Forex Engine System and Indicators

The systems I have developed were for traders, or for people who wanted to become traders. Over the last few years, I have seen people losing their homes, falling prey to collectors because they are in so much debt that they can’t keep their heads above water.

The purpose of this trading system is to help people who aren’t traders or those that are struggling to trade. The point of this system is to help offer an alternative way to earn an income.

 

  • Double click “FX Engine Trading System” folder, and then youcan find a folder named “indicators”. Copy the inside 7 files to your MT4 “indicators” folder which inside the “experts” folder.

 

  • Double click “FX Engine Trading System” folder, and then youcan find a folder named “templates”. Copy the inside files named “FX Engine Trading System.tpl” to your MT4 “templates” folder.
  • OK, now restart your MT4 forex software. Right click your window, choose “Template”, then choose “FX Engine Trading System”.
  • Reference to the following useage.Just below a method i developped giving good results.
    TimeFrame : M15, M30, H1 (We recommend H1 )
    Currency : All (We recommend EUR/USD, GBP/USD, USD/JPY, GBP/JPY)

 

Rules Long positions :

 

Please refer to diagram.jpg


Stop Loss: EUR/USD 50 pips, GBP/USD 65 pips, USD/JPY 65 pips, GBP/JPY 80 pips

Take Profit: open

Trailing Stop: EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 40 pips, GBP/JPY 50 pips

Exit with All Conditions Short

 

Rules Short position :

 

Please refer to diagram.jpg

Stop Loss: EUR/USD 50 pips, GBP/USD 65 pips, USD/JPY 65 pips, GBP/JPY 80 pips

Take Profit: open

Trailing Stop: EUR/USD 30 pips, GBP/USD 40 pips, USD/JPY 40 pips, GBP/JPY 50 pips

Exit with All Conditions Long

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