Free Forex Indicators (MT4), Trend Following Indicators
The Anti Trading System
By Arun Lama
Updated On
The Anti Trading System has proven one thing that a perfect combination of only two indicators can bring all the assistance you need during your trading periods. How simple that one? Well, pick the momentum signals from the Stochastics and trend signals from the 10 SMA, match the trend with the momentum signal; if they are matched then its time to pull the trading trigger according to the trend direction.
The Anti Trading System Can be applied to trade all kinds of forex currency pairs and it also fits well with all sorts of timeframe charts. So, newbie trend-following traders of any length can have a trading advantage from this amazing forex trading strategy.
After installing this System at your forex MT4 terminal, your trading chart will appear like the following image:
The Anti Trading System Overview
Time Frame
Currency Pairs
Indicator Factors
Ratings
Any
Any
2
9.7/10
Anti Trading System Anatomy:
10 SMA: It has been added to the system as a trend filter of the market. Price closing above its level represents the bullish trend of the market. On the other hand, the price stays below the 10 SMA is considered as the bearish trend of the market.
Stochastics: An world famous forex momentum indicator. It value reaches to its 20 means the oversold condition of the market. In another way, it reaches above 80 signals the overbought condition of the market.
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.
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.
