Great Trader Forex Trading System

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Great Trader Forex Trading System

The great trader trading system is based on a dot indicator. This identifies the trend of the market. The indicator will be in a blue and red dot form, blue dot signal will show the increasing market trend (Bull Market) red dot signal will show the decreasing market trend (Bear Market). This works on a 1 minute and 5-minute timeframe that is applicable to major currency pairs.

Metatrader Indicators:

  • Dot Indicator (GreatTrader_NLD)
  • Double Line Indicator (GreatTrader_TLSM) = The indicator in a double line form which is in red and blue color. Double line with blue in color will show the increasing market. Double line with blue in color will show the increasing market (Bull Market). Double line with red in color will show the decreasing market (Bear Market).
  • GreatTraderMACD_Color = the indicator is a normal indicator like MACD but it was been colored followed by the market trend. Blue is the increasing market and red is the decreasing market. The indicator also will show the unpredictable market and it slow and weak (sideway). The indicator will be in the bar form which is in blue and red. Blue will show the market is going up and red will show the market is going down. See the example as at below for your reference.
  • GreatTrader_PW = this indicator comprising with the red, dark red, blue and dark blue. This indicator will measure the strength certain trend. Below is the function of the color

 Blue: Market is going up

Dark Blue: Market is going up and strong trend market.

 Red: Market is going down

   Dark Red: Market is going down and strong trend market.

  • Simple MA = The normal indicator for show major trend.

Buy Entry:

At the time frame 30M:

  1. Simple MA below Candlesticks
  2. GreatTrader_NLD blue color
  3. GreatTrader_TLSM blue colour
  4. GreatTrader_MACD blue colour
  5. GreatTrader_FT blue colour
  6. GreatTrader_PW blue color and fade blue.
  7. At time frame 1M or 5M:
  8. GreatTrader_NLD blue color
  9. GreatTrader_TLSM blue colour

Take Profit: 10 Pips

Stop Loss: 50 pips

(Get the scalper tips at page 18)

Sell Entry:

Pada time frame 30M:

  1. Simple MA higher than the candlestick.
  2. GreatTrader_NLD red color
  3. GreatTrader_TLSM red color
  4. GreatTrader_MACD red color
  5. GreatTrader_FT red color
  6. GreatTrader_PW red color and fade red.
  7. Pada time frame 1M or 5M:
  8. GreatTrader_NLD red color
  9. GreatTrader_TLSM red color

Take Profit: 10 Pips

Stop Loss: 50 Pips

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