Redder FX System looks like an attractive but complicated system. As well as membership currently runs a huge cash worth of $1997. On the other hand, it has extremely positive reviews over at FPA, plus the individual who runs it seems to actually identify what he’s doing. I want to study a few pdfs that were provided to observe what I can collect from the system, but from what I’ve read it’s one of those systems that’s superior when trained rather than just reading. I am adding an image of Redder FX System for your review:
This is Redder FX System E/U 1h chart with RSI (5), 50 level and 50sma. The Sell happened only when PA closes below 50sma and RSI crosses below 50 levels. And the Buy happened only when PA closes above 50sma and RSI crosses above 50 levels. SL is usually depends on your risk and MM, for this kind of entries I use maximum 60 pips.
TP-daily/weekly/monthly S/R-I use FMRL numbers which are obtainable at FF for GBP30/month however you can employ the indicators from breakout system, I just like FMRL levels because they very precise and I am fond of them.