Free Forex Systems (MT4), Trend Following Systems

SD Trend Following System

SD Trend Following System is a forex trading system which is a purely trend following strategy. This forex trading system was developed by a developer who calls himself “Slumdog”. It is great to get such an amazing forex trading system for free. This trend following forex trading system is very simple to understand and it generates very clear signals. The signals are clear to the eyes and there is no any vagueness in the trading system which makes it very suitable for newbie traders as well. SD Trend Following System can be very profitable if the rules of the system are followed in a proper manner.

SD Trend Following System Overview

Time Frame

Currency Pairs Number of Indicators Ratings
5 Minute and Above Any 3 9.8/10

There are many indicators used in SD Trend Following System but we have focused only on three major indicators here because they are enough to trade profitably with this system. When you install SD Trend Following System your chart must look like this:

SD Trend Following System
SD Trend Following System

Let me show you three major indicators that are used in this forex trading system.

SD Trend Following Indicators Overview

SD Trend Following Indicators
SD Trend Following Indicators

 

Main Chart Indicator Window
HAMA MACD OsMA
Special Bars  

Let me explain in brief about the major three indicators used in SD Trend Following System.

  • HAMA

HAMA is the main signal generator indicator of SD trend following system. HAMA indicator works like moving average. In an up trending market it moves below the market price and it is blue. In a down trending market it moves above the market price and it is red.

  • Special Bars

The price bars that you see on the main chart are a special kind of bars. They help out to smooth out the noise of the market. When these bars are green, you should know that the market is up trending and when these bars are purple, the market is down trending.

  • MACD OsMA

MACD OsMA is a technical indicator which has histograms and two oscillators. Histograms fluctuate in positive and negative territory. When the histograms are positive, it indicates bullish market conditions and when the histograms are negative, it indicates bearish market conditions. White oscillator moves faster and the red oscillator moves slower. Their crossovers can be important to verify your trading signals.

SD Trend Following System: Buy Parameters

SD Trend Following system Buy Parameters
SD Trend Following system Buy Parameters
  • The forex pair you are watching should be up trending.
  • The market should be bouncing off the recent support level.
  • The HAMA indicator should be blue.
  • The histogram of MACD OsMA indicator should be positive.
  • The white oscillator of MACD OsMA indicator should be above the red oscillator.
  • Execute your buy position when all of the above conditions are met.
  • Put your stop loss just below the recent swing low.
  • Take your profit when the HAMA indicator turns red.

You Must Read: The Best Forex Trading Strategy Ever

SD Trend Following System: Sell Parameters

SD Trend Following system Sell Parameters
SD Trend Following system Sell Parameters
  • The forex pair you are watching should be down trending.
  • The market should be falling off the recent resistance level.
  • The HAMA indicator should be red.
  • The histogram of MACD OsMA indicator should be negative.
  • The white oscillator of MACD OsMA indicator should be below the red oscillator.
  • Execute your sell position when all of the above conditions are met.
  • Put your stop loss just above the recent swing high.
  • Take your profit when the HAMA indicator turns blue.
Download SD Trend Following System
Download SD Trend Following System

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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.