THE FOREX PROFIT SUPREME SYSTEM

Overview of the Forex Profit Supreme System

The Forex Profit Supreme System is a manual trading strategy designed for the forex market, aimed at both novice and experienced traders. Its primary goal is to simplify the trading process while ensuring profitability even under challenging market conditions. The system is built on a robust trading method that allows traders to follow multiple currency pairs simultaneously.

Key Features:

  • User-Friendly: Designed for ease of use, even for those with no prior trading experience.
  • Profitability: Tested over a long period and proven to be profitable.
  • Risk Management: Emphasizes the importance of money management to prevent significant losses, recommending not to risk more than 2% of initial capital per trade.
  • Indicators: Utilizes six custom-made indicators to aid in trading decisions.

Indicators:

  • ForexProfitSupreme Meter: Tracks currency pair strength and provides signals on current conditions.
  • ForexProfitSupreme Bars: Visual aid for market direction.
  • ForexProfitSupreme Signal: Draws arrows on the main chart to indicate trade direction.
  • ForexProfitSupreme Clocks: Displays candle time ending.
  • ForexProfitSupreme Filter: Shows trend direction with blue and red bars and provides alerts.
  • ForexProfitSupreme Dline: Also indicates trend direction with alerts and shows a green or red dot depending on the trend.

Buy and Sell Rules

Go Long (Buy):
  1. ForexProfitSupreme Meter: Check which currency pairs to trade.
  2. ForexProfitSupreme Signal Arrow: Points up.
  3. ForexProfitSupreme Filter Bars: Turns blue.
  4. ForexProfitSupreme Dline: Goes above the 0 line and shows a green dot.
Go Short (Sell):
  1. ForexProfitSupreme Meter: Check which currency pairs to trade.
  2. ForexProfitSupreme Signal Arrow: Points down.
  3. ForexProfitSupreme Filter Bars: Turns red.
  4. ForexProfitSupreme Dline: Goes below the 0 line and shows a red dot.
Exit Rules:
  • Exit the trade when the indicators turn against the trade direction.
  • Apply a trailing stop if needed, with the stop loss depending on the timeframe.
  • Place the stop loss at the previous low or high.

By following these rules and utilizing the provided indicators, traders can make informed decisions and potentially achieve profitable outcomes in their forex trading endeavors.