The Viper trading system is a forex trading system that is based on the awesome indicator with other supporting indicators to confirm. This method is useful in a 1-hour or higher timeframe and works are any currency pairs.
Download link: At the end of the post
Time Frame: H1 or higher.
Currency pairs: any
Indicators:
- I-regr
- StopSar Alert
- Stochastic (55,10,5),
- Stochastic (22, 10,5).
Introduction
Viper Trading System is a combination of Metatrader 4 (MT4) indicator(s) and template.
The essence of this forex system is to transform the accumulated history data and trading signals.
Viper Forex Trading System provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust this system accordingly.
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Screenshot
How to trade
Long Entry:
- Trades must be in the direction of the medium and slow stochastic.
- The price must go outside the lower band and the i-reg channel.
Short Entry:
- Trades must be in the direction of the medium and slow stochastic.
- The price must go outside the higher band and the i-reg channel.
Place stop loss on the previous swing, or 10-15 pips below lower band or above upper band.
Profit Target ratio 1:2 or on the middle band.
i-Regr MT4 Indicator
StopSar Alert MT4 indicator
Download link (Indicators and template)
Indicator:
Template: