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The “So Easy It’s Ridiculous” Trading System

As you can see, we have all the components of a good forex trading system.

First, we’ve decided that this is a swing trading system, and that we will trade on a daily chart.

Next, we use simple moving averages to help us identify a new trend as early as possible.

The RSI is an extra confirmation tool that helps us determine the strength of our trend.

After figuring out our trade setup, we then determined our risk for each trade. For this system, we are willing to risk 100 pips on each trade.

Usually, the higher the time frame, the more pips you should be willing to risk because your gains will typically be larger than if you were to trade on a smaller time frame.

Next, we clearly defined our entry and exit rules. At this point, we would begin the testing phase by starting with manual back tests.

Here’s an example of a long trade setup:

If we went back in time and looked at this chart, we would see that according to our system rules, this would be a good time to go long.

To backtest, you would write down at what price you would’ve entered, your stop loss, and your exit strategy.

Then you would move the chart one candle at a time to see how the trade unfolds.

In this particular case, you would’ve made some decent pips! You could’ve bought yourself something nice after this trade!

Of course, not all your trades will look this sexy. Some will look like ugly heifers, but you should always remember to stay disciplined and stick to your trading system rules.

Here’s an example of a short entry order for the “So Easy It’s Ridiculous” system.

We can see that our criteria is met, as there was a moving average crossover, the Stochastic was showing downward momentum and not yet in oversold territory, and RSI was less than 50.

At this point, we would enter short.

Now we would record our entry price, our stop loss and exit strategy, and then move the chart forward one candle at a time to see what happens.

Boo yeah baby! As it turns out, the trend was pretty strong and pair dropped almost 800 pips before another crossover was made!

Now isn’t that ridiculously easy?

In fact, there is an acronym that you will often see in the trading world called KISS.

It stands for Keep It Simple Stupid!

It basically means that forex trading systems don’t have to be complicated.

You don’t have to have a zillion indicators on your chart. In fact, keeping it simple will give you less of a headache.

The most important thing is discipline. We can’t stress it enough. Well, yes we can.

YOU MUST ALWAYS STICK TO YOUR TRADING SYSTEM RULES!

If you have tested your forex system thoroughly through back testing and by trading it live on a DEMO account for at least 2 months

Then you should feel confident enough to know that as long as you follow your rules, you will end up profitable in the long run.

Trust your system and trust yourself!

If you want to see some examples of some slightly more complicated forex trading systems, take a look at Huck’s HLHB system or Pip Surfer’s Cowabunga system.

Forex trading systems

Forex Force is a fully automated Forex trading system based on price action, volume, and price momentum. The algorithm monitors and analyzes multiple time-frames simultaneously and executes trades only when the risk to reward ratio is favourable. A technique which has been proven to provide consistent returns during a wide range of market conditions.

ProFx 5.0

ProFx 5.0 is a semi-automated forex trading system based on price action and momentum. The software continuously analyzes technical and fundamental market conditions on multiple time frames and provides you with precise trading signals. Built in features such as the adaptive money, take profit and stop loss management explains why ProFx is one of the most popular software among currency traders.

Years in Business

Our Top Features

Broker Independent

Our Forex Trading Systems and Free Tools can be used with every Broker who supports trading with the very popular Meta Trader platform. Currently the platform is supported by more than 98% of all brokers.

Free Updates

Our Team works continually on further improvements and features for our range of currency trading systems. As our client, you will receive build updates and a regular basis and completely free of charge.

We are here for you

Success or failure depends of your mindset, the right tools and having somebody around who is truly interested in your success. We are here for you and provide support through E-Mail, Forum, Chat and remote connections.

Unconditional Refund Policy

Becoming our client is a risk free process. It’s because your order is backed up by our unconditional “No questions asked” refund policy. If you are not 100% happy with it, just let us know, and we’ll issue a full refund.

Auto Adaptive

Volatility, Trends, Price Action. These and other market conditions change continuously. Our systems monitor the trading conditions and adapt automatically, resulting in more consistent trading results.

Easy to use

All our Forex Trading Systems come intuitive user interface and a detailed documentation. This ensures you can start using them efficiently from the beginning without the need of spending hours studying the settings.

What Our Clients Say

Free Forex Indicators

FxPulse 4.0

Fx Pulse 4.0 provides you with real time Forex News and economic data in your language. Plus, it allows you to filter them and interprets the data for you. This means, you will know immediately if the news are positive or negative for the currency pair. Ultimately this leads to quicker, better and more profitable trading decisions when it counts most. Download your copy now, it is free and always will be.

Forex Insider

Forex Insider is a Meta Trader app what allows you to see trading positions of other currency traders. It allows you to spot order imbalances, extreme oversold/overbought conditions and squeeze moves before they happen. Try it for yourself. We are certain you will love the “extra edge” Forex Insider provides you with. Just like Fx Pulse 4.0, Forex Insider is 100% free and always will be.

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