Nicola Delic is giving his Quattro Cash Envelopes System FREE as part of the pre-launch of his Forex Master Levels System. Nicola Delic is a coder and a trader. He trades for a hedge fund. For the next few days, you can download his Quattro Cash Envelopes System template, custom indicators, installer and 11 page PDF FREE. When you download his system, also watch the video in which Nicola Delic answers a number of questions and explains his experiences as a trader. Quattro Cash Envelopes works best on 5 minute and 15 minute timeframe. Below is a screenshot of Quattro Cash Envelopes buy trade!
As you can see in the above screenshot, this system uses a number of indicators to generate buy/sell signals. To be precise Quattro Cash Envelopes uses 4 indicators. Direction Indicator checks the trend on the higher timeframe. Since we will be using this system on 5 minute and 15 minute timeframes, the higher timeframe that Direction Indicator uses will be 1 hour. If the trend is up on the 1 hour chart, Direction Indicator will show a green button on the upper right corner of the chart. On the other hand, if the trend is down on 1 hour chart, it will show a red button on the upper right corner. Let’s discuss them. Direction Indicator tells you the direction in which you should trade. When you have a green button on the upper right corner, you should start thinking about a long trade. Similarly when you see a red button on the upper right corner, you should plan a sell trade with the rules of Quattro Cash Envelopes.
As the name implies this system uses Envelopes to look for trades on lower timeframes of 5 minute and 15 minutes. Envelopes uses two moving averages that are used to define the upper and lower price bands as shown in the screenshots. The Envelopes settings are MA Period=8 and Deviation=0.1. We look for price to touch the upper or the lower bands. For a buy trade, the candle should touch the lower band and for a sell trade, the candle touch the upper band.
When the candle closes above the upper band or the candle closes below the lower band, we use Wilder RSI to further filter the trade. Nicola Delic has modified Wilder RSI so that it generates more accurate signals for his Quattro Cash Envelopes System. For a buy trade, Wilder RSI should be below 30 and for a sell trade, Wilder RSI should be above 70. When the Direction Indicator is green, candle touch the lower envelope and Wilder RSI reading is below 30, we look to EMA 7. When the candle closes above EMA 7, we enter a buy trade. Place the stop loss below the most recent low and the take profit target should be 2 times the stop loss giving a Reward/Risk of 2:1. Below is the screenshot of the sell trade with this system!
For a sell trade, we do the exact opposite of what we did for the buy trade. First the Direction Indicator should be red as shown in the screenshot above. Wait for price to close below the lower envelope or touch the lower envelope. Wilder RSI reading should be above 70. Now wait the candle to close below the EMA 7. This is the sell signal. Place the stop loss just above the most recent swing high. Take profit should be two times the stop loss. In the beginning, you can trade this system on the demo account.
Did I tell you Nicola Delic is a coder and he codes the indicators that he uses in his trading systems himself. He is a good trader as well and trades for a hedge fund. Test his Quattro Cash Envelopes System on the demo account first. Make at least 30-50 trades with his system. If you get good results, you can think about trading live with it. Now in the next few days, he will be opening the doors to his Forex Master Levels System. You can also win a free copy of his Forex Master Levels by leaving a comment on the download page of Quattro Cash Envelopes system. Hundreds of people have left their comments on the download page. Make sure you leave an outstanding comment that tells Nicola Delic what you think about his system and why you think his system can help you in making your dreams a reality.
If you are lucky and he chooses your comment to be best amongst the hundreds that have been already made, you get a copy of Forex Master Levels gratis. By the way, he will be choosing three comments, so he will be giving 3 copies of his Forex Master Levels system gratis. Even if you don’t win it, you can still try his system RISK FREE as he is using Clickbank as the payment provider and Clickbank has a solid 60 days of iron clad money back guarantee. So you can test his Forex Master Levels for two months and if you think it is not good, you can get a refund.