Volatility Quality System GBP USD For MT4

Volatility Quality  System GBP USD For MT4

Table Of Contents:

  1. Volatility Quality System GBP USD For MT4
  2. The Volatility quality system for GBPUSD – Long positions
  3. The Volatility quality system for GBPUSD – Short positions
  4. Is the Volatility quality system for GBPUSD effective for trading forex?


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 Volatility Quality System GBP USD For MT4 is a trading system, which as the name suggests is applicable only for the GBPUSD currency pair. Quite interestingly, this trading system only makes use of the TRO tunnel indicator.

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As you can see from the charts, the TRO tunnel indicator plots the three lines which resembles three moving averages. And indeed, it is just that. The TRO tunnel indicator combines all the three indicators. Using the settings page, you are able to set the moving average periods and the type of moving average that are being used.

Therefore, you can choose from the four types of moving averages, which is basically the simple moving average, the exponential moving average, the smoothed moving average or the linear weighted moving average. The settings can further be customized by choosing the value to base the moving average calculation from. This means that you can choose either the open, high, low and close, as well as the median and the mean price levels.

The TRO tunnel indicator is also responsible for painting the candlestick charts. Trends are somewhat easy to see, but they don't offer any edge when it comes to using this trading system.

The Volatility quality system for GBPUSD also uses two other indicators. But these indicators do not work due to incompatibility of the MQL code with the latest MT4 build. Therefore, we make do with the indicators that we have. But at the same time, you can also use this bare bone trading template by further customizing it. This means that you can further add indicators that can complement the moving averages. We recommend using oscillators such as the Stochastics or the Relative strength index indicator to understand the momentum of the price action.

If you want to use the Volatility quality system for GBPUSD on the short term intraday charts, then you could very well make use of intraday pivot levels indicator as well. These levels can be used for booking your take profits.

It is up to your imagination on how further you could customize the Volatility quality system for GBPUSD. Ideally this trading system is suited for only the 4-hour chart time frame. But since moving averages basically show the same information, which is the trend, there is no reason why cannot use the Volatility quality system for GBPUSD on the short term chart time frames as well.

Another point to note is that while the Volatility quality system for GBPUSD claims that it can be used only on the GBPUSD chart, by analyzing the only indicator that works, you can use this template on any other instrument of your choice. This trading system by no means gives you any edge for sticking just to the GBPUSD currency pair.

Let’s now take a look at how you can trade long and short positions using the Volatility quality system for GBPUSD.

The Volatility quality system for GBPUSD – Long positions




For long positions using the Volatility quality system for GBPUSD, we look for the moving averages to be bullish. This means that the short term moving average should be trading above the long term moving average. Once you see this, wait for price to also make a few bullish candlestick patterns above the moving averages.

Now take a long position at the market at the open of the next candlestick. Set the stop loss to the recent swing low point that you see prior to taking the long position. For take profits you can either use a fixed risk to reward set up or simply follow the trend.

Because the Volatility quality system for GBPUSD is a trend following system, you should this trading strategy only when the markets are in a strong trend. You can also make sure to hold on to the long position during strong trends to increase your profits.

The Volatility quality system for GBPUSD – Short positions




For short positions using the Volatility quality system for GBPUSD, we look for the moving averages to be bearish. This means that the short term moving average should be trading below the long term moving average. Once you see this, wait for price to also make a few bearish candlestick patterns below the moving averages.

Now take a short position at the market at the open of the next candlestick. Set the stop loss to the recent swing high point that you see prior to taking the short position. For take profits you can either use a fixed risk to reward set up or simply follow the trend.

Because the Volatility quality system for GBPUSD is a trend following system, you should this trading strategy only when the markets are in a strong trend. You can also make sure to hold on to the short position during strong trends to increase your profits.

Is the Volatility quality system for GBPUSD effective for trading forex?


In conclusion, the Volatility quality system for GBPUSD is an absolute failure for the mere fact that the full set of indicators do not work. What you are left with evidently is just the set of moving averages. This makes the Volatility quality system for GBPUSD no different from using a trading system that uses regular moving averages.

But as we outlined earlier, you can customize and enhance this trading system by using a combination of other indicators that can be valuable in providing the market information you need for trading with this method.

Also, as we mentioned earlier, there is no real edge that you get from using the Volatility quality system for GBPUSD. Therefore, you can use the Volatility quality system for GBPUSD trading system on just about any other currency pair. The only thing to bear in mind is that the Volatility quality system for GBPUSD is a simple trend following system. So as long as you use this on a currency pair with good trend, you are fine.

Beginners can use the Volatility quality system for GBPUSD as an easy way to practice trend trending. The template can be applied to both short term as well as long term time frames.

Download the complete system description and the files here:

FREE Volatility Quality System GBP USD

Download the FREE Volatility Quality System GBP USD for MT4.

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