Forex Profit Supreme strategy

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Forex Profit Supreme is trading system designed for intraday trading. It signals the entrance to the market grounded on the measurement of six indicators. The peculiarity of this intraday forex strategy is that it was created by the authors for beginners and it does not require any serious skills.

Characteristics of Forex Profit Supreme

• Platform: Metatrader4
• Currency pairs: Major
• Trading Time: Intraday
• Timeframe: M15 and higher
• Recommended broker: lowcostforex

Used indicators:

• ForexProfitSupreme Meter - an indicator which is in the left corner of the graph and is used in the strategy for monitoring the current situation on the market for currency pairs. The number next to a pair of stands for the force of its movement is currently and direction. To the right is a column with the currencies where you can see the most actively traded currencies (not pairs), and depending on it to consider them in selecting a tool for trade.
• ForexProfitSupreme Bars - color candles in red or green color throughout the area depending on the direction of the trend.
• ForexProfitSupreme Clocks - indicates the time remaining until the close of the current candle.
• ForexProfitSupreme Signal - signal in the form of an arrow indicating the direction of prices.
• ForexProfitSupreme Filter - indicator which is used to filter and screen out false signals fed to the previous indicator.
• ForexProfitSupreme Dline - filter giving the final signal to enter the market.

Algorithm for signal analysis:

1. We analyze the most active pairs by the indicator ForexProfitSupreme Meter and preselect tools.
2. After receiving a signal from the indicator ForexProfitSupreme Signal check on the first indicator as currently actively traded currency pair is selected.
3. We look at the filters strategies and decide to enter the market.

Rules for opening a long position:

1. ForexProfitSupremeSignal indicator gave a signal as a blue up arrow.
2. On the informer ForexProfitSupreme Meter indicated the upward movement of the currency pair.
3. ForeksProfitSupremeFilter indicator is blue.
4. ForexProfitSupreme Dline indicator is green and is located above the zero line.

Rules for opening a shot position:

1. ForexProfitSupreme Signal indicator gave a signal as a red down arrow.
2. On the informer ForexProfitSupreme Meter indicated the upward movement of the currency pair.
3. ForeksProfitSupremeFilter indicator is red.
4. ForexProfitSupreme Dline indicator is red and is located below the zero line.

Exit of position in this strategy is carried out after the appearance of current trend opposite signal indicators.

Please note that the strategy does not work when there is no confirmation of one or more indicators.

In the trade, it is desirable not only to confirm the presence of ForexProfitSupreme Meter the preliminary signal supplied ForexProfitSupreme Signal, but the coincidence actively traded currency with one of the currencies traded in pairs. It amplifies the signal and increase the percentage of successful trades. As well right at the top of the table with the currency is located the most expensive in relation to other currencies, and below is the cheapest.

In the archives Forex_Profit_Supreme.rar:

• Forexprofitsupreme Bars.ex4
• Forexprofitsupreme Bars.mq4
• ForexProfitSupreme Meter.ex4
• ForexProfitSupreme Meter.mq4
• Forexprofitsupreme Signal.ex4
• Forexprofitsupreme Signal.mq4
• ForexprofitsupremeClock.ex4
• ForexprofitsupremeClock.mq4
• ForexprofitsupremeDline.ex4
• ForexprofitsupremeDline.mq4
• ForexprofitsupremeFilter.ex4
• ForexprofitsupremeFilter.mq4
• Forex Profit Supreme.tpl

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