FxMax5 – Forex Profitable strategy Forex.
FxMax5 is a profitable forex strategy which is based on a clear and adequate concept of trading by trend. And any profitable strategy requires adherence to clear rules. This is a new profitable strategy and on the forex market receives an exclusive label and all fans of indicator systems are recommended for review.
Work on the forex market is always associated with increased risk, as the trader may be tempted to overstate a lot or open up “at random” in anticipation of large profits. But you can not do that! Trading on FxMax5 is a profitable forex strategy, you take the responsibility to follow the rules of trading so that trading brings you joy and satisfaction! That work by the rules will give you a stable and constant profit over the distance. The rules of trade will be discussed below. Be sure to study them!
FxMax5 – Forex Profitable strategy.
Minimum deposit: $ 100.
Recommended deposit: from 1000 $
Leverage: 1:50 to 1: 500.
Maximum loss per trade: 80 points.
Maximum risk in a transaction (from deposit): <= 5%
Maximum position volume: 0.1 LOT per $ 1000 (0.01 LOT at $ 100)
In each transaction, we risk from 1 to 5% of the deposit (if the deposit is $ 1,000, then you can risk 5 percent; if the deposit is $ 10,000, then I recommend risking one or two percent per transaction; it is absolutely impossible to drain the deposit with such money management! ).
If your deposit is $ 100, then you open a transaction with a volume of 0.01 lot.
If your deposit is $ 1000, then you can open trades up to 0.1 lot (recommended lot is 0.01 / 0.02)
If your deposit is $ 10,000, then you can open trades of up to 1 lot (recommended lot is 0.05 / 0.1)
In no case can not exceed the specified maximum lots!
A clear algorithm – what are we doing at all!
The algorithm works profitable forex strategy FxMax5.
Choose a currency pair and a timeframe on which we will work. Check economic calendaron the opening day of the transaction (red marks opposite the currencies being traded) and do not trade 30 minutes before and after the release of important news. Especially important news are decisions on interest rates of national banks, elections, referendums, etc., NonFarm for the USA, data on GDP. (For beginners). We are waiting for the appearance of arrows on the chart. Be sure to wait for the candle to close.
(For non-newbies). The arrow is not waiting, waiting for the first candle from the level. Be sure to wait for the candle to close.
Filter the signal according to the rules. If the signal passes through the filters, then go to step 5. If the signal does not pass through the filters, then go to step 3.
5.Open the order, set a take profit and stop loss according to the rules of money management and risk management.
We make an entry in a notebook with a screenshot of the graph. We work with an open position according to the rules of the strategy. We make an entry in the notebook with a screenshot of the chart on the fact of closing the order. Go to step 2.
FxMax5 Strategy Rules.
We work on the strategy only on the H4 and H1 timeframes (or M30).
Indicators: The arrow indicator shows the critical points of a possible price reversal. Supertrend line shows the local trend. The DailyOpenLine is a local level. Stochastic oscillator shows local transition points. The FxMax5 TF indicator shows a long-term trend.
We will open transactions only in a situation in which all the indicators coincide (all conditions):
The price bounces off from the level of DailyOpenLine or Supertrend; Stochastic oscillator is in the overbought / oversold zone; All signals coincide with the long-term trend shown by the FxMax5 TF filter.
Terms of opening deals.
If you are a beginner, then you must wait for the arrows, if you already have trading experience, then the arrows can not wait, but open the first candle from the Supertrend and DailyOpenLine levels if the following conditions are met:
Opening a sell deal (Sell):
There is a down arrow (for beginners); The first bearish candle appears from the level (for non-beginners); 2.This should be the maximum price for the last week for the H4 timeframe, or for the last 2 days for the H1 timeframe; The candle with the arrow closed below the Supertrend or DailyOpenLine; Stochastic makes deep deflection through level 80 and goes down; Filter FxMax5 TF red.
Opening of a buy transaction (Buy):
The up arrow appears (for beginners); The first bullish candle appears from the level (for non-beginners); 2.This should be the minimum price for the last week for the H4 timeframe, or for the last 2 days for the H1 timeframe; The candle with the arrow closed above the Supertrend or DailyOpenLine; Stochastic makes a deep deflection through level 20 and goes up; Green color filter FxMax5 TF.
Rules for closing deals:
If you trade on the H1 timeframe:
(The data in pips is for highly volatile pairs, such as GBPUSD. If you trade less volatile pairs, the pip values ​​for each currency pair can be found below.)
After opening a trade, immediately put a fixed take profit of 50 points and stop loss per level – 10 points farther from the candlestick model from which you opened the deal. Stop-loss should not be more than 40 points. If the distance to the estimated stop loss is more than 40 points, then we do not open the deal.
1.Close or take profit 50 points;
Or by stop loss; Either when a reverse signal appears; Either auto-close semi-automatic advisor that comes in the kit.
If you are trading on the H4 timeframe:
(The data in pips is for highly volatile pairs, such as GBPUSD. If you trade less volatile pairs, the pip values ​​for each currency pair can be found below.)
After opening a trade, immediately put a fixed take profit of 100 points and a stop loss per level – 10 points further from the candlestick model from which the deal was opened. Stop-loss should not be more than 80 points. If the distance to the estimated stop loss is more than 80 points, then we do not open the deal.