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35#Great Trader Trading System

Great Trader

Submit by Janustrader 22/04/2011

 

Time Frame 1min, 5min.

Pair:Major.

Metatrader Indicators:

Dot Indicator (GreatTrader_NLD)

The indicator will be in a blue and red dot form

The function is to show the market trend

blue dot signal will show the increasing market trend (Bull Market)

red dot signal will show the decreasing market trend (Bear Market).

Double Line Indicator (GreatTrader_TLSM)

The indicator in a double line form which is in red and blue colour.

The function is to show the market trend

Double line with blue in colour will show the increasing market

 Duble line with blue in colour will show the increasing market (Bull Market)

 Double line with red in colour will show the decreasing market (Bear Market)

GreatTraderMACD_Color

The Indicator is a normal indicator like MACD but it was been coloured 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).

Great Trader Forex Trading

Trading System
Great Trader.rar
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GreatTrader_FT

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 colour

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.

 

 

OPEN BUY POSITION WHEN:

At the time frame 30M:

Simple MA below Candlesticks

GreatTrader_NLD blue colour

GreatTrader_TLSM blue colour

GreatTrader_MACD blue colour

GreatTrader_FT blue colour

GreatTrader_PW blue colour and fade blue.

At time frame 1M or 5M:

GreatTrader_NLD blue colour

GreatTrader_TLSM blue colour

Take Profit: 10 Pips

Stop Loss: 50 pips

(Get the scalper tips at page 18)

OPEN SELL POSITION WHEN:

Pada time frame 30M:

Simple MA higher than candlestick.

GreatTrader_NLD red colour

GreatTrader_TLSM red colour

GreatTrader_MACD red colour

GreatTrader_FT red colour

GreatTrader_PW red colour and fade red.

Pada time frame 1M or 5M:

GreatTrader_NLD red colour

GreatTrader_TLSM red colour

Take Profit: 10 Pips

Stop Loss: 50 Pips

 

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