Types of systems

We are going to explore four types of systems.

• Range systems
• Break-out systems
• Trend following systems
• Unclassified systems (polynomial extrapolation, statistical correlation etc.)

I believe that this classification is useful because the market moves from one state to the other very often. My opinion is that to say that a scalper's system can cover all the markets states is conceptually wrong idea.

The most important is to judge the market state and to use the most appropriate system.

The central topic of this blog will be the following indicator FDGI: Fractal Dimension Graph Index. This is a free indicator available at the mql code base. This will our mathematical guide in the chaos of Forex.

The idea is to model the complex reasoning of a professional day trader by building and testing strategies.