You haven’t seen Forex MT4 Batch Sales Signals System working on W5m chart before, you don’t even know anything about it. This does not mean that you cannot use the same concept to create your own forex trading signal system. The concept behind any Forex trading system is the use of accurate analysis techniques, whether fundamental or technical analysis to achieve consistent gains in forex trading. It is possible to do this, although it requires time and effort.
There are 2 important things you must know when creating your own Forex Signal system on MT4 or using the best automated Forex system suggested below. The steps may seem simple enough to create your own Forex trading signal system but remember , Worth doing something worth doing properly. You may be able to finish these 2 important steps quickly but only with effort can meaningful optimal results be obtained. Let’s get started.
1. Determine forex trends accurately and easily
To accurately and easily determine the trend of price movement. You can use the Forex indicator on MT4 to move towards the Forex market on your own. For example, we will try to use RSI (Relative Strength Index) by choosing the great indicator to determine the Forex trend. If the line of RSI is bigger than 50, then it is a trend. If the RSI lines are less than 50, it means a down trend. This strategy is very effective for all TFs (timelines).
If RSI lines are greater than 50 = up trend (buy signal)
If the number of RSI lines is less than 50 = down trend (sell signal)
2. Proper trade position = profit
Take the right time position? The exact time to take the position of the moment is in “over buy” or “oversold”. So, how do I do that? Very simple, follow my simple strategy below.
If the RSI lines on the weekly chart are greater than 50+ numbers (the RSI line exceeds 20 numbers on the 4 hour chart) = Buy signal
If the RSI lines in the weekly chart are less than 50+ numbers (RSI line 4 hours cross down 80) = Sell signal