Forex FGM Profitable Trading Strategy
Forex FGM Profitable Trading Strategy;
FGM Profitable Trading is a trend following strategy for intraday trading or swing It’s based only on trend indicators. This strategy is very simple and clear.
Time Frame 15 min or higher.
Financial Markets any.
Metatrader indicators
FGM
Trend Bars
Profitable strategy.
Trading Rules FGM Profitable Strategy
Short entry
When the blue line crosses the aqua line from the top, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the sell trade. Sometimes it will cross both at once or sometimes it will take a little time to form.
Profitable strategy indicator alias FX prime confirm with red bar.
Long Entry
When the blue line crosses the aqua line from the bottom, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the buy trade. Sometimes it will cross both at once or sometimes it will take a little time to form.
Profitable strategy indicator alias FX prime confirm with blue bar.
Exit position options:
Ratio 1.5 or 1:2 stop loss ( iniatial stop loss on the previous swing);
For Long entry : when the blue line crosses the aqua blue (light blue line) from the top to bottom, close the trade.
For Short entry: when the blue line crosses the aqua line from the bottom to top, close the trade.
Advantage: good ratio profi/loss.
Disavantage:the system decreases the efficiency in the side ways it is important to apply this template to trending market.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex FGM Profitable Trading Strategy?
- Download Forex FGM Profitable Trading Strategy.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex FGM Profitable Trading Strategy?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
