In this post I will be reviewing the Forex 1 Minute Trader Trading System. This is a manual forex trading strategy specifically developed for the MetaTrader 4 trading platform. As the name suggests, this is a forex trading system for trading on 1 minute charts. It can take lots of practice and skill to successful trade on such a small time frame. I would be using a true ECN forex broker especially when trading on the 1 minute charts as I find that they can give some of the lowest trading costs and fastest execution speeds possible.
Forex 1 Minute Trader Trading System
The Forex 1 Minute Trader Trading System trades on the 1 minute charts so is considered a forex scalping system. The 1 minute time frame can be very unpredictable but does give plenty of trading action if that is your preferred trading style and you have the time to do so.
Also, it can be used on any currency pair or another time frame if you wish. It uses 2 custom made technical analysis indicators called “1 min power mountain” and “1 min power line”. I would say that a lot of how the signals performs will depend on money management and discipline.
You can filter signals with your own market analysis or use it as is with the provided entry and exit signals.
Forex 1 Minute Trader Trading System Summary
Overall this is a very basic forex scalping system. It includes step by step instructions that are easy to follow and you can spend some time testing it on a demo account to see if it is suitable for you as it does come with a 60 day money back guarantee. Indicators and full support are also included. Just be careful manually trading on the 1 minute time frame as there can be a lot of noise that will whipsaw you in and out of the market especially using a tight stop loss.