Forex Profitable strategy is a simple forex trading strategy which is used for swing trading. At first it looks very messy and complicated but it is not really complicated. The many technical indicators used in this system will help you to make your trading decision easier. Since this system is built to trade in the direction of the trend this system works best on trending market and it is not recommended to trade in flat or sideways market using this trading system. In total this system uses 16 technical indicators.
The developer of this system has named the indicators as profitable strategy 1, profitable strategy 2, and so on. To make the above chart less messy I have just labeled them as 1, 2, 3, and so on. So the indicators used in this system are listed below. Although there are 16 indicators used in this system we will use only few of them to use them as a trading signal.
Forex Profitable Strategy Main chart window.
- Profitable strategy 6
- Profitable strategy 7: This is a Heiken Ashi chart. These are available on green and red color. When the market is bullish the HA bars are in green in color and vice versa.
- Profitable strategy 8: These are the lines joined by dots that form above and below the price. In an uptrend this indicator forms below the price and viceversa.
- Profitable strategy 11
- Profitable strategy 12
- Profitable strategy 13
- Profitable strategy 14
- Profitable strategy 15
- Profitable strategy 16
- Profitable strategy 10
- Profitable strategy 9
Forex Profitable Strategy Indicator window.
- Profitable strategy 5: This is a histogram that filters the trend and confirms out trade.
- Profitable strategy 4: It generates the signal for our trading.
- Profitable strategy 3: It simplifies the direction of the trend.
- Profitable strategy 2: It shows where the market is heading recently.
- Profitable strategy 1: This indicator shows the direction of the market in a very simplified way.
Other indicators in this system are market sessions, currency strength, and buy sell ratio.
Buying Conditions Using Forex Profitable Strategy.
- Heiken Ashi chart should be green in color.
- Profitable strategy 7 should be green in color.
- Profitable strategy 5 should be green in color.
- Profitable strategy 4 should be green in color.
- Profitable strategy 3 should be green in color.
- Profitable strategy 2 should be green in color.
- Profitable strategy 1 should be green in color.
- A green arrow should appear below the price chart.
- Stop loss should be placed just below the recent swing low.
- You should take your profits when a red arrow pointing downwards appears above the chart.
Selling Conditions Using Forex Profitable Strategy.
- Heiken Ashi chart should be red in color.
- Profitable strategy 7 should be red in color.
- Profitable strategy 5 should be red in color.
- Profitable strategy 4 should be red in color.
- Profitable strategy 3 should be red in color.
- Profitable strategy 2 should be red in color.
- Profitable strategy 1 should be red in color.
- A red arrow should appear above the price chart.
- Stop loss should be placed just above the recent swing high.
- You should take your profits when a green arrow pointing upwards appears below the chart.
Open demo account to test this system.
Download Free Forex Profitable Strategy