Deep Profit Labs Trading System

Deep Profit Labs Trading System is a trend following based forex strategy which has been designed aiming intraday forex traders. It doesn’t matter how big volatile the market is, this system plots a dynamic channel on main chart so that you know what should you do, wait and see or pull the trigger according to the market trend direction. So far, it has been tested that this strategy is quite well profitable, steady and safe if you really know its rule how to use it.

Deep Profit Labs Trading System best timeframe fits with M15 or higher charts. Therefore, its user can  also choice the trade setup in multiple timeframes before taking decision to trade at the market. Deep Profit Labs Trading System is able to apply  to trade at any currency pairs.

After the installation has completed, Deep Profit Labs Trading System at your forex MT4 terminal should appears like the following image:

Deep Profit Labs Trading System
Deep Profit Labs Trading System

Indicators:

  • M15 TMA Bands: This indicator is important part of this system. It draws  upper and lower lines that forms a channel. If price bar reach the upper channel represents the market is entering the overbought condition. Otherwise, when the price bar hits the lower band means the oversold condition is on going.

  • Arrow Bands: It indicates the possible swing zone of the market. The arrows will pointing to the next possible direction of momentum . For long entries,  need to wait upward arrows that appear at the lower band and downward arrows that appear at the upper band to take trade short.

  • Candle Shadow: It is a momentum indicator. It turns white color means the momentum is bullish and  black color  indicates the bearish momentum,  it works like the “Heiken Ashi” indicator.

  • Super Trend & Bar bands: These indicators works in the same function are to determine the current market momentum direction. When their value under 0.15 (oversold area) and  their histogram bars turn white means the long entry is confirmed. Otherwise, for a short entry, their value should be above the 0.85 level (overbought area) and histogram bars turn red.

Deep Profit Labs Trading System Indicators
Deep Profit Labs Trading System Indicators

Trading rule:

BUY entry
  • Price bars position right above the lower Band of M15 TMA channel.
  • An arrow pointing upward is plotted right below the price bar.
  • Candle Shadow color turns white.
  • Super Trend & Bar Bands value are under 0.15 and white color.
  • Place Buy order after all the above parameters are met
  • Set stop loss below the lower band of M15 TMA channel.
  • Exit Buy whenever the Candle Shadow color turns black.
Deep Profit Labs Trading System Buy condition
Deep Profit Labs Trading System Buy condition

SELL entry
  • Price bars position right below the upper Band of M15 TMA channel.
  • An arrow pointing downward is plotted right above the price bar.
  • Candle Shadow color turns black.
  • Super Trend & Bar Bands value are above 0.85 and red color.
  • Place Sell order after all the above parameters are met
  • Set stop loss above the upper band of M15 TMA channel.
  • Exit Buy whenever the Candle Shadow color turns white.
Deep Profit Labs Trading System Sell condition
Deep Profit Labs Trading System Sell condition

1 Response to "Deep Profit Labs Trading System"


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