Easy-to-use buy/sell signals are provided by the NON-Repaint Trading System for MT4 known as the Forex Rebellion 3 Indicator System. It was developed by forex trader John Kincade, who also came up with a number of other trading strategies.
The foundation of the method is comprised of numerous strategies specific to Forex trading, such as trend following, fundamental analysis, technical analysis, and trend analysis. Even beginners can easily learn the system because of how easy it is to use.
It detects beneficial price changes and provides you with understandable BUY/SELL signals. To generate just the trades with the highest likelihood, the algorithm meticulously examines each trading signal.
The timeframe is M30 or higher, but H4 is the optimal time frame because it allows the system to generate stress-relieving signals while also expressing all of its trading potential. Even when it experiences a loss, the system is profitable enough to recover the losses.
The trade signals provided by Forex Rebellion V3 can be used as-is or with further chart research to further hone them, which is advised. Although this strategy can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account first until you are reliable and self-assured enough to trade in real time.
You can configure the Forex Rebellion Version 3 to send you signal alerts via email, platform pop-ups, and mobile notifications. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.
Any Forex currency pair as well as other assets including equities, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded with the Forex Rebellion Indicator System. You can use it on any time frame that works best for you, although higher time frames from M30 to D1 produce the best results.
Indicators of This Trading System for MT4
- Channel 21 and Donchian channel
- The arrows are drawn using the periods 4/5 EMA-Crossover indicator.
- Signal of two moving averages.
- EMA and MACD
- The QQE ADV metric
- Expert Tarek, this EA supports position management.
- This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
- low spread ECN account is also advised (Find the Perfect Broker For You Here).
Explained
The EMA Crossover
The EMA Crossover shows the short-term trend’s direction.
The faster 4 EMA and the slower 5 EMA make up this indication. An arrow is displayed on the chart when they cross. To keep the charts clear of unnecessary clutter, the actual EMAs are not displayed. This works really well because the arrows are obvious.
The QQE Adv
The Quantitative Qualitative Estimator Advanced is also known as QQE Adv.
The indicator is called the QQE Adv because it is an advanced version of the QQE. Many bad transactions can be filtered out or eliminated with this potent indicator.
Although pretty easy to use, this indicator does need some explanation. The QQE is essentially a signal line-equipped smoothed RSI indicator. A smoothing average known as Wilder’s Period serves as the signal line. Together, the two lines function like a 2-line MACD or a stochastic oscillator. A trade signal is only legitimate if the lines are in the correct order. The middle of the indicator window has a line drawn through it; this line is known as the 50 lines.
Tarek EMA EA
This EA aids in position management. It displays the prerequisites. If all four rules are pointing in the same way, that is a great submission to submit, and EA will also notify you.