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Trading Systems

Information and reviews about Forex trading systems...

Forex Trendy Review

Reviewing the Forex TrendyForex Trendy Trading System Review

Forex Trendy is a semi-automated trading tool that helps traders identify potential opportunities in the Forex market by analyzing price trends across multiple time frames. It scans 34 currency pairs using 9 different time frames, ranging from the 1-minute chart up to the monthly chart. This wide coverage allows the system to detect strong and consistent trends, helping traders make more informed decisions without relying on guesswork or lagging indicators.

  • Trading System Name: Forex Trendy
  • System Type: Trend Scanner & Signaling Machine
  • Signals Delivery: E-mail & Sound Forex Alerts
  • Platforms: MetaTrader / NinjaTrader / TradeStation
  • Price: $37 (3-month subscription)

» Visit Forex Trendy Website

Forex Trendy Basic Information

Forex Trendy is designed for traders who want to focus on identifying the best times to enter the Forex market, without relying on traditional indicators. Instead of using lagging tools, the system analyzes pure market price action to detect strong trends in real time.

1000pip Climber Review

1000pip-Climber-logo

The 1000pip Climber System is a straightforward and user-friendly Forex trading tool designed to generate daily trading signals. It is aimed at helping traders—especially beginners—identify high-probability trade opportunities without needing to perform complex technical analysis themselves.

  • Trading System Name: 1000pip Climber

  • System Type: Manual Forex Signaling Machine

  • Signals Delivery: E-mail, Visual, Sound, and MT4 Alerts

  • Platforms: MT4 (or other platform)

  • Price: $97 (one-off payment)

» The 1000pip Climber website

1000pip Climber Basic Information

The 1000pip Climber continuously analyzes 6 major Forex pairs by focusing on strong trends and high-probability movements. Once a potential profitable trade is identified, the system generates an alert that is delivered to users visually, audibly, or even by email.

Getting Started with Trading Systems

Forex Trading Systems

What Is a Trading System?

A trading system is a defined set of rules and conditions designed to generate buy and sell signals without requiring human intervention. These systems follow a consistent and objective process to make decisions based on historical data, technical indicators, or market patterns.

As technology continues to advance, the trading industry evolves in parallel. Since the early 2000s, automated trading has experienced exponential growth. What was once exclusive to hedge funds and financial institutions is now accessible to retail traders worldwide.

With just a personal computer and an internet connection, modern traders can access hundreds of global financial markets — and even build their own automated trading systems with relative ease and minimal cost.


 

Introduction to Trading Systems -The Two Approaches

 

While there are many ways to categorize trading systems, two primary approaches stand out:

1. Model-Based Systems

These systems are built on predefined rules and assumptions about how markets behave. For example, they might include:

  • Technical indicators (e.g., Moving Averages, RSI, MACD)

  • Price action patterns (e.g., breakouts, reversals)

  • Trend-following logic

Model-based systems are relatively easy to implement and are often used by both beginners and experienced traders.

Identifying the Forex Trend

Identifying the Market Trend

Understanding Market Trends & Trend Identification Systems

 

Accurately recognizing a strong Forex market trend can lead to significant trading profits. Forex currencies tend to trend well, often making long, directional moves. During these extended trends, the likelihood of making profitable trades increases substantially.


 

Distinguishing Market Trends

There are two main types of trends:

(i) Primary Trend

The primary trend is the major market trend. It can last for weeks, months, or even years and typically includes several shorter-term secondary trends. According to Dow Theory, the primary trend strongly influences secondary or minor trends within the same market. Long-term goals of key central banks—especially the Federal Reserve (FED)—play a major role in shaping these primary trends.

(ii) Secondary Trend

A secondary trend is less significant than a primary trend and can last from hours to weeks. These trends often move in the opposite direction of the primary trend and include short-term corrections, take-profit phases, or bear market rallies.


Ranging Markets

Secondary trends also occur in flat or sideways markets, where prices move within a defined range. When the price reaches the upper or lower boundary of this range, it often retraces in the opposite direction, beginning a new secondary trend. This behavior is characteristic of ranging markets.

Technical Analysis Overlays and Indicators

Overlays, Indicators, and Oscillators

Overlays, Indicators, and Oscillators

Technical analysis is a set of tools and techniques used to identify market trends and to determine whether the market is trading at overbought or oversold levels. Below are the basic categories and tools of technical analysis that traders use worldwide:

  • Overlays
  • Price-based indicators
  • Volume-based indicators
  • Market and breadth indicators

Today, hundreds of different indicators are available. Most traders use technical analysis within MetaTrader 4. Other trading platforms, such as NinjaTrader, offer a wide variety of indicators along with advanced charting capabilities. Even Microsoft Excel can serve as a basic framework for implementing technical analysis.

» Review Trading Systems at FxPros.net


 

Important Technical Analysis Indicators

Below is a list of many popular technical analysis indicators and overlays. These tools are used by various types of traders, including Forex traders, stock traders, commodity traders, and more.


Trader-On-Chart Review

1-Click Forex Trading System: Trader-On-Chart

  • Trading System: Trader On Chart
  • Type: MT4 Automation Software
  • Delivery: 1-Click Manual Trading (Forex, CFDs, Metals, etc)
  • Platforms: MetaTrader4
  • Price: 59 Euro (one-time purchase)

 

Overview: Trader-On-Chart

Trader-On-Chart is a powerful plugin for the MetaTrader4 platform designed to enhance manual trading efficiency and accuracy. Tailored for traders who value speed, precision, and smart money management, this software simplifies the execution of trades with just one click. Whether you're trading Forex, CFDs, metals, or indices, Trader-On-Chart streamlines your trading workflow while offering automation for key order parameters.

Compatible with all types of brokerage accounts (ECN, STP, or Dealing Desk), this tool is ideal for both novice and experienced traders. It supports every financial instrument available through MT4 and includes a lifetime license with one year of free updates.