Today I’m looking at a new Forex trading system promising to beat the Forex market 93% of the time, Signal Steps. The developer of this service is Lance Hunter, and his system is built to grow traders accounts exponentially using a simple rubber band strategy. It’s built for any level of trader, even the risk averse and there is a no hassle, no questions asked 30 day moneyback guarantee.
I’m unable to find the address or the location of their head offices, but support can be contacted via support@signalsteps.com. For all Forex trading system reviews, go here.
Contents
Signal Steps Review
The sales page for the Signal Steps service consists of an hour-long YouTube video, a my FX book account and the order page. Personally, I prefer readable content that allows me to go up my own speed, but I guess I’ll have to make my way through this video because there is no other choice.
In the video, we are told that this is different from other systems because the strategy is “thoroughly tested and intelligently designed.” They provide almost 2 years of verified proof and don’t rely on actors, movies or hype, which is something that I appreciate.
Breakdown:
- Type: Automated Signals
- Price: $497/license
- Strategy: RubberBand
- Timeframe: M15
- Pairs: GBPUSD
Lance Hunter
I have very little prior experience with the Signal Steps developer Lance Hunter but his name is tied directly to the Funnel Trader EA, which I did review. In his introduction, he tells us that he’s been trading Forex for 8 years and got into it because he loves the fast paced 24 hour market. He seems quite humble as he tells us that it took him “years of learning through mentors, courses, and trial and error.”
The reviews of his Funnel system were middle of the road. Some good, some bad, but nothing significant enough to deter clients from this new system.
What You Get
I won’t go into too much more detail about this system, as there is a one hour video that you can watch to learn more about Signal Steps on your own. I will tell you how much this is going for, and what you get with your membership. Lance believes that the total value of all the services he’s providing adds up to $4629, but he’s offering it at $497.
- Automated Signal Steps Software
- Trade & New Monitoring
- Lifetime Updates
- Technical Support
- Unlimited Account Switches
- Best Possible Settings
- Works With Any broker
Trading Results
There is a vendor Myfxbook account, that shows a gain of over 1700% with the Blackwell Global brokerage. At first look, this account is extremely impressive, but we may have missed are opportunity here. If you go to the monthly analytics section, you will see that the software performed extremely well in both 2015 and 2016. Yet in 2017 the software is showing mediocre gains with a negative return in March, and a .82% return in April.
I don’t want to say that the Signal Steps strategy peaked in 2015 or 2016, but I would certainly love to see a couple of resurgent winning months to prove that this system is optimized for the current market conditions.
Conclusion
At this point in time, I still feel like we need to be somewhat reserved when it comes to the Signal Steps system. So, I’m going to be providing a three star review, and then providing further analysis as time goes by. In the past, Lance Hunter has been able to provide some very impressive Myfxbook accounts, but not all of his clients are able to reproduce these results. With that being said, I would like to see some real client results using this new rubber band strategy, to see if it’s ready to translate to the rest of the Forex market.
Thank you for stopping by, and please leave any questions or remarks you may have about this service and Lance Hunter.
I purchased this for $500 and had one day where my account advanced for 30 days. I requested my funds returned and Lance did that very promptly and cooperatively. Although Signal Steps did not profit in my account during this time period, I would try Lance’s other recommendations in the future.
This system blow out 50 % of the account I stopped for not losing all the money , as all forex trading system the only who is making the money is the one who sell the system.
Stay away and save you rmoney
Beware. I bough5 Signal Steps and had nothing but loses. Mr. Hunter promised a refund if not satisfied after 30 days. He refuses to answer my emails requesting a refund
The $497 is an ongoing yearly fee, is it not?
I believe it is.
Hi
Is there a genuine good automated system you can suggest?
Regards
Hi Martin, absolutely. You can see the best Forex robots listed and rated here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/