The Get Profit Forex Trading Indicator System is a dynamic trend channel trading strategy comprising three indicators. It was designed to give good profits to its users.
The first element is the Super Signal that displays buy/sell arrows. The second one is the Ozymandias Channel, which draws a three-band channel acting like dynamic support/resistance levels. Finally, the last indicator is the FXScalper 25, used as a momentum filter.
The forex indicators of this system offer simplicity and good performance. Therefore it’s easy to master and can be applied for live trading by new and experienced traders.
This Indicator system fits all kinds of timeframes and currency pairs.
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How does it work? How to apply in forex trading?
Trading Rules Explanation
The entry point for long buy trade occurs when the following conditions are met:
- Super Signal displays an upward arrow below the price candle.
- Ozymandias Channel turns green color.
- FXScalper 25 bars turn green with rising values.
- Set stop loss below the current Ozymandias Channel position
The entry point for short-sell trade occurs when the following conditions are met:
- Super Signal displays a downward arrow above the price candle
- Ozymandias Channel turns into red color
- FXScalper 25 bars turn red with falling values
- Set stop loss above the current Ozymandias Channel position
Exit Trade / Take Profit
Exit trade when the Super Signal displays an opposite arrow, or use your method of trade exit.
As always, to achieve good results, remember about proper money management. To be a profitable trader, you must master discipline, emotions, and psychology. It is crucial to know when and when not to trade. Avoid trading during unfavorable times and market conditions like low volume/volatility, beyond major sessions, exotic currency pairs, wider spread, etc.
How to set up the Get Profit Trading System in MT4?
- Get Profit Trading System.tpl
Copy and paste indicator files into the MQL4 folder of the MetaTrader 4 trading platform.
You can gain access to this folder by clicking the top menu options, which goes as follows:
File > Open Data Folder > MQL4 > Indicators (paste here).
Similarly, copy and paste the template file to the Templates folder.
Now, right-click on the chart, and hover over Templates. You will have displayed a list of available systems; left-click the template name you want to run.
The Get Profit Trading System is worth adding to your forex trading collection but remembers to have realistic expectations. However, like any other technical analysis tool, it cannot provide accurate signals 100% of the time. Thus, it will give false signals occasionally. In addition, its performance will vary significantly depending on market conditions.
Arrows are extremely repainting, sometimes disappearing, or moving along the chart, sometimes appearing alfterwards. This is crap !
it’s called future function. it uses future data to recalculate/change the past signal. cheating.