623# Get Profit

Submit by Mario 111

Get Profit is a good idea for trading trend followingbased on three indicators Ozymandias line indicator Super Signal Channel and Premium Fx Scalper as filter. This strategy is suitable for scalping and day trading but works on all time frame. The setting that is here is for scalping and day trading. Trade always in the direction of the Super Channel. For scalping the purpose is 3- 10 pips a trade depends by Currency pairs, for the day trading the profit target is 10-20 pips.

Currency pairs majors with low spread.

Time frame 5 min – 15 min. (also if works great at the 4H Time frame).

Trading only in the London and New York sessions.

Metatrader 4 indicators

Ozymandias line trend indicator- red sell – green buy- amplitude 2 period.

Super Signal channel 4.

Premium FX Scalper period 21.

Sweet Spot levels for scalping and day trading.

Get Profit trading rules

Buy

Super signal Channel buy arrow.

Price breaks above the upper channel.

Ozymandias green line.

Premium Fx Scalper green bar.

Sell

Super signal Channel sell arrow.

Price breaks above the lower channel.

Ozymandias red line.

Premium Fx Scalper red bar.

Max two entries in the same direction (optional).

Exit Strategy

Profit target 5 10 pips scalping 10 – 20 pips day trading for help you there are the sweet spot levels draws on the chart.

Stop loss above/below the upper and lower channel more spread.

In the pictures Get profit in action.

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