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Forex Trend Rider Trading system - Forex Trading System for MT4
What is the Forex Trend Rider Trading system?
Forex Trend Rider system is an indicator system that consists of many profitable indicators and strategies with user-friendly user UI. Traders can easily understand more accurate signals.
Following main indicators are available in the Forex trend rider trading system. Except for them, there are more indicators are included in the system. You can check the following indicators and descriptions to understand the indicator and signals.
- Bar Trend.ex4
- BBands_Stop_v1_BAR.ex4
- Clock v1_2.ex4
- DailyData.ex4
- EJ_CandleTime.ex4
- EMA Crossover Signal.ex4
- FerruFx_Multi_info+_light_chart_v1.1.ex4
- FLATTRAND_w_MACD_mtf.ex4
- RSI div.ex4
01. Forex Trend Rider Indicator
Red and blue arrows indicate buy and sell signals as red for sell and blue for buy. Purple and green bars also indicate up and downtrend. Four moving averages are available in the system such as 50 (green), 85 (red), 5 (Goldenrod), and 10 (white). Bollinger bands indicator shows with three dotted lines as higher, middle, and lower.
stochastic oscillator with shows black and yellows lines. RSI Indicator shows pink and green up and down bars. You can see two types of BBand stop BAR which is a modified indicator with red and blue sections, (10.1) and (20.2). Red shows a downtrend and blue shows an uptrend. There two types of flat trend indicators as (4,8,9) and (6,13,9). You can identify each indicator by its name. when you move your mouse pointer to the indicator it shows the name, period, and other details. First, you need to understand the system’s behavior then run it on your real account.
stochastic oscillator with shows black and yellows lines. RSI Indicator shows pink and green up and down bars. You can see two types of BBand stop BAR which is a modified indicator with red and blue sections, (10.1) and (20.2). Red shows a downtrend and blue shows an uptrend. There two types of flat trend indicators as (4,8,9) and (6,13,9). You can identify each indicator by its name. when you move your mouse pointer to the indicator it shows the name, period, and other details. First, you need to understand the system’s behavior then run it on your real account.
Forex Trend Rider indicator Trading system FAQs
01. Which trading platforms are suitable for the Forex Trend Rider Indicator Trading system?
You can run the indicator on MT4 (Meta Trader 4 platform) only. You cannot run it on MT5 or other platforms.
02. Which time Frames are suitable for the Forex Trend Rider Indicator Trading system?
You can run in any time frame but we recommend 15 minutes and higher for high returns.
03. Which currency pairs can Forex Trend Rider Indicator Trading system?
You can use any major currency pair for trading.
04. What are the pre-Requirements for Trading?
- You must have a Verified trusted broker Account.
05. What we must know before starts trading and how to fulfill them?
- You must have a proper understanding of the forex market and its behavior.
- You must have a proper understanding of the fundamentals of currency trading
- Knowledge and experience about Indicators, systems, strategies, and technical and fundamental factors.
- Understanding trading psychology
When to Buy
- When Arrow is blue
- Trend indicator dashboard show “Strong UP” and the percentage is more than 50% for uptrend
- Bar trend indicator shows Green (Start green bars)
- Candles touch Bollinger Bands lower line
- BBand Stop Bar indicator shows blue color (Start blue color)
- The flat trend indicator shows a blue color
- RSI indicator shows green bars
- Stochastic oscillator crosses the 20 below the line and starts turning the upside
- Check moving average indicators.
- How to improve buy signal accuracy through
When to Sell
- When Arrow is Red
- Trend indicator dashboard show “Strong DOWN” and the percentage is more than 50% for Downtrend
- Bar trend indicator shows Purple (Start Purple bars)
- Candles touch Bollinger Bands Upper line
- BBand Stop Bar indicator shows red color (Start blue color)
- Flat trend indicator shows red color
- RSI indicator shows pink bars
- Stochastic oscillator crosses the 80 above the line and starts turning to the downside
- Check moving average indicators.
Recommended Stop Loss and Take Profit Table for each time frame. This SL and TP can be changed according to your knowledge and experience. This is a common SL and TP table.
