FOREX PROFIT LAUNCHER

Overview

The Forex Profit Launcher is a scalping system intended for use with the MetaTrader platform. It provides signals for buy and sell trades based on its proprietary algorithm. The installation process involves downloading and setting up the MetaTrader platform, then installing the Forex Profit Launcher system onto it. Once installed, the system generates signals that traders can use to make trading decisions.

Buy and Sell Rules

Buy Rules

  1. Signal Indicator: A BLUE horizontal line across the chart indicates a possible buy signal.
  2. Confirmation: A popup window will appear with trade details confirming the buy signal.
  3. Market Conditions: It is recommended to use this system during off-market hours, for instance, trading EUR/USD during the Asian session.
  4. Entry Details: Follow the entry details provided in the popup window, even if the current candle movements cause the entry/stop/profit levels to change.
  5. Chart Signal vs. Line Color: If a buy signal is indicated and the chart shows a red line, follow the buy signal and ignore the line color.

Sell Rules

  1. Signal Indicator: A RED horizontal line across the chart indicates a possible sell signal.
  2. Confirmation: A popup window will appear with trade details confirming the sell signal.
  3. Market Conditions: Similar to buy signals, trade during recommended market sessions and avoid trending pairs.
  4. Entry Details: Follow the entry details provided in the popup window, even if the current candle movements cause the entry/stop/profit levels to change.
  5. Chart Signal vs. Line Color: If a sell signal is indicated and the chart shows a blue line, follow the sell signal and ignore the line color.

Additional Considerations

  • Stop Loss and Take Profit: The system uses a scalping strategy, where the stop loss is always higher than the take profit level.
  • Pair Suitability: The system works with all pairs but is not recommended for trending pairs like USD/JPY.
  • Demo Trading: It is advised to practice on a demo account for at least two weeks before using the system with real money.
  • Support: Users can contact support or search online for MetaTrader tutorials if they encounter any issues.

Disclaimer

The manual includes a comprehensive disclaimer emphasizing the risks associated with futures and options trading, noting that past performance is not indicative of future results, and that hypothetical trading results have limitations compared to actual trading.

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