Black King Forex Trading System




The Black King is applicable to all timeframe and can be used in all currency pairs. But for long term entry, these following pairs are suggested: GBPUSD, GBPJPY, GBPCHF & EURUSD with 30 minutes and hourly timeframes.

MT4 Indicators:

  • Heiken Ashi Bar (Price Average Bar) to remove all false exit signals, which tempt us to exit.
  • SMA 5 applied to high and low, forms a channel as a filter to a flat movement that is very dangerous.
  • Trader Dynamics Index, an all in one indicator that shows us market conditions, trends, and volatility. Further, we use it to see precise time to entry and exit.
  • QQE as a secondary indicator that gives us a second opinion in entry and exit.
  • Trader Dynamic Index is combined from:
Relative Strength Index (RSI Price Line) colored green.
Trade Signal Line colored red.
Market Base Line colored yellow.
Volatility Bands colored blue.

Long Entry:

  1. The RSI Price Line is crossing / climbing above Market Base Line (MBS) and Trade Signal Line from below; placed between 50 – 68 lines and trending up.
  2. The Heiken Ashi Bar is green and closing above SMA 5 tunnel.
  3. The SMA 5 tunnel is trending up.
  4. The QQE alert value 1 is crossing QQE alert value 3 from below.
  5. You may consider doing an entry if RSI Price Line crossing upper Volatility Band from below. But you must prepare to exit when it moves down.

Short Entry:

  1. The RSI Price Line is crossing/diving below Market Base Line (MBS) and Trade Signal Line; placed between 32 – 50 line, and trending down.
  2. The Heiken Ashi is red and close below the SMA5 tunnel.
  3. The SMA 5 tunnel is trending down.
  4. The QQE alert value 1 crossing QQE alert value 3 from top.
  5. You may consider doing an entry if RSI Price Line crossing low Volatility Band from the top. But you must prepare to exit when it climbs up.

Exit for Long:

  • Heiken Ashi bar is much shorter than previous, or change into red.
  • Bar Heiken Ashi is closing in the SMA5 tunnel.
  • RSI Price Line is crossing Trade Signal Line from the top, or it is placed above 68 lines.
  • QQE Alert Value 1is crossingQQE value 3.
  • You’ve got more than 50 – 100 pips.

Exit for Short:

  • Heiken Ashi bar is much shorter than previous, or change into green.
  • Bar Heiken Ashi is closing in the SMA5 tunnel.
  • RSI Price Line is crossing Trade Signal Line from below, or it is placed below 32 lines.
  • QQE Alert Value 1is crossingQQE value 3.
  • You’ve got more than 50 – 100 pips.

How to install Black King Forex Trading System?


  • Download Black King 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 Black King Forex Trading System
  • You will see Black King Forex Trading System is available on your Chart

Click here below to download:

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