Delan Forex system Revisited is a forex trading system and it is based on a trend following forex trading system. Delan Forex system Revisited is a very simple forex trading system and it can be used by both beginner level traders and expert level traders. With Delan Forex system Revisited forex trading system you can trade on both trend direction and counter trend direction. You can use Delan Forex System Revisited in multiple time frames and you can also use multiple currency pairs to make money consistently in forex market.
When you install Delan Forex System Revisited in your metatrader 4, your chart should look like this:
- Moving Average
Moving average of period 1 is used in this forex trading system but they but value are applied to first indicator’s data. This makes this indicator unique.
- Arrows
You can see green and pink arrows on the main chart. Green arrows indicate buying signal while the pink arrows indicate selling signal.
- Zeorn
Zeron indicator oscillates in positive and negative territory. When these oscillators are in positive territory it indicates bullish market conditions and when this oscillator is in negative territory it indicates selling signal.
Buying Conditions Using Delan Forex System Revisited.
- Moving Average
Moving average of period 1 is used in this forex trading system but they but value are applied to first indicator’s data. This makes this indicator unique.
- Arrows
You can see green and pink arrows on the main chart. Green arrows indicate buying signal while the pink arrows indicate selling signal.
- Zeorn
Zeron indicator oscillates in positive and negative territory. When these oscillators are in positive territory it indicates bullish market conditions and when this oscillator is in negative territory it indicates selling signal.
Buying Conditions Using Delan Forex System Revisited.
- Market should be down trending.
- Market should be below the moving average.
- A pink arrow should appear above the market.
- Zero indicator should be in negative territory.
- Place your short position when all of the above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when a green arrow appears below the market.
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