Free Forex Systems (MT4), Trend Following Systems

Master Levelator Forex Strategy MT4

Master Levelator Forex Strategy MT4 is a clean looking and very powerful forex trading strategy/system. When you trade with this forex trading system your chart looks clean and professional.

Two indicators used in this forex trading strategy give you solid trading signals. As you would expect, this is a trend following forex trading strategy.

Number one benefit of this forex trading strategy is you can catch the swings of the market before it’s too late. You can simply relax and rely on the signals generated by the system.

Master Levelator Forex Strategy MT4 Overview

Master Levelator Forex Strategy MT4

This forex trading system should look like the one shown in picture below:

Master Levelator Forex Strategy MT4 Anatomy

Master Levelator Forex Strategy MT4 Anatomy
  • 2Color MA: 2color MA works like moving average. It is a 21-period moving average. Basically, it has two colors; it is yellow in a bullish market conditions and it turns red when the market scenario is bearish. As such kinds of indicators are likely to perform better in a trending market environment; I do not recommend you to use this indicator in a stagnant market.
  • Levelator: Levelator indicator portrays various levels on the main chart window. These levels can be taken as a buying or selling level. Buying or selling decision is determined by the trend of the market though.

Master Levelator Forex Strategy MT4: Buy Parameters

Master Levelator Forex Strategy MT4 Buy Parameters
  • Market you are watching should be up trending.
  • 2color MA indicator should be yellow.
  • Market should be in the Levelator trade area.
  • Buy from the market rate when above parameters are fulfilled.
  • Place your stop loss below the recent swing low.
  • Book your profit when Levelator indicator turns red.

Do Not Miss: Heiken Ashi Exit Indicator

Master Levelator Forex Strategy MT4: Sell Parameters

Master Levelator Forex Strategy MT4 Sell Parameters
  • Market you are watching should be down trending.
  • 2color MA indicator should be red.
  • Market should be in the Levelator trade area.
  • Sell from the market rate when above parameters are fulfilled.
  • Place your stop loss above the recent swing high.
  • Book your profit when Levelator indicator turns yellow.
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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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