Forex EMA-MACD Profit Keeper – Forex Profit Keeper is a manual trading strategy that you can use to generate profits from forex market every day.
It was designed to be very simple and very powerful at the same time. And unlike most trading systems all over the market, this system is tested for a long time and proved to be profitable even in the worst market conditions.
The reason for that, is that was designed based on the most powerful trading methods like trend following, sideways market condision.
At the same time, the system was meant to be very simple. You don’t have to be an experienced trader to be able to use it. In fact, even if you have no trading experience at all you would still make a lot of money from it just like pro traders.
There are many people that sign up to trade Forex that don’t understand or take the time to learn how and why to trade Forex. There are many risks involved in trading any kind of asset, whether it is stocks, bonds or currencies. If you are interested in trading, make sure you understand Forex risks.
One of the biggest Forex risks is a leveraged buy. Some Forex brokerages allow you to hold a certain amount of money in your account but leverage that amount to up to 100 times its worth. While this can be good if you are on the winning side of a trade, this can be devastating if you lose your entire accounts worth plus many times more.
So please, before you start trading .. make sure that you understand and apply money management rules. No matter how powerful the trading system is, without money management .. it will become a time bomb! We recommend not to risk more than 2% of your initial capital per trade.
Back to system! It contains of 3 custom made indicators.
First indicator is FPK_Arrows. It is based on exponential moving averages. Also on chart you can see two lines added. We have applied them to look more clearlier visually. Arrows will not repaint, you will be able to set sound/visual/email alert.
Second indicator is FPK_MACD. It will also come with sound/visual/email alert.
The third and most important indicator is FPK_FT. It is also based on MACD but will let you follow market condition(strenght). Also this indicator will let you book as many pips as you can without trade turning against you. One thing you will have edit here is timeframe setting on different timeframes. Picture below:
For example 1h timeframe will be 60 minutes, for 4h timeframe 240 minutes. To do this you can hit ctrl+i on platform select FPK_FT and edit minutes.
Talking about system it is for Metatrader 4 platform. Almost all brokerage companies works with this platform.
- FPK_Arrow pops white and points down.
- FPK_MACD goes below 0 line and draw first white dot after yellow one.
- FPK_FT draws red bar.
- FPK_Arrow pops blue and points up.
- FPK_MACD goes above 0 line and draw first blue dot after yellow one.
- FPK_FT draws blue bar.
*Enter trade if all indicators confirm signal!
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. For maximum profit use FPK_FT for exit examples:
Exit on yellow FPK_FT bar.
Exit trade at yellow bars for maximum profit.