FGM Profitable Strategy is a crossover trading system that helps traders to find the correct market trend including both entry and exit signals. This strategy is well equipped with three special Moving Averages and one trend filtering indicator for demonstrating the trade signals. Its simplicity of use offers a great advantage for the newbie forex traders.
FGM Profitable Strategy can be used to trade all kinds of forex currency pairs available in the financial markets. Moreover, you’re free to apply it on any sort of timeframe chart within the forex MT4 trading platform.
FGM 8 & 21: These specially parameterized Moving Averages are applied for plotting crossover trend signals. FGM 8 is greater than FGM 21 means it is a bullish crossover and the trend is bullish. On the other hand, FGM 8 moves below FGM 21 means it is a bearish crossover representing the bearish trend of the market.
FGM 50: It has been included as another trend identifying tool. According to the simple moving average theory, if price closes above its level then the market trend is considered bullish. Oppositely, the price dives below its level and remains lower than the indicator level represents the bearish trend of the market.
Profitable Trader 1: This tool is a trend signal filter. It is a mix of 8 & 14-day RSI with a 63-day CCI. It turns yellow when the bullish trend of the market is confirmed. For bearish trend confirmation, the indicator color must be transformed into red and matched with signals from the other indicators of the system.
FGM Profitable: Buy Conditions
FGM 8 is greater than FGM 21
Price holds its position above FGM 50 level
Profitable Trader 1 turns in to yellow color
A buy can be triggered when the above conditions are done
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
FGM Profitable Strategy can’t download,pls update it. Thanks in advance.
Updated, Please check it again and download
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