Best 4 hour forex trading system

Today I will create the four hour forex trading system. My goal is to keep it as simple as possible.

I used to trade with the one directional grid trading on the daily chart. Now I will try to use it on the 4 hour chart.

First of all, I will build a forex trading plan and a forex trading checklist.

A lot of beginners think it's a waste of time. But professional traders believe it can allow you to trade with less emotion and stress. It is especially important that you will have a framework to measure the trading performance.

Second, I will decide to trade the major pairs like USDJPY

Third, I have to use only two forex indicators, the Relative Strength Index and the average directional index.

Fourth, don't forget to check out the forex trading daily chart.

USDJPY forex trading daily chart

From the USDJPY daily chart, we can see the Average Directional Index is below 25. So USDJPY is in a sideways market on the daily chart. 

Now, I will find the support and resistance levels on the USDJPY 4-hour chart. And then I will use the bidirectional grid trading system.

the bidirectional grid trading system

• My grid spacing is 47 pips
• My grid lot size is 0.02 lots
• My take profit is 47 pips and can't set stop loss order.
• I place buy limit orders near support lines 
• I place sell limit orders near resistance
• Every day I will set new forex limit orders
• When the forex market is trending, I will use a buy-and-hold strategy.

Fifth, I won't start my own forex trading business directly. I will demo trade until I develop a solid, profitable system. 

1. I am going to open a demo account and practice the best 4 hour forex trading strategy.
2. I will keep a forex trading journal. I think it can measure and track my trading performance.

At last, this is my best 4 hour forex trading system. Can you give me some suggestions?

Next I will develop more forex day trading strategies.