Trade The Fifth Omdömen 7

Trade the Fifth is an amazing program that has turned around my trading strategy and overall knowledge about trading in general. The indicators that come with it also work brilliantly. The BITS, Rollercoaster, and Elliot Wave indicators have completely transformed my trading and my passion for trading has grown tenfold. They are all incredibly intuitive and reliable. I have been able to teach my teen about all of the basics of trading with the help of these indicators and the entire Trade the Fifth platform. I recommend this platform for anybody who is willing to learn the indicators and the strategy to further their trading ability and increase their profits exponentially.

Dave Grewal

I highly recommend any of the indicators from Trade the Fifth. They are 100% rules based with very high W/L ratios. I personally use the Elliot Wave and the Roller Coaster almost daily. I have all of their indicators and once you learn the rules and the process everything else comes into place. They also have a ton of content and training enviroments for you to get up off the gound as well.

I have been using the Trade The Fifth indicators for awhile now. As a new trader, having these indicators gives me the reassurance when entering a trade. The indicators show you when and where to enter and exit a trade. These indicators are a must if you are new a new trader. Paul has now a weekly training session where he not only teach you how to use the indicators, but also teaches you strategies that he uses daily. When I first bought the indicators I had questions that were immediately addressed by Paul or one of his team members. I have never had a problem reaching out to them. They are always there to help you and the support you receive from them is priceless. I use the indicators mainly for Futures.

Without these products, I was shooting from the hip... and not being consistent. TT5 gives me the skills and roadmap that I needed and was looking for. Greg

I work in the mornings. While I like to trade higher time frames on futures, stocks and forex; I cannot manage the trades throughout the day due to the nature of my work. So, I trade in the mornings during the PIT and RTH opens. I had a very consistent trading edge, but I was looking for some indicators to provide me confluence with what my technical analysis was telling me. I have purchased TT5 products on: Tradestation (no longer use this platform), Think Or Swim and for Trading View. I have been able to enhance my trading plan from the rules that TT5 puts out about their indicators to the point it has become rinse repeat for me.

Every single time I have had a question or comment, their customer service has responded to me, and helped me out. They have taken my comments, questions and concerns and helped me out; and furthermore, they have and continue to ask their community for ideas and other things to enhance their wonderful products. Example: Recently there was a glitch on one of the platforms, I emailed customer support and it was fixed within 2 days (coding time).

I trade with about 20 other people every morning, and every single one of us uses 1 or more of the indicators to enhance our decision making ability. I utilize the Elliot Wave indicator for opening range pullbacks and lunchtime pullbacks. I use BITS/BIAS for opening ranges and the Rollercoaster for confluence. It WORKS!!

Trade the Fifth has been instrumental in improving my trading consistency as well as profitability. I use the Elliott Wave and BITS indicators on a daily basis in my trading strategies.

Because we trade Forex, we look for indicators that can help. We purchased two indicators from W5T aka TradeTheFifth. The Rollercoaster and the Elliotwave. You only have the option of a $149.00 Quarterly lease subscription instead of a Monthly, so that "locks" you in for a 3 month payment right off the bat. Dont get me wrong; that would be ok if it worked. But if the indicator is a flop, you have paid for it in advance. The question is, do you want a little scar or a big scar?

I applied them to the TradingView platform. On the very first day I had problems that spoke about their integrity. I could not apply the indicator to multiple screens.

To begin; I purchased the Roller coaster indicator, the Elliot Wave indicator and even splurged on his 60 dollar a year, 5K Club.

The logo on the website reads "W5T TradeTheFifth, Perfect For Swing Trading, Stocks, Forex & Futures." So in my mind, they traded everything.

My first problem was getting the indicator on additional Trading View charts. When I sent an email to W5T aka Trade the Fifth, I was told it was a Trading View problem. I sent an email (on file) to Trading View. I was told it was impossible to be a Trading View issue, but needed to be addressed with the vendor. So this was my first introduction. The blame game. And the company didnt show interest in helping me with my problem.

Nevertheless, the indicator patterns seem to change quickly on the charts. The Elliot Wave has substance and in theory it may work for Futures, but I don't think it likes Forex.

Another problem I see is maybe I don't have all the "bells and whistles" because I have Trading View? On his charts there appears to be another indicator toward the bottom?? Maybe I am missing something?

The Roller Coaster is just plain junk in my opinion. It seems to draw as it goes?? From what I am seeing, it has a large stop out area, but a small target. In other words, often times I have seen the risk is greater than the reward. Again, I don't think it likes Forex.

I think what bothered me most was the 5K Club. One must pay 60 dollars a year for membership and then, when they have a webinar, you must pay an additional 5 dollars to enter.

I had no problem paying the membership so I could learn. While in my first webinar, what frustrated me was nobody trades Forex. When I mentioned Forex, I was told "we don't trade Forex in here." Only futures. And then was told to read the website for clarification. I DId...I did not see anything about 5K being only for Futures.

I sent two tweets to the company and asked for the reference to Futures ONLY, but was ignored. I have never heard back from them via their Twitter account which is active. I also asked the question on FB, but the post was never permitted to go live.

I gave this indicators 2 stars because they don't seem to be Forex friendly. However, they may work for Futures, I don't know. The good news is I am a 3 month subscriber so they can only take my money for three months. After that, I can invest in a better product with better customer service.

Their "Trade Ideas" that you sign up for? To date, I have only seen two recommendations. One for a stock. and one for the EURJPY posted on 1-14-2020. (see their website) It appeared on a 60 minute chart with a target of 123. But, it never hit the target. It only reached 122.870 area. (Good enough for government work, I guess) But the indicator does not show any trade on my charts. If it is a Wave, why wouldn't the Wave show a history?

Thank you for reading. I wish more people would review indicators to help protect others down the road.