Swing Trading System - a ready-made indicators trading system for manual trading
We present to you one of the many trading strategies for SWING TRADING, which works on the basis of several proprietary technical indicators and is capable of giving a good profit to the user. You can get this system for free and use it as a separate trading system or as a component of your strategy for trading on the financial market.
So, we can say that this SWING TRADING SYSTEM on the MT4 platform looks like this:
This MT4 SWING TRADING SYSTEM gives 2 trading signals - the first signal about a medium-term market reversal and the second signal about the emergence of short-term swing patterns. Thus, having received the first signal, we can prepare for new transactions and start trading after the second signal.
all trading signals are displayed on the quote chart with arrows in the corresponding direction in which it is necessary to open trading positions.
According to our personal observation, the medium-term signals of this trading system are more accurate than the short-term ones. Therefore, if you decide to test this Swing strategy for manual trading on your MT4 platform, we advise you to pay attention to the large arrows, which quite accurately show the reversal of the medium-term trend. It is better not to use small arrows about local swing reversals. They are almost always so late that it is too late to make a deal in this direction.
Also, the authors of this strategy did not resolve the issue of where to set goals for TP and SL. It is not clear where to take profits or cut losses. This is very bad.
Thus, it is best to use signals about medium-term SWING reversals to build your own system. As a basis, this Swing Trading System is suitable as it gives good trading signals in the medium-term market.