The CLuster Trader Forex Indicator System is a highly effective and reliable trading strategy based on price movement patterns and a set of unique author indicators. This innovative system is designed to provide you with accurate and timely signals to make profitable trades. In this article, we will delve into the various components of the Cluster Trader System and provide you with a FREE download link at the end.

This system is based on 4 different indicators packed into one indicator. The system itself is quick to learn and extremely easy to implement, even if you are entirely new to trading.

This Forex Trading Strategy is entirely manual. The indicators produce the signals, but any decisions to enter the market and to set protection stops or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.

This Forex Indicator System can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, practicing trading on an MT4 demo account can be beneficial until you become consistent and confident enough to go live.

The Cluster Trader System: A Powerful Single Indicator

While the Cluster Trader System may appear to have multiple indicators at first glance, it utilizes only one primary indicator. This powerful indicator encompasses several sub-indicators or components that perform specific functions. These components include:

• Momentum Trend Trader (MTT): This lower histogram determines the market phases by showing the prevailing trend in the market.
• Reverse Point Indicator (RPI): This non-repainting level indicator works on any timeframe, from M1 (1 minute) to W1 (1 week). (Red/Blue rectangles)
• Trend Change Correction (TCC): This signal indicator identifies entry points for corrections using arrows and is suitable for trading with and against the current movement.
• Trend Change (TC): This signal indicator marks the primary entry points for opening a trade during a trend or reversal, using arrows and text.

You can set the CLuster Trader Indicator to send you a signal alert via alerts. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.

This CLuster Trader Trading System can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts.

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Trading Rules for the Cluster Trader Forex Indicator System

Remember to tighten your Stop Losses around High Impact News Releases or avoid trading at least 15 minutes before and after these events when using the Trend Following Strategy.

To successfully trade using the Cluster Trader Forex Indicator System, it is crucial to understand and follow the trading rules for both BUY and SELL positions. These rules ensure that you have the highest probability of making profitable trades by considering the signals from all system components.

BUY Position Rules:

To open a BUY position, the following conditions must be met:

1. The MTT indicator should be green, indicating an uptrend. However, this is not a strict requirement.
2. The level that the price approaches should be blue (Support Level).
3. A green arrow with the text “TC Buy” must appear on the chart.

SELL Position Rules:

To open a SELL position, the following conditions must be met:

1. The MTT indicator should be red, indicating a downtrend. However, this is not a strict requirement.
2. The level that the price approaches should be red (Resistance Level).
3. A red arrow with the text “TC Sell” must appear on the chart.

Adhering to these trading rules can enhance your trading experience and improve your chances of making profitable trades using the Cluster Trader Forex Indicator System. Always practice proper risk management and remain disciplined in your trading approach.

Trade Exist

Any positions with this Forex Indicator System can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support, resistance, or high-low level as a reference point. You may also exit the trade manually if the system conditions reverse (the opposite signal appears).

It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advocated.

Trading Recommendations for the Cluster Trader System

In addition to the standard trading rules, the Cluster Trader System also offers straightforward trading recommendations to enhance your trading experience:

1. When the MTT indicator turns yellow, the market is in a flat phase. In such cases, you should only trade from the levels, with the strongest levels being the ones that have not been broken through yet.
2. When trading against the trend, it is not necessary to trade from the level, but the presence of an arrow on the TCC indicator (correction) is an essential condition.
3. Although scalping transactions are allowed, they carry increased risk. This approach can be used for transactions, but keep in mind that the Cluster Trader System is designed for trend trading and the probability of incurring a loss when scalping is higher. As such, we do not recommend trading this way.

• Read More Oracle Scalper – Best NON-Repaint Trading Indicator of 2023

Conclusion

The Cluster Trader Forex Indicator System is a comprehensive and powerful trading tool that provides accurate signals and user-friendly trading recommendations. Its single indicator, composed of multiple components, makes it easy for traders to customize their trading experience.