Forex Global Profit Trading Strategy
Forex Global Profit Trading Strategy:
Global Profit System is a trend reversal system. In this web site there are other similar strategies for trading. This strategy is based on channel high / low as support and resistence. The purpose of this system is to catch the bounce on the channel confirmed by three indicators including fisher an indicator recalculates. I introduced fisher to have more price action, but it can be replaced.
Global Profit System works good with renko and median renko charts.
Box size 5 pips or higher.
Time Frame 15 min or higher.
Currency pairs: majors.
Metatrader Indicators:
moving average 10 period,
Super signal channel,
GG-river flow,
Trigger 5, 13, 1,
Fisher period 10,
MACD 5, 34, 5.
Global Profit System trading rules
Buy
When appears the buy arrow wait that the three indicators are agree in the same direction.
MACD 5, 34, 5, red line above withe line,
Fisher green bar,
Trigger gree bar.
Sell
When appears the sell arrow wait that the three indicators are agree in the same direction.
MACD 5, 34, 5, red line below withe line,
Fisher red bar,
Trigger red bar.
Exit position place initial stop loss above/below the channel.
Take profit ratio 1.18 stop loss.
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 Global Profit Trading Strategy?
- Download Forex Global Profit 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 Global Profit 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”.
