Forex Analyzer PRO Trading System

Forex Analyzer PRO is an accurate no-repaint versatile trading system that can be used on any currency pair and time frame.

It also includes some other interesting functions such as daily range pips fully automated detection alerts, email alerts and mobile trading alerts.

This is one of the best free forex trading systems for scalping, day trading, swing trading and position trading.

Chart Setup

MetaTrader4 Indicators: ForexAnalyzerPRO.ex4
Preferred Time Frame(s): Any
Recommended Trading Sessions: London & US for scalping and day trading style, 24/7 for swing-and position trading style.
Currency Pairs: Any

Free Download

Download ForexAnalyzerPRO For Free

Example: EUR/USD 4-Hour Chart (Click the chart for full size)

forex-analyzer-pro-fx-system

The figure above shows ForexAnalyzerPRO in action on the H4 Euro/US Dollar chart. The green and red arrows provide you with excellent trading signals.

For best results, it’s highly recommended to go long at the first green arrow, or, go short at the first red arrow.

Check out the easy trading rules below:

Trading Rules

Buy trade conditions:

  • Go long at the first green ForexAnalyzerPRO arrow

==> Enter long position.

Stop-Loss: It’s recommended to place the stop-loss below the most recent support level, it keeps the trading risk low.

Take profit method: Risk:reward 1:2 or better ( risk 50 pips, make 100 pips).

Alternatively, close the buy trade at the first red arrow: bearish trend reversal.

Tip: For the lower timeframe’s (M1, M5, M15, M30), you can close the buy trade at resistance levels R1, R2, R3 (automatically plotted on the chart)

Sell trade:

  • Go short at the first red ForexAnalyzerPRO arrow

==> Enter short position.

Stop-Loss: It’s recommended to place the stop-loss above the most recent resistance level, it keeps the trading risk low.

Take profit method: Risk:reward 1:2 or better ( risk 30 pips, make 60 pips).

Alternatively, close the sell trade at the first green arrow: bullish trend reversal.

Tip: For the lower timeframe’s (M1, M5, M15, M30), you can close the sell trade at support levels S1, S2, S3 (automatically plotted on the chart)

Free Download

Download ForexAnalyzerPRO System For Free.

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  • Works on M1, M5 and UP