Raitis trading system is an amazing trading strategy which is developed for trading in the forex market. Raitis trading system is a forex trading strategy which allows you to follow the trend in the market. In another words it is a trend following forex trading system. Another reason why this trading system is so cool is because of its simplicity. This trading system is really very simple to use. Whether you are an expert or an amateur Raitis trading system will help you to make money consistently in the foreign exchange market. This system is available on two time frames one is 15 minutes and another is on hourly. It is up to you traders which one do you choose.
Raitis Trading System uses four technical indicators which we will discuss below. When the Raitis trading system is correctly installed on your trading platform your chart window should look like this:
- Heiken Ashi: Heiken Ashi chart is a special type of price chart. It is the averaged form of the normal price chart. It smoothen the chart removing the noise from the market. It becomes green when the market is bullish and orange when the market is bearish. It is one of the major indicators in Raitis trading system that will generate the trading signal.
- Raitis Price Channel: Raitis Price channel is a technical indicator what appears below and above the price bars. When the market is bullish it appears below the price and it is green in color while it is orange in color and moves above the price when the market is bearish.
- Raitis Stochastic: RSI stochastic consists of two moving averages which are green and orange in colors. It has four significant levels -100, -50, 0, 50, and 100. Market is rising when the stochastic is in the positive territory and vice versa.
- Raitis CyFilter: Raitis CyFilter is a technical indicator which appears at the bottom of your chart. The Raitis CyFilter is basically found in two colors; orange and green. You would be looking for buy opportunities when the stochastic is green in color and vice versa.
Buying Conditions Using Raitis Trading System.
- Heiken Ashi Bar should be green.
- Raitis price channel should be green in color.
- Raitis Stochastic should be in the positive territory.
- Raitis CyFilter should be green.
- Place your stop just below the recent swing low.
- You should take your profits as soon as the Raitis CyFilter turns to orange color.
Selling Conditions Using Raitis Trading System.
- Heiken Ashi Bar should be orange in color.
- Raitis price channel should be orange in color.
- Raitis Stochastic should be in the negative territory.
- Raitis CyFilter should be orange in color.
- Place your stop just above the recent swing high.
- You should take your profits as soon as the Raitis CyFilter turns to green
Open demo account to test this system.
Download Free Forex Raitis Trading System
It’s powerful because it’s complete… Even the currencies power is included. Excellent and free! Many thanks
Thank you many times for, first, NON-Repainting Indicators and, second, for the code base, giving a chance to tune those indicators in accordance to personal preferences.
You are doing some amazing charity!!!