Trend Trading Strategy Forex Mass Profits

Forex Mass Profits Strategy is designed for trend trading. The strategy is suitable for trading on any timeframe. The filters used in the Forex Mass Profits trading strategy are not overdrawn, however, it should be taken into account that their signals may be delayed.

Input parameters

• Currency pairs: USD/CAD, GBP/USD, EUR/USD, USD/JPY, GBP/JPY, AUD/USD, AUD/JPY, EUR/NZD, NZD/USD
• Timeframe: M5 and higher
• Bidding time: any
• Risk management: after calculating the stop-loss, choose this lot sizeto risk no more than 2-5% of the deposit per trade.

Used indicators

• Simple Moving Average (34, close);
• Simple Moving Average (34, high);
• Simple Moving Average (34, low);
• Forex Mass Profits arrow indicator;
• Flat Trend MACD (8, 17, 9),
• Deep Bar Indicator;
• Flat Trend RSI (7, close).

Setting up the price chart

• Unpack the archive
• Copy the template into the templates folder
• Copy the indicators to the folder MQL4 -> indicators
• Restarting the terminal
• Open the chart of the desired currency pair
• Install a template named Forex Mass Profits

The schedule should look like this:

Signals indicating the opening of a long position (buying)

• The Forex Mass Profits arrow has formed a green arrow;
• The price is above two moving averages;
• A blue bar has been formed on the Flat Trend MACD indicator;
• The Deep Bar Indicator has formed a blue bar;
• A blue bar was formed on the Flat Trend RSI indicator.

Signals indicating the opening of a short position (sale)

• The Forex Mass Profits arrow indicator has formed a red arrow;
• The price is below the two moving averages;
• A red bar has been formed on the Flat Trend MACD indicator;
• The Deep Bar Indicator has formed a red bar;
• A red bar has been formed on the Flat Trend RSI indicator.

Setting Stop Loss and Take Profit Orders

• Since the Forex Mass Profits strategy is a trending strategy, the orders stop loss are set above/below the previous local maximum/minimum.
• Setting an order Take Profit depends on the currency pair and timeframe used. It is also possible to close a trade when an arrow appears in the opposite direction.

The authors of the strategy draw attention to the fact that the indicator Flat Trend MACD uses a significant amount of memory, which can cause problems for traders with weak machines.

Essentially, Forex Mass Profits trend trading strategy - is a combination of an arrow indicator and filter indicators. Once again, please note that the filter indicator signals may be slightly delayed.

We recommend opening trades only in the direction of the current trend.

Download template and indicator for Forex Mass Profits trading strategy

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