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Explosive Trading Technology

TREND RIDER SYSTEM

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INSTALL META TRADER 4 PLATFORM Download Metatader 4.  http://www.fxdd.com/en/forex-tradingsoftware/metatrader.html  Follow the instruction on the screen to complete the set up 

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Explosive Trading Technology

Explosive Trading Technology

OPEN A DEMO ACCOUNT 

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You will be asked for opening an account when running Meta Trader for the first time. Fill up all the necessary information to open a new account and Click Next to continue



Choose your trading server and click next

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Click finish button to complete your account registration process

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TREND RIDER SYSTEM INSTALLATION To install it, just follow the following procedure  You need to close the Meta Trader if you are running it  Go to the place where you save the file trendrider.exe, double click on it to run the installer.  The installer wizard will start and you have to follow the screen instruction to complete the setup process. The setup process includes the following steps 

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STEP 1 

You just have to click Next to continue to next step Explosive Trading Technology

STEP 2 

Choose “I agree….” and click Next to continue Explosive Trading Technology

STEP 3 

Choose the root folder of your Meta Trader and click Next Explosive Trading Technology

STEP 4 

Click Next to continue Explosive Trading Technology

STEP 5 

Congratulations. You’ve completed Explosive Trading Technology

RUNNING RIDER SYSTEM 

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To run Trend Rider System, just start your Meta Trader 4 and load the template. Right Click on your currency chart window and choose Template-> Trend Rider

SYSTEM COMPONENTS Trend Rider System uses three different indicators:  TD 2 Indicator  TD 3 Indicator  StopLoss Indicator 

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LONG ENTRY RULES Enter a LONG position when all following conditions are met:  TD 2 indicator is BLUE and just changes its color from RED to BLUE  TD 3 indicator is BLUE and just changes its color from RED to BLUE 

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SHORT ENTRY RULES Enter a SHORT position when all following conditions are met:  TD 2 is RED and just changes its color from BLUE to RED  TD 3 indicator is RED and just changes its color from BLUE to RED 

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STOP LOSS 

Use the value suggested by the StopLoss Indicator Explosive Trading Technology

EXIT RULES There are two ways to exit your trade  Use take profit level as suggested by the StopLoss Indicator  Exit when the system shows a reversal signal 

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EUR/USD SHORT TRADE EXAMPLE 

In this example, we are going to trade EUR/USD pair. The timeframe used is 4-H. Explosive Trading Technology

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As we can see from the screenshot above, the TD 3 Indicator turned from BLUE into RED. At the same time, the TD 2 indicator also changed its color from BLUE to RED. This was possibly a very good set up for SHORT entry. So, on the opening of the next candle, we entered a SHORT trade at 1.3762. The StopLoss Indicator showed the suggested stop loss was 35 pips above the entry point and so we set stoploss at 1.3797.  The trade went down strongly in our favor direction. When the system generated a reversal signal, we exited our SHORT position at 1.3452 and got 310 pips in profit. 

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EUR/USD LONG TRADE EXAMPLE 

In this example, we are going to trade EUR/USD pair. The timeframe used is Daily Explosive Trading Technology

Explosive Trading Technology

As we can see from the screenshot below, the TD 3 Indicator turned from RED into BLUE. At the same time, the TD 2 indicator also changed its color from RED to BLUE. This was possibly a very good set up for LONG entry. So, on the opening of the next candle, we entered a LONG trade at 1.3029. The StopLoss Indicator showed the suggested stop loss at 102 pips below the entry point. So we set our stoploss at 1.2927 and take profit level of 204 pips above at 1.3233  The trade went up strongly in our favor direction. When the trade hit our target, it will be closed automatically and got 204 pips in profit. 

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