Global Profit Trading System

Global Profit Trading System
Global Profit Trading System

Global Profit System is a forex trading system. The Global Profit System is a foreign exchange trading system. The Global Profit System can be used for scalping purposes too. The Global Profit System is a forex trading system that is very simple but produces high quality output. Someone can be very flexible about the time frame and instruments when you trade with this forex trading system. There are only three indicators used in this forex trading system but more than enough to make money consistently.

Mt4 Indicators:

Moving average
There are 10 moving average periods used in this forex trading system. Moving averages are the simplest but most powerful technical indicators.

Trigger
Trigger is a technical indicator consisting of histograms that fluctuate in positive and negative regions. When the histogram is in a positive territory, the market rises in the trend and when the histogram is in a negative territory it indicates that the market is down trend.

Momentum indicator
There are momentum indicators used in this forex trading system. You can see the red and white oscillator in this forex trading system. When the red oscillator is above the white oscillator, it shows a buy signal. Similarly, when the red oscillator is below the white oscillator, it is a sales signal.

Buy entry:

Global Profit Trading System Buy condition
Buy condition

  • The market must rise in trend.
  • The market must bounce from the swing low recently.
  • The market must be above the moving average.
  • Trigger Indicator must be positive.
  • The red indicator oscillator must be above the white oscillator.
  • Place your buy position as soon as the conditions above are met.
  • Set stop loss below the recent swing low.
  • Take your profits when the Trigger indicator turns negative.

Sell entry:

Global Profit Trading System Sell condition
Sell condition

  • The market must go down the trend.
  • The market must retreat from recent high swings.
  • The market must be below the moving average.
  • The trigger indicator must be negative.
  • The red oscillator momentum indicator must be below the white oscillator.
  • Place your short position as soon as the above conditions are met.
  • Set stop loss above the recent swing high.
  • Take your profits when the Trigger indicator turns positive.



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