ProFx Forex Trading System

ProFx Forex Trading System is a trend following the forex trading system. The Pro Fx Forex Trading System is the simplest form of the trend following system. Although this forex trading system is too simple it is very powerful and has a high level of accuracy.

The indicators of the ProFx Forex Trading System are optimized to get the best results. This forex trading system was backtested on wide range of currency pairs and on several time frames and it generated fantastic results.

Trend following trading systems are always the best ones as no one can forecast the market but follow. But it takes discipline to be a good follower. Only good a trend follower can make money from the market.

Time Frame

InstrumentsNumber of IndicatorsRating
M15, H1, H4, and DailyAny3

9.7

ProFx Forex Trading System Overview

Click here for a step by step guide to install the trading system in your MetaTrader 4. When you install ProFx Forex Trading System in your trading platform, your chart will like this : 

ProFx Trading System
ProFx Trading System

ProFx Forex Trading System Indicators

Indicators

Main chart

Indicator Window
ProFx Heiken Ashi

ProFx Strength

ProFx MA

 

 Among three indicators used in this forex trading system, two are in the main chart windows which help in generating trading signals and the indicator in the indicator window will help to verify the signal.

  • ProFx Heiken Ashi

The ProFx Heiken Ashi indicator will help you generate the Heiken Ashi chart. Heiken Ashi chart is smoother than the ordinary chart and it removes the noise of the market and gives you clear direction. 

  • ProFx MA

The yellow moving average that you see on the main chart will help you to determine the direction of the market.

  • ProFx Strength

ProFx Strength index consists of histograms that fluctuate in positive and negative territory. When the histogram is positive, you should be buying and when the histograms are negative you should be selling.

ProFx Forex: Buy Signals

ProFx buying signal
ProFx buying signal
  • The currency pair should be up trending.
  • Heiken Ashi bars should cross above the FxPro MA indicator.
  • Heiken Ashi bars should form at least 3 consecutive bullish bars.
  • The ProFx strength indicator moves into the positive territory from the negative territory.
  • Place your buy order at the market rate when all the above conditions are met.
  • Set your stop loss just below the recent swing low.
  • Take your profit when the ProFx strength histogram dives into the negative territory.

You Must Read: The Best Forex Trading Strategy Ever

ProFx Forex: Sell Signals

Profx Selling Signal
Profx Selling Signal
  • The currency pair should be down trending.
  • Heiken Ashi bars should cross below the FxPro MA indicator.
  • Heiken Ashi bars should form at least 3 consecutive bearish bars.
  • The ProFx strength indicator move into the negative territory from the positive territory.
  • Place your sell order at the market rate when all the above conditions are met.
  • Set your stop loss just above the recent swing high.
  • Take your profit when the ProFx strength histogram rises to the positive territory.
Free Download Pro Fx Trading System
Free Download Pro Fx Trading System
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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

2 thoughts on “ProFx Forex Trading System”

  1. Hi There, There is a .dll file missing in the download folder which then won’t allow for indicators to display. Please can you provide it? It should be profx.dll as it says in the “Dependencies” tab.

    Thanks.

    Reply

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