Forex Enigma is a confirmed scam. The indicator is just like all the other scam indicators by Karl Dittmann are worthless. If you come across any review site which has published positive review don’t trust them. They must be promoting the software in order to earn affiliate commission. Make sure you read this entire review while I expose this dangerous indicator.
Official Website: http://www.fxenigma.net/
First of all, the scammer behind the Fx Enigma is desperate to squeeze your email address. If you will move your cursor away for a while from the landing page an annoying pop-up will appear.
In case you are still wondering, ForexEnigma is signal software. Meaning when you will deploy the EA plugin on the chart I will paint a custom indicator. This indicator will tell you exactly when to enter and exit a trade, for that currency pair. The strategy appears to be trend trading, over shorter timeframe. The recommended timeframes are Minute 1 (M1) and Minute 5 (M5).
The trading signals are very easy to follow as well. Blue color represents upward trending market whereas, red color denotes downward market. It is a 100% rule based mechanical trading strategy. Moreover, it doesn’t allow you to auto trade. So those of you who are under the impression that it is some kind of auto trading robot, are absolutely wrong.
Proof of Scam
The landing is promising 200 pips in profits daily. Now, 200 pips if blended with sensible money management strategy could make a killing. However, if you will look sales page closely, you will find that there is not even a single statement or trading log. The trading statement could easily establish the long term profitability of this strategy. But the scammer behind Forex Enigma refrained to publish one, the only reason is he doesn’t have a profitable one. The only thing you will notice on the sales page are once in a blue moon profitable trades. These are just a few lucky trades.
Karl Dittmann the con-artist behind the Forex Enigma is a serial scammer. There are lots of other worthless forex indicators by the same guy. There is only one thing common in all his products, that it simply doesn’t work and targets only novice traders. Hence, my advice is that you shouldn’t buy a single word on ForexEnigma website. You might get your money back with them using Clickbank dispute. But not the time that you will waste testing this worthless piece of scam.