ProFx 4.0 Forex Trading Strategy
壮士来一发
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77742 人阅读
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2016-11-07
Indicators :
ProFx Bar Close Time
Provides you with information when the actual bar will be closed. Font size and text color can be changed in the settings.
ProFx Moving Average
It’s a customized version of the well known Moving Average indicator. The MA is used to determine the short term momentum and best time to exit trades. Parameters which can be adjusted are Period, Shift, Method (Calculation Method), Applied Price (which price is used for calculation) and Bars Count.
ProFx Heiken Ashi
Instead of regular candle sticks we use Heiken Ashi candles in ProFx because it helps to reduce the ’noise’ on the chart. ‘Bar Count’ can be changed in the settings.
ProFx Strength Oscillator
A proprietary indicator which shows how strong or weak the current up/down price move is. The following parameters can be changed: Period (1-3), Applied price (which price is used for calculation) and Bars Count.
ProFx Multi Analyzes
A proprietary indicator which combines GHL, Woodie CCI, TVI and T3 Slope in one indicator. The indicator is mainly used as confirmation indicator. The indicator is used for signal generation but is not part of the standard template.
ProFx Probability Cloud
A proprietary indicator which provides visual information about market direction. The indicator is used for signal generation and is also part of the ProFx Standard template.
ProFx Better Stochastic
A proprietary indicator which is based on the very popular work of Mr. Lane. The indicator is used to determine possible turning points and to optimize trade entries.
Trading Instruments
ProFx 4.0 is a very flexible trading system and can be used on many different instruments. This includes not only currency pairs but also Indices, Commodities, Virtual Currencies (Bit Coins, Lite Coins, etc.), Stocks and, of course, all sort of derivate instruments such as CFD’S and options. However, if you are new to trading or just started to use ProFx 4.0, it is highly recommended that you use GBPUSD or EURUSD for the first 30 – 90 days. It’s because these are major currency pairs which tend to trend very well. Besides, they offer very high liquidity and the low execution costs.
Money Management Rules
We recommend starting with a risk of 1% per trade. The advantage of using very low risk per trade is that even when to make a few wrong trading decisions, your draw down will be very low. As soon you are 100% familiar with the trading rules you can use a higher risk for trading to boost your profits.
Entry Rules
1) ProFx 4.0 signal arrow needs to be shown on the chart.
2) The signal needs to be confirmed by the ProFx 4.0 probability cloud.
3) The signal bar opened below/above the custom moving average.
4) Momentum increases.
5) Direction should be confirmed by higher timeframe chart. (H4 or D1)
6) Signals during the EU/US session are preferred.
7) Signals which occur during a tight price range should be ignored.
Exit Rules
1) Trades should be kept open as long all indicators confirm that the price will keep rising/falling.
2) When the signal lines of the Strength indicators are crossing (gray), and the heiken ashi candles change from blue to white or vice versa, the trade should be closed.
3) When the price turns quickly because of high impact news, indicators should be ignored, and the trade should be closed immediately.
Timeframe Rules
ProFx 4.0 can be used on any time frames and with many different instruments. However, our experience is that the M30 TF in combination with the H4 TF (trend confirmation) is the best choice.
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ProFx 4.0 Forex Trading Strategy |
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RE: ProFx 4.0 Forex Trading Strategy [修改] |
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