In this post I will be reviewing the Forex Intrepid Strategy which is another manual forex trading system for the MetaTrader 4 platform which is free to download and use from most online forex brokers.
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The Forex Intrepid Strategy contains technical indicators and a strategy template that you can load to your charts in MT4. It will generate trading signals that you can choose to take as they are or add your own additional analysis to further filter the trades.
You may wish to practice with the Forex Intrepid Strategy on a demo account until you get used to how it works and can trade it with some consistency.
Forex Intrepid Strategy
The Forex Intrepid Strategy look to take advantage of minor and major trends that can occur in the markets. When it finds what it deems to be a valid setup, it will alert you with a buy or sell trading signal.
You can set alerts via email, SMS and platform pop-ups so that you don’t need to constantly stare at the charts.
The Forex Intrepid Strategy can monitor multiple chart time frames and trading instruments at the same time.
The Forex Intrepid Strategy can be used on any FX currency pair or other trading instruments such as stocks, commodities, cryptocurrencies, energies, precious metals, etc.
It can also be applied to any chart time frame which makes it a very flexible trading system suitable for different trading styles including scalping, day trading and swing trading.
Forex Intrepid Strategy Summary
Overall, the Forex Intrepid Strategy can produce trading signals although I would personally filter them according to my own market analysis such as economic news, market sentiment, over trend, price action, etc.
That being said, it can be used as a standalone trading system and combines some very useful technical indicators.
Furthermore, it will require good money management and trading discipline in order to get the best out of it.
I would only look for trades that give a positive risk to reward ratio and make sure I am patient when waiting for signals.
The Forex Intrepid Strategy includes instructions, support and free updates.