Forex Advanced Strategy : Automatic Identify and Drawing Correct Trend Lines

Welcome to Super Forex Launcher Advanced Strategy, Automatic Identify and Drawing Correct Trend Lines. You have made a very wise decision and about to unveil a powerful and consistent trading system.

In the next chapters you will learn how to trade the Super Forex Launcher system and how to use it to generate money in the Forex and other markets. First, several issues needs to be addressed:

 

Money Management

 

Do not risk more than 1-2% of your equity on any single trade. This is a standard trading principle that should be implemented in any trading system you trade, and its purpose is to limit drawdown as muchas possible and make sure you don’t go into too much risk and limit your drawdown.

The Insight indicator automatically tells you the optimal trade size in any time. Please do not deviate from this values, at least until you have reach a certain level of experience.

The System
In the next chapters you will learn the system we use to generate trading signals consistently and profitably. Do not deviate from this system under any circumstances – this can lead to losses! Stick to the system and you will win in the long-term.

 

About the Indicators

 

The Super Forex Launcher is a package of 3 indicators designed to generate leading and consistent trading signals. We will now go through each and every indicator.

 

Launcher TRX

 

The Launcher TRX Indicator is a trading bands based on volatility and volume. It gives you precise support and resistance areas at which price is likely to reverse.

On the upper band we will take short trades and at the lower band we will take long trades.

 

Launcher Insight

 

The Launcher Insight indicator is an indicator designed to give you valuable information about the markets – information that is usually hidden from the ordinary trader.

The Insight indicator tells you if price is in range or trend, announce any sudden buying or selling pressure, and most importantly: analyzes the volume to give you early signals of trend reversal.

The Insight indicator also shows you the trade size at any point, so you don’t need to calculate your risk manually.

 

Launcher Directional

 

The Launcher Directional indicator is a multifunctional trend indicator that is designed to:

  1. Give you direction of the general trend in a clear way.
  2. Draw exact support and resistance levels on the screen, to achieve a higher win rate for our trades and a greater profitability.

 

Identifying Trades

 

The first step towards identifying trade is a bounce of price on the Launcher TRX indicator.

 

Long Trades

Price should touch the upper band (blue) of the Launcher TRX indicator.

 

After the touch is confirmed we will need the price to touch the upper line of the directional indicator.


 

The directional indicator must confirm the trade: that is, for long trades it must trend upwards. You will see a message on screen telling you which trade to enter (Long or Short).

After all conditions are fulfilled, wait for a candle to exceed the previous candle’s high:

 

Short Trades

Price should touch the lower band (red) of the Launcher TRX indicator.

 

After the touch is confirmed we will need the price to touch the upper line of the directional indicator.

 

The directional indicator must confirm the trade: that is, for short trades it must trend downwards. You will see a message on screen telling you which trade to enter (Long or Short)

 

After all conditions are fulfilled, wait for a candle to exceed the previous candle’s low:

 

Stop loss

The Stop Loss is automatically calculated by the Insight Indicator, so don’t calculate it manually.

 

The stop loss is automatically very tight but big enough not to cause early exit.

 

Take profit and exits

 

For exit we use multiple exit conditions:

  1. If the Insight indicator identifies a downtrend in the volume, exit the trade. You will see a message on screen telling you that the trend is about to stop.
  2. If price has reached the opposite line at the Directional indicator, exit the trade:

 

 

 

Trades

 

Examples for trades:

 

 

 

 

Money management

 

As a general rule of thumb for all of your trading systems, do not risk more than 1-2% of your equity on a single trade. Risking more can lead to big losses even with the best trading system.

The Launcher Insight indicator gives you automatic trade size for all your trades, so your equity is safe and your drawdowns minimal.

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