#601 Forex FORBI Moderate Swing & Trend Trading Strategy

The FORBY Moderate arrows indicator is designed to be used with Forbi Moderate Swing and Trend trading system. Doesn‘t matter if you will use custom or general indicators while trading this system, you can use arrows indicators to confirm entry and exit points while trading Forbi Moderate Swing and Trend trading system.

You should always follow the rules provided in this manual and use arrows indicator as a confirmation of the rules, and never trade against the rules.

• Time Frame: M30 or higher
• Currency Pairs: Any

 

• Forbi Moderate Arrows
• Bollinger Bands
• Forbi System Timing
• Forbi System Momentum

 

• Download “TraderVersity.Com-ForbiSystem” (Zip/RAR File).
• Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
• Copy the “TraderVersity.Com-ForbiSystem.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-ForbiSystem” trading  system and strategy
• You will see “Forex FORBI Moderate Swing & Trend System” is available on your Chart

 

• Forbi Moderate Indicator: Lime arrow
• Forbi System Timing: The histogram and the white line above level 0
• Forbi System Momentum: The histogram, white line,  and yellow line above level 0

 

• Forbi Moderate Indicator: Red arrow
• Forbi System Timing: The histogram and the white line below level 0
• Forbi System Momentum: The histogram, white line,  and yellow line below level 0

 

There are two indicators included in this trading system: Forbi System Timing and Forbi System Momentum
indicators.

• Forbi Timing Indicator

This indicator replaces both EMAs. The red histogram shows the difference between EMA 5 and EMA 10.

The higher values – the bigger difference.

Histogram crossing 0 line indicates a crossover of EMAs.

The green line indicates the difference between current price and EMA 5, so it is changing rapidly, but is very helpful in some situations, as seeking for extremes“ scenario (crossing zero line the candle is touching and crossing EMA 5).

• Forbi Momentum Indicator

This indicator realizes all 3 momentum indicators used in the system.

The yellow line shows CCI real value.

Red histogram reflects the RSI indicator. 0 line here reflects 50 line of actual RSI indicator level. Levels 120 and -120 are equal to levels of 70 and 30 of actual RSI.

Blue line reflects the Stochastic indicator. 0 line here reflects 50 line of actual Stochastic indicator level. Levels 120 and -120 are equal to levels of 80 and 20 of the actual Stochastic indicator.

Interpretation of Forbi moderate swing and trend strategy is the same as for manual trading system, just a lot easier to spot entries and certain market conditions.

DOWNLOAD TRADING SYSTEM