Best Foreign Currency Exchange Strategy – 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.


Recommended Article:  Forex Day Trading with Multi Time Frame EMA Strategy

 

  • 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

Recommended Article:  Simple Trend Following Forex Relative Vigor Index with Profit Suprame Custome Indicators (RVI)

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

Recommended Article:  IBS Reversal Ichimoku Trading System : How To Use Ichimoku Cloud To Trade Forex

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

Exit with All Conditions Long

Leave a Reply

Your email address will not be published. Required fields are marked *




Powered by: ForexWOT Trading System
Privacy Policy | Cookie Policy |  e-Mail: ForexWOT@gmail.com