Dip pipmaster professional forex trading system

I am going to give you this professional system, with 10 of the best indicators in mt4.

It made over 600 pips this week. profitable professional system

It has made over 5,000 pips this year.

There are 10,000 free amateur systems on internet.99% lose using them.This is not day trading system (99 % lose day trading), this is not scalping system, this is not intraday price action trading but this is long term professional trading on 4 hour and daily/weekly time frames.

First you have to learn this system on demo for 6 months.I don't ever want anyone to lose money.

Here is a profitable professional system using free indicators .I would like to give something back to the people , who made these free indicators, and the people who help a lot.This is some professional knowledge input into this system

Enter/ OPEN TRADE when all indicators, moving averages and candles are aligned.Indicators are attached.
MTFRSI +50 buy , -50 sell
Stepmastoch V1 crossed higher for buy , lower for sell
MAs-coloured :+ 10 for buy -10 for sell// use bolder bars
stepma_sahken_v4 crossed higher for buy , lower for sell
breakout of gigibox in trends
breakout of daily greybox
multisymbol stochastics : all pairs must be aligned
Stochastics must be aligned
trendlines channels indicators //draw manual trend lines
Pipmaster indicator for moving averages

candles settings
One hourly candle closed higher from open for buy, closed lower for sell.
Hourly time frame H1 or higher

Trendline or channel must be in place.//draw manual trend lines

Charts time frames:Minimum 4 hour + daily and weekly , sometimes monthly.

It does not trade everyday .It is not for day trading, but traders can day trade in direction of system.

Pairs: GBPUSD,EURUSD,EURGBP,EURJPY,GBPJPY and very rarely usdjpy.


Currency correlations are very important
Currency traders should be looking at triple correlations like I do. I will look at eurusd, eurjpy and eurgbp to trade euro, AND gbpjpy,gbpusd and eurgbp to trade gbp and eurjpy,usdjpy and gbpjpy to trade jpy. This will significantly improve performance, compared to single pair analysis.

To trade gbpusd or eurusd , both must be showing a signal at same time.This will be 25 % more profitable.

https://www.forexfactory.com/showthread.php?t=804723

divergence s very important

Now that you have the trend information on the currency, we are looking for divergence for short trades only , on the 4 hour, daily and weekly charts.The main pairs to trade are gbpusd and eur/usd. Ignore the short term lower time frame divergences and entries .The idea of smooth and longer time frames, is to keep traders out of choppy markets, to follow the main trend.

https://www.forexfactory.com/showthread.php?p=11353938#post11353938




Stop loss below today's low//entry day low for longs or above saily high for shorts
Target profit:3 times stop loss risk /difference between entry and stop.
Trailing stop 100
close every friday at 19:00 or daily/weekly candles trend line break

If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal

exit signal

close long when 1 hour candle low close below lwma 20 on 1 hour time frame
close short 1 hour candle low close above lwma 20 on 1 hour time frame


All the buy signals are not valid, only sell signals are valid , due to higher interest rates expectations.

The following information was available on november 20, 2017
Professionals trade forex when there are expected rises or falls in interest rates, as a result of expected rises in interest rates, Eur/usd and gbp/usd have fallen in 2018.They set a target of 1.10 for eur usd, I don't know if this will make the target.

Goldman Sachs Predicts That the Fed Will Hike Interest Rates Four Times in 2018

Goldman Sachs said it expects a tight U.S. labor market and more normal inflation picture will lead the Federal Reserve to hike interest rates four times next year.

If you had listened to the big boys like Goldman Sachs and interest rates expectations, search for it google, for U S is expected to raise interest rates 4 times this year, and gone short on the weekly time frames on Eurusd and GBP/USD , you would have made over 2,000 pips on both of them. This expected raise in interest rates caused the dollar to get stronger, "interest rates expectations and how they drive dollar on weekly and monthly basis".This is not something new to fx trading, it has been going on since the 1970s, as far as I know. Interest rates expectations and economies change over months and years.This is how big currency traders trade.It worked 50 years ago and it worked in 2018.This is why dollar got stronger.The market does the same thing , over and over again.

Free EA coming soon

https://www.forexfactory.com/showthread.php?t=804214

https://www.forexfactory.com/showthread.php?p=11354275#post11354275

Please read other threads by me to see proof and learn more

https://www.forexfactory.com/showthread.php?t=802856

Buy low with options sell high , trading is very simple.If you keep it very simple with channels, trend lines and support and resistance, this is all that is required by traders to be profitable.One more skill is the patience to wait for the bottoms.

Keep your technical systems simple. Complicated systems breed confusion; simplicity breeds elegance.Look at this chart buy low sell high makes money.Our brains are not designed to process complex analysis.

professional stochastics price action indicator , learn about stochastics and correlations.

https://www.forexfactory.com/showthread.php?t=804723

600 pips profit fully automated EA this week. This is one EA , I have 75 EAS, using the indicators in this thread.

https://www.forexfactory.com/showthread.php?p=11356796#post11356796

other rules for ea coding

https://www.forexfactory.com/showthread.php?p=11354275#post11354275

If price below lwma 1,000 on h4 & 1 hour candle high close below lwma 20 on 1 hour time frame , sell signal
if(Bid<iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))

If price above lwma 1,000 on h4 & 1 hour candle low close above lwma 20 on 1 hour time frame , buy signal
if(Bid>iMA(NULL,PERIOD_H4,1000,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))



close long when 1 hour candle low close below lwma 20 on 1 hour time frame
if(Bid<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iHigh(NULL,PERIOD_H1,1)<iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))

close short 1 hour candle low close above lwma 20 on 1 hour time frame
if(Bid>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))
if(iLow(NULL,PERIOD_H1,1)>iMA(NULL,PERIOD_H1,20,0,MODE_LWMA,PRICE_CLOSE,0))

stop 60
target 300

https://www.youtube.com/watch?v=i6eO9B1hU9E

signal approval form for system

New template and strength meter added .

 

1. primary entry lot size (0.02)
2. secondary entry lot size (0.01)
3. maximum positions -- primary entry plus secondary entries should not exceed this number of positions
4. primary entry reward (2.0) -- tells take profit to be 2.0 X stop loss
5. secondary entry reward (1.0) -- tells take profit to be 1.0 X stop loss
6. minimum stop loss (60 pips)
7. use news (default true)
8. Time management to close on Friday and at what time
9. extern int StopLoss=100;
   extern int TakeProfit=300;
   extern int BreakEven=50;
   input bool UseMartingale=false;
   input bool MaxLot=1;
   input int MaximumOrdersPer24=1;
   input int MagicNumber=13355;
   input string StartTime1="07:00";
   input string EndTime8="21:11";
   input string CloseTime="00:00";
   extern int StartTrail=100;
   extern int TrailingStop=50;
   extern int TrailingStep=10;
   extern int PipsTonEntryLong=0;
   extern int PipsTonEntryShort=-0;
   input string MondayStartTime="10:00";
   input bool UseCloseFriday=true;
   input string FridayCloseTime="19:00";

dax version of pipmaster to trade dax, only difference to template in post 1 is the new indicator for dax

Use above forex system for dax from post 1.

High probability indices system.Last week I made 500 points on DOW/DAX/CAC/FTSE.

https://www.forexfactory.com/showthread.php?p=11341701#post11341701

This indices system can be used for Dow, S&P ,ftse uk100, fra40.

I very rarely trade forex , I mainly trade indices.

I added indices strength meter and changed template.


Overnight range 10:00 pm to 08:00 am GMT for DAX


DAX opens at 07:15 and FTSE opens at 08:00 GMT. Do no not trade for first 30 minutes until FTSE opens and market settles.
S&P opens at 14:30 GMT. Do no not trade for the first 30 minutes, until markets settle.
Do not put on trades, you have no interest in managing with less than half an hour to go until the end of session.
Monday mornings: After 10 am U K time (Indices can be traded from 10:00 am to 13:00), but for indices and oil after 15:00 hours when U S session opens. No trading on indices from 13:00 to 15:00.


Trading DAX and FTSE - Compulsory filter
They have to trend/move in the same direction in order to place an order. Look also at DOW and S&P; they have to move as well in the same direction. This does not mean set ups have to be valid on the other instruments; it means they just have to move in same direction. (S&P/Dow is more important than FTSE)
If FTSE and DAX are not moving together, then either FTSE or DAX orders are valid, only if S&P and DOW are moving together.

DAX opens at 07:15 and FTSE opens at 08:00 GMT. Do no not trade for first 30 minutes until FTSE opens and markets settle.
S&P opens at 14:30 GMT, so do not place new orders between approximately 12:30 and 15:00, until direction is clear.
If there is no news, do not open new trades on indices 1 hour before USA opens.
Trending definition: prices must be above lwma 18 for longs or below mas for shorts on 30 MIN (with slope, channel and trend line).
Rules 3.1, 3.15 and 4.1 will invalidate the compulsory filter (rule 3.12). It applies if DAX, FTSE, S&P and DOW are trending in the same direction.
Do not open new DAX position after 110 pips made in one day.
Do not open new FTSE position after 75 pips made in one day.
Always use s and p supports , resistances , trend lines and channels to trade ftse /dax /djia
The system set ups must valid on the instrument as high probability example :on ftse it has to be valid on ftse (not s and p , dax , dow , nasdaq.One more indicator for indices, they must all be aligned, trade mainly longs, shorts get chopped often.


Dax is very choppy, wild and unpredictable.Wide stops ,higher time frames and indices correlations are important.I made special indicator for dax , change the indices name only..It must be aligned with U S indices and UK100 in same direction

The indicator will look at all indices before entry, if they are all aligned upwards buy.Sells have only <35 % chance of profit.Longs have . 35 % + chance of success.If you apply high probability indicator and correlations .You will find greater than 50 % success rate with this indicator and system, if you are wired to follow systems, and not to lose psychologically and emotionally.

enclosed word document , read indices relevant rules /information

My custom indicator gives a reading on the overall strength, based on divergences , it reads all the indicators

All indices will tell me if indices is strong or weak.

GBP USD and the eurusd is the only profitable pairs to trade, as a alternative to dollar

I'm curious what others will say to this. Experienced traders should know what I mean now.

They know this system is for professionals, other systems with tight stops are for the amateurs. Experience and skill are two different attributes.

Wide stops is skill and knowledge , tight stops is for bucket shop agents to lead the blind.

I'm sorry but proffesionals (mainly institutional traders) use stoploss max 10 pips with TP minimum of 40. Most good traders here will use like 0-1 indicator. That's all you need. Then it is only price action.

Exactly they are cleaning the little guys with tight stops, working in teams for the merchants trading against their clients.This is where the new traders get screwed, their stops are hit, small traders put on revenge trades and lose more.They have planted charlatan educators to teach them tight stops.Retail forex is designed against the little guys, with fake gurus teaching tight stops.Only way for little guy to survive and make profit ,is not to fall into merchant's traps , but to to use wide stops of 60+

Humans are not capable of being successful at real time analysis of candle by candle price action. Most good traders are fake traders and are in the 95 % club .


Professional currency traders do not scalp on forums, they don't use stops, they don't day trade currencies, they only trade long term fundamentals. George Soros was here on factory scalping and day trading , last week , he was then doing revenge trades after the buckets hunted his stops.

Patience is very important in trading , to wait days and weeks for the right opportunity.We wait patiently everyday for hours and days for a great opportunity.Impatience causes psychological issues.

Professionals have to be very patient like lions.Don't need to trade everyday, 20 times a day.

In fact, the more trades you take, the less of a chance you’ll have at becoming consistently profitable. This is especially true when you are just starting out in the Forex market.Bill Lipschutz a great currency trader also agrees that less is more with the following quote.

If most traders would learn to sit on their hands 50 percent of the time, they would make a lot more money.
“How come you’re not trading?” The fact of the matter is, if most traders would learn how to sit on their hands 50 per cent of the time, they would make a lot more money.

‘Let’s say you take one position each day over a period of 250 trading days in a year. You know what it’s going to come down to? It’s going to come down to five trades, three of which are going to be horribly wrong and you are going to lose a fortune, two of which are going to be amazingly right and you are going to make a fortune. And in between, the other 245 times are not going to matter – you’ll make a little and lose a little. They will be all those times when you should probably be sitting on your hands, and you’ll be scrambling to get out even, or you are not paying attention and losing a large amount when there was a low probability of profiting on the trade to begin with. It all really comes down to a few decisions.

https://www.youtube.com/watch?v=rF-fj5AO678

https://www.youtube.com/watch?v=CzkeqNcupCs

https://www.youtube.com/watch?v=FnKdsnDa4kc&t=97s

Not taking the 4 four signals of the day increases profitability by 40 %.

'Humans are not capable of being successful at real time analysis of candle by candle price action.'

That's what is wrong with me. After all of these years...

Professional traders and bank traders use stochastic.It is a price action indicator, therefore trader does not require candle by candle price action reading.

It can be a reliable indicator, that is accurate, if used correctly on hourly time frames to weekly time frames.In one of my trades I made 500 points using stochastics divergence.Settings of 28/6/10 will give less false signals.

If you use correlated stochastic indicator,it is better and more profitable by 25%. This is better than candle by candle analysis.

https://www.forexfactory.com/showthread.php?t=804723

https://www.forexfactory.com/showthread.php?p=11361458#post11361458

and BOLLINGER BANDS...

like this guy (minute 3:16)

https://www.youtube.com/watch?v=fGMuDc7wCqA

ps. yes it turns out he's a damn fraud..but sounds very knowledgable..kind of like forexfactory folks...OH NO HE DIDN'T!!!

ascending triangle

ea for indices

ea is for learning and forward testing

Thanks, forward test with DAX so far no trade

There

automated trades

1. loozers (https://www.forexfactory.com/loozers)
2. Joined Jul 2018 [COLOR=#AFAFAF !important]|[/color] Status: Member [COLOR=#AFAFAF !important]|[/color] 236 Posts (https://www.forexfactory.com/search.php?do=process&provider=Member&searchuser=696711)

automated trades

Which setup did you use(indi and EA)

https://www.forexfactory.com/showthread.php?t=802856

Currency traders should be looking at triple correlations like I do. I will look at eurusd, eurjpy and eurgbp to trade euro, gbpjpy,gbpusd and eurgbp to trade gbp plus
eurjpy,usdjpy and gbpjpy to trade jpy. This will significantly improve performance.

eurusd, eurjpy and eurgbp

eur usd gbp usd and usdjpy ,usd jpy ++++positive