Trend Following Systems, Free Forex Systems (MT4)

Omega Trend System

Omega Trend System deploys a strong trend-following forex trading strategy at your trading chart with an aim to assist you all the way through your trend-oriented trading activities.

It detects the current trend of the market, generates the trade signals within the trend direction, and defines the perfect exit area of your activated trades.

Omega Trend System suits great with all sorts of timeframe charts. Moreover, you’ll be able to use it to trade any kind of forex currency pair available at your mt4 trading platform.

Omega Trend System overview

After installing the Omega Trend System at your forex MT$ terminal, your trading chart will appear like the following image: 

Omega Trend System 1
Time FrameCurrency PairsIndicator FactorsRatings

Omega Trend System Anatomy 

Omega Trend System Anatomy
  • T3 Moving Average: One of the fastest Moving Averages that reacts very quickly with the change in price action. Price stays above T3 Moving Average means the current trend is bullish. An opposite scenario represents the current trend as bearish.
  • AMA STL Color MA: This is a trend-defining Moving Average. It changes its color with the possible change of the market trend. It turns blue when the trend is bullish and turns pink in case of a bearish trend of the market.
  • Snake: It detects the intraday trend of the market. Price holds its position above its level signals the intraday trend as bullish. On the other hand, price moves below the Snake level represent the bearish intraday trend of the market.
  • MACD Divergence Line: Indicates if price action moves contrarily to the MACD which is called the MACD Divergence. It plots straight slopes around the price bars that helps to detect the potential divergences.
  • FX5 MACD Divergence: Used to plot direct MACD Divergence signals with its up/downward arrows. This divergence detection process runs on a automatic basis so that traders can enjoy reliable divergence signals with less complexity of market analysis.

Omega Trend System: Buy Parameters

Omega Trend System Buy
  • Price is holding its position above T3 Moving Average & Snake level
  • AMA STL Color Alerts turn blue
  • FX5 MACD Divergence signals the bullish divergence plotting an upward arrow
  • Buy triggers when all of the above conditions are met
  • Set stop loss below the nearest swing low of the market
  • Exit long/take profit whenever AMA STL Color Alerts turns pink 

Omega Trend System: Sell Parameters

Omega Trend System Sell
  • Price is holding its position below T3 Moving Average & Snake level
  • AMA STL Color Alerts turn pink
  • FX5 MACD Divergence signals the bearish divergence plotting a downward arrow
  • Sell triggers when all of the above conditions are met
  • Set stop loss above the nearest swing high of the market
  • Exit short/take profit whenever AMA STL Color Alerts turns blue

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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