Belly Forex System MT4 – Free Profitable Trading System (Update)

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Belly Forex System Review

Belly Forex System Vs1 –is a trading system based on renko chart with the purpose of filtering all market noise (Manipulations and spikes).
The system run under 2 different time frames and the settings may vary according to trader style (scalper, day trader, and swing and position trader). The settings can be done by changing the EA configurations.

Name: Belly Forex System vs1
Terminal: MT4
Accuracy: 85%- 95% depending on traders’ RR-Ratio.
Time frames: H4-Candlesticks chart where the EA will be plotted and running
M2- offline chart where the system will run and generate buy and sell signals.
OBS: The H4 timeframe will work together with the M2 timeframe.

 

Best Brokers List 

The Belly Forex System works with any broker and any type of account, but we recommend our clients to use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear FoundedHeadquarteredLeverageMinimum DepositRegulating
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2007Sydney, Australia1:500$200ASIC
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2009Belize1:2000$10CySEC, IFSC
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2009UK1:888$5FCA
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2008Cyprus1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2006Dublin, Ireland1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2009Belize1:3000$1IFCS
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)Register2008Port Vila 1: 1000$10VFSC

Belly Forex System Setting

HOW TO OPEN THE SYSTEM ON CHART

 Due to the fact that Mt4 or even MT5 don’t offer M2 as the default chart and the system can’t run without an M2 timeframe. So we recur to PERIOD CONVERTING PROCESS. This is step number 1.

STEP 1:

Use the default script to convert or to generate M2 Timeframe on MT4 or MT5.
 Open navigator and go to script and there will be the period converter script.

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

 

 Drag the script to your chart (can be any chart you want) and do the settings.

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

The default value is 3, we change it to 2- which means we make available the M2 Timeframe and click ok. Then it’s all done.

STEP 2:

Open the candlestick chart that we want to Trade
SETTINGS:
1. For currencies:
SCALPER: Renko box size _1 or 2, Timeframe 1Hour or 4 hours.
Day trader: Renko box size _4 or 5, Timeframe 4 hours or 1 day.
Swing trader: Renko box size _10 or 15, Timeframe 1day or 1 week.
2. For high volatility assets (gold, silver, nas, SMP, etc.)
SCALPER: Renko box size _50, Timeframe 4hours.
Day trader: Renko box size _100, Timeframe 1day.
Swing trader: Renko box size _200, Timeframe 1week.

 Open the chart you want to trade according to your style and asset class
Example: I want to trade on gold (XAU/USD) and I am a day trader. ( I will use Renko box size _100, Timeframe 1day).
1. Open the gold chart in a 1D timeframe.
2. Drag the Renko EA on your chart (Renko live chart pimped)

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

 

1- Box size according to your style.
2- Show wicks put (false)
3- Allow DLL IMPORTS

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

OBS: the settings must be done on the chart you want to trade.

Once you done the settings and click ok you will see this information on top somewhere on your chart

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Now the Renko EA is running on your chart and to open the Renko chart you need to follow the instruction on the panel.

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

1. Go on FILE;
2. Open offline

Once you click open offline you will open a list with a bunch of assets in a different timeframe
Then you must look for the particular currency or just asset you running the RENKO EA and open the M2 TIMEFRAME

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Open the chart with a double click and you will open the M2 Timeframe.
OBS: the price will move on M2 once the candlesticks chart is open, don’t close the Candlesticks chart that is running the EA.

After clicking the M2 offline chart you will open this chart.

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

And the final step is to open the Belly Forex System.

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

 

HOW THE SYSTEM Work The Belly Forex System

The system work based on Renko EA that filter all the market noise and it’s composed of advanced tool such as:

 Daily dynamic

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Daily dynamic is the trend calculator that measures the power between bulls and bears and provides information on the overall market direction of the particular asset (smart money and dumb money).

 Candlestick direction

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Candlestick direction shows the information of the market in terms of different candlesticks on different time frames, this information can be useful when traders don’t want to focus on the candlestick chart and only want to focus on the system.

Currency straight gria
Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

This tool measures the strength of two currencies, or the stronger and the weaker currencies.

 

 Arrows Up arrows 1

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Arrow 1, it’s for alert it warns you about a reversal
Arrow 2, will confirm the sell signal

Down arrows 2

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Arrow 1, it’s for alert it warns you about a reversal
Arrow 2, will confirm the buy signal

 

Belly Forex System, Belly Forex System MT4 – Free Profitable Trading System (Update)

Market cycle and winner trend are just to confirm and follow the market movement, sometimes they leg but don’t affect the system performance.

 

Belly System Forex Free Download 

We highly recommend trying the Belly Forex System for at least a week with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

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Belly Forex System MT4 – Free Profitable Trading System (Update) Contents 1 Belly Forex System Review 2 Best Brokers List 3 Belly Forex System Setting 4 HOW TO OPEN THE SYSTEM ON CHART 4.1 STEP 1: 4.2 STEP 2: 5 HOW THE SYSTEM Work The Belly Forex System 5.1 Daily dynamic 5.2 Candlestick direction 5.3 Currency straight gria 5.4 Arrows Up arrows 1 5.5 Down
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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2022] whose only purpose in life is to live according to our own design and desire. For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable.

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