676# FGM Profitable Strategy

Profitable Trend Trading

Submit by Lorenz 22/02/2016

 

FGM Profitable Trading is a trend following strategy for intraday trading or swing It's based only on trend indicators. This strategy is very simple and clear.

Time Frame 15 min or higher.

 

Financial Markets any.

Metatrader indicators

FGM

Trend Bars

Profitable strategy.

 

Trading Rules FGM Profitable Strategy

Short entry

When the blue line crosses the aqua line from the top, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the sell trade. Sometimes it will cross both at once or sometimes it will take a little time to form.

Profitable strategy indicator alias FX prime confirm with red bar.

 

Long Entry

When the blue line crosses the aqua line from the bottom, prepare for a trade, but not yet. Once the yellow line is crossed as well, then take the buy trade. Sometimes it will cross both at once or sometimes it will take a little time to form.

Profitable strategy indicator alias FX prime confirm with blue bar.

 

Exit position options:

Ratio 1.5 or 1:2 stop loss ( iniatial stop loss on the previous swing);

For Long entry : when the blue line crosses the aqua blue (light blue line) from the top to bottom, close the trade.

For Short entry: when the blue line crosses the aqua line from the bottom to top, close the trade.

 

Advantage: good ratio profi/loss.

 

Disavantage:the system decreases the efficiency in the side ways it is important to apply this template to   trending market.

In the pictures FGM Profitable Strategy in action.

FGM Profitable Strategy
FGM Profitable Strategy
FGM Profitable Strategy
FGM Profitable Strategy

 

Share your opinion, can help everyone to understand the forex strategy

 

Comments: 1
  • #1

    Foluso Sogbesan (Thursday, 06 February 2020 10:32)

    I NEED THE FGM INDICATOR

FGM profitable trading.rar
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