Forex profit launcher tells traders where is the potential support and ressistance levels which marked by small horizontal line on chart. Just follow its rule the system does everything automatically. System clearly tell you where the price will moves in future.
Forex Profit Launcher can be used at any forex currency pairs available at the trading platform with all sort of timeframe charts.
After the correct installation successfull, Forex Profit Launcher System will appears on MT4 chart like below:
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| Forex Profit Launcher System |
Forex Profit Launcher: It shows the possible swing zone of current momentum. This indicator allows you to catch the right momentum early. Moreover, helps trader to identifie the market direction based on the top or bottom swing levels.
MP-Hook Break: It works as like as the Heiken Ashi candle. It will changes its price bar color to signal the trends. Blue bar means the bullish market and the red bars signal the opposite momentum of the market.
Pivot Levels: Plots the key market levels. During trading, you should really to attent the market whenever price reaches such levels. These levels work as horizontal support/resistance areas of the market.
Auto Trend Line: It automatically plots line on chart as trend guide created by the market price actions. This may helps especially newbie traders to identifies the current trend easly
FPL SR: Plots a temporary support/resistance area according to the market price changes. You can also use these levels as possible swing zones of the market. When price breaks out these levels within the current trend direction may creates the breakout trading signal opportunities.
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| Forex Profit Launcher System Indicators |
RULE of Forex Profit Launcher System
BUY Entry- Forex Profit Launcher should be below the market price bar
- Price is above any Pivot Levels or Auto Trend Lines tilt upward.
- MP-Hook Break colored blue.
- Open BUY order when price bar breaks the FPL SR level and stays above it.
- Place stop loss level below the low of the respective signaling price bar.
- Exit long whenever Forex Profit Launcher appears above the price bars.
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| Forex Profit Launcher System BUY condition |
SELL Entry
- Forex Profit Launcher should be above the market price bar.
- Price is above any Pivot Levels or Auto Trend Lines tilt downward.
- MP-Hook Break should be red.
- Open SELL order when price bar breaks the FPL SR level and stays below it.
- Place stop loss level above the high of the respective signaling price bar.
- Exit SELL order whenever Forex Profit Launcher appears below the price bars.
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| Forex Profit Launcher System SELL condition |
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