Simple Sibuk System is a phenomenal forex trading system. Simple Sibuk System is a result of a persistent hard work of the coder (inventor). This forex trading system is designed using too many components which takes accuracy to another level.
Simple Sibuk System is exclusively for serious traders because it has too many things to look at. Sometimes looking at all these indicators may make your decision making poorer if you are not able to combine these indicators effectively.
Here, on TrendFollowingSystem.com we have simplified this forex trading system so that it can be used in a most simple and best way.
Simple Sibuk System Overview
|Time Frame||Currency Pairs||Number of Indicators||
Above 15 Minute
First of all you should download this system and install it. Click here to learn to install forex trading system in MT4. Download button is at the end of this article. Once you install Simple Sibuk System in your MetaTrader 4 your chart should look like this:
There are 5 technical indicators used in Simple Sibuk System but we will not use all of them. We will use only the most important ones.
Simple Sibuk Indicators Overview
|Main Chart Window Indicators|
|Sidus Crossover Signal|
- RSI Candles
RSI Candles is a unique kind of charting style which uses candlesticks but they are not ordinary candles they are calculated using average market trend.
- Sidu Crossover Signal
Sidu Crossover Signal is the yellow and blue arrows that you see in the main chart. The blue arrows pointing upward are the buy signal and the yellow arrow pointing downward is the sell signal.
Simple Sibuk System: Buy Parameters
- The currency pair should be up trending.
- RSI Candles indicator should form white bars.
- A blue arrow (Sidus Crossover signal) should form below the market chart.
- You can execute a buy position when above parameters are met.
- Set your stop loss below the recent support level.
- Book your profit when you see a yellow arrow (Sidus Crossover Signal) indicator above your chart.
Continue Reading: Forex Pattern 123 Indicator MT4
Simple Sibuk System: Sell Parameters
- The currency pair should be down trending.
- RSI Candles indicator should form red bars.
- A yellow arrow (Sidus Crossover signal) should form above the market chart.
- You can execute a sell position when above parameters are met.
- Set your stop loss above the recent resistance level.
- Book your profit when you see a blue arrow (Sidus Crossover Signal) below your chart.