Dave Lex's Trading System - The Trending Hammer

My system is basically very simple. All you need is:-

  1. 20 SMA
  2. Candlesticks

It trades with the trend and as you can probably guess it, it has to do with recognizing the candlestick pattern - Hammer. I have used this system for a few years now and have been raking in pips on a consistent basis and I wish to share this simple system with everyone because I believe sharing is caring =) If you use this system the correct way, it WILL make you money. As it is based on price, it can work on all pairs and all time frames. However, do your testing first before committing real money.

I have attached a pdf file of my system. Please download it and if you have any queries, please feel free to post them here and i’ll try to reply as quick as possible.

thanks for the great system. do you have other systems to share?

I tried the IB and results are good.

pretty smart guy lex is, he comes up with a simple system and then when you open up the file, hes got the link to that bs in my opinion. looks like he an affiliate, which means he hasnt made enough money from trading

I noticed the EA robot the website link talks about in the pdf has nothing to do with the hammer system he talks about here and in the pdf… seems a bit fishy.

exactly, not trying to down the guy, but instead of coming here and bluntly advertising, he did it the sneaky way