they cant even tell you. They say something like "its a mix of the DOW, ES and DAX" bla bla bla!
Total scam, stay far away!
i bought one of there systems 3 yrs ago.it was overpriced nonsense based on a basic moving average crossover.bad customer support.i dont believe the hype about the performance of there systems.
it is a system where they provided you with a Excel Spread sheet with provide month end currency trade. (you would need to have your own end of month currency Info) You then go to a betting website which they recommend then you trade according to the details provided on the spread) I purchase Forex trade - they use betonmarkets.com using the forex tag and bull and Bear tag you make a trade.
Customer service Rubbish
System -not really used it as I was concern that you could you make from the bet is not worth betting on eg I want to make