427# Trend Rider Trading System
Trend Following System

Sumit by Monks 03/02/2013
Trend Rider Trading System uses three different indicators:
• TD 2 Indicator
• TD 3 Indicator
• StopLoss Indicator
LONG ENTRY RULES
• Enter a LONG position when all following
conditions are met:
• TD 2 indicator is BLUE and just changes its
color from RED to BLUE
• TD 3 indicator is BLUE and just changes its
color from RED to BLUE
SHORT ENTRY RULES
• Enter a SHORT position when all following
conditions are met:
• TD 2 is RED and just changes its color from
BLUE to RED
• TD 3 indicator is RED and just changes its color
from BLUE to RED

EXIT RULES
• There are two ways to exit your trade
• Use take profit level as suggested by the
StopLoss Indicator
• Exit when the system shows a reversal signal
EUR/USD Short Trade Example
• In this example, we are going to trade
EUR/USD pair. The timeframe used is 4-H.• As we can see from the screenshot above, the TD
3 Indicator turned from BLUE into RED. At the
same time, the TD 2 indicator also changed its
color from BLUE to RED. This was possibly a very
good set up for SHORT entry. So, on the opening
of the next candle, we entered a SHORT trade at
1.3762.
The StopLoss Indicator showed the suggested stop loss was 35 pips above the entry
point and so we set stoploss at 1.3797.
• The trade went down strongly in our favor direction. When the system generated a reversal signal, we exited our SHORT position at 1.3452 and got 310 pips in profit.
Farhad (Monday, 19 August 2019 20:05)
Hi, is there td2 and td3 indicators for mt5?
blue girl (Monday, 24 September 2018 23:21)
repaint and do not use it!!
some people sell it to anyone for 90 $ !!!!
oh my GOD
catador4255 (Wednesday, 26 June 2013 04:22)
Don't bother trying it!!! TD2 and TD3 repaint closed bars of the histogram...