The LMT Forex Formula (Low Maintenance Trading) is another solid offer by Dean Saunders of 10 Minute Forex Wealth Builder fame.  The system is part MetaTrader Expert Advisor (EA), part manual trend following.  The EA ascertains market trend, calculates stop loss and first profit target based upon market volatility.  Two trading time frames are recommended, daily and 4 hour as well as 11 currency pairs.
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Once a signal is produced via the Expert Advisor, you then apply a few manual checks to determine if …