Trend Following Systems, Free Forex Systems (MT4)

Bandit Flash Forex Trading System

Bandit Flash Forex Trading System is a trend following forex trading system. The Bandit Flash Forex Trading System is made for the diehard trend following traders. The Bandit Flash Forex Trading System gives you the opportunity to make big trades and big profits.

The Bandit Flash Forex Trading System is a very simple forex trading system. This forex trading system is perfect for newbies as well as experienced traders. New traders can follow the rules of this system and still be highly profitable as expert traders. On the other hand, expert traders can also use this system to filter out high-probability trades.

Bandit Flash Forex Trading System Overview

Time Frame

InstrumentsNumber of Indicators

Rating

M5, M15, H1, and H4

Major Pairs Only15

9.7

 When you install Bandit Flash Forex Trading System in your metatrader 4, your chart should look similar to this:

bandit flash forex trading system

 Bandit Flash Forex Trading System Indicators

Indicators

Main Chart Window

Indicator Window 1

Hyper Signal

Trend Session

Power

 

Mini

 

Price

 

Time

 

Panah Long Trend

 

Heiken

 

T3 dean (golden MA)

 

Snake (blue MA)

 

Alert Buy Sell

 

Ranger

 

Days

 

Closing

 

Panah 13

 
  • Heiken

Heiken is a Heiken Ashi chart which replaces the ordinary candlestick charts. The rules of this indicator are very simple. When the sky blue candles form simultaneously it’s a bullish signal and when the red candles form continuously it’s a sell signal.

  • Snake and T3 dean

These two indicators are nothing more than two moving averages of different periods.  The blue moving average moves faster and the golden moving averages moves slower. The buy and sell signals are generated on the basis of crossovers of these two indicators.

  • Trend Session

Trend Session is a very simple yet powerful forex trading indicator. It consists of blue and red bars. The blue bars indicate buying signal while the red bars indicate selling signal.

These indicators generate buy/sell signals most often but you should take trades only in the direction of the major trend of the market.

The big number at the top left indicates a daily trading rage i.e. today’s high- today’s low.

Bandit Flash Forex Trading System: Buy Signals

bandit flash forex trading system buying
  1. Market on your time frame should be up trending.
  2. Market should be going up from the recent support.
  3. Blue moving average should cross above the golden moving average.
  4. Heiken indicator should be sky blue color.
  5. The Trend Session indicator should from sky blue bars.
  • Place your buy position as soon as these conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when the Trend Session indicator turns red.

You Must Read: The Best Forex Trading Strategy Ever

Bandit Flash Forex Trading System: Sell Signals

bandit flash forex trading system selling
  1. Market on your timeframe should be down trending.
  2. Market should be going down from the recent resistance.
  3. Blue moving average should cross below the golden moving average.
  4. Heiken indicator should be red.
  5. The Trend Session indicator should form red bars.
  • Place your short position as soon as these conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when the Trend Session indicator turns blue. 
Free Download
Share:

I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

15 thoughts on “Bandit Flash Forex Trading System”

  1. What does the number mean in top left of Forex Bandit system chat mean? You’ve never explained how to use it or even what it indicates. It must be important because you made it LARGE FONT on the chart and never mention it again in the rules or anything. Please advise.
    Thank you in advance for a reply about this large FONT number in Bandit System Flash.

    Reply
  2. Hey guys,

    there is an version of the indicators or the complete system for MT5 too? Would be great if you can send me a link…

    Many thanks, for now i will try your system in Demo on MT4…
    seeya

    Reply
  3. Hi Arun,

    Your indicator is very good. I am looking for a bot which can place auto orders in MT4 from the signals from your indicator. Do you have a bot?

    Thanks
    Suresh

    Reply

Leave a Comment

About Trend Following System

Trend Following System's goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money.

Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
RoboForex Welcome Bonus