In this post I will be reviewing the Big Three Indicator which is a combination of technical indicators and traders dashboard to be used on the free to download and widely available MetaTrader 4 trading platform. Most good forex brokers worldwide provide the mt4 platform and will allow you to open a demo account to practice trading with manual forex trading systems such as the Big Three Indicator. The Big Three Indicator developer has a number of different forex products available with this being one of the most popular ones. It is very easy to use and thus suitable for beginner and advanced traders.
Big Three Indicator Trading System
The Big Three Indicator is based on analysing the trend direction on multiple timeframes to generate colour coded signals and alerts for the manual forex trader to consider placing a trade. You can run the Big Three Indicator on multiple charts and multiple timeframes to give you signals when it finds suitable trading opportunities. You can then decide if you wish to take the signals it generates which are clearly colour coded or wait until the next signal. You may also add your own technical, fundamental or price action analysis to compliment the Big Three Indicator. The success of trading with the Big Three Indicator will depend on the money management used. I would personally use a good risk to reward ratio so that the winning trades outweigh the losing trades because this way we could have less than a 50% win rate and still make a profit! I would also use the major currency pairs as the Big Three Indicator is a trend based strategy and the major pairs such as the EURUSD & GBPUSD tend to trade more with plenty of liquidity. I would also use an ECN forex broker for best price execution speeds, low spreads and low commissions.
Big Three Indicator Summary
Overall, the Big Three Indicator is a solid manual forex trading system in my opinion which is very flexible and can be used around your schedule on any currency pair or timeframe. It is very easy to use and has a clean look to it, especially with the dashboard that is included. The Big Three Indicator comes with detailed instructions, plenty of trading examples, multiple bonuses, full support and a money back guarantee.