Free Forex Systems (MT4), Trend Following Systems

Swing Pips System

Swing Pips System has been developed to assist trend-following forex traders to carry their everyday scalping tasks out of the market.

This system has been designed to help you to detect the market trend, important market levels, and possible trade opportunities from the right place with the right trend as well.

Swing Pips System can be applied to trade all kinds of forex currency pairs available at the live markets. But as a scalping system, it copes best in between M5 and M15 timeframe charts in the MT4 trading platforms.

Swing Pips System overview

After installing the Swing Pips System at your forex MT4 terminal, your trading chart will appear like the following image: 

Swing Pips System
Time FrameCurrency PairsIndicator FactorsRatings
M5 & M15Any49.8/10

Swing Pips System Anatomy

Swing Pips System Anatomy
  • ADX MA: Works as a intraday trend decider of the system. Its value is less than the current price means the trend is bullish. On the other hand, price closes below its level to confirm the bearish trend of the market.
  • Colored Candles: You certainly be able to detect the trend direction with the change in color of the price candles. It turns blue means bullish and red means the beaish trend of the market.
  • SR Levels: It plots both short-term and long-term horizontal support/resistance levels for its users to spot the correct area for tradde entries. Short-term SR levels are often treated as the current possible swing levels of the market. 
  • Polinominal Regression: These levels are considered as the dynamic stop levels of the market. Not only it helps you to determine the current stop level against your entry but also it defines short-term target levels of your trades.

Swing Pips System: Buy Parameters

Swing Pips System Buy
  • Price holds its position above the ADX MA
  • Price is supported by SR Levels and current Polynomial Regression Levels
  • Price candles turn blue
  • Buy triggers once all of the above conditions are met
  • Set stop loss below the current Polynomial Regression Levels
  • Exit long/take profit whenever price hit the top Polynomial Regression Level 

Swing Pips System: Sell Parameters

Swing Pips System Sell
  • Price holds its position below the ADX MA
  • Price is resisted by SR Levels and current Polynomial Regression Levels
  • Price candles turn red
  • Sell triggers once all of the above conditions are met
  • Set stop loss above the current Polynomial Regression Levels
  • Exit short/take profit whenever price hit the bottom Polynomial Regression Level


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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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