Forex Brain Trend Trading System is just another tremendous trend following trading system that lets trader to spot perfect entry and exit points in a trendy market.
The most important thing is, it generates the signals at the retracement points of the trend. That means, it’ll allow you to buy from low with exit at high and sell from high and exit at low which is perfectly sensible according to the text book trendy trading method.
As it is a trend based system, to master it well you’ll need to have at least some basic knowledge about the concept of trend or momentum.
Forex Brain Trend Trading System Overview
|Time Frame||Currency Pairs||Indicators||Ratings|
|M15 to Any||Any||5||9.7/10|
After you install Forex Brain Trend Trading System in your MetaTrader4 platform, your chart will look like this:
Forex Brain Trend Trading System Indicators Overview
- Brain Trend Trading Indicator
You’ll find two parallel lines at the main chart along with Bollinger bands. It gets into red color indicates bear and blue indicates a bullish thrust is underway.
- Bollinger Bands
A set of three moving averages appeared as green lines at the main chart window are known as Bollinger bands. These three lines are three forms of 20 period moving averages calculated based on standard deviations.
The easy way to interpret ADX is, it starts to expand wider when a trend gets stronger and starts to squeeze while a trend is about to reach to its end.
MACD value above zero level expresses bullish sentiment and when moves below the zero level, MACD value gets negative indicating bear is in control of the market.
RSI value below 50 signals bearish reaction; below 30 means market is oversold. On the other hand, above 50 indicates bullishness and over 70 expresses overbought condition of the market.
Forex Brain Trend Trading System: Buy Parameters
- Brain Trend Trading Indicator color turns blue
- ADX values expanding
- MACD value above zero and rising
- RSI value above 50 but below 70
Want to Know: Forex Double Supertrend Trading System MT4
Forex Brain Trend Trading System: Sell Parameters
- Brain Trend Trading Indicator color turns red
- ADX values expanding
- MACD value below zero and falling
- RSI value below 50 but above 30
You can also have magical performances using this system at H4 chart:
Free Download Brain Trend Trading System