Forex Great Trader Trading System
Forex Great Trader Trading System:
Time Frame 1min, 5min.
Pair:Major.
Metatrader Indicators:
Dot Indicator (GreatTrader_NLD)
The indicator will be in a blue and red dot form
The function is to show the market trend
blue dot signal will show the increasing market trend (Bull Market)
red dot signal will show the decreasing market trend (Bear Market).
Double Line Indicator (GreatTrader_TLSM)
The indicator in a double line form which is in red and blue colour.
The function is to show the market trend
Double line with blue in colour will show the increasing market
Duble line with blue in colour will show the increasing market (Bull Market)
Double line with red in colour will show the decreasing market (Bear Market)
GreatTraderMACD_Color
The Indicator is a normal indicator like MACD but it was been coloured followed by the market trend.
GreatTrader_FT
The indicator will be in the bar form which is in blue and red. Blue will show the market is going up and red will show the market is going down. See the example as at below for your reference.
GreatTrader_PW
This indicator comprising with the red, dark red, blue and dark blue. This indicator will measure the strength certain trend. Below is the function of the colour
Blue: Market is going up
Dark Blue: Market is going up and strong trend market.
Red: Market is going down
Dark Red: Market is going down and strong trend market.
Simple MA
The normal indicator for show major trend.
OPEN BUY POSITION WHEN:
At the time frame 30M:
Simple MA below Candlesticks
GreatTrader_NLD blue colour
GreatTrader_TLSM blue colour
GreatTrader_MACD blue colour
GreatTrader_FT blue colour
GreatTrader_PW blue colour and fade blue.
At time frame 1M or 5M:
GreatTrader_NLD blue colour
GreatTrader_TLSM blue colour
Take Profit: 10 Pips
Stop Loss: 50 pips
(Get the scalper tips at page 18)
OPEN SELL POSITION WHEN:
Pada time frame 30M:
Simple MA higher than candlestick.
GreatTrader_NLD red colour
GreatTrader_TLSM red colour
GreatTrader_MACD red colour
GreatTrader_FT red colour
GreatTrader_PW red colour and fade red.
Pada time frame 1M or 5M:
GreatTrader_NLD red colour
GreatTrader_TLSM red colour
Take Profit: 10 Pips
Stop Loss: 50 Pips
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 Great Trader Trading System?
- Download Forex Great Trader Trading System.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 FForex Great Trader Trading System?
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”.
