Profitable Trading System For MT4

Profitable Trading System For MT4

Table Of Contents:

  1. Profitable Trading System For MT4
  2. Call option setup
  3. Put option setup
  4. Functions of the bold moving average

Please note: This strategy was publicly published in the trading community and is free to use. We do NOT make an attempt to decide if this strategy is profitable or not, because we know that the major factors regarding trading results are the skills/experience of the trader who executes the strategy. Therefore, we are mainly explaining the components and rules of the strategy. If applicable, we are highlighting advantages, disadvantages and possible improvements of the strategy.

The Profitable Trading System For MT4 is often considered a pro trading method. The reason for which it has gained such a name can be understood by seeing the template. But don’t get confused by seeing complicated drawings and symbols in the chart.

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By reading this guideline, you will learn to use the profitable trading system most efficiently. PL 4 Candle Time, visual order, GG Trend Bars, highlight pins, Zig zag triad MTF, SHI Signal, T3, Lurch SRV5, Semafor triangle 123, Xard Gold Bands 2b, Trend line channel, Xard Gold Bands 2b is the list of indicators used in the system.

It’s very normal to get confused by seeing such a long list but the system follows an organized path that allows the retail traders to take quality trades. You might think why this system still so popular even though we have to assess too many key variables.

The reason lies behind the precision entry in the options market. If you are not précised about the trades, it will be a tough task to make money. Let's learn to take our call and put trade with this complex looking trading edge.

Call option setup

To execute long, the first thing you should look at the bottom part of the chart. At the profitable strength bar, the maximum portion of the bar should be colored in light green. This green color is the indication the buyers are buckling up their seat belt for the rally.

Now let’s come to the trade execution point. You will notice a rainbow-like a channel in the main chart. The channel slope should be positive if the trend strength bar has a green color in the majority of the segment. Wait for the price to test ash or the pink shaded zone. This bottom ash or the pink zone is the main support where we need to look to buy the asset. The first yellow color buys arrow usually prints on the ash color zone.

The buying confirmation takes place when you spot a green sunflower-like pattern at the bottom of the candle. At the trend signal indicator, the histogram will be blue and green suggesting the bullish steam is valid.

The bigger size the histogram bar is, the higher chance of you have to win from the call trade. The position of the sapphire signal line in trend strength indicator must cross the zero line. If all these conditions are filled execute the call option.

Put option setup

The price needs to reject or draw bearish candles at the upper rainbow. The ash color rainbow is the first layer of resistance and the pink color rainbow the major resistance. The selling arrow should appear as the first layer of resistance. When the price test the second layer resistance, you should see a red sunflower-like structure.

At the trend signal line indicator, you need a red dot to confirm the put option. At times, the red sunflower arrow will appear inside the rainbow. In that case, the price needs to reject the dashed line to consider it as a valid signal. If the dashed line is rejected, take the reading from the SFET indicator.

It should be colored in red at that instant to consider the bearish signal to be a valid one. In case, the trades are taken inside the grey region, small colored dots should be considered. Blue consecutive dots forming above the candles are the sign of resistance.

On the contrary, consecutive pale red dots below the candle is the sign of strong support. The slope of the blue/red line should be considered. The blue line has multiple functions. Let’s learn about the bold line functions.

Functions of the bold moving average

The bold moving average can change its color based on trend momentum. If it is red, momentum is bearish. If the color is blue the momentum is bullish. To reinforce the color code idea, the slope of the moving average which is often known as the gold bands should be considered.

Note that we have two gold bands in the main chart and both of them should be treated with equal importance. Remember, this gold band will be our dynamic support and resistance level. So, to close a trade, you can use it as your take profit level.

Since you will be taking trades with the expiry period, the minimum profit target for each trade should be set by these bands. But these bands should be considered as the key target only if the expiry for the options is less than 60 minutes. In case, you have higher expiry period trades, you can use the Profitable Trading System For MT4 to target the extreme rainbow of the chart.

Download the complete system description and the files here:

FREE Profitable Trading System

Download the FREE Profitable Trading System for MT4.

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