Andrew Forex Trading System
Watch the testing video here:
Buy (Long) Ingress: Supertrend1 line should be green. nonlagdot should be above the Supertrend1 line and Nonlagdot changes from red to blue.
A position should be opened by execution of a pending order. The order is placed on the upper point of the market extreme, which is composed after the first rebounce of the market downward (when closing price is lower than antecedent one). That is one should wait until, the price has exceeded the point of extreme, and only then buy. However, if the price fails to exceed the caliber of the point of extreme, one should wait. After the formation of an incipient point of the market extreme, the order should be shifted to that point. If the color of nonlagdot or supertrend1 changes to red, the order should be abrogated.
How to install Andrew Forex Trading System in forex trading platform metatrader 4 (Mt4)?
- Extract the downloaded Andrew Forex Trading System.rar.
- Go to “File menu” in Mt4 trading platform and click “open data folder”.
- Open templates folder and paste the mine.tpl file.
- Open Mql4 folder and open the indicators folder. Now paste the nonlagdot.ex4, nonlagdot.mq4, Supertrend1.ex4 and Supertrend1.mq4 files into indicators folder and restart the MetaTrader 4.
