Forex SEFC Palato Trader Trading System
Forex SEFC Palato Trader Trading System:
Timeframe: D1 (Daily)
Check all available pairs like USD/GBP etc. for the BUY/SELL Signal Arrow.
In daily timeframe every candle describes one day.
The arrow should be formed and should be there at the end of a day. You should not
trade on that day.
You should trade the next day only if the signal is still there, we enter a trade in the
direction of the arrow. You should enter the trade at the start of the new candle.
As per this system you should only enter one trade per currency pair that too if all the
above conditions are fulfilled.
You should not enter a trade if you do not see the BUY/SELL Signal arrow, wait for
arrow to form on another day or look at other currency pairs for the signal arrow.
Take Profit: 100 pips
Trailing Stop: 25 Pips
Stop Loss: Optional -> if set low of the signal arrow spike trailingstop only works if the trade goes minimum 25pips in profit, trailingstops are controlled by Metatrader, not your Broker!
If Metatrader is Shutdown, only a conservative Stoploss will work.
The system seems very profitable but no system is “perfekt” be careful and follow the rules.
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 SEFC Palato Trader Trading System?
- Download Forex SEFC Palato 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 Forex SEFC Palato 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”.
