FOREX for LIVING: Babon Forex Trading System

Babon Forex Trading System

Babon forex trading system is a very simple forex trading strategy which works based on the market trend. The Babon forex trading system is very flexible. Since it can be used according to any trader style. The user can applly it to trade in all sort of time frame and be match to trade it at any currency pairs and commodities market as well. The Babon forex trading system is very simple so that even the a novice traders easily to master it and use it as a machine to generate nice stream of income consistenly. The Babon forex trading system has been tested in live market with not disappointed result.

Mt4 Indicators:

Slope direction line is a custom forex technical indicator. This indicator works like moving average indicator but with additional function which is it has colored line that will changed anytime according to the market condition. When the market condition is up, the color of this indicator will turn green and when the market is in down condition the color of this indicator is red.

Rads MTF is a technical indicator located below main chart with separately window which consists of several horizontal red and green bars. Each bar has different level than other. When the most of this bar levels show the green bars, means a buy signal generated and otherwise when the majority of the levels of the horizontal bars show red bars, it’s a sell signal.

Buy entry:

Slope Direction Line indicator color should be green.
The bars of the Rads MTF indicator the majority should be green.
Place Buy position when all these conditions above are met.
Exit Buy when Slope Direction Line indicator color change to red (opposite direction).

Babon Forex Trading System Buy

Sell entry:

Slope Direction Line indicator color should be red.
The bars of the Rads MTF indicator the majority should be red.
Place Sell position when all these conditions above are met.
Exit Sell when Slope Direction Line indicator color change to green (opposite direction).