The Andrew Forex Trading System comes with an innovative idea of combining Super Trend1 and NonLag Dots for discovering precise buy-sell signals within correct trend directions.
Most importantly, the Andrew Forex Trading System consists of a versatile trading strategy that is highly adaptable to any trading conditions. Besides FX pairs, it supports trading other financial assets too. Also, its Super Trend and NonLag indicators work in all TFs of MT4 platforms.
The Super Trend1 shows you the current trend status. It becomes yellow when the trend is bullish and turns red to signal a bearish trend.
On the other hand, the NonLag Dots works as a trendline support line. For example, the price breaks above the dotted line suggest the trend has switched for a bullish move.
Buy Signal Generation with Andrew Forex Trading System
Before we move on for a buy order, we need to make sure the Super Trend1 value is rising and its level turns yellow confirming a bullish trend condition.
Once you get the trend confirmation, look for a bullish breakout at the NonLag Dot level. Activate a buy order after a bullish price candle manages to close above the dotted trendline resistance.
Read: RoboForex Broker Review
Sell Signal Generation with Andrew Forex Trading System
In the above example, when the price broke below the NonLag Dot, the Super Trend1 instantly switched its color to red.
It means the price has made a bearish breakout following a possible initiation of a bearish trend. In this case, we’ve considered the bearish pin bar right below the Super Trend1 level as the final sell confirmation.
Conclusion
The Andrew Forex Trading System offers a great opportunity to start trading with a simple but legit forex trading strategy.
Besides forex, we’ve also tested the system on stock and cryptocurrency charts and found it working absolutely fine. However, it may generate weak signals during a choppy or sidelined market condition.
Therefore, we suggest traders combine the system with traditional S/R level tools for greater outcomes.
