Forex Profit Supreme - Intraday Trading Indicator
 
Description: Forex Profit Supreme is a comprehensive intraday trading system designed to provide clear entry and exit signals based on the analysis of six different indicators. This system is particularly suited for traders focusing on intraday opportunities across various timeframes.
 
Indicators Used:
ForexProfitSupreme Meter: Provides an overview of the market situation for currency pairs, indicating current movement strength and direction.
ForexProfitSupreme Bars: Color-coded candles (red or green) indicating the direction of the trend.
ForexProfitSupreme Clocks: Displays the time remaining until the close of the current candle.
ForexProfitSupreme Signal: Signal arrows indicating the direction of price movements.
ForexProfitSupreme Filter: Used to filter out false signals generated by the previous indicators.
ForexProfitSupreme Dline: Final confirmation indicator for entering the market, based on its position relative to the zero line.
 
Characteristics of Forex Profit Supreme Indicator:
Platform: Metatrader 4
Currency pairs: Majors
Trading Time: Intraday
Time-frame: H4, H1, M15
 
Rules for Opening a Long Position:
ForexProfitSupreme Signal: Blue up arrow indicates a buy signal.
ForexProfitSupreme Meter: Shows upward movement for the currency pair.
ForexProfitSupreme Filter: Indicator is blue, confirming the buy signal.
ForexProfitSupreme Dline: Green and positioned above the zero line, confirming bullish sentiment.
 
Exit Strategy for Long Position:
Exit the position when a current trend opposite signal from any of the indicators appears.
 
Rules for Opening a Short Position:
ForexProfitSupreme Signal: Red down arrow indicates a sell signal.
ForexProfitSupreme Meter: Indicates downward movement for the currency pair.
ForexProfitSupreme Filter: Indicator is red, confirming the sell signal.
ForexProfitSupreme Dline: Red and positioned below the zero line, confirming bearish sentiment.
 
Exit Strategy for Short Position:
Exit the position when a current trend opposite signal from any of the indicators appears.
 
Advantages:
No Chart Monitoring Required: The system comes with a full package of alerts, reducing the need for constant monitoring.
No Complex Analysis Needed: Requires no extensive market study or analysis, making it accessible for traders of all experience levels.
Immediate Use: Installs quickly and can be applied immediately to trading.
Decision-Making Control: Traders retain full control and make final decisions on all trades.
Risk Management: Advanced stop-loss system helps to minimize risk and protect profits.
Versatility: Effective in both bullish and bearish market conditions across multiple timeframes.
 
Forex Profit Supreme offers a structured approach to intraday trading, combining multiple indicators to enhance signal accuracy and reduce trading risks. Traders should practice disciplined execution of the strategy and adapt it to their individual risk tolerance and trading preferences for optimal results.
 
Please note:
Purchasing this Forex Profit Supreme Indicator grants you FULL ACCESS to the Code and Parameters.
 
 
RISK DISCLAIMER:
The application shown on this page does not consider your personal circumstances and trading objectives. Therefore, it should not be seen as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, methods, expert advisors (EAs), scripts and/or indicators will lead to profits or prevent losses.