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Profitable Trading Strategy

Introduction to the Profitable Trading Strategy

The Profitable Trading Strategy is a custom trend-following forex trading system.

It is mainly based on Moving Averages and MACD.

This system fits all kinds of timeframes and currency pairs and works best during strong trending market conditions.

How does it work? How to apply in trading?

Trading Rules Explanation

Buy Entry
Open long trade when the following conditions are met:

  • Recognize bullish trend dominating;
  • Moving Averages are set upwards (lower period MAs cross above higher period MAs);
  • realMACD histogram bars are yellow and carry positive values (above 0 level);
  • Place your stop loss a few pips below last swing low.

Sell Entry
Open short trade when the following conditions are met:

  • Recognize bearish trend dominating;
  • Moving Averages are set downwards (lower period MAs cross below higher period MAs);
  • realMACD histogram bars are yellow and carry positive values (above 0 level);
  • Place your stop loss a few pips above last swing high.

Exit Trade / Take Profit
Close your open position when the opposite color realMACD signal appears, or use your own preferred method of trade exit.

As always, to achieve good results, remember about proper money management.

See also: Vulkan Profit Indicator

How to set up the Forex Trend & Breakout System in MT4?

Files Included

Indicators:

  • GMMASlow.ex4
  • QQE Pcm smoothed new histo + alerts.ex4
  • HMA.ex4
  • realMACD.ex4

Installation Guide

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.

Profitable Trading Strategy Free Download

To download the Profitable Trading Strategy for Metatrader 4 (MT4) for free just click the button below:

Profitable Trading Strategy Free Download

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