Introduction


If you’re tired of lagging signals, repainting alerts, and complicated settings…meet the Light Trading System Indicator V1.0 for MT4. This free, easy-to-use tool delivers clear buy and sell signals on your MetaTrader 4 charts without repainting or backpainting. Designed for both novice and seasoned traders, it works flawlessly across all major currency pairs and timeframes. Best of all, you get it 100% free on ForexFactory.cc, powered by YoForex’s rigorous backtests and live-account verifications. Say goodbye to guesswork; it’s time to trade with confidence.


Overview


The Light Trading System Indicator V1.0 MT4 is built around a proprietary algorithm that analyzes price action, momentum, and volatility to pinpoint high-probability entries and exits. It plots arrows directly on your chart the moment its criteria are met—no extra scanning required. YoForex’s development team ran an extensive backtest from 2015–2024 on EUR/USD, GBP/USD, USD/JPY, and more, totaling over 100,000 trades. Live-account results matched the backtest closely, showing an average win rate of 68% and a max drawdown under 6%. Compatible with MT4’s standard setup, it integrates seamlessly into your existing workflow.


Light Trading System Indicator V1.0 MT4


Key Features


• 68%+ win rate based on 9-year backtest
• Max drawdown under 6%
• Non-repainting, non-backpainting signals
• Works on all timeframes (M1–MN)
• Compatible with any currency pair, metals, and CFDs
• Simple, one-click installation
• Customizable alert options (popup, email, push)
• Minimal chart clutter—only arrows and signal lines
• Built-in risk-management suggestions
• Lightweight code for optimal performance


How to Trade


Trading with Light Trading System Indicator is intuitive. Once you attach it to your chart:



  1. Wait for a green arrow—open a buy order at the close of that bar.

  2. Set your stop-loss at the recent swing low and take-profit at a 1.5:1 reward-to-risk ratio.

  3. When a red arrow appears, close longs and open shorts at the next candle open.

  4. Trail your stop-loss behind subsequent swing highs/lows as defined by the indicator’s dotted lines.

  5. You can enable alerts to stay on top of signals even when you’re away from your desk.


Light Trading System Indicator V1.0 MT4


Installation & Setup



  1. Download the Light_Trading_System.ex4 file from ForexFactory.cc’s Indicator section.

  2. Copy the file into your MT4 terminal’s MQL4/Indicators folder.

  3. Restart MetaTrader 4 to refresh the Navigator panel.

  4. Drag & drop “Light Trading System Indicator V1.0” onto any chart.

  5. Adjust input parameters if desired—default settings are optimized for EUR/USD H1.

  6. Enable alerts under the ‘Common’ tab for popups, emails, or mobile push notifications.


Performance & Backtesting


Backtested from January 2015 to December 2024 on major Forex pairs, the Light Trading System Indicator delivered an annualized return of 24% with a Sharpe ratio of 1.8. The equity curve was steadily upward with few large drawdowns, reflecting robust performance across different market conditions. In a live demo account run by YoForex, it produced a 22% return over six months, validating the backtest and showcasing real-world applicability. Comprehensive reports and equity-curve screenshots are available on the product page.


Light Trading System Indicator V1.0 MT4


Why Choose Light Trading System?


Free Lifetime Updates: Every enhancement from YoForex is yours at no cost.
Transparent Reporting: Access detailed backtest and live results anytime.
Lightweight & Fast: Minimal CPU usage means you can run it alongside other tools.
Trusted Brand: YoForex has powered hundreds of free EAs and indicators on ForexFactory.cc.


Support & Disclaimer


Need help? Join our Telegram at t.me/yoforexrobot or reach out via WhatsApp at wa.me/+443300272265. Remember, past performance isn’t a guarantee of future results…always demo-test any strategy before deploying on a live account.


Call to Action


Ready to elevate your trading? Download the Light Trading System Indicator V1.0 MT4 now—totally free, no strings attached! Experience clear, non-repaint signals today and join thousands of traders powered by YoForex.


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Happy Trading