Trade Forex Trading

Best MetaTrader 4 Templates Example Systems

When creating your own stock system, there are a few things to keep in mind. Your stock strategy needs to be able to identify new Trade market trends, while at the same time making sure you don't to get faked out/whipsaws. The real trick is, once you have created a stock system that works for you, stick to it. Being disciplined will help you a lot in becoming successful in stock indices.

Before Stock Indices on a live account, you have to figure out what stock strategy works for you. It's good to know in what chart timeframe you're going to be working in, and how much you are willing to risk once you start stock indices online. All these factors should be factored in, and should be written down within your stock index plan. A good place to test this stock indices plan would be on a free demo account. This is where you test your stock strategies risk free without investing money to determine which strategy is best suited for you.

So, now how can a trader like you come up with a "good stock system" or the "best stock system"?

To come up with a good stock strategy the first thing to do is to define your objective or goal:

The following example illustrates a goal & explains the rules of how to achieve that goal

Stock System Goals

1.Identify a new trend

Moving average crossover method stock strategy is the most commonly used strategy to identify a new stock trend. Time to open a long or short trade is determined when two moving averages indicators cross over or cross under each other.

2.Confirm the new trend

RSI(RSI) Indicator and Stochastic Indicator are the most commonly used stock indicators to confirm a trend.

Indicator based Stock System

The best type of a stock indices method is one that is indicator-based. You'll find it straight forward to generate the stock signals & thus less error-prone on your part and this will help you to avoid market whipsaws.

There are several things we want to achieve when creating a system:

1. Find entry points as early as possible.
2. Find exit points securing maximum gains.
3. Avoid fake entry & exit signals.
4. Proper Money Management Rules

Finishing these 4 goals will result in a profitable stock strategy that works.

The last piece of info needed, is deciding how aggressive you are going to be when entering and exiting a trade. Those traders who are more aggressive wouldn't wait until the chart candle stick closes & would enter as soon as their technical indicators match up. But most traders would wait until the stock chart candlestick of the chart time frame they are using has closed, to have more stability when entering a the market.

To get profits out of the stock market you need to build your own profitable stock system: a method that will generate profitable stock signals. You need to have your own stock strategy which will help you achieve your financial goals. Sometimes the best systems are the ones that you build on your own. No need to keep searching online for the best systems or for stock systems which work, this website provides you with all the tools required to help you & guide you on how to create your own stock systems.

Below is example of a trade system based on RSI, MACD and Stochastic.

Stock System - Best MT4 Templates Stock Systems

The stock system example above is comprised of four technical indicators in total, all of these generate trade signals using different strategies, the moving average will generate stock signals using the MA cross over method shown, the RSI indicator, Stochastic indicator and MACD indicator use different technical analysis to generate the long and short signals as revealed in the above example. How to generate these Stock signals is discussed in next course (on the sidebar navigation learn tutorials menu under key concepts).

For beginner traders, it is difficult for them to create their own trading strategies since they don't have much knowledge about the market. However, this learn stock indices website will explain how a beginner trader can create their own free stock system in just seven easy steps. The best strategy is the one you come up with yourself & learn how to trade the stock market with it.

The main advantage of creating your own free systems is that you'll know how to make profits by yourself - & not rely on other peoples efforts.

In the next lesson located at the sidebar navigation learn courses menu below the stock indices key concepts will show you how to create a stock system like the one above, write it's stock indices rules and how to back-test the system on a practice practice account before using it on a live account.

Best MetaTrader 4 Templates Example Systems

Stock Strategy

The moving average indicator cross over method uses two moving averages to generate Stock signals. The first Moving average uses a shorter period & the second is a longer period.

MA Crossover Technique - MA Cross-over Stock Indices Method

This above stock indices method is referred to as the MA cross over method because stock signals are generated when two averages cross above or below each other.

Stock System Example - Short & Long signal Generated by Stock System

A buy signal or going long trade is generated when the shorter moving average indicator crosses above longer moving average technical indicator (Both Moving Averages Going Up).

A sell signal or a going short trade is generated when the shorter average indicator crosses below longer moving average technical indicator (Both Moving Averages Moving Down).

Best MetaTrader 4 Templates Example Systems

Stochastic Oscillator technical indicator can be combined with other indicators to form a system.

• RSI indicator
• MACD indicator
• Moving Averages trading technical indicators

Trading Systems Trading Examples - Best MT4 Templates Stock Systems

Short Signal or Sell Signal

How the short sell signal was generated

From our stock indices rules the short signal is generated when:

1. Both Moving Averages are heading down
2. RSI is below 50
3. Stochastic moving downward
4. MACD heading downward below center-line

The short signal was generated when all the written stock indices rules were met. The exit signal is generated when a stock trade signal in opposite direction is generated.

Good thing about using such a stock indices method is that we are using different types of indicators to confirm the stock signals and avoid as many whipsaws as possible in the process.

• Stochastic - stock indices momentum oscillator
• RSI - stock indices momentum oscillator
• Moving Averages Indices TradingTechnical Indicator - stock trend following indicator
• MACD - stock trend following oscillator

Based on the chart time frame used - this strategy can be used as Stock Indices scalping system when the minute charts are used or as a Stock Indices day stock system when hourly charts are used.

Example 3: Trading Strategy Example

This system is fully explained within the stock index plan on the stock index plan lesson on this learn stock indices web site under the Stock Indices key concepts section located on right navigation menu.

Chart Time Frame

1 hour stock chart

Trading Technical Indicators which spot a new trend

MA Cross-over Technical Indicators Strategy

Indicators that confirm the stock trend

RSI indicator

STOCHASTIC OSCILLATOR trading indicator

Long Entry - Buy Signal

1. Both MA(moving averages) pointing up

2. RSI above 50

3. Both stochastics going up

Short Entry - Sell Signal

1. Both MA pointing down

2. RSI below 50

3. Both stochastics going down

Exit Signal

1. MA Indicator gives opposite signal

2. RSI gives opposite signal

Money Management in Indices Trading

Stop Loss - 35 pips

Take Profit Order - 70 pips

Reward to Risk 2:1

Best MT4 Templates Indices Systems

The Gann Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Trend to form a complete Stock Indices strategy commonly referred to as the - 'New Gann Swing Chartist Plan'. Within this methodology the Gann Swing Oscillator is used to help determine stock market swings for trading only within the prevailing market trend is shown by the Gann Trend.

Below is example of the New Gann Swing Chartist Plan

Gann Chartist Plan - Stock Systems - Meta Trader 4 Template Stock System