When you want a Forex trading system, you should look for that are enclosed in the heart of many trading system that has worked over the past 20 years and have made millions of people. Therefore, it is essential for the home based Forex traders to know how the system works and why it works. However, before going to a brief study, it is essential that you should get a general introduction on the Forex trading software.
Most automated Forex software has a bad reputation and this is due to the trash the system that has crowded the market and are sold on the basis of unauthentic follow-up records. Naturally, when they carry out are not able to offer the best of the results and not the gain of the negotiation to all!!!! Unfortunately, this system is used at all, because the people are happy to see the software to earn a substantial income for them.
The automated system of Forex EA software works on a particular rule, and follows a four-week trend cycle, which may be referred to as The 4 Week Rule. We will follow the rule:
Purchase of 4 week calendar high and hold a position and then reverse to a short. So when the 4-week calendar hits low, wait for the following week high. In the mean time check out the different aspects and details of the 4 week low to reach the 4 week high. This is a simple strategy, because most of the currency trends start and continue with high and low.