Blue Trend Rider Forex System

Blue Trend Rider Forex System is a scalping forex strategy, it works on 5 minutes chart time frame so this forex strategy also known as 5MBlueTRS - 5 Minutes Blue Trend Rider System. Just like its name this forex trading strategy is based on Trend System that means you only trade in the direction of the trend. Good traders always trade in the direction of the trend. Before use this system it's better for you to know the trend for actual week and month. You can get it from forex articles, forex forum or forex review.
How to Use This Forex Strategy

• Copy all the indicators to the expert > Indicators folder. File for the metatrader 4.  You can download all Indicator here
• Load 5minBluet Template.
• Check where the trend is going from the beggining of the Day.
• Best Time: EUR open till US Closes
• Pairs: Low Spread Pairs

Long Signals:

1. Green Yellow red Rainbow – Green must be above red ( trend direction)
2. Big Green Arrow in the Chart. Small Green Arrow in the MACD/MADRO
3. MACD – above or crossing 0 line (or almost crossing going up)
4. MADRO9 – Green X and Square.
5. Stoch Histogram – Crossing 0 line up.
6. The 2 blue Laguerre lines Crossing 0,15 to 0,25 up. If Magenta line is Crossing down in the 0,25 to 0.15 means a strong signal.
7. Ferrufx – Trend Indicator Must be Green, UP and Strong (over 75 %).

Note: You dont have to get all the signals to enter a trade. But IF all the signals are there at the same time, it should be a crystal clear entry.



Short Signals:

1. Green Yellow red Rainbow –Green must be below red ( trend direction)
2. Big Red Arrow in the Chart. Small Red Arrow in the MACD/MADRO
3. MACD –Below or crossing 0 line (or almost crossing going down)
4. MADRO9 –Red Square and Red X.
5. Stoch Histogram – Crossing 0 line down.
6. The 2 blue Laguerre lines Crossing 0,85 to 0,75 up. If Magenta line is Crossing up in the 0,75 to 0.85 means a strong signal.
7. Ferrufx – Trend Indicator Must be red, Down and Strong (over 75 %).

The First Signal that you look is the Big Arrows which comes with na Alert sound. Then you look to stoch see IF its crossing, then look Laguerre, Macd and MADRO 9 and Trend Indicator.
You enter the next bar after the Big Signal Arrow, If you are not sure, you can wait 1 more bar to see if more signals shows. Signals that must be the there to enter a trade: Rainbow in the Rigth Direction, Big Arrow, Laguerre , Stoch, TREND STrong.
The best signals are after retracements and after slow market movement.

Exits:
You may exit anyway you want. Signals for exits: Signal Line changes color, heiken_dash Changes Color, a new Arrow in the other Direction shows, or you may use a 15 or 20 Pips trailing stops with no take limit, you may end up getting 100 pips or so.
Stop Loss:
Use what fits you Best. As long as you are riding the trend, you only get to lose if the trend changes direction and you may manualy close the trade IF the TREND INDICATOR in the FERRUFX goes down to 65% or 60 %. This way you only lose a few pips, and when you win you win a lot. You may use 25 pips stop loss and change it manually as you win pips.

You can trade the ASIAN MArket when the EU and US Markets are closed. The Black Background is the Present Day, check where it begins to know the trend for the Day you are trading.  Leo_BR

Intraday Forex System Using Moving Average

This forex system called intraday because it’s very simply work on 30 minutes chart time frame, although you can use it for 1Hour Chart for midterm trading. Intraday forex system base on breakout or cross of  Moving Average and price action. You can use major pairs  for this forex system

Intraday System Setup:

• Set the chart pattern to filled candle.
• Set the timeframe to 30 minutes
• Set up a moving average line period to 11 days.
• MACD  set 2, 10, 4

You can add  your own indicators for reassurance and entrance/exit, etc.

How to trade
What you are looking for is the moving average line, where the MA crosses the price line. You don’t need to care about it crossing the thin peaks of the high/low lines on the candle, but you have to concentrate on it crossing through the middle of the wide, filled part of the candle, the open close prices. And further yet, it must cross in around the middle of this center section. If it crosses at the top or bottom of the candle centre area, than you can pretty much disregard the trade. It may be profitable, but not worth the risk. Stick with the center of the central region and you will be much safer.

Now to determine direction. If the MA moves from above the price line to below it, the trade is going to be long. And likewise, if the MA moves through the candle from below the price line, the trade will be short. This can be verified by checking your indicators that you have set up to corroborate with your MA. To better clarify this direction idea, if after the cross the price is below the MA, the price is most likely dropping or SHORT. If the after the cross the price is above the MA, the price is considered to be rising and the trade is LONG.

Filter
When the MA crosses the price line through the center of the l wide part of the candle.  You should try and wait at least one more candle before entering a position just to ensure that the cross wasn’t a blip on the radar and its not about to recant its previous move. The chart is set to the 30 minute timeframe, so generally wait 30 minutes or so, unless the market suddenly takes a quick shift in that direction. Then you can open the position to catch the swing.

Another important factor to consider. If the MACD average lines are above the zero line, then you can expect a large climb. If the trade was reported as short, and the average lines on the MACD screen were below the zero line, you could expect to a see a rather large drop.

Stop Loss and Profit
When I say large drop or gain, I am speaking of 75, 100, 150 point gains. This is not to say that if, on a long trade for instance, the average lines on the MACD are BELOW the zero that you will NOT see a gain. It generally will provide a gain, but of 20, 30, or maybe even 50 points. Where you exit the trade is up to you and how much you can tolerate and are willing to risk. If you feel comfortable taking 30 points and are okay with yourself if it does end up going to 150 points above your buy price, then good for you. If you are a thrill-seeker and go for the 150, I wish you all the best of luck! You may or may not need it.