Highly Effective LR Forex Technical Trading System and Strategy

LR Forex Trading System and Strategy – Over last few years I have spent 100’s of hours testing different indicators and $1000’s buying systems that just don’t work. I have been using this set up for over 6 months now and it works better than anything else I ever purchased or tried using.

 
I have put all these indicators and settings together myself. Everything was custom made for me. I am sure you will be very happy with the results my trading system will bring you, just like I was.
 
You will find the following items in the downloaded folder.

 

Indicators:

1. LRFF-SINGLE TREND ARROW.ex4
2. LRFF-MV TREND ARROW.ex4
3. LRFF-MTF SINGLE TREND.ex4
4. LRFF-10.2 TmaSlope v.8_2.ex4
5. LRFF-Wave.ex4
6. LRFF-CLOCK INFO.ex4

 

Templates:

1. lrff – long term trader – client.tpl
2. lrff – trend trader – client.tpl
3. lrff – scalper – client.tpl
4. lrff – 20 pips a day – client.tpl

 

HOW TO TRADE LONG TERM TRADER SYSTEM

 

Buy & Sell Entry Rules

Sell when RED arrow appear, price bar closed below RED wave line on chart and the RSI is below the 50 line.

Exit straight away when you see RED arrow on opposite side. Do the complete opposite for buy order!

(In example bellow I am using the RED vertical lines to show the SELL signal and EXIT) And BLUE vertical line for BUY signal.

 

HOW TO TRADE TREND TRADER SYSTEM

 

Buy & Sell Entry Rules

Start to Sell when RED arrow appear, price bar closed below RED wave line on chart and the RSI is below the 50 line. Exit straight away when you see GOLD arrow on opposite side. Re-enter when GOLD arrow showing the same direction as the RED arrow . Do the complete opposite for BUY entries. You are trading in one direction only RED to RED arrow.

(In example bellow I am using the RED vertical lines to show the SELL signals entries) And BLUE vertical lines for all exit signals.

 

HOW TO TRADE 20 PIPS A DAY TRADER SYSTEM MUST USE 15 MIN CHART

 

Buy & Sell Entry Rules

First check the direction of the RED arrow, after the price bar closes at the red box wall enter in the same direction as the RED arrow with TP 20 pips or (15 pips if you want to be super safe!)Also make sure that the 1, 5 and 15 min arrows are in same direction on the indicator MTFLRFF. (indicator pic bellow). You can set the TP and walk away!

 

RSI also must be above 50 if buying or bellow 50 if selling!!!! And Wave Indicator Blue if buying or Orange if selling!

(In example bellow I am using the YELLOW vertical line to show the BUY signal entry).

 

HOW TO TRADE SCALPING TRADER SYSTEM – 1 OR 5 MIN CHART

 

Buy & Sell Entry Rules

Only trade during London and N.Y times for best results. Use Gold arrows for entry and exits with confirmation of Wave and RSI indicators for entry. (Scalping Tip – Best to scalp in red arrow direction only and higher time frame confirmation on the MTF-LRFF indicator). Entry and exits shown by yellow vertical lines.

 

EXAMPLE OF A COMPLETE TRADES – Using DAILY Chart

 

 

The Sell Trade Result – 8217 pips.

The Buy Trade Result – 12700 pips.

The Sell Trade Result – 20077 pips.

The Buy Trade Result – 11205 pips.

The Sell Trade Result – 3828 pips.

The Buy Trade Result – 7400+ pips.

THATS OVER 63,427 PIPS USING DAILY SET UP!!!

 

ANOTHER WAY TO TAKE PROFIT

 

Use the “Fibonacci Retracement” tool on your MT4 and draw it from previous low to high if selling or other way around for buying and make 50% your first target and 61.8 second target and last target when the diamond shows up. Or just take profit at any desired level.

 

Example of buy set up bellow:

 

Example of sell set up bellow:

 

STOP LOSS

 

There is few ways you can use stop loss on my trading system.
STOP LOSS 200 PIPS (5 digit broker) or 20 pips (4 digit broker) or 200 pips below or above the recent peak/valley.

IF STOP LOSS BEEN HIT DO NOT RE ENTER UNTIL ANOTHER ARROW APPEAR
OR
USE STOP LOSS WITH TRAILING STOPLOSS – Use 200 pip stop loss (5 digit broker) or 20 on 4 digit broker, on entry…
Put on TRAIL STOP LOSS of 100 pips (5 digit) or 10 pips(4 digit) or use 50/5 pips trail if you like but its better 100 to give it room to move.

 

EXTREME TRADING TIPS

 

1. You can exit any time you are in profit and wait for next signal.
2. Scalp 5 min time frame.
3. Try different currency pairs. (check history if all entry’s line up)
4. Trade Gold and Silver
5. Best time frames to trade 5 min,15 min,1 hour,1day.
6. Trade with the trend (use daily chart to see direction).
7. Trade during busy times. New York open and UK open.
8. Don’t trade on Fridays
9. Do not trade more then 0.01 lot per $100 ($1000 = 0.10 lot max)
10. Use Stop Loss.
11. Use Trailing Stop
12. Draw Trend lines on high time frames all the way down to the time frame you are using.

I am sure you will be very happy with the results my trading system will bring you, just like I was.