In this post I will be reviewing the Forex Alozard Strategy which is a manual forex trading system. It runs in the MetaTrader 4 (MT4) trading platform and includes technical indicators along with a trading template.
The Forex Alozard Strategy can be used by traders of all experience levels, you just need an MT4 trading account and the MT4 platform which you can download for free from most online forex brokers.
With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
MT4 is one of the most popular trading platforms which is used by millions of forex traders from all over the globe. You may wish to practice the strategy on a demo trading account until you become familiar with it and start producing consistent results.
Forex Alozard Strategy
The Forex Alozard Strategy aims to spot trend early and filter out the noise from ranging markets. It can be used on any FX currency pair and on any chart time frame.
I tend to find that the long-term time frames of the 1 hour and above produce some of the more obvious mid to long-term trend. The lower time frames can be quite choppy at times.
That being said, the system can be used for scalping, day trading and swing trading. It is very easy to use with clear colour coded signals.
You can also set the Forex Alozard Strategy to send you alert notifications when it finds trading signals via SMS, email and platform pop-ups.
You can take the signals as they are or add your own additional chart analysis to further filter the signals.
Forex Alozard Strategy Summary
Overall, the Forex Alozard Strategy is very flexible but requires that the user implements sound money management principles and has good trading discipline.
I would personally be selective with the signals that I take and add my own analysis for verification. I would also only take trades that offer a favourable risk to reward ratio.
The Forex Alozard Strategy includes instructions, support and free updates.