The Thunder Force System is a trend-based trading tool developed to assist traders in identifying potential buying and selling opportunities in the foreign exchange market. With its intuitive, color-coded signals, it simplifies market analysis, making it suitable for both beginners and experienced traders alike.
Overview of this MT4 Forex System
This MT4 Forex System operates on a straightforward visual approach, using indicators that make it easy for traders to spot market trends. The main feature of the Thunder Force Forex system is its use of candlesticks as signal indicators. These candlesticks reflect the market’s primary trend, allowing traders to react accordingly.
The system consists of three key indicators:
- ThunderMain – This is the core signal indicator. It combines several technical tools, such as Moving Averages, RSI, and Support and Resistance levels, to provide an accurate analysis of market conditions and pinpoint buying and selling signals.
- Flash Volt – This auxiliary filter indicator enhances the system’s visual appeal by highlighting trends. While optional, it offers a cleaner, more attractive interface. The inclusion of the Heiken Ashi feature can sometimes be confusing, but it helps confirm trends visually.
- Metal Candles – Positioned as a lower multi-timeframe trend indicator, Metal Candles help traders by showing the direction of the trend on both current and higher timeframes. This provides a useful filter to confirm the market’s strength and potential direction before entering trades.
One of the standout features of the Thunder Force System is its accessibility. Due to its clear signals and uncomplicated interface, even those with no prior trading experience can easily understand and use this system. The system’s indicators are designed to be intuitive, making it suitable for short and medium term trading.
MT4 Forex 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.
You can set the Thunder Force System to send you a signal alert via email, Mobile Notification, or platform pop-ups. 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.
MT4 Forex 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. But it works best on lower time frames.
Thunder Force Forex System offers a straightforward approach to Forex trading. Once you’ve set up the system on your Metatrader 4 chart, it will display the buy/sell signals in real-time, guiding you to make informed decisions.
The system provides three different signals:
- Signal BUY – This signal instructs you to buy the Forex pair now. It indicates that the system’s predictive algorithm has determined a likely increase in its value.
- Signal SELL – You should sell the Forex pair now upon receiving this signal. The algorithm has predicted a possible decrease in its value.
- Signal WAIT – The Wait signal indicates holding off any action and waiting for the next available signal. It essentially informs you that the system hasn’t detected a clear trading opportunity.
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Trading rules for Thunder Force System
Remember to tighten your Stop Losses around High-Impact News Releases using this Thunder Force System or avoid trading for at least 15 minutes before and after these events.
As always, proper money management is key to achieving good results. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions, such as low volume/volatility, beyond major sessions, exotic currency pairs, wider spreads, etc.
Buy
- A green up arrow appears from the ThunderMain indicator, indicating a buy opportunity.
- The Metal Candles confirm an uptrend across all four timeframes, displaying four green squares.
Sell
- A red down arrow appears from the ThunderMain indicator, indicating a sell opportunity.
- The Metal Candles confirm a downtrend across all four timeframes, showing four red squares.
Exit Strategy
For exits, it is recommended that you set your Stop Loss at the most recent price minimum or maximum. A general guideline is to place the Take Profit three times the size of the Stop Loss, though this can be adjusted depending on the timeframe and individual trading strategy.
Conclusion
The Thunder Force System has solid trading potential, particularly for those who prefer trend-based strategies. Its signals are well-timed and balanced, making it useful for various market conditions. The MT4 forex system can accommodate both beginners who appreciate its simplicity and more experienced traders who benefit from the comprehensive market analysis provided by its indicators.
