I am going to give you this professional system, with 10 of the best indicators in mt4.
It made over 600 pips this week. profitable professional system
It has made over 5,000 pips this year.
There are 10,000 free amateur systems on internet.99% lose using them.This is not day trading system (99 % lose day trading), this is not scalping system, this is not intraday price action trading but this is long term professional trading on 4 hour and daily/weekly time frames.
First you have to learn this system on demo for 6 months.I don't ever want anyone to lose money.
Here is a profitable professional system using free indicators .I would like to give something back to the people , who made these free indicators, and the people who help a lot.This is some professional knowledge input into this system
Enter/ OPEN TRADE when all indicators, moving averages and candles are aligned.Indicators are attached.
MTFRSI +50 buy , -50 sell
Stepmastoch V1 crossed higher for buy , lower for sell
MAs-coloured :+ 10 for buy -10 for sell// use bolder bars
stepma_sahken_v4 crossed higher for buy , lower for sell
breakout of gigibox in trends
breakout of daily greybox
multisymbol stochastics : all pairs must be aligned
Stochastics must be aligned
trendlines channels indicators //draw manual trend lines
Pipmaster indicator for moving averages
candles settings
One hourly candle closed higher from open for buy, closed lower for sell.
Hourly time frame H1 or higher
Trendline or channel must be in place.//draw manual trend lines
Charts time frames:Minimum 4 hour + daily and weekly , sometimes monthly.
It does not trade everyday .It is not for day trading, but traders can day trade in direction of system.
Pairs: GBPUSD,EURUSD,EURGBP,EURJPY,GBPJPY and very rarely usdjpy.
Currency correlations are very important
Currency traders should be looking at triple correlations like I do. I will look at eurusd, eurjpy and eurgbp to trade euro, AND gbpjpy,gbpusd and eurgbp to trade gbp and eurjpy,usdjpy and gbpjpy to trade jpy. This will significantly improve performance, compared to single pair analysis.
To trade gbpusd or eurusd , both must be showing a signal at same time.This will be 25 % more profitable.
https://www.forexfactory.com/showthread.php?t=804723
divergence s very important
Now that you have the trend information on the currency, we are looking for divergence for short trades only , on the 4 hour, daily and weekly charts.The main pairs to trade are gbpusd and eur/usd. Ignore the short term lower time frame divergences and entries .The idea of smooth and longer time frames, is to keep traders out of choppy markets, to follow the main trend.
https://www.forexfactory.com/showthread.php?p=11353938#post11353938
Stop loss below today's low//entry day low for longs or above saily high for shorts
Target profit:3 times stop loss risk /difference between entry and stop.
Trailing stop 100
close every friday at 19:00 or daily/weekly candles trend line break
If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal
exit signal
close long when 1 hour candle low close below lwma 20 on 1 hour time frame
close short 1 hour candle low close above lwma 20 on 1 hour time frame
All the buy signals are not valid, only sell signals are valid , due to higher interest rates expectations.
The following information was available on november 20, 2017
Professionals trade forex when there are expected rises or falls in interest rates, as a result of expected rises in interest rates, Eur/usd and gbp/usd have fallen in 2018.They set a target of 1.10 for eur usd, I don't know if this will make the target.
Goldman Sachs Predicts That the Fed Will Hike Interest Rates Four Times in 2018
Goldman Sachs said it expects a tight U.S. labor market and more normal inflation picture will lead the Federal Reserve to hike interest rates four times next year.
If you had listened to the big boys like Goldman Sachs and interest rates expectations, search for it google, for U S is expected to raise interest rates 4 times this year, and gone short on the weekly time frames on Eurusd and GBP/USD , you would have made over 2,000 pips on both of them. This expected raise in interest rates caused the dollar to get stronger, "interest rates expectations and how they drive dollar on weekly and monthly basis".This is not something new to fx trading, it has been going on since the 1970s, as far as I know. Interest rates expectations and economies change over months and years.This is how big currency traders trade.It worked 50 years ago and it worked in 2018.This is why dollar got stronger.The market does the same thing , over and over again.
Free EA coming soon
https://www.forexfactory.com/showthread.php?t=804214
https://www.forexfactory.com/showthread.php?p=11354275#post11354275
Please read other threads by me to see proof and learn more
https://www.forexfactory.com/showthread.php?t=802856
Buy low with options sell high , trading is very simple.If you keep it very simple with channels, trend lines and support and resistance, this is all that is required by traders to be profitable.One more skill is the patience to wait for the bottoms.
Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.Look at this chart buy low sell high makes money.Our brains are not designed to process complex analysis.
professional stochastics price action indicator , learn about stochastics and correlations.
https://www.forexfactory.com/showthread.php?t=804723
600 pips profit fully automated EA this week. This is one EA , I have 75 EAS, using the indicators in this thread.
https://www.forexfactory.com/showthread.php?p=11356796#post11356796
other rules for ea coding
https://www.forexfactory.com/showthread.php?p=11354275#post11354275
If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
if(Bid<iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal
if(Bid>iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
close long when 1 hour candle low close below lwma 20 on 1 hour time frame
if(Bid<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
close short 1 hour candle low close above lwma 20 on 1 hour time frame
if(Bid>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
stop 60
target 300
https://www.youtube.com/watch?v=i6eO9B1hU9E
signal approval form for system
New template and strength meter added .
It made over 600 pips this week. profitable professional system
It has made over 5,000 pips this year.
There are 10,000 free amateur systems on internet.99% lose using them.This is not day trading system (99 % lose day trading), this is not scalping system, this is not intraday price action trading but this is long term professional trading on 4 hour and daily/weekly time frames.
First you have to learn this system on demo for 6 months.I don't ever want anyone to lose money.
Here is a profitable professional system using free indicators .I would like to give something back to the people , who made these free indicators, and the people who help a lot.This is some professional knowledge input into this system
Enter/ OPEN TRADE when all indicators, moving averages and candles are aligned.Indicators are attached.
MTFRSI +50 buy , -50 sell
Stepmastoch V1 crossed higher for buy , lower for sell
MAs-coloured :+ 10 for buy -10 for sell// use bolder bars
stepma_sahken_v4 crossed higher for buy , lower for sell
breakout of gigibox in trends
breakout of daily greybox
multisymbol stochastics : all pairs must be aligned
Stochastics must be aligned
trendlines channels indicators //draw manual trend lines
Pipmaster indicator for moving averages
candles settings
One hourly candle closed higher from open for buy, closed lower for sell.
Hourly time frame H1 or higher
Trendline or channel must be in place.//draw manual trend lines
Charts time frames:Minimum 4 hour + daily and weekly , sometimes monthly.
It does not trade everyday .It is not for day trading, but traders can day trade in direction of system.
Pairs: GBPUSD,EURUSD,EURGBP,EURJPY,GBPJPY and very rarely usdjpy.
Currency correlations are very important
Currency traders should be looking at triple correlations like I do. I will look at eurusd, eurjpy and eurgbp to trade euro, AND gbpjpy,gbpusd and eurgbp to trade gbp and eurjpy,usdjpy and gbpjpy to trade jpy. This will significantly improve performance, compared to single pair analysis.
To trade gbpusd or eurusd , both must be showing a signal at same time.This will be 25 % more profitable.
https://www.forexfactory.com/showthread.php?t=804723
divergence s very important
Now that you have the trend information on the currency, we are looking for divergence for short trades only , on the 4 hour, daily and weekly charts.The main pairs to trade are gbpusd and eur/usd. Ignore the short term lower time frame divergences and entries .The idea of smooth and longer time frames, is to keep traders out of choppy markets, to follow the main trend.
https://www.forexfactory.com/showthread.php?p=11353938#post11353938
Stop loss below today's low//entry day low for longs or above saily high for shorts
Target profit:3 times stop loss risk /difference between entry and stop.
Trailing stop 100
close every friday at 19:00 or daily/weekly candles trend line break
If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal
exit signal
close long when 1 hour candle low close below lwma 20 on 1 hour time frame
close short 1 hour candle low close above lwma 20 on 1 hour time frame
All the buy signals are not valid, only sell signals are valid , due to higher interest rates expectations.
The following information was available on november 20, 2017
Professionals trade forex when there are expected rises or falls in interest rates, as a result of expected rises in interest rates, Eur/usd and gbp/usd have fallen in 2018.They set a target of 1.10 for eur usd, I don't know if this will make the target.
Goldman Sachs Predicts That the Fed Will Hike Interest Rates Four Times in 2018
Goldman Sachs said it expects a tight U.S. labor market and more normal inflation picture will lead the Federal Reserve to hike interest rates four times next year.
If you had listened to the big boys like Goldman Sachs and interest rates expectations, search for it google, for U S is expected to raise interest rates 4 times this year, and gone short on the weekly time frames on Eurusd and GBP/USD , you would have made over 2,000 pips on both of them. This expected raise in interest rates caused the dollar to get stronger, "interest rates expectations and how they drive dollar on weekly and monthly basis".This is not something new to fx trading, it has been going on since the 1970s, as far as I know. Interest rates expectations and economies change over months and years.This is how big currency traders trade.It worked 50 years ago and it worked in 2018.This is why dollar got stronger.The market does the same thing , over and over again.
Free EA coming soon
https://www.forexfactory.com/showthread.php?t=804214
https://www.forexfactory.com/showthread.php?p=11354275#post11354275
Please read other threads by me to see proof and learn more
https://www.forexfactory.com/showthread.php?t=802856
Buy low with options sell high , trading is very simple.If you keep it very simple with channels, trend lines and support and resistance, this is all that is required by traders to be profitable.One more skill is the patience to wait for the bottoms.
Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.Look at this chart buy low sell high makes money.Our brains are not designed to process complex analysis.
professional stochastics price action indicator , learn about stochastics and correlations.
https://www.forexfactory.com/showthread.php?t=804723
600 pips profit fully automated EA this week. This is one EA , I have 75 EAS, using the indicators in this thread.
https://www.forexfactory.com/showthread.php?p=11356796#post11356796
other rules for ea coding
https://www.forexfactory.com/showthread.php?p=11354275#post11354275
If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
if(Bid<iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal
if(Bid>iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
close long when 1 hour candle low close below lwma 20 on 1 hour time frame
if(Bid<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
close short 1 hour candle low close above lwma 20 on 1 hour time frame
if(Bid>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
stop 60
target 300
https://www.youtube.com/watch?v=i6eO9B1hU9E
signal approval form for system
New template and strength meter added .
- primary entry lot size (0.02)
- secondary entry lot size (0.01)
- maximum positions -- primary entry plus secondary entries should not exceed this number of positions
- primary entry reward (2.0) -- tells take profit to be 2.0 X stop loss
- secondary entry reward (1.0) -- tells take profit to be 1.0 X stop loss
- minimum stop loss (60 pips)
- use news (default true)
- Time management to close on Friday and at what time
- extern int StopLoss=100;
extern int TakeProfit=300;
extern int BreakEven=50;
input bool UseMartingale=false;
input bool MaxLot=1;
input int MaximumOrdersPer24=1;
input int MagicNumber=13355;
input string StartTime1="07:00";
input string EndTime8="21:11";
input string CloseTime="00:00";
extern int StartTrail=100;
extern int TrailingStop=50;
extern int TrailingStep=10;
extern int PipsTonEntryLong=0;
extern int PipsTonEntryShort=-0;
input string MondayStartTime="10:00";
input bool UseCloseFriday=true;
input string FridayCloseTime="19:00";
Attached File(s)
SIGNAL APPROVAL FORM 2014 v11.docx
61 KB
|
597 downloads
template.zip
218 KB
|
840 downloads