Forex Profit Trend Following System

Forex Profit Trend Following System is a forex trading strategy which is based on a trend direction following, this is a free system that can help beginner trader to make money consistently if the system is used well. Every system trading has its rule and it has to be followed in order to get optimal result over the long term. There are many amazing free trading systems yet so many newbie traders are not able to make money consistently due to the lack of self-discipline within them. Match for any currency pair and timeframe  5m - Daily

Once Forex Profit Trend Following System installed on MT4 platform, the main chart should be look like this.

Forex Profit Trend Following System
Forex Profit Trend Following System

INDICATORS

Forex Moon Secret

This is one of the major indicators of this system, forex moon secret appears on the main chart as candle bars, these bars are quite different from the ordinary bars, forex moon secret bars are formed based on average closing bar prices. Filter out the noise of the market and give the clear chart of overall trend of the market.

TURTLE CHANNEL

This is a second most important indicator of this system trading. Turtle indicator is the blue and red line which appears above or below the market bars. When the indicator is blue indicates bullish market while the turtle indicator is red indicates bearish market.

MOVING AVERAGE

This system uses 200-period Moving Average, this may help the user to identity major trend of the market, make sure that you do not trade against the major direction of the market.

Forex Profit Trend Following System Indicator
Forex Profit Trend Following System Indicators

RULE OF Forex Profit Trend Following System

BUY Entry

  • The currency pair you're watching should be up trending.
  • It has to be bouncing from the recent swing low.
  • The Forex Moon Secret Indicator (bars) should be green colour.
  • The Turtle Channel indicator should be blue colour.
  • The VQzz2 indicator should be green.
  • Currency rate should be above the 200-period simple moving average.
  • Place your buy order when all of the above parameters are met.
  • Place your stop loss below the most recent support level.
  • Take your profit when the Turtle Channel indicator turns red.
Forex Profit Trend Following System in BUY condition
Forex Profit Trend Following System in BUY condition

SELL Entry

  • The currency pair you're watching should be down trending.
  • Market has to be falling from the recent swing high.
  • The Forex Moon Secret Indicator (bars) should be red.
  • The Turtle Channel indicator should be red.
  • The VQzz2 indicator should be red.
  • Currency rate should be below the 200-period simple moving average.
  • Place your sell order when all of the above parameters are met.
  • Place your stop loss above the most recent support resistance level.
  • Take your profit when the Turtle Channel indicator turns blue.
Forex Profit Trend Following System in SELL condition
Forex Profit Trend Following System in SELL condition

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