Free Forex Systems (MT4), Trend Following Systems

Lang Strategy Trading System

The Lang Strategy Trading System represents a simple moving average (SMA) based trend-following trading strategy for MT4.

Apart from SMA, it also combines exponential moving average crossover signals to spot highly potential trading opportunities. Besides, you’ll find a 14-period RSI at the bottom of the chart, showing bullish/bearish divergences and momentum signals.

Lang Strategy Trading System Overview

Lang Strategy Trading System overview

The Lang Strategy Trading System applies 5, 10, 20, and 50-period simple moving averages to assess the overall trend. Besides, the red/green arrows signal current trends based on a crossover between 5 and 10-period EMA. After evaluating the market bias, use the RSI signal for validating trade entries.

Lang Strategy Trading System Explanation

Lang Strategy Trading System explanation

The Lang Strategy Trading System has been built based on a moving average crossover strategy. The faster and slower SMA intersects each other to plot crossover trend signals. For instance, the 5 SMA moves above the 10 SMA, and the 20 SMA exceeds the 50 SMA simultaneously, indicating a strong bullish trend.

After getting an overview of the overall trend condition, determine the current trend condition using the EMA crossover signal. The pointing direction of the arrow indicates whether it is a bullish or bearish crossover.

We’ll also apply the RSI signal to examine the overbought/oversold conditions of the market. For example, we’ll only activate a buy order if the RSI value rebounds from the 30 (oversold) level. When the indicator value exceeds 70, we consider the market as overbought.

Lang Strategy Trading System: Buy Conditions

Lang Strategy Trading System buy signal
  • 5 SMA moves above 10 SMA
  • 20 SMA exceeds 50 SMA
  • The price moves above all the moving averages
  • EMA Crossover delivers an up arrow
  • RSI(14) rebounds from 30

Also Read: Exness Review – Is it The Best Forex Broker?

Lang Strategy Trading System: Sell Conditions

Lang Strategy Trading System sell signal
  • 5 SMA dives below 10 SMA
  • 20 SMA also moves below 50 SMA
  • The price drops below all the moving averages
  • EMA Crossover signals a downs arrow
  • RSI(14) declines from 70

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.

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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.
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