FOREX PROFIT FUSION TRADING SYSTEM
Forex Profit Fusion Trading System Summary
System Overview:
- Name: Forex Profit Fusion
- Performance:
- Demo Round Profit: 383%
- Win/Loss Ratio: 65 Wins/5 Losses
- Ranked: 2 in SFTC v.6 Demo round
- Type: Reversals/Divergence and Scalping
- Time Frames:
- Main: 30 minute
- Trend Direction: 4 hour
- Indicators Used:
Main Chart:
- Bollinger Bands
- 5-period Smoothed Moving Average (High, Red)
- 5-period Smoothed Moving Average (Low, Blue)
- Fibonacci Pivots THV
Indicator Window 1:
- 21-period CCI (Light Sea Green, Thickness 2)
- 20-period Bollinger Bands (Yellow, Deviations: 2, Apply to First Indicator's Data)
- 5-period Smoothed Moving Average (Red, Thickness 2, Apply to First Indicator's Data)
Indicator Window 2:
- Volumes (Value Up: Green, Value Down: Red, Thickness 2)
Buy and Sell Rules
Sell Trade Entry Rules:
- Check Trend:
- On the 4-hour chart, ensure the SMMA channel is below the middle Bollinger Band, indicating a downtrend.
- Identify Resistance Area:
- On the 30-minute chart, wait for price to approach a resistance area.
- Check for Price Action Patterns or Divergence:
- If no price action patterns are present, check for divergence between Price and the CCI/BB/SMMA window on the 30-minute chart.
- Confirm Volume:
- Ensure high volume with the Volume bar forming significantly higher or consecutively higher peaks.
- Enter Trade:
- Enter a new trade position as soon as the candlestick pattern or divergence pattern has completed.
- Set Stop Loss:
- Place stop loss above the most recent swing high.
- Trail Stop Loss:
- Use the SMMA channel or middle Bollinger Band to trail the stop. Alternatively, exit manually when the Bollinger Band on the CCI begins to contract.
Buy Trade Entry Rules:
- Check Trend:
- On the 4-hour chart, ensure the SMMA channel is above the middle Bollinger Band, indicating an uptrend.
- Identify Support Area:
- On the 30-minute chart, wait for price to approach a support area.
- Check for Price Action Patterns or Divergence:
- If no price action patterns are present, check for divergence between Price and the CCI/BB/SMMA window on the 30-minute chart.
- Confirm Volume:
- Ensure high volume with the Volume bar forming significantly higher or consecutively higher peaks.
- Enter Trade:
- Enter a new buy trade position as soon as the candlestick pattern or divergence pattern has completed.
- Set Stop Loss:
- Place stop loss below the most recent swing low.
- Trail Stop Loss:
- Use the SMMA channel or the middle Bollinger Band to trail the stop. Alternatively, exit manually when the Bollinger Band on the CCI begins to contract.
Additional Notes:
- This system is suited for intermediate to advanced traders due to its complexity.
- It involves trailing stops and dynamic take profit levels.
- Suitable for trading reversals, regular and hidden divergence, and scalping.
The Forex Profit Fusion system, with its combination of standard MT4 indicators and a unique market reading approach, offers a high win/loss ratio and robust trading opportunities, making it a powerful tool for experienced traders.