• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

SD Trading System

May 4, 2015 by Dominic Walsh 2 Comments

The SD Trading System is a system used for scalping and it was designed and submitted by Zeno and it is free to download.

This system is mainly for trading the major currencies like the EUR/USD, GBP/USD, CAD/USD, and so on. The traders should ensure that they use a timeframe lesser than the five minute timeframe. Also while choosing the majors to trade, try and choose the pairs that have a spread of less than 25 points.

This system emplys the use of several indicators namely:

  1. The Hama Indicator
  2. The Candle indicator
  3. The MacdOsama indicator
  4. The Moving Average indicator
  5. SD Alarm indicator

SD Trading System the template

Fig.the template of the SD Trading System

The main indicator that this scalpping system is based on is the Hama indicator. This indicator draws blue and red bars directly on the forex price chart. It gives a series of blue bars to denote bullish pressure or up trending and  while a succession of red bars to represent bearish pressure or presence of a down trending. The indicator can be used on any currency pair and time frame.

When and what type of trade to open

  1. Entering a long or buy position on SD Trading System

You are only supposed to open a buy order when the Hama bars turn to blue and the candle indicator becomes green. Also the MACD indicator should be above the zero level. The Hama indicator should also be greeter or above the Moving Average indicator.

If making profits, the order should be closed 15 pips above the entry point or when the daily Fibonacci level is hit. As a trader you should be disciplined enough to close the trade at this level since failure to do so may lead to a loss due to reverse in trend.

However, if the opened trade begins by making a loss give it 5 minutes since you are using the 5M timeframe and if it persist to make a loss you close it. Also you may decide to close the trade when it goes 10 pips below the level the order was opened.

  1. Entering a short or sell position on SD Trading System

You are only supposed to open a sell order when the Hama bars turn to red and the candle indicator becomes purple. Also the MACD indicator should be below the zero level. The Hama indicator should also be lesser or above the Moving Average indicator.

When making profits, the sell order should be closed 15 pips below the entry point or when the daily Fibonacci level is reached. As a trader you should be well-organized enough to close the trade at this level since failure to do so may lead to a loss due to reverse in trend.

However, if the opened trade begins by making a loss give it 5 minutes since you are using the 5M timeframe and if it persist to make a loss you close it. Also you may decide to close the trade when it has moved 10 to 15 pips above the level the order was opened.

SD Trading System opening and closing trade

Fig. when to open and close trades

Open demo account to test this system.

Download Free SD Trading System

Download SD Trading System

Filed Under: Free Metatrader Systems Tagged With: Heiken Ashi indicator, MACD indicator

Comments

  1. Joseph says

    May 4, 2015 at 3:22 pm

    Give me the manual instruction on how to attached it

    Reply
  2. Dominic Walsh says

    May 4, 2015 at 4:14 pm

    Try to follow this video guide: https://www.youtube.com/watch?v=bATN4WRkfwk

    This guide should load all indicators correctly.

    New MT4 600+ built installation guide

    Open MT4 platform. Click: File/Open Data Folder. Inside click:
    MQL4/Indicators – and paste all system indicators. Do same with
    template at File/Open Data Folder/templates.

    After finished restart you MT4 platform for changes to apply.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • February 2023 (1)
  • January 2023 (6)
  • December 2022 (7)
  • November 2022 (19)
  • October 2022 (20)
  • September 2022 (27)
  • August 2022 (13)
  • July 2022 (4)
  • June 2022 (2)
  • May 2022 (2)
  • April 2022 (3)
  • March 2022 (5)
  • February 2022 (3)
  • January 2022 (5)
  • December 2021 (1)
  • November 2021 (3)
  • October 2021 (3)
  • September 2021 (2)
  • August 2021 (1)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (6)
  • April 2020 (7)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (11)
  • August 2018 (5)
  • July 2018 (6)
  • June 2018 (3)
  • May 2018 (6)
  • April 2018 (2)
  • March 2018 (9)
  • February 2018 (8)
  • January 2018 (10)
  • December 2017 (10)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (29)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Daily Forecast
  • Tradingview Tools
  • Courses
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2023 Forexobroker

Copyright © 2023 · Magazine Pro Theme on Genesis Framework · WordPress · Log in