[TDT] Reich System:

Welcome ForexStationeers,

Reich System (Reich is German and means Rich) is a System build on the experience I have gathered through my 6Years of Trading,
that includes the Wisdom shared on ForexStation and on other various Sites.

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How to use this System:

I primarily Swing Trade Forex so I personally focus on the 4Hour and Daily Timeframe Chart.

At first you might get overwhelmed looking at the Screenshot and the amount of indicators you see on the Chart, but dont worry.
All of my Indicators are working in tandem.
Meaning they synergise with each other, but are still different enough to filter bad trades out.


Entry Continuation:

First we have to understand the Trend direction.

The Subwindow, Candle colour and the MA's help you with that.

• MA`s must have both the same colour

• The Subwindow must have same colour as desired direction

• Spike indicator is not allowed to show coloured spikes in your desired direction

• VMA Candle Colour must be same colour as desired direction

Enter on Arrow Signal if everything agrees!


Entry Reversal:

• The Spike Indicator must show a coloured spike

• The RSI (subwindow) must change colour

• The VMA Candle must change colour

Enter on Arrow Signal!

Entry Breakout:

If you pay attention you see the VMA Candle changing to a Line, this is the Market pausing.
This is the time you want to look for a breakout Candle, meaning VMA changing from a Line to a Candle.

• MA`s must have both the same colour

• The Subwindow must have same colour as desired direction

• Spike indicator is not allowed to show coloured spikes in your desired direction

• VMA Candle Colour must be same colour as desired direction

• Arrow Signal in desired direction

Enter when VMA line turns to Candle!


Exit:

Here we have several Options, there isnt a best or worst.
It solely depends on your personality and how long you like it stay in a trade

• Exit when the faster MA changes colour

• Exit when VMA changes to a line

• Exit when fast RSI changed colour

• Exit on Spike indicator coloured spike

• Exit on VMA Candle Colour change

• Exit on Donchian Channel

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Basic Chart Explaination

Entry Continuation Example:

Entry Reversal Example:

Entry Breakout Example:

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Indicator & Template:
Please put the folder, NOT just indicators inside the MT4 -> Indicator folder

You may need to adjust the Currency Strength Indicator's place based on your Monitors resolution