VMFX Trading Software is an all-in-one Trading System MT4 that gives NON-Repaint buy/sell signals. It’s a new method for scalping, day trading and swing trading. It uses colored entry boxes generated by the trading algorithm with filters. It comes with ON-SCREEN dashboards that show you various helpful information.
VMFX is a unique combination of the latest and most advanced technologies with the simplicity of use. It will make your analysis much more precise and your trades more accurate. Thanks to the smart trend analysis calculation mechanism, you will recognize the trending market, and you will be able to open transactions in line with the big traders. VMFX Software will also tell you when to break from trading (flat market) on particular instruments.
It has four various templates adapted to different trading styles and market conditions.
This Forex Trading System is entirely manual. The indicators produce the signals, but any decisions to enter the market and to set protection stops or profitable exit stops will depend on the trader. Therefore, the trader must be familiar with the principles of risk and reward and use initial support and resistance areas to set entries and exits.
Trading System MT4 can give you trading signals you can take as they are or add your additional chart analysis to filter the signals further, which is recommended. While traders of all experience levels can use this system, it can be beneficial to practice trading on an MT4 demo account until you become consistent and confident enough to go live.
Indicators Used in VMFX Trading Software
The VMFX Trading Software uses three custom-made indicators:
- Entry/Exit Indicator (Blue/Red boxes).
- Analysis Dashboard located in the upper right corner).
- Fast Pair changer (bottom right corner).
- Additional trend filtering (bottom of the chart).
This VMFX Elite System is very simple and straightforward. Even a complete beginner can start trading and making profits with this system. You can set it to send you a signal alert via Mobile Notification, platform pop-ups, and Email. This is helpful as it means you do not need to stare at the charts all day, waiting for signals to appear, and you can monitor multiple charts simultaneously.
VMFX Trading Software can be used on any Forex currency pair and other assets such as stocks, commodities, cryptos, precious metals, oil, gas, etc. You can also use it on any time frame that suits you best, from the 1-minute through to the 1-month charts. Work best on M15 or higher TimeFrames.
It is straightforward to use even by complete forex beginners. You don’t have to be a professional to use it. Just load one of 2 different Templates to your chart.
- VMFX-SW – is the safest one. The risk is small, entries are a bit slower, but they are more filtered than other signals. Pick this template if you expect smaller but more sure profits.
- VMFX-DT – is the most balanced template. Risk is higher; entries are faster than the previous template but still at a safe/medium risk level. This mode is ideal for typical day trading.
- VMFX-SC – This is the fastest template. It provides faster signals with increased risk. Pick this one only if you are an experienced trader or have spent sufficient time with the trading system.
- VMFX-ADVSC – is a special mode for catching the top and bottoms of any trend (even those smaller ones on the M1 timeframe); it does not provide extra filtering with the bottom trend indicator.
SPECIAL TOP AND BOTTOMS MODE
The system also contains a very fast template without the confirmation of
the bottom indicator (template: vmfx-advsc). This mode is more aggressive than any other templates, but it can also provide the highest profits. Please make sure to secure your orders fast when trading with this mode.
When you also see no clear direction in the market (constant changing of the bottom trend confirmation indicator}, you can also use special top and bottoms mode (template: vmfx-aovsc)
Trading rules for Forex Trading System MT4
Follow money management & Don’t enter to trade within the high-impact news period. Exit from your trades half & an hour from the high-impact forex news.
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 conditions, beyond major sessions, exotic currency pairs, wider spread, etc.
Entries are very easy to spot. Blue boxes should be paired with the blue bottom trend indicator. When both indicators are in agreement, BUY signals are fully confirmed.
Sell signals are pretty much the same. We have just different colors to match. Every red box paired with the red trend bottom indicator is a valid sell signal.
- Stop loss order should be placed below (buy signal) or above (sell signal) the entry box.
- Take profit can be realized at RR=1:1 (TP1) or RR=1:2 (TP2)
Any positions with this Forex Trading System can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support or resistance or high-low level as a reference point. You may also exit the trade manually if the conditions of the system reverse (the opposite signal appears).
It is recommended to use a stop loss. Set SL below the entry price using previous support/resistance as a reference point Or on the previous high/low swing. Using fixed stop loss settings without any reference points is not advocated.