Crystal FX - simple and profitable trading
Crystal FX is a forex trading system that can make your trading simple and at the same time very profitable. It will replace you with many technical indicators and save you from doubts before opening a deal. Indicators of this system do not repaint. Not in real time, nor in any other conditions. Everything is simple and clear here. Cast aside doubts and trust this trading system. But ... at the same time, do not forget that this is trading and any situations are possible here. And the Grail has not yet been found.
Characteristics of the Crystal FX
- Platform: Metatrader4
- Currency pairs: Any currency pairs, recommended major
- Trading Time: London and New York trading sessions
- Time Frame: M1-D1
- Recommended broker: RoboForex, InstaForex, XM
System overview
System contains 4 indicators:
- Trend Detector (CrystalFX_Trend)
- Round Numbers (CrystalFX_levels)
- BUY/SELL Signal (Blue/Black square)
- Info Dashboard (CrystalFX_Dash):
The bottom BLUE/BLACK Indicator (1) is to give you a heads up what signals to expect. Entry squares will be always in line with the trend, so the only thing you need to watch is the entries (small squares on the chart):
How Does System Work?
The system has three trading modes designed for different trading styles with varying degrees of risk:
- CFX_Safe
Provides the least risky signals with less profit potential at the same time. This mode is suitable for any trader and will require a minimum amount of time.
- CFX_Standard
This is the most universal trading mode with the most balanced signals of medium risk. It will be good for experienced and novice traders.
- CFX_Aggressive
Suitable for lovers of scalping and quick profit. But the maximum risk.. Recommended only for experienced traders.
System provides very easy BUY/SELL signals.
BUY Signal:
- Blue square appeared
- At the same time, the Trend Detector is blue (bullish trend):
Where to close the trade?
Take a look at the nearest round levels.
If the trade is moving slowly, try to close the trade on the first round level - Target 1
If the market moves fast try to aim for the second (or even third) round level - Target 2:
SELL Signal:
- Black square appeared
- At the same time, the Trend Detector is black (bearish trend):
On the below example we can see that the price has reached the first round level fast, but then started to consolidate. If the price stays for 15-20+ candles between the round levels it’s good to close that trade:
Stop Loss should be placed in the following places depending on the current market situation:
- last local price low (for BUY)
- last local price maximum (for SELL)
- on the round number (if close)
- close to an important support/resistance level
Try to minimalize your Stop Loss and aim for high RR ratios.
For example:
If the last swing is MUCH closer than round level, put the Stop Loss on the last swing.
The ideal trades in daytrading (M5 - M15) are when your risk 15-20 pips and aim for 40-50.
If you scalp (M1 - M5) try to risk no more than 10 and try to reach 20+ pips.
If you are swing trader (H1 - D1) the Stop Loss should be around 30-50pips, while Take Profit 100+ pips.
A short video tutorial about the Crystal FX System:
When trading this system, be sure to consider the release of important economic news. And do not trade 30 minutes before and after the release of the important “red” news. You can use this economic calendar. Stick to Money Management and do not risk more than 2% of your account. Be sure to practice on a demo account before real trading.
In the archive Crystal_FX.rar (1.52 Mb):
- CrystalFX_AGGRESSIVE.ex4
- CrystalFX_Dash.ex4
- CrystalFX_levels.ex4
- CrystalFX_SAFE.ex4
- CrystalFX_STANDARD.ex4
- CrystalFX_Trend1.ex4
- CrystalFX_Trend2.ex4
- CrystalFX_Trend3.ex4
- CFX_Aggressive.tpl
- CFX_Safe.tpl
- CFX_Standard.tpl
- FCrystalFX - User's Manual.pdf
Free Download Crystal FX
