Time frame – 4 hour.
Indicators used in 4H Trader Forex Trading System.
- 4hrTrader
- Forex Guide
Buy – When 4H Trader Arrow Buy and 3 or 4 green square of the forex Guide indicator.
Sell – When 4H Trader Arrow Sell and 3 or 4 red square of the forex guide indicator.
Stop loss & Take Profit – Initial Stop loss at the previous swing. Exit Position at the opposite arrow or with a profit target predetermined.
(downloadable file 4H Trader Forex Trading System.rar contains 4hrTrader.ex4, Forex Guide.ex4 and 4h trader forex trading system.tpl)
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How to install 4H Trader Forex Trading System in forex trading platform metatrader 4 (Mt4)?
- Extract the downloaded 4H Trader Forex Trading System.rar.
- Go to “File menu” in Mt4 trading platform and click “open data folder”.
- Open templates folder and paste the 4h trader forex trading system.tpl file.
- Open Mql4 folder and open the indicators folder. Now paste the 4hrTrader.ex4 and Forex Guide.ex4 files into indicators folder and restart the MetaTrader 4.