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sRs Trend Rider 2.0 - Best Forex Trading System “My Best kept SECRET To Ride The Trend And Extract 100-200 PIPs/Day – GUARANTEED!”
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Introduction The Rapid Dollar System is a relatively simple, yet very effective and profitable system I created after I spent a lot of time examining the market and the trends. It is a trend following system and it uses combinations of Exponential and Simple moving averages. This system works on any currency pair and all timeframes, from 5-minute to daily. It also has two exit strategies: the hard Take Profit target as well as trailing method, so everyone can choose what they are most comfortable with. It is suitable for everyone, from beginners to experienced traders, as long as you follow the rules and don't try to bend them to get more signals.
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How To Install The installation of Rapid Dollar System is actually very easy, since it comes with an autoinstaller which will take care of everything for you. 1. After you downloaded RapidDollarSystem.zip, if you have Windows 7 or higher you can either right click on the file and choose “Extract” or simply double click to open it. If you have a Windows version prior to Win 7, you’ll have to download a free tool for extracting zip files, like WinRar.
2. After you’ve opened (or extracted) the downloaded archive, simply double click on the RapidDollarSystem.exe file inside to start the autoinstallation process.
3. If you get a security warning, click “Run”. If you get a User Account warning, click “Yes”. 4. First, you’ll be prompted with the main installation window, where you can simply click “Next”.
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5. Next step is to read the licence agreement, check “I accept this agreement” and click “Next”.
6. Next step is to select the MT4 folders in which you wish to install the software. If your broker/platform is installed, but not showing up, you can use the “Add a MetaTrader folder” button to manually select the folder where your platform is installed. After that, hit the “Next” button.
7. For the next three steps, you can just click “Next” and the indicator will be installed for you. 8. Then simply click “Finish” and you’re done.
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If you open your MetaTrader4 platform and open the Navigator window (View -> Navigator or CRTL + N), you should see two new indicators installed, RD Band and RD Line. The autoinstaller also installed a template for you to use, called "RapidDollarSystem". To apply the template that has both indicators and all colors already set up for you, go to: Charts -> Template -> RapidDollarSystem.
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Components of the system Rapid Dollar System consists of two custom indicators: 
RD Band

RD Lines
RD Band RD Band is a custom indicator that is based on the trend direction. By just one look at it you can see whether to look for long (buy) or short (sell) trades. Blue color represents uptrend and possible long trades, while orange represents downtrend and possible short trades. It also consists of a middle white line, that will help us define the entry signals.
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RD Lines The RD Lines is another custom indicator built for this system and it's based on moving average calculations. It consists of two lines: 
Upper green line

Lower red line
The upper line will help us in determining long entries, while the lower line will help us in determining the short entries. If you decide to use the Stop Loss trailing method for exiting the trades, we will trail the Stop Loss using those two lines.
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LONG/BUY RULES
On the image above I’ve drawn a white vertical line through the signal candle. This represents the moment that all the conditions for long (buy) entry were met as per the rules below: 1. The price must close above the white line of the RD Band indicator 2. Next (signal) candle must close above the green RD Line 3. If both conditions were met, place the entry order at at the close of the signal candle 4. Place the Stop Loss at the red RD Line of the signal candle 5. There are two choices for exiting the trade: a. Place Take Profit at 1:1 ratio; or b. Trail the Stop Loss on the red RD Line
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SHORT/SELL RULES
On the image above I’ve drawn a white vertical line through the signal candle. This represents the moment that all the conditions for short (sell) entry were met as is set out as per the rules below: 1. The price must close below the white line of the RD Band indicator 2. Next (signal) candle must close below the red RD Line 3. If both conditions were met, place the entry order at at the close of the signal candle 4. Place the Stop Loss at the green RD Line of the signal candle 5. There are two choices for exiting the trade: a. Place Take Profit at 1:1 ratio; or b. Trail the Stop Loss on the green RD Line
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BUY/LONG Examples USDCHF H1 Buy
This is a trade I took on the USDCHF pair, H1 timeframe using 1:1 risk to reward ratio for setting my target. First, the price broke and closed above the white line of the RD Band indicator (1). After that, the next candle closed above the green RD Line (2), which created a valid entry signal for the trade. Trade was eneter at the close of that candle (3). Stop Loss was placed on the red RD Line, directly below the signal (entry) candle (4). Take profit was set using 1:1 risk to reward ratio (5) and it was reached 3 candles after the entry.
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NZDUSD M5 Buy
I took this buy trade on NZDUSD pair, M5 timeframe using trailing stop method. The price started to climb and it closed above the white line od the RD Bands indicator (1). The following candle closed above the green RD Line (2), which created a buy signal. Therefore, I took the trade on the close of the signal (entry) candle (3) and set the Stop Loss on the red RD Line, directly below the signal candle (4). This time I used trailing method and I moved my Stop Loss gradually, using the lower red RD Line to trail it (5). This time the trailing method produced better result than a hard target, reaching the risk to reward ratio of 1:5.
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SELL/SHORT Examples EURUSD H4 Sell
This is the trade I took on the EURUSD pair, H4 timeframe and I used a hard Take Profit Target set at 1:1 risk to reward ratio. First, the price crossed below the white line od RD Band indicator and closed below it (1). The next candle closed below the red RD Line (2), which created an entry signal that was taken on the close of that candle (3). Stop Loss was placed on the green RD Line, directly above the signal (entry) candle (4). Take Profit was placed at the same distance from the entry as the Stop Loss, using 1:1 risk to reward ratio (5) and it was reached 5 candles after the trade was taken.
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GBUSD M15 Sell
On this trade I took on GBPUSD par, M15 timeframe, I used trailing Stop Loss method. First of all, the price crossed and closed below the white line of the RD Band indicator (1). After that, the following candle closed below the red RD Line (2), making that candle a signal (entry) candle. Since both conditions for the entry were met, I placed the Sell Order at the close of the signal candle (3). I placed the stop Loss directly above the signal candle, right on the green RD Line (4). This time I used trailing method for exiting my trade and I trailed the stop loss on the green RD Line until it was hit and I was taken out of the trade with a profit (5). In this example, trailing method produced very similar results as a hard target set at 1:1.
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When not to trade Knowing when you should enter the trade is, of course, the most important part of any system, but it is equally important to know when you should not trade. There are occasions in the market where there is stronger possibility that your trade will fail and knowing when those conditions occur will help you filter out a lot of losing trades, therefore making your profits at the end of the month much higher. There are three market conditions when you shoulnd't take the trading signal, even if all the rules of the system are met: 1. Flat/sideways moving market 2. During high impact news
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Flat/sideways moving market If there is no or very low volatility in the market, it's very hard to predict the price movement. Try to avoid taking trades during that time. Image below shows an example of a sideways moving market and a huge breakout and jump in the price afterwards.
You can see, that even after we got the sell signal, the price reversed. If we took that trade we would have been stopped out in the matter of seconds. Avoiding entries while the trend is flat will greatly reduce your losses.
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High impact news Trading during the high impact news releases is another very risky way of trading. Even for fundamental traders, it's very difficult to predict the outcome of the news, that's why it's always a good approach to stay away from the market during the releases of such high impact news. The image below shows a very good example of what happens in the market before and during high impact news releases. The market will always slow down in expectation of the news and usually explode once the figures have been released.
As you can see, taking the trade just before the news release is more or less a gamble and you never want to gamble when you're in the market. How will I know when the news are being released? There are a lot of free economic calendars on the internet, that will give you the date, time and the impact of the scheduled news. It's a good practice to spend a few minutes checking which news are scheduled for the day before you even open your trading platform. That way you'll be prepared and know what's coming.
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Some of the news that have highest impact and that you should avoid are: Non-Farm Payroll (released every first Friday of the month), Rate decisions, Central Bank Conferences/Press releases (like Janet Yellen for FED or Mario Draghi for ECB).
There are other news that will be stated as high impact, but you don't need to avoid all of them, just the strongest market moving events like stated above. CPI, GDP, Trade balance, etc. won't have such an impact on the market.
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Summary Hopefully you liked the system as much as I did creating and using it. It is a very reliable system that can be used on any currency pair and timeframe. It offers you two possible exit strategies and I strongly recommend to start with a hard target and then, as you get comfortable with the system, start using the trailing method.
All the best
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