Vulkan Forex System is a Non-Repaint Forex System for MT4. It’s a trend reversal forex system based on the Vulkan Profit Indicator. The principle of the System is simply the signals generated by the Vulkan profit indicator filtered by 100 pips trend and ADX but the price has previously touched or broken the TMA bands.
The system of filters is formed by
- Vulkan Profit
- 100pips Trend
- TBL Colored MA
- TMA with Distances
This trend reversal forex system is a good fit to trade in the M15 and H1 charts. It adjusts with all kinds of currency pair charts. Before you go along with this strategy, you’ll have to understand its multiple tools to master it well once you’re done with that, keep strictly following its rules.
This Scalping Strategy is mostly manual. The Vulkan Profit indicator does produce Arrow BUY/SELL signals, but you need to filter them using the given strategy or your own one. 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.
You can set the Vulkan Indicator System 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.
Vulkan Trading System can be used on any Forex currency pair and other assets such as commodities, Cryptos, Binary Options, Stock markets, Indices, etc. You can also use it on any time frame that suits you best, from the 1-minutes to the 4-Hour charts. Work best on M5 and H1 timeframes.
Vulkan Profit Strategy 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.
Trading rules for this Forex System
As always, to achieve good results, remember about proper money management. To be a profitable trader you need to master discipline, emotions, and psychology. It is crucial to know when to trade, but also 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.
- The Vulkan Profit indicator displays a Green upward arrow.
- 2 Blue buy arrows of 100 Pips Trend Indicator and 1 ADX green/dodger blue bar OR 2 ADX green/dodger blue bars and one Blue buy arrow of 100 Pips Trend Indicator.
- Optional: the price touches or breaks the TMA lower band.
- The Vulkan Profit indicator displays a Red downward arrow.
- 2 Red sell arrows of 100 Pips Trend Indicator and 1 ADX red/dark orange bar OR 2 ADX red/dark orange bars and one Red sell arrow of 100 Pips Trend Indicator.
- Optional: the price touches or breaks the TMA upper band.
Any positions with this system can be liquidated using a fixed profit target. Alternatively, the profit target should be set using previous support or resistance as a reference point. You can draw a line from the previous support/resistance to run horizontally to set your Take Profit a few pips below that level. You may also exit the trade manually if the conditions of the system reverse (Vulkan Profit 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.