737# Global Profit System
Trend Reversal System
Global Profit System is a trend reversal system. In this web site there are other similar strategies for trading. This strategy is based on channel high / low as support and resistence. The purpose of this system is to catch the bounce on the channel confirmed by three indicators including fisher an indicator recalculates. I introduced fisher to have more price action, but it can be replaced.
Global Profit System works good with renko and median renko charts.
Box size 5 pips or higher.
Time Frame 15 min or higher.
Currency pairs: majors.
moving average 10 period,
Super signal channel,
Trigger 5, 13, 1,
Fisher period 10,
MACD 5, 34, 5.
Global Profit System trading rules
When appears the buy arrow wait that the three indicators are agree in the same direction.
MACD 5, 34, 5, red line above withe line,
Fisher green bar,
Trigger gree bar.
When appears the sell arrow wait that the three indicators are agree in the same direction.
MACD 5, 34, 5, red line below withe line,
Fisher red bar,
Trigger red bar.
Exit position place initial stop loss above/below the channel.
Take profit ratio 1.18 stop loss.
In the pictures Global Profit System in action, this Metatrader 4 strategy is for expert and it needs of practice.