itsignal.com Review

ITsignal.com appears to have closed down. The phones are disconnected and the software does not function while who operates this service continues to charge credit cards for the service - this is now I believe a long term scam

2007-12-14 2 Stars
Review: Update review from last comment - I continue to assess the service. I identified several faults on basic indicators and there are still more. The system has been built around providing auto-signal arrows to trade. The arrows are not as precise as one wished. But auto trading never is - its the odds game. The rest of the indicators have been considered after the event. The data-feed is charged for because it provides the signal. The software can be used to package up your own signals also. There are other services now with software that can do the same. They are trying their best and use FX but check out this stance from a FX software platform that charges. I perceive it is software being improved. I still use it because the alerts cover all currencies so its easy to pick whicy currency to monitor and which to leave. Since my last comment they lose one star.

Again for those starting out, as the last person stated, it is a disappointment because training is not dedicated as one would hope. But then who wants to learn from one source. Best to learn yourself I always say. These guys want you to learn their system. Better to learn your own.

Q1. Can fixed levels be inserted into an indicator without having to insert a line and freeze it? (i.e. momentum auto inserts '0' line at the moment). E.g. It would be handily to be able to insert say 70 & 30 on Williams or -100 & 100 on CCI etc?

A1. At this point we do not offer the ability to automaticall add a 70 and 30 line for the Williams indicator or 100 and -100 for the CCI. We are constantly striving to improve our products and will take your comments under review. We have added your comments/request to our client suggestion box, but these things take time. We will contact you should these suggestions be incorporated into the charting.

2007-02-21 3 Stars I have been testing their data-feed and system for 2 years now while trading otherwise on other systems. Their system is designed to "manage" the client into auto-trading with their 'Robot-System' trading platform. Its one way to trade, not the best, but offers signal arrows that pop-up when a trade might be probable or best to consider taking. They have mentoring and video support - so for beginners its one way to learn with the support of signals. For the company I guess its hard servicing and supporting beginners so in that respect they do a good job. Most of the basic indicators are supported. I asked for volume and Money Flow Index and they said one day it may come. Their system supports two independent broker platforms that work via the 'Trade Robot'. So if you are lazy, do not want to learn and educate yourself on FX trading proper, want to trade with probability and no emotion, then the 'Robot' may be of interest. The training is designed to get you into relying on their service of course. Its probably a good place to start and if you are more advanced the platform offers you heaps of options to configure and set-up your own programs and indicators etc. Not a scam - the guys try their best - the company seems to be expanding and do well - but do not expect to learn advanced trading here at the moment.