-

Home Trading Systems Evolution Forex System

Evolution Forex System

Introduction to the Evolution Forex System

The Evolution Forex System is a simple trend reversal strategy.

At the first glance, it may looks like it involves Bollinger Bands, Heiken Ashi candles and buy/sell arrows indicators.

This system fits all kinds of timeframes and currency pairs.

How does it work? How to apply in trading?

Trading Rules Explanation

Buy Entry: Look for long trade, after upward arrow appears on the chart. Candles should be blue and touching the lower band. Place your stop loss a few pips below last swing low.

Sell Entry: Look for short trade, after downward arrow appears on the chart. Candles should be redand touching the upper band. Place your stop loss a few pips above last swing high.

Exit Trade / Take Profit: Close your open position when the trend filter stops colorizing bars, or use your own preferred method of trade exit.

As always, to achieve good results, remember about proper money management.

How to set up the Forex Reversal System in MT4?

Files Included

Indicators:

  • BetterVolume 1.5a Alerts mod.ex4
  • candlestick.ex4
  • Squidster.ex4
  • Squidster1.ex4
  • StochsOverBS.ex4
  • StochsOverBS.mq4

Templates:

  • Evolution Forex 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, that goes as follows:

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

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

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

Free Download

Click the link below:

LINK

Bottom Line

The Evolution Forex System is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, it will provide false signals occasionally. Its performance will vary significantly depending on market conditions.

Popular Posts

100% Non Repaint Forex Scalping Indicator

The 100% non repaint scalping indicator is a custom forex buy and sell arrows signals trading tool for any time frame and currency pair...

Trend Imperator V2 Trading System

Trend Imperator V2 is advanced forex trading system with clear arrows buy and sell signals. In the package you will receive following files: Trend_Imperator_V2e.ex4 Trend_Imperator_V2.ex4...

Supply and Demand Indicator

Shved Supply and Demand The Supply and Demand Indicator is a MetaTrader 5 (MQL5) version of the indicator originally coded by Shved and upgraded by...

Forex Entry Point Indicator

Forex Entry Point indicator was designed to give traders the best possible entry for their long and short trades and it displays pink and...

Xmaster Formula Indicator

Xmaster Formula indicator - ex4 & mq4 The Xmaster Formula Indicator is a custom buy and sell signals forex indicator that works like a charm...

Looking for something?

What is your best indicator?

View Results

Loading ... Loading ...

You might also likeRELATED
Recommended for you