The Best Trading System has been named in such a way because of its tremendous scalping and intraday trading signals with a higher level of trading success in the Forex market.
Mostly scalpers are very busy analyzing various Forex currency pair charts at a time to find trade signals and this system does most of your works like finding the right trend direction, drawing trend lines and dynamic stop levels for your possible Forex trade entries.
The Best Trading System fits best with major Forex currency pairs and adjusts best with M15 trading charts. Newbie traders may find themselves some extra comfort in their regular Forex trading life by applying this best trading system in their chart.
The Best Trading System Overview
After a successful completion of installing The Best Trading System at your MT4 software, your trading chart should appear as the one shown in the picture below:
| Time Frame | Currency Pairs | Indicator Factors | Ratings |
| M15 | Major Pairs | 5 | 9.7/10 |
The Best Trading System Anatomy
- Upper & Lower Trend Line: These lines works as trend based resistance and support levels respectively which changes statically on the basis of price action signals. In case of a bullish trend this channel is plotted heading upward direction and plotted towards downward direction to represent a bearish trend.
- Mid Trend Line: This level in between Upper and Lower Trend line has been used to find better confirmation about upcoming price movements. For example: In a bullish trend, if price breaks out above this level then it confirms the potentiality of price to touch the Upper Trend Line level.
- BBand Stops: These levels work as dynamic stop levels for your trade entries. For long entry always put your stop limit below its levels and for short entry put the stop level above its levels. You can also update the stop levels based on BBand Stop level changes.
- TLab CCI RSI: It is a combination of dual CCI levels along with RSI. CCI levels above zero level states the strength of the current trend (both bullish and bearish) on the other hand, RSI near 30 level signals the oversold condition of the market and near 70 indicates market is reaching at its overbought level.
Recommended Reading: The Best Forex Trading Strategies Ever
The Best Trading System: Buy Parameters
- A bullish price bar has been formed
- The signaling bar is supported by the Lower Trend Line
- BBand Stop level is plotted below the price level
- RSI bounces to upwards from oversold levels
- CCI levels are above zero parameter
- Set stop loss below the BBand level
- Exit long whenever price is rejected to go further upwards at the Upper Trend Line area
The Best Trading System: Sell Parameters
- A bearish price bar has been formed
- The signaling bar is resisted by the Upper Trend Line
- BBand Stop level is plotted above the price level
- RSI bounces to downwards from overbought levels
- CCI levels are above zero parameter
- Set stop loss above the BBand level
- Exit short whenever price is supported at the Lower Trend Line area
