Free Forex Systems (MT4), Trend Following Systems

FX Max with XO strategy MT4

FX Max with XO strategy MT4 is a 100% trend following strategy which is most welcomed by newbie traders who don’t want to bother with dozens of indicators in a single chart and believes in simplicity of trading windows. This strategy is suitable to apply in any timeframe chart in between five minutes to one-hour and very much suitable to newbie trend following traders.

FX Max with XO strategy comes with only three trend following tools and a single trade signal indicator which states the current trend direction with pivot levels and possible entry areas in a very simple manner. This strategy is also famous for its simple and clean look which gives trader a better relaxing environment while trading.

FX Max with XO strategy Overview:

After you finish installing this strategy, your chart will look alike the following image:

FX MAX with XO Strategy
FX MAX with XO Strategy
Time Frame Currency Pairs Indicator Factors Ratings
M5 to H1 Any 4 9.6/10

FX Max with XO strategy Anatomy:

FX MAX with XO Indicators
FX MAX with XO Indicators
  • XO Arrow: This is a trade signal indicator and it appears above or below the signaling price bar to signal the possible trade entries.
  • PivotsD: It shows the current pivot levels to assist you to identify current support and resistance levels.
  • FX Max: FX MAX is a trend strength indicator. It is green means the continuation of current trend and red signals there is no current valid trend
  • XO MTF: it is a trend identifying tool. It’s parameter above zero indicates current trend is bullish and below zero level is identified as bearish trend.

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FX Max with XO strategy: Buy Parameters

FX MAX with XO Buy Parameters
FX MAX with XO Buy Parameters
  • XO Arrow appears below the signaling price bar
  • Price is supported by PivotD levels
  • FX Max is green
  • XO MTF is above zero level
  • Take profit when XO Arrow appears above the price bar/FX Max turns red/XO Arrow turns negative

 FX Max with XO strategy: Sell Parameters

FX MAX with XO Sell Parameters
FX MAX with XO Sell Parameters
  • XO Arrow appears above the signaling price bar
  • Price is resisted by PivotD levels
  • FX Max is green
  • XO MTF is below zero level
  • Take profit when XO Arrow appears below the price bar/FX Max turns red/XO Arrow turns positive
Free Download FX Max with XO strategy
Free Download FX Max with XO strategy

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

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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.