Hello there. I thought you may be interested is knowing about this great commercial MT4 indicator based trading system that I came across. It is called “The Forex Trend System.” Not a very creative name, but hey, it’s the results that count.
The Forex Trend System is a manual indicator that identifies changes in trend and allows you to capture the major market moves. It has been designed for MetaTrader 4, a freely available trading platform which you can download for free.
How It Works
The system is made up of three trigger lines which tell you when to buy and when to sell. Simplicity itself – one color to buy and one color to sell. It will alert you to the beginning of a trend, and will also signal when the trend is coming to an end.
It has proven to be highly accurate, especially when allied to the best time frame, currency and time of day. Experience has show the system to work best on the daily chart. While it is accurate for just about any of these three variables, for optimal efficiency it is best to follow the system designer’s instructions closely. Not every trade is a winner, but historically losses have been much smaller than wins. However, as always, past results are not necessarily indicative of future results.
Features & Benefits
- Easy Setup – No complicated manuals or confusing strategies to learn
- Easy to Learn – Buy on blue, sell on red!
- Customizable – Adjust the system for longer or shorter trades
- Versatile – Works with any currency pair
- Flexible – Choose from aggressive & safe-trading options
- Convenient – Receive audible and email alerts of potential trade setups
Admittedly it is a bit pricey at $597 for an unlimited-use personal license, but when you think about it if you trade using standard lots the system will pay for itself in not even a month in most cases. Check out the trading results proof on the product’s promo page and you’ll see what I mean.