Vladimir's Forex Lst System Publisher's Description
Directly From Vladimir Ribakov's Trading Room: Multi-confirmation, Divergence-based Forex Alert Trading Strategy, For Dominating Forex In All Market Conditions And Time Frames. Includes A Unique Simulator Software. Metatrader Compatible.
The LST System, pioneered by master trader Vladimir Ribakov, is a hybrid strategy based upon powerful and automated divergence analysis, taking advantage of the cyclical movement of market prices.
LST stands for: Learn, Simulate and Trade. This is not just Vladimir's advice for traders, it is also the exact way the LST system is delivered and traded:
Learn the system and once you're sure you fully understand it, trade it on the unique LST Simulator. Once you feel comfortable and dominate the rules – it is time to trade!
The LST package consists of a multiple confirmation alert system.
It is built to provide clear and confident entry and exit prompts.
The Alert is based on 3 components:
1. Divergence - a unique indicator developed by Vladimir Ribakov and his team, based on the many years of his experience perfecting the art of divergence analysis. The Divergence indicator clearly marks divergences on the chart, and how to use them, eliminating the need for any guess work or mis-interpretation.
2. Candlestick Patterns indicator - a proprietary indicator marking specific Japanese Candlestick patterns with very high success rate potential.
3. Price Tunnel – This indicator will dynamically adapt a special tunnel that marks reactionary areas.
These components work in harmony and are designed to be easy to follow. They were especially built for the LST system and its specific requirements.
The LST System works on any time frame, such as 15 minutes, 1 hour, 4 hours, etc. It is designed to cope with any market condition. This includes both trending markets and markets caught in a range. The You can apply the LST to any currency pair (with preference to the majors).
The LST works on proven statistic principles. On any pip we risk, we aspire to take at least two pips. In other words, the risk-to-reward ratio is at least 1:2 or higher!