Introduction to the Forex Mass Profit Trading System
The Forex Mass Profit Trading System is a trend-following trading strategy filtered by momentum indicators.
The filters are based on no repaint forex indicators, then sometimes the filter may be slower than the signal, but more reliable.
This system fits all kinds of timeframes and currency pairs.
How does it work? How to apply in trading?
Trading Rules Explanation
Enter long trade after green buy arrow appears, Flat MACD, RSI Filter, Deep Bar should be blue. Set your stop loss at the previous swing low.
Enter short trade after red sell arrow appears, Flat MACD, RSI Filter, Deep Bar should be red. Set your stop loss at the previous swing high.
Exit Trade / Take Profit
Exit a trade at the arrival of the opposite arrow, or use your own method of trade exit.
As always, to achieve good results, remember about proper money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is crucial to know when to trade, but also when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility conditions, beyond major sessions, exotic currency pairs, wider spread, etc.
How to set up the Forex Mass Profit Trading System in MT4?
- Deep Bar Indicator.ex4
- Forex Mass Profits EURUSD.ex4
- Forex Mass Turbo Strategy.tpl
Copy and paste indicator files into the MQL4 folder of the Metatrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Similarly, copy and paste the template file to the Templates folder.
Now, right-click on the chart, hover over Templates. You will have displayed a list of available systems, left-click template name you want to run.
The Forex Mass Profit Trading System is well worth adding to your trading collection but remember about having realistic expectations. Just like any other technical analysis tool, is not capable of providing accurate signals 100% of the time. Thus, it will provide false signals occasionally. Its performance will vary significantly depending on market conditions.
Check our homepage to download free trading strategies, expert advisors and forex indicators at www.forexracer.com
Forex Mass Profit Trading System Free Download
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