Spectrum MT4 Trading Systems

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Spectrum MT4 Trading Systems 1

Spectrum MT4 Trading Systems

The Forex Spectrum System is an effective solution for traders who want to make well-informed decisions in the foreign exchange market. This trading system, which can be used with the MT4 platform, relies on a set of seven distinct indicators to generate non-repaint buy/sell signals that boast high levels of accuracy. This system is particularly suited to trend-following day trading and uses dynamic trendlines, smoothed moving averages, and a variety of trend oscillators to pinpoint promising trading prospects.

One of the key features of Forex Spectrum System is the Probability Meter dashboard indicator, which provides valuable information to help traders make informed decisions. The system is particularly effective on shorter timeframes and is well-suited for scalping or day trading.

In addition to the moving average crossovers and Buy Sell Magic indicators, Forex Spectrum System also includes a triple trend filtering system to ensure that signals are in line with the current market trend. However, it is important to note that this is a manual trend following strategy, and traders will need to use their own judgment and analysis to make decisions about when to enter and exit trades. It is recommended to practice on an MT4 demo account until you feel confident and consistent in your trading.

The smoothed moving averages of the 11 MA (red) and the 21 MA (white) act as dynamic support and resistance levels and provide crossover trend signals. After confirming the trend, you can use the Buy Sell Magic arrow signal to make your primary trading decision. Additionally, the Pivot Points Multi-Timeframes indicator plots horizontal lines to indicate key support and resistance levels for the price.

To ensure the validity of a trade signal, it is important to use the RSI Filter, RBCI Hist, and Solar Wind trend oscillators. These indicators display red and blue bars that confirm buy and sell signals and provide essential trend information. If the Solar Wind shows an opposite trend to your entry, you may consider exiting the trade.

This MT4 trading system is simple and user-friendly, even for beginners. It provides signal alerts through email, mobile notifications, and platform pop-ups, eliminating the need to constantly monitor the charts. The system can be used with any currency pair in the Forex market, as well as other assets such as stocks, commodities, cryptos, precious metals, oil, and gas. It is also suitable for use on any timeframe, ranging from 5-minute to 30-minute charts, and performs optimally on M15 timeframes.

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