Forex Gain Formula Trading System
Trading Systems Last update: October 20, 2024The Forex Gain Formula is a manual trading system that is considered to be very effective as it gives a lot of opportunities to make money in the forex market.
Please note, that Forex Gain Formula was developed to be simple and at the same time very profitable trading system – unlike the other trading systems, Forex Gain Formula has a long and proven history of efficiency. You can count on it even during unfavorable market conditions.
Indicators included:
FGF_35SMA High.ex4
FGF_35SMA Low.ex4
FGF_BURD.ex4
FGF_BURDYS.ex4
FGF_CBRD.ex4
FGF_CT.ex4
FGF_FBURD.ex4
FGF_MABURD.ex4
FGF_MM.ex4
ForexGainFormula.tpl
How to trade with Forex Gain Formula Trading System?
Open long position (BUY), when the following conditions are met:
1. Blue candle bar closes above FGF_35SMA high line (you will an receive alert)
2. FGF_BURDYS and FGF_FBURD indicators draw a blue bar.
Open short position (SELL), when the following conditions are met:
1. Red candle bar closes below FGF_35SMA low line (you will an receive alert);
2. FGF_BURDYS and FGF_FBURD indicators draw a red bar.
Exit trades when:
Exit trade when indicators turns agaist your trade direction.
Trailing stop could be applied, stop loss for it depends on timeframe.
Stop loss should be placed at previous low or high.
Recommendation not to risk more than 2% of your initial capital per trade.
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