FOREX PROFIT ZONE SIGNALER

FREE “No Software” Trading System & Book!Profit Zone Signaler!

It gives you clean, clear signals – and instant trend confirmation… Because when you are trading on lower time frames like the 5M, you need solid information and you need it fast.

Want to get into the super-fast trades on the 5 minute (M5) charts to make faster cash?

It does not get any simpler than with the Forex Profit Zone Signaler

Forex Profit Zone SignalerI have designed the Profit Zone Signaler to help you do just that. Just like my Market Domination system, the Profit Zone Signaler does not require any specialized indicators – it uses ones already available on your MT4 platform – so you don’t have to learn anything complicated or integrate new software into your system.

And with Profit Zone Signaler, you need only three simple lines to make it work. That’s it, and I give you everything you need to know how to trade it right on this page.

The rules are simple, 6 easy steps on any trade, and a “Bonus” 7th step that helps you make even more cash on any trade you take.

Let’s jump right to the system I call the Forex Profit Zone Signaler.

We will use only the default-installed MT4 indicators that come with every MT4 platform, so there is no need to install anything. I will give you a template with the download, so all you need to do is load it on your charts and that’s it.

Get Your FREE BOOK! Forex Profit Zone Signaler

Let’s go over indicators and their settings.

 

INDICATORS

Forex Profit Zone Signaler uses three different Moving Averages:

  • EMA 21
  • EMA 13
  • EMA 8

To add a Moving Average indicator to your chart, go to Insert -> Indicators -> Trend -> Moving Average

1. Exponential Moving Average 21 (Red SMA)

For this we are using the following settings as on the image below:

Forex Profit Zone Signaler
 

2. Exponential Moving Average 13 (Blue SMA)

Here, we use the settings as on the image below:

Forex Profit Zone Signaler
 

3. Exponential Moving Average 8 (Green SMA)

The settings for this indicator can be seen on the image below:

Forex Profit Zone Signaler

After applying all the Moving Averages to your chart, it should look like this:

Forex Profit Zone Signaler
 

 

RULES

 

Long Entry (Buy) Rules:

  1. On the higher time frame (H1), the Green EMA must be above the Red EMA.
  2. On the higher time frame (H1), the price must be above the Green SMA.
  3. Once we determine the direction of the market, we will switch to a lower time frame: the M5 chart from the H1. We need to see EMAs in the correct order on the M5 chart:
    • Green EMA at top
    • Blue EMA in the middle
    • Red EMA at the bottom
  4. Next, we would look for a market pullback to occur: the price must touch the Green EMA. The candle must then close above the Red EMA. (If it doesn’t, the set up will not be traded.) This will be our “Trigger” candle for a long trade.
  5. Enter the trade once the price breaks above the level of the last Swing High point (we are looking for the last Swing High point before the price touched Green EMA as per rule no. 4). There is no need to wait for the candle to close.
  6. The Stop Loss goes just below the last Swing Low point.
  7. The First Take Profit Target is set at 1:1 Risk to Reward ratio, while second Take Profit Target is set at 1:2 Risk to Reward ratio. Once the first Take Profit target has been reached, close 50% of your position and move the Stop Loss to break-even (to your Entry point).

Forex Profit Zone Signaler
Forex Profit Zone Signaler

Short Entry (Sell) rules:

  1. On the higher time frame (H1), the Green EMA must be below the Red EMA.
  2. On the higher time frame (H1), the price must be below the Green SMA.
  3. Once we determine the direction of the market, we will switch to lower time frame: the M5 chart from the H1.We need to see EMAs in correct order on the M5 chart:
    • Red EMA at top
    • Blue EMA in the middle
    • Green EMA at the bottom
  4. Next, we would look for a market pullback to occur: the price must touch the Green EMA. The candle must then close below the Red EMA. (If it doesn’t, the set up will not be traded). This will be our “Trigger” candle for a short trade.
  5. Enter the trade once the price breaks below the level of the last Swing Low point. (We are looking for the last Swing Low point before the price touched Green EMA as per rule no. 4.) There is no need to wait for the candle to close.
  6. The Stop Loss goes just above the last Swing High point.
  7. The First Take Profit Target is set at 1:1 Risk to Reward ratio, while the second Take Profit Target is set at 1:2 Risk to Reward ratio. Once the first Take Profit target has been reached, close 50% of your position and move the Stop Loss to break-even (to your Entry point).

Forex Profit Zone Signaler
Forex Profit Zone Signaler
So, now you have another one of my trading tools that could help you to make trades more effectively. Start using it and you will see how powerful it can be.

Regards,
Toshko Raychev

Click the button for your free download, and let me show you how it’s done. 
Get Your FREE BOOK! Forex Profit Zone Signaler

error: Alert: Content is protected !!