Forex mass Profits strategy is a forex trading system. Forex Mass Profits Strategy is a forex trading system and it is a trend following forex trading system. This forex trading system is used all over the world by all levels of traders. The best thing about this forex trading system is that it is consistent in its results and it’s free. Forex Mass Profits Strategy is a perfect strategy for the trend following swing traders. This forex trading strategy is also equally useful for the scalpers.
When you install forex mass profits strategy in your trading platform, your chart should look like this:
- Moving averages
There are two moving averages used in this forex trading system. Moving averages are of period 34 but one of them is applied at low and other are applied in close. These moving averages will help you to determine the trend of the market.
There are green and red arrows used in this forex trading system. Green arrows indicate buying condition while the red arrows indicate selling signal.
- Flat trend
Flat trend indicator consists of bars of various colors. When these bars are red it indicates bearish conditions and the purple bars indicate bullish signal.
- Deep Bar Indicator
Deep Bar indicator consists of blue and red bars. Blue means buying and red means selling.
- RSI Filter
RSI filter indicator consists of blue and red oscillators. Blue bars indicate buying and red bars indicate selling.
Buying Conditions Using Forex Mass Profit Strategy.
- Market should be up trending.
- A green arrow should appear below the market price.
- Flat trend indicator should form purple bars.
- Deep bar indicator should form blue bars.
- RSI filter indicator should form blue bars.
- Place your long position when all of the above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when a red arrow appears above the market.
- Market should be down trending.
- A red arrow should appear above the market price.
- Flat trend indicator should form red bars.
- Deep bar indicator should form red bars.
- RSI filter indicator should form red bars.
- Place your short position when all of the above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when a green arrow appears below the market.
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