We were asked to create a professional “high-volume zone” style MT4 trading system that is equally perfect for trend-followers and swing traders and has a very good risk/reward ratio. It was also important to create a unique VSA volume bar base chart, and the system needed to show the trend and the important trend cycles too.
We created System No.2. to fit the needs of sophisticated traders who like to combine swing trading with trend-following strategies. We coded a two-component step histogram to show the trend direction and cycles, developed a custom multi-color volume bar base chart for VSA visualisation and even added a brilliant market cycle indicator that represents the trend cycles in a visual way.