Forex Spectrum MT4 Trading Systems Download

An MT4 trading system that provides NON-Repaint buy/sell signals is the Forex Spectrum System. Based on seven key indicators, this system. It has a dashboard indicator called the Probability Meter that displays a variety of useful data.

It is a day trading system for MT4 that follows trends. For identifying probable buy-sell signals, it combines dynamic trendlines, smoothed moving averages, and various trend oscillators.

The Forex Spectrum System is ideal for day trading or scalping because it performs better on shorter periods.

Moving average crossovers and Buy Sell Magic are included in the Spectrum Forex Trading System to ensure that the signals are completely in line with the current market trend. Additionally, a triple trend filtering method is applied so that traders can exactly determine the current trend.

The Trend Following Strategy only uses manual processes. The indicators generate the signals, but the trader ultimately decides whether to enter the market and whether to establish protection stops or profitable exit stops. As a result, the trader must be conversant with the concepts of risk and reward and set entries and exits using initial support and resistance levels.

The Forex Spectrum Indicator can provide you with trade signals that you can use as-is or further filter using additional chart research, 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.

Crossover trend signals are produced by the 21 MA (white) and the 11 MA (red). These smoothed moving averages function as dynamic support and resistance levels.

Use the Buy Sell Magic arrow signal to determine your principal trading course of action after receiving trend confirmation. Additionally, the Pivot Points Multi-Timeframes indicator draws horizontal lines that represent important price support and resistance levels.

Use the RSI Filter, RBCI Hist, and Solar Wind trend oscillators to check the signal before placing an order. These indicators display blue and red bars, indicating buys and sells as well as useful trend data. When the Solar Wind indicates a trend contrary to your entry, you can also choose to exit a trade.

This MT4 Trading Systems is very easy to understand and use. With this strategy, even a total novice can begin trading and earning money. You can configure it 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.

This Profitable Forex Strategy allows you to configure it to provide you signal alerts. 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, and so on can be traded using the Trading System for MT4. Additionally, you can utilize it in any time frame best suits you, from the 5-minute charts to the 30-minute charts. best results using M15 TimeFrames.

Trading rules

Stick to your money management plan and avoid trading during a period of breaking news. Half an hour after the big currency news, stop your trades.

As usual, use wise money management to get the best outcomes. You need to master discipline, emotions, and psychology to be a successful trader. Knowing when to trade and when not to is essential. Avoid trading at times and under unfavorable market conditions, such as low volume or volatility, outside of the main sessions, with exotic currency pairs, wider spreads, etc.

Buy Entry

• The 11 MA moves above the 21 MA.
• Buy-Sell Magic plots a green arrow.
• The price breaks above the immediate pivot resistance.
• RSI Filter bars turn blue.
• RBCI hist and Solar Wind plots blue bars, showing positive values.

Sell Entry

• The 11 MA drops below the 21 MA.
• Buy-Sell Magic shows a red arrow.
• The price moves below the immediate pivot support.
• RSI Filter bars transform into a red color.
• RBCI hist and Solar Wind value turns negative and plot red bars.

Trade Exist

This approach allows for the liquidation of any positions using a predetermined profit target. As an alternative, the profit target ought to be established utilizing prior support or resistance as a guide. To position your take profit a few pip below that level, you can draw a line horizontally from the prior support/resistance level. In the event that the system conditions change, you can also manually close the transaction.

It is advised to employ a stop loss. Set the stop loss below the entry price using prior support and resistance as a guide or on the prior high and low swing. It is not advised to use fixed stop loss values without any reference points.