SRS Premium Profit System Strategy

In the 85th issue of ForTrader.org we will look at the medium-term trading strategy for highly volatile currency pairs offered for discussion on ForexFactory portal forum. This system uses two working screens and several custom indicators, mutually confirming a signal to open a deal. In general, this strategy is easy to understand and use even by traders with elementary level of knowledge.

Trading strategy settings

• Currency pairs: any highly volatile currency pairs.
• Timeframe: working TF - M30, trading is carried out in the direction of the older trend on H1. TF M5 and M15 are used to confirm exit signals.
• Bidding time: any.
• Indicators: #MTF_Heiken_Ashi, - Heiken_Ashi_Ma_T, ArrZZx2, CCFp-Diff_[v2.0], daily_open_line, DYNAMIC GAINS 1, Kijun-sen+, Signal Bars, Signal Bars v6
• Risk Management: After calculating the stop-loss, choose such a volume of the lot that the risk was no more than 2-5% of the deposit per trade. 

Installing Trading Strategy Indicators

1. Unpack the archive with templates and indicators.
2. Copy the indicators to the folder MQL4 -> indicators.
3. Copy the templates into the templates folder.
4. Restart the terminal.
5. Open the chart of the desired currency pair.
6. Install the template with the name SRS PROFIT SYSTEM

Signals indicating the opening of a long position (buying)

• We wait until a blue candle appears on the M30 chart.
• We check the Signal Bars indicator (top right corner). All indicators on the H1 time frame should be blue.
• Using the ArrZZX2 indicator, mark the support level.
• Wait until the first candle closes above the KIJUN SEN indicator.
• Wait for the up arrow to appear (DYNAMIC ARROW indicator).
• The HEIKEN MTF INDICATOR indicator (the lowest separate window) can be used as an additional confirmation for entering the trade.

Signals indicating the opening of a short position (sale)

• We wait until a red candle appears on the M30 chart.
• We check the Signal Bars indicator (top right corner). All indicators on the H1 time frame should be red.
• Using the ArrZZX2 indicator, mark resistance level.
• Wait until the first candle closes below the KIJUN SEN indicator.
• Wait for the down arrow to appear (DYNAMIC ARROW indicator).
• The HEIKEN MTF INDICATOR indicator (the lowest separate window) can be used as an additional confirmation for entering the trade.

Rules for setting a stop loss and exiting a position

• Put stop loss under the previous local significant maximum/minimum (depending on the direction in which the position is opened).
• We put a stop at the level of the previously indicated support/resistance level (indicator KIJUN SEN).

Rules for getting out of the deal (each signal can be used individually or a combination of individual signals):

• The candle changed color to the opposite.
• A yellow cross appeared.
• When the arrow appeared in the opposite direction.
• When the price hits a support/resistance level (this indicator is overdrawing).
• When on the lower timeframe (M5, M15) a signal was formed in the opposite direction.

Note: It is not recommended to open transactions 10-15 minutes before the release of significant news.

Download templates and indicators of the SRS PREMIUM PROFIT SYSTEM strategy

Other medium-term strategies