TJ10X Forex Indicator Review

Oct 13, 2021 08:34 PM ET
TJ10X Forex Indicator Review

TJ10X Forex Indicator is an MT4 tool that generates buy/sell signals for all FX pairs. It works on any timeframe and uses the Trend power system which helps identify the reliability and strength of a signal. As per the vendor, the feature helps in better accuracy of entries and exits. Developed by SinryAdvice, this FX indicator claims to help traders hone their skills, observe chart patterns, and react favorably.

TJ10X Forex Indicator

TJ10X Forex Indicator

Type

Indicator

Price

$59

Strategy

Trend, swing, tick trend, fast scalper, scalper

Compatible Platforms

MT4

Currency Pairs

All pairs

Timeframe

Any

Recommended Min. Deposit

N/A

Recommended Deposit

N/A

Leverage

N/A

Trading strategy explanation

Features of TJ10X Forex Indicator.

Some of the main features the vendor highlights for this MT4 tool are:

  • Trend Power-based indicator that uses five different trading approaches.

  • A verified accuracy of 82% for its signals.

  • It does not repaint.

  • Can work on all FX pairs and timeframes.

As per the vendor, this indicator tool is ideal for improving your trading method. Once you purchase the package and download the file, you need to send the details of your MT4 account to the support email of the company. You will get the license key which you can use to set up the indicator and use it. Pop-up sound alerts are part of the features of this FX trading tool. 

With five different strategies,the vendor recommends users choose any one of them as all are profitable approaches. For using the trend power feature, you have to consider the signals that are over 40 and disregard the signals below 40. There is no further explanation of the trading approaches used. The vague strategy explanation raises doubts on the reliability of this FX trading tool.

Backtest data analysis

We cannot find backtesting reports on the official site.While it is true that backtesting results cannot predict future performance, they help traders to understand the strategy and use it better in real trading. The absence of backtests raises a red flag for this MT4 tool.

Live trading data analysis

Unverified trading results of TJ10X Forex Indicator.

Live trading charts are provided by the vendor on the official site. One of them is shown above. The absence of verified trading results raises a red flag. We prefer results verified by a reputed third-party site like myfxbook, FXBlue, and FXStat. With such sites, we can learn more about the trading stats and get a better insight into the strategy’s effectiveness and performance. Details like the drawdown, profit factor, lot size, risk/reward ratio, etc. help know about the risk level and feasibility of using the indicator. 

Pricing

Pricing of TJ10X Forex Indicator.

To purchase this MT4 tool, you have to pay $59. The vendor has reduced the price as its original price was $100. This is a one-time payment and comes with a license key and free updates. A video guide for the use of the strategies and explaining the working of the system is present. We could not find a money-back guarantee option on the website. 

While the price is not expensive when compared to the price of other competitor systems in the market, a refund policy ensures the reliability of the product. The lack of a refund offer makes us suspect this is not a dependable indicator.

Customer reviews

We could not find reviews for this indicator on trusted review sites like Forexpeacearmy, Trustpilot, etc. However, we found reviews for the SinryAdvice company on the Trustpilot site. Here are a few of the user testimonials.

User complaining of the poor-quality indicators.

User complaining about the service being a scam.

From the above reviews, it is clear that the company’s products are not working and there is no refund provided for dissatisfied customers. One of the reviews complains this is a scam site to be avoided at all costs.

Support

For customer support, the vendor provides email addresses and links to the social media pages of the company on Instagram, Facebook, Twitter, and YouTube. A location address is provided and the vendor also has a registration number.  For phone number info, you need to send an email request. 

Review summary

Pros

Cons

  • Five different strategies
  • No proven track record
  • Affordable price
  • No refund offer

TJ10X Forex Indicator promises 82% accuracy of its signals. Our analysis of the features, trading approach and other characteristics reveal this is an unreliable indicator. The vendor does not reveal adequate info on the approaches used. There are no backtesting reports present. Furthermore, no verified performance proof is present for the indicator. With so many shortcomings, we find this is not a trustworthy MT4 tool to use.

Rating: 4/10


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