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
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Platform: Metatrader4
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Currency pairs: Major
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Trading Time: Intraday
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Timeframe: M15 and higher
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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:
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Forexprofitsupreme Bars.ex4
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Forexprofitsupreme Bars.mq4
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ForexProfitSupreme Meter.ex4
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ForexProfitSupreme Meter.mq4
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Forexprofitsupreme Signal.ex4
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Forexprofitsupreme Signal.mq4
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ForexprofitsupremeClock.ex4
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ForexprofitsupremeClock.mq4
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ForexprofitsupremeDline.ex4
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ForexprofitsupremeDline.mq4
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ForexprofitsupremeFilter.ex4
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ForexprofitsupremeFilter.mq4
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Forex Profit Supreme.tpl
