Abid Method Forex Trading System

The Abid method is based on the envelope and stochastic indicators. This system uses the major currency pairs and can work within a 4-hour timeframe. The stochastic is a simple momentum oscillator that can help identify overbought or oversold in the certain currency pairs.

MT4 Indicators:

  • 1 Envelope (24, MA Simple, Close 0,38);
  • 2 Envelope (24, MA Simple, Close 0,23);
  • 3 Envelope (24, MA Simple, Close 0,62);
  • 4H chart Stochastic (8,8,13);
  • 1H chart Stochastic (14,8,13);
  • 15 and 30 min char Stochastic (21,8,13);
  • Money flow index (MFI) period 21;
  • Relative strength index (RSI) period 14 ;
  • William’s percent range (%R) period 35.

Short Entry:

  1. Red dot Shi_silvertrend must appear.
  2. The trend encounters with resistance (any level of band) or end of the sugarush wave as a sign of exhaustion level, which means that the pair is suitable for selling;
  3. The level of the stochastic is at the overbought level and the stochastic cross;
  4. %R confirm the overbought level.
  5. RSI and MFI confirm the overbought level.

Long Entry:

  1. The trend is likely at the end of the sugarush wave or finds strong support level.
  2. The blue dot of Shi_silvertrend must appear.
  3. The level of the stochastic is at the oversold level and waiting for the cross.
  4. The %R confirm oversold level.
  5. The RSI and MFI confirm the oversold level.

How to install Abid Method Forex Trading System?

  • Download Abid Method Forex Trading System.zip
  • Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
  • Copy tpl file (Template) to your Metatrader Directory / templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex system
  • Right click on your trading chart and hover on “Template”
  • Move right to select Abid Method Forex Trading System
  • You will see Abid Method Forex Trading System is available on your Chart

Click here below to download:

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