Hello traders! I’m very much excited to introduce Supreme Profit Forex System to you. This is a free forex trading system that works too well. What I love most about this forex trading system is it helps you grab bigger pips from bigger swings.
And another best thing about Supreme Profit Forex System is its simplicity. The charts look surprisingly clean and beautiful. You don’t need to scan each and every forex pair to analyze their trends because it is already displayed on the left side of the chart. This is probably the best free forex trading system that you will ever find. It is a pure trend following system.
Supreme Profit Forex System Overview
|Number of Indicators
|M15, H1, H4, and Daily
There are more than 4 indicators used in this forex trading system but it is okay to use only 4 of them to trade profitably. Here, I will not be talking about the currency meter board on the left but one can use it to save time while scanning pairs.
Before diving into trading it is still worth reading about the market trend here- Follow the Trend and Money will follow You. You can learn to install a trading system here: How to Install Free Trading System in MetaTrader 4 (MT4): A Step By Step Guide. When you get it done your Forex Profit Supreme System will look like this:
Supreme Profit Forex Indicators Explanation
|Indicator Window 1
|Indicator Window 2
These are the four major indicators we focus on in this forex trading system:
- RSI Candles
RSI candles are the customized bars. Blue bars indicate bullish candles and red bars indicate bearish signals. Besides just indicating bullish and bearish candles, this indicator helps you identify market trends.
- Forex Profit Supreme Signal
This is one of the main signal generator indicators of this trading system. A blue arrow indicates buying signal and a red arrow indicates selling.
Filter is used in this forex trading system to give confirmation to the signals.
Dline is a simple and power confirming indicator. It gives confirmation to trades through the momentum of the market.
Also Read: RoboFx Forex Trading System
Supreme Profit Forex System: Buy Parameters
- Forex pair should be up trending.
- RSI candles indicator form blue bars.
- Forex Profit Supreme signal indicator should form a blue arrow pointing upward.
- Forex Profit Supreme Filter indicator should form blue bars.
- Forex Profit Supreme Dline indicator should be green.
- Place your long position when above parameters are met.
- Keep your stop loss below the recent swing low.
- Take your profit when Forex Profit Supreme Signal indicator forms a red arrow pointing downward.
Supreme Profit Forex System: Sell Parameters
- Forex pair should be down trending.
- RSI candles indicator form red bars.
- Forex Profit Supreme signal indicator should form a red arrow pointing downward.
- Forex Profit Supreme Filter indicator should form red bars.
- Forex Profit Supreme Dline indicator should be red.
- Place your short position when above parameters are met.
- Keep your stop loss above the recent swing high.
- Take your profit when Forex Profit Supreme Signal indicator forms a blue arrow pointing upward.