Forex SBP Version Three Trading Strategy
Forex SBP Version Three Trading Strategy:
The operating principle of the SBP-V3 system
With a careful study of the work of each of the indicators, one can understand when it is possible to conclude a deal, and when it is necessary to leave the market and wait for the flat.
ll the indicators presented in the system are unique in their own way and can work independently. But the combination of this composition of indicators certainly increases the chances of the trader to the maximum and the ability to constantly be in profit is for every owner of this system. Hence the name “System of Perfect Profit”
Of course, the visibility of the market, the understanding of indicator signals, discipline (the most important factor of a trader’s luck) is different for everyone, but with a clear performance of all indicator indicators at the same time you will never lose using this system.
Personally, I work like this:
The first thing you need to decide for how long we will open positions? If it is trading within a day, then first I go to TF N4 and watch the direction of the trend. If there is a bullish trend, then I turn to TF M15 and look for entry to the market only for purchase! I ignore all the signals for sale. I can not wait for the signal during the day, but I did not lose a single pip with exact certainty. Tomorrow will be a new day and, accordingly, new trends!
Finally, I get a buy signal from a couple of indicators. There is no need to hurry. You need to make sure that the candle or price has closed above the line of the monaeline, the waves of chaos have long been drawn, the indicator “Bull’s eye” is already green, the TF from M15 to N4 is up, that’s where I’ll go to buy on the trend, with this MUST! Putting a stop on the last extremum. Let even for example the “TrendWall” indicator did not give a signal, and “ForexTrend” did not say anything, but they can give an excellent signal to exit the deal. Having got my legitimate pips I turn off the terminal and do my own thing.
The mistake of beginning traders is also the fact that they want to take everything from the market and earn millions in a month, but this does not happen. It is natural for a person to rest, but to sit for weeks at a monitor and receive information from the brain that is not rested, too, the reason for the wrong (hasty) actions of the trader. Hence the discharge of the deposit.
Actions for sell are exactly the opposite. Check the direction of the senior TF, wait for the signal on M15 and in front of the profit!
On all other TFs, the work is the same. First, study the older, then work on the younger, but always on the trend and with a stop.
I do not advise on this system to work for M1 and M5 – this is too risky for you.
I wish you good luck and profit!
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 SBP Version Three Trading Strategy?
- Download Forex SBP Version Three 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 SBP Version Three 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”.