Easy Day Trading Strategy For MT4

Easy Day Trading Strategy For MT4

Table Of Contents:

  1. Easy Day Trading Strategy For MT4
  2. The Easy day trading strategy for forex – Long positions
  3. The Easy day trading strategy for forex – Short positions
  4. Is the Easy day trading strategy for forex good for you?


Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.


The Easy Day Trading Strategy For MT4 , as the name suggests is one of the most simplest ways to day trade the forex markets. This trading system is simply so easy that even beginners can get started, day trading this method.

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The Easy day trading strategy for forex makes use of just a few indicators and trading signals are easy to follow. There are no complicated rules. In fact if one could spend enough time with this method, you could make consistent profits when trading this method.

One of the things to note however is that losses are part of this method. Therefore, it is important that traders pay attention to aspects such as risk management. There are a total of just three indicators used in the Easy day trading strategy for forex. The first is the SS sort term trend indicator. This indicator behaves like a moving average. However, it tends to change color whenever there is a trend change. The SS short term trend indicator is a custom indicator and also has some custom configuration. Not much is know about this trading indicator. Therefore, we recommend that traders leave this settings as it is.

The second indicator used in the Easy day trading strategy for forex is the SS early alert arrows indicator. This indicator is responsible for plotting the up and down arrows. It signals both a change in direction, also known as the short term corrections as well as the change in trend. To trade with the Easy day trading strategy for forex, one simply has to follow the alerts that are plotted. This indicator is also responsible for giving pop up alerts. While the alerts are ok if you are using the template on just one chart, it can throw up multiple alerts if you use the Easy day trading strategy for forex trading template on multiple charts.

However, you can disable the alerts if you want. But on the flipside, you will have to monitor the charts to check if there is any change of the trend. Finally, we have the moving average indicator. The moving average used in the Easy day trading strategy for forex is the five period exponential moving average applied to closing price. This indicator is plotted with the Magenta color on the price chart. The trends are confirmed with the SS short term trend indicator crosses over the moving average indicator.

An important thing to note is that the arrows repaint. Therefore, in hindsight it is easy to see that the arrows are predicting the turning points in price rather accurately. Therefore, traders need to bear this in mind when trading with the Easy day trading strategy for forex. By applying a few tricks, you can indeed avoid the repainting issue.

But as we mentioned earlier, the arrows are reactive. This means that when a arrow is plotted at a high or a low and then a new high or a low is made, the arrows automatically adjust. This tends to lead you to possibly losing trades which you should bear in mind.

All the three indicators combined make up the Easy day trading strategy for forex template. Let's now take a look at how you can trade long or short positions using the Easy day trading strategy for forex.

The Easy day trading strategy for forex – Long positions




For long positions using the Easy day trading strategy for forex, we start by looking at the SS short term trend indicator crossing over or trading above the moving average indicator. This suggests that the market is in an uptrend.

By this time, you would already see that the arrows indicator plots an up arrow on the price chart. Following this, wait for the first candlestick to close above the SS short term trend and moving average indicator.

Open a long position at the start of the next candlestick and set your stop loss to the low of any of the past three candlesticks. Hold the long position until you see an opposite signal showing on the price chart. Alternately, if the SS short term trend and moving average indicator makes a bearish crossover, you should exit your position.

The Easy day trading strategy for forex – Short positions




For short positions using the Easy day trading strategy for forex, we start by looking at the SS short term trend indicator crossing over or trading below the moving average indicator. This suggests that the market is in a down trend.

By this time, you would already see that the arrows indicator plots a down arrow on the price chart. Following this, wait for the first candlestick to close below the SS short term trend and moving average indicator.

Open a short position at the start of the next candlestick and set your stop loss to the high of any of the past three candlesticks. Hold the short position until you see an opposite signal showing on the price chart.

Alternately, if the SS short term trend and moving average indicator makes a bullish crossover, you should exit your position.

Is the Easy day trading strategy for forex good for you?


In conclusion, the Easy day trading strategy for forex is a very simple to trade day trading strategy. This trading system is suitable for beginners as well as expert traders. But the fact that the arrows repaint is something of a concern and trader should bear the risks that comes with repainting indicators.

The trading template that comes with the Easy day trading strategy for forex is very light weight and you can use the template to monitor multiple instruments without the template slowing down your MT4 trading terminal. But the alerts that come with the template can become a bit annoying. The Easy day trading strategy for forex is ideally suited for trading the short term charts. This means that it is perfectly suited to trade up to the 30-minute chart time frame.

If you wish, traders could also experiment using the Easy day trading strategy for forex on higher chart time frames as well, but the results and the performance of the trading system might differ.

Download the complete system description and the files here:

FREE Easy Day Trading Strategy

Download the FREE Easy Day Trading Strategy for MT4.

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