Forex Profit Keeper system is well suited for intraday trading and scalping. In this strategy, no preference regarding currency pairs. But nevertheless Forex Profit Keeper is better to use on the major currency pairs. The system is very simple and consists of only 4 indicators\.
Characteristics of Forex Profit Keeper
- Type of strategy: Indicator
- Platform: Metatrader4
- Currency pairs: Any, recommended Major
- Trading Time: European session
- Timeframe: M5 or higher, recommended H1
- Recommended broker: Alpari
Rules of entry into the market by Forex Profit Keeper
- Indicator FPK_Arrow pops white and points down
- Indicator FPK_MACD goes below 0 line and draw first white dot after yellow one
- Indicator FPK_FT draws red bar
- Indicator FPK_Arrow pops blue and points up
- Indicator FPK_MACD goes above 0 line and draw first blue dot after yellow one
- Indicator FPK_FT draws blue bar
Exit trade when indicators turns agaist your trade direction. Trailing stop could be applied, stop loss for it depends on timeframe.
Stop loss should be placed at previous low or high.
In the archives Forex_Profit_Keeper_System.rar:
- Forex Profit Keeper System Manual.pdf
Free Download Forex Profit Keeper