X-Brain Method - A Convenient Trading System

The X-Brain Method is a trading system built on price action patterns and channel breakouts, similar to many others. It essentially combines standard MetaTrader 4 indicators into a cohesive system. Its user-friendly interface is designed to be easily understood, even by novice traders. The developers, who sell this "golden goose" for $297, claim an impressive signal accuracy rate of 96%! Could this be the Holy Grail?

Characteristics of the True Stochastic Indicator:
Platform: MetaTrader 4
Currency Pairs: Any, with a recommendation for major pairs
Trading Time: Any session
Time Frame: Any, with a recommendation for M15 and H1
Recommended Brokers: Roboforex, XM, FBS
Trading Rules:
The indicator features an informational dashboard that not only provides details about account balance, spread, and current session but also serves as a trading filter. It indicates the current direction of the main trend and the price channel. Alongside the dashboard, the indicator offers signal arrows (for market entry points) and channel lines, which assist in setting trading targets and Stop Loss levels.

This video provides a clearer insight into the potential of the signal dashboard and other system settings:

As a trend trading system, a single arrow with an alert isn't sufficient for entering a trade. To ensure maximum signal accuracy, it's advisable to align the signal direction with the main trend and channel direction. This approach helps protect against false signals, though it doesn't eliminate them entirely.

Buy Signal:

Green Arrow + Alert
Main Trend: UP
Channel Direction: UP
x-brain-buy

Sell Signal:

Red Arrow + Alert
Main Trend: DOWN
Channel Direction: DOWN
x-brain-sell

Channel lines can be used to set Take Profit and Stop Loss levels.

An interesting feature of this system is the implementation of trading signal notifications in the form of a pop-up window directly on the PC desktop:

desktop-alerts

In addition, traditional alert systems via Email, phone, and MT4 alerts are also available.

X-Brain offers three trading templates tailored to different trading styles and risk levels:

Scalping Template:
Time Frame: M1 - M5
Aggressive trading style
Very high signal frequency
Standard Template (recommended):
Time Frame: M15 - H1
Balanced trading style
High signal frequency
Long-Term Template:
Time Frame: H4 - MN
Conservative trading style
Medium signal frequency
Be sure to test this system on a demo account before using it on a real account.

Avoid using the system during major economic news releases, adhere to money management principles, and trade only with funds you can afford to lose.