How to get the Merdekerama trading system into your MT4 chart.
Just like any other system you first have to download the Merdekerama trading system and save its template in the template folder of the MQL4 of the Metertrader platforms that you are using. The restart the MT4 and right click on the chart that you want to trade using this system. Then click template and chose Merdekerama se and click on it. The template is automatically displayed with all the indicators on the chart.
Using the Merdekerama trading system in your trading
By looking at the chart above with the Merdekerama trading system, it is clear that the use of this system isn’t complicated. Once loaded on the chart it displays the spread of the currency pair under consideration on the top right corner together with the time at various locations in the world.
For a trader to open a buy position the all the indicators have to turn to blue in color showing that there is a rise in the trend. If for example you take a look at the chart above you will notice that all the indicators change between two color; red and blue. The indicators do not always turn to blue at the same time. Some of the indicators may delay while others turn before others. Therefore you have to be patient enough to wait till all the indicators turn blue. And if you are right on time as the indicators turn blue, then you may benefit from making much profit since you would open a trade immediately the signal is given.
To open a sell position the all the indicators have to turn to red in color showing that there is a drop in the trend. The indicators do not always turn to red at the same time. Some of the indicators may delay while others turn before others.
The trade may be closed using take profits and stop losses or manually when an opposite signal is given.