Trend Following Made Easy Forex Trading System is without a doubt a trend following system. The Trend Following Made Easy forex trading system has been developed by using advanced algorithms which allows you to catch the every beat of the market. The Trend Following Made Easy forex trading system is all about consistency and it is the most important thing in the business of trading. Even the most experienced traders in the market fail to achieve consistency. One who is not consistent cannot survive in the market. Risk to reward ratio should be seriously considered while making any trades. Most common mistake made by majority of the traders is that their losses are always bigger than the profits. So they always fail in the long run failing to achieve consistency.
Trend Following Made Easy Forex Trading System Overview
|
Time Frame |
Instruments | Number of Indicators | Rating |
| M15, H1, H4, and Daily | Any | 11 |
9.8 |
As this is a pure trend following system I assume that you know the basics of market trend first. When you set up Trend Following Made Easy Forex Trading System in your metatrader 4 platform your chart should look like this:
Trend Following Made Easy Forex Trading System Indicators
Indicators |
|||
| Main Charts | Indicator Window 1 | Indicator Window 2 | Indicator Window 3 |
| Stratmanminichart | Ribbon Trader | MACD | Stochastic Oscillator |
| SPAT Smooth HA | |||
| Time in Corner | |||
| GG TrendBar | |||
| FerruFx Multi | |||
| Signal | |||
| Cynthia’s Signal Entry Stop | |||
| Pivot Points Multitimeframe | |||
There are altogether 11 forex trading indicators used in this forex trading system. However, we should be selective while using these indicators as all of them are not equally important. Here, we will use only very significant forex trading indicators.
- SPAT Smooth HA
SPAT Smooth HA is a indicator based on Heiken Ashi chart. The SPAT Smooth HA makes the chart smoother and easier to analyze the trend of the market. Easiest way to use this indicator in this forex trading system is by looking at the color of the indicator. When the indicator is green, you should be buying and when the indicator is red you should be selling. However, you should trade only in the direction of the trend i.e. you should buy only in an up trending market and you should be selling only in a down trending market.
- Cynthia’s Signal Entry Stop
This indicator appears below and above the market and it helps to catch the swings of the market early. The indicator is basically light blue and pink. Blue color indicates buying pressure in the market while the red indicator indicates selling pressure in the market.
- Ribbon Trader
Ribbon Trader consists of four horizontal bars that help to confirm the trend of the market. When all of the bars are green it is a high probability buying signal and when all of the four bars are red it is a high probability selling signal.
- MACD
The MACD histogram fluctuates in positive and negative territory. You should look for long position only when the bars are in positive territory and you should be selling only when the bars are in negative territory.
- Stochastic Oscillator
Stochastic Oscillator consists of pink and blue oscillators. When the pink oscillator is above the blue oscillator, it is a buying signal and when the pink oscillator is below the blue oscillator, it is a selling signal.
Trend Following Made Easy Forex Trading System: Buy Signals
- The market should be up trending in a timeframe you are watching.
- The SPAT Smooth HA indicator should be green (market should be above this indicator).
- The Cynthia’s Signal Entry Stop indicator should be blue (market should be above this indicator).
- All the four horizontal bars of Ribbon Trader indicator should be green.
- The MACD indicator should be in positive territory.
- The purple oscillator of Stochastic should be above the blue oscillator.
- Place your long position when all of the above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when the Cynthia’s Signal Entry Stop indicator turns pink.
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Trend Following Made Easy Forex Trading System: Sell Signals
- The market should be down trending in a timeframe you are watching.
- The SPAT Smooth HA indicator should be red (market should be below this indicator).
- The Cynthia’s Signal Entry Stop indicator should be pink (market should be below this indicator).
- All the four horizontal bars of Ribbon Trader indicator should be red.
- The MACD indicator should be in negative territory.
- The purple oscillator of Stochastic should be below the blue oscillator.
- Place your short position when all of the above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when the Cynthia’s Signal Entry Stop indicator turns blue.
