Forex DMI Black Magic Trading System and Strategy

Traderversity October 3, 2018 FREE DOWNLOAD MT4 Trading Systems Leave a comment 1,756 Views

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.

Trading NOTES

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Use a demo account or a small live account first to practice this trading system

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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

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