Forex Intrepid Buy Sell Trading Indicator System

The Forex Intrepid Buy Sell Trading Indicator System is a complex forex trading strategy based on a set of indicators, including channel indicators, trend indicators, and MACD.

This system fits all kinds of timeframes and currency pairs.

How does it work? How to apply in trading?

Trading Rules Explanation

Buy Entry

The entry point for long trade occurs when the following conditions are met:

The price should touch the lower band and then turn green;
All PBF Trend bars indicator should be green;
CZI indicator bars should be aqua;
MACD indicator should take negative values.

Sell Entry

The entry point for short trade occurs when the following conditions are met:

The price should touch the upper band and then turn red;
All PBF Trend bars indicator should be red;
CZI indicator bars should be brown;
MACD indicator should take positive values.

Exit Trade / Take Profit

Exit trade when the price touches an opposite channel band, or use your method of trade exit.

As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.

How to set up the Forex Intrepid Buy Sell Trading Indicator System in MT4?

Files Included

Indicators:

CCI_Woodie_Panel_Heart_v4.mq4
CZI.mq4
FR-ReversalPoints.mq4
FX Sniper’s SideWinder Angle.mq4
Kaufman3.mq4
New_Candle_Alarm.mq4
PBF_PB_Direction.mq4
PBF_Squeeze.mq4
PBF_Trend_Bars_v2.mq4
super-signals-channel.mq4
Supertrend1.mq4
TzPivotsD_v3.5 (White).mq4
TzPivotsMW_v3.5 (Black).mq4

Templates:

Forex Intrepid Buy Sell Trading System. tpl

Installation Guide

Copy and paste indicator files into the MQL4 folder of the MetaTrader 4 trading platform.

You can gain access to this folder by clicking the top menu options, which goes as follows:

File > Open Data Folder > MQL4 > Indicators (paste here).

Similarly, copy and paste the template file to the Templates folder.

Now, right-click on the chart, and hover over Templates. You will have displayed a list of available systems; left-click the template name you want to run.

Bottom Line

The Forex Intrepid Buy Sell Trading System is worth adding to your trading collection but requires realistic expectations. Like any other technical forex analysis tool, it cannot provide accurate entry signals 100% of the time. Thus, it will give false signals occasionally. In addition, its performance will vary significantly depending on market conditions.