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Forex DMI Black Magic Trading System and Strategy


You are ready to trade with the “Forex DMI (Directional Movement Index) Black Magic Trading System“. I have designed a very modest forex strategy with elementary indicators that can be applied to low spread currency pairs and on the lower timeframe’s.

  • Time Frame: M5 or higher
  • Currency Pairs: Any Pairs

 

MetaTrader Trading Indicator
  • BKMGC1
  • BKMGC2
  • DigiStoch
  • DMI Alert

 

How to install “DMI Black Magic Trading System

  • Download “TraderVersity.Com-DMIBlackMagic” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-DMIBlackMagic.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-DMIBlackMagic” trading  system and strategy
  • You will see “DMI Black Magic Trading System” is available on your Chart

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • BKMGC1: Green color candle
  • BKMGC2: Long trigger signal
  • DMI Alert: The green line > the red line

 

SELL Rules

  • BKMGC1: Green color candle
  • BKMGC2: Long trigger signal
  • DMI Alert: The green line > the red line

 

Trading NOTES

How to trade with the Forex Black Magic system?… Wait for the BKMGC2 indicator to print a green (for a long trigger) or red (for a short trigger) line.

  • Initial stop loss above or below the previous swing
  • 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


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