Home / FREE DOWNLOAD MT4 Trading Systems / #577 High Accuracy RED-BLUE Market Trend Trading System

#577 High Accuracy RED-BLUE Market Trend Trading System


Forex Great Trader “Red-Blue Market Trend” Trading System – Blue is the increasing market and red is the decreasing market. The trading System also will show the unpredictable market and it slow and weak (sideways).

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, and USDCAD

 

MetaTrader Trading Indicators
  • Great Trader TLSM
  • Great Trader NLD
  • Great Trader MACD Color
  • Great Trader PW
  • Relative Strength Index

 

How to install “RED-BLUE Market Trend System

  • Download “TraderVersity.Com-RedBlueMarketTrendSystem” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-RedBlueMarketTrendSystem.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-RedBlueMarketTrendSystem” trading  system and strategy
  • You will see “RED-BLUE Market Trend System” is available on your Chart

 

BUY Rules


  • Great Trader TLSM: Blue lines
  • Great Trader NLD: Red dots
  • Great Trader MACD Color: Blue histogram
  • Great Trader PW: Red histogram and above the level 0
  • Relative Strength Index line: Above the level 60

 

SELL Rules

  • Great Trader TLSM: Red lines
  • Great Trader NLD: Red dots
  • Great Trader MACD Color: Red histogram and below the level 0
  • Great Trader PW: Red histogram
  • Relative Strength Index line: Below the level 40

 

Trading NOTES
  • Dot Indicator (GreatTrader_NLD)
    • The indicator will be in a blue and red dot form
    • The function is to show the market trend
    • blue dot signal will show the increasing market trend (Bull Market)
    • red dot signal will show the decreasing market trend (Bear Market).
  • Double Line Indicator (GreatTrader_TLSM)
    • The indicator in a double line form which is in red and blue color.
    • The function is to show the market trend
    • Double line with blue in color will show the increasing market
    • Double line with blue in color will show the increasing market (Bull Market)
    • Double line with red in color will show the decreasing market (Bear Market)
  • Put the initial stop loss above or below the previous swing
  • Best Risk reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


READ  HolySignal Trading with Weighted WCCI Filter

Leave a Reply

Your email address will not be published. Required fields are marked *