Chart Intelligence System No.2

About Chart Intelligence System No.2

Chart Intelligence System No.2 ultra-premium trading system
Original website: www.chartintelligence.com/system2/
Original price: $1,999
Latest version with update, fully compatible with the latest MT4 version!
System No. 2
Volume trading, step-chart histogram and trend cycle analysis: all combined into this re-designed smart and advanced trading system. Unique and creative concept for excellent results. Highly recommended!
MT4 Compatible
Install with one click and the system will smoothly integrate into your Metatrader4 platform.
Buy or Sell?
With our intelligent step-chart histogram and cycle analysers the trade direction is never a question.
Low Risk, High Reward
The custom money management rules will boost your performance and protect the reached profit at the same time.
The Challenge
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.
The Solution
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.
The Results Are Excellent
The power of system No. 2 is in the smart high-volume zone indicator. It is extremely easy to read the custom six color VSA bar charts and with the binary trend cycle analyser it’s never been easier to determine the trend direction.
The parts of the system
License Information Panel: your name, license code and other important information
Trend Bars: The four-color trend bars are the heart and soul of System No2. These provide excellent VSA visualisation so even traders with zero VSA knowledge can follow the signals easily. Light-gray bars indicate a standard bullish candle and dark-gray bars are standard bearish candles. Green bars mean strong bullish power (buy signal) while red bars mean strong bearish power (sell signal).
Trend Rainbow: The multi-color ribbon is an unique and smart trend filter. „Trend is your friend” – this is one of the basic and widely known concepts of the technical analysis. However unfortunately it is not just that easy, as identifying a trend in the beginning of it is one of the hardest tasks in chart analysis. The Trend Ribbon indicator is the best help in identifying a trend. We only buy above the Rainbow and only sell if the price is below the Rainbow.
MainTrend Indicator: The MainTrend Indicator is a smart step-histogram that shows the direction of the main, long-term trend.
SubTrend Indicator: The SubTrend Indicator is a smart step-histogram that shows the direction of the short-term trend cycles.
Volume Meter: The volume meter shows is a secondary confirmation tool that shows the strength of the signals.
Watermark: The Watermark helps traders to trade on different charts at the same time with showing the instrument’s name with capital letters. It can be a big help for anyone who prefers to switch the charts frequently.
The rules of the system
Buy Entry Rules:
The price is above the Trend Ribbon.
The MainTrend histogram is bullish (light color)
The SubTrend histogram is also bullish (light color)
A green TrendBar appears on the chart.
(As a secondary confirmation check that the VolumeMeter stripe for the entry bar is longer than for the previous bar.)
Sell Entry Rules:
The price is below the Trend Ribbon.
The MainTrend histogram is bearish (dark color)
The SubTrend histogram is also bearish (dark color)
A red TrendBar appears on the chart.
(As a secondary confirmation check that the VolumeMeter stripe for the entry bar is longer than for the previous bar.)
Safety Stop Loss:
Put your safety stop loss to the last high/low.
Exit Rules:
You can choose between 3 exit rules, please choose the one that fits to your trading style and money management better.
Exit with SL:TP 1:1 , eg if you put your SL to 40 pips, use a 40 pips TP (“automated” trading)
Exit when the volume becomes weak (the volume-meter shows tiny stripes)
Exit at the nearest round number level (eg 1.2200, 1.4600, etc)
Additional tips:
– You can re-enter every time the TrendBars signal as long as the entry confirmation tools support the entry.
– You can also use the Fibonacci lines as targets (or even find good stop loss zones with it).
– The system performs best on M30, H1, H4 charts, however it can be used on smaller timeframes too with reduced risk. Experience the different timeframes and currency pairs and find your favorites.
– If the Rainbow is very thin and the lines cross each other like a grid, it means the trend is ranging and entering into a trade can be risky.

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