FX Dynamite | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Hello everyone,
Greetings from Varun
No matter what people say, the fact is that most people lose money in Forex trading, it is true. The risk is high, the chance of bankruptcy is greater, you may lose your pants and not find them elsewhere, but at the same time it is more profitable, has minimal risk and can satisfy your wishes instantly if done in the right way.
Before I continue, let me introduce myself. My name is Valen and I live in Canada but spend most of my time traveling around the world. I trade Forex to support myself and my dreams. In short, I have been through all the stages in the Forex world as a trader (most of them) and now I am making some profits in Forex trading in a consistent manner.
Reasons to put this system on Forex Faactory:
This strategy isn't the "holy grail," but it does lead to some serious profits. In 2012 I started "gambling" (taking trades and then analyzing them) and would come to this forum often just to see if any high-influence members had posted something positive about the currency pairs on which I was losing money. By now I've found that there are still a lot of traders doing the same thing, so I thought I'd share it with you all, here it is.
Don't prove me wrong
Before you proceed to download your system, I would like to share a few words with you. If a person tries to try his best to help society, community or even the world at least he should not be criticized, he is not asking for anything but making you better by spending his time, effort and the knowledge he has gained. This is not for most people reading this, but especially some who are ready to indulge themselves and prove this person wrong and guilty for no reason, which makes no sense. Hope you can understand and don't do this.
What else can make you a better trader.
Believe me or not but if you live a casual life you will get results accordingly, positive thinking is one of the most important aspects of anything, I am sharing some of the things that I do (listed below) and suggest you to do the same and it will be an extra addition to your results.
*Live a healthy life
*Watch some motivational videos every morning to keep you going.
* Don't watch your trades every hour, it will just give you a heart attack without any other effects.
* Whenever you enter a trade, make sure the candles are closed, it is better to be left with a few pips than to lose.
* There are no buy or sell signals given by this strategy or any other strategy at all and you should enter trades accordingly.
*Do some research before going in, and once you've done it, you won't feel intimidated when you're not at your desk.
* Check in with your emotions before the week begins.
These are a few things you should pay attention to that will make you a better trader.
Money management:
In business management, management is everywhere, everything - management = zero. Even if you have more losing trades than profits, having strategic money management can bring you some money, I highly recommend using a money management strategy, don't invest any number of lots even if you are very confident, if you want to do this, open the demo or have enough money to play first.
I divide MM into 4 stages, which are carried out once a month.
Week 1 - 0.01 lot per $200
Week 2 - 0.01 lot per 100 USD
Week 3 - 0.02 lots per 100 USD
Week 4 - 0.03 lots per $100
Rinse, repeat
Indicators used in this system
How to install - click here
Moving Averages – 34 SMA, 55 SMA and 200 EMA.
Stoch - 10,3,3
Zigzag - 12,5,3
The simpler the better
The thinking behind this strategy.
Forex is not a rocket science, everything follows certain principles, and the same is true for Forex. The system is simple, you just look at whether the market is creating HH, HL or LL, LH. Newbies click here .
To determine (HH,HL's) and (LL,LH's) we use Stoch and Zigzag, Stoch when it crosses below 30 it creates LL or HL and when it crosses above 70 it creates HH or LH, the next step is to find the entry point where we use the moving averages, once we get the setup we will switch to the lower entry time frame, once the MA'S is broken you can enter the trade at the following points above the candle close.
Now I use some extra inidi to filter out some bad trades which I will explain as we proceed, you need to practice and master the basics first, too much at once won't do.
Entry rules:
Once you have a visual representation of the market, giving you higher highs, higher lows or vice versa, looking at the stoch to determine the turning point, we switch to the lower TF and have the candle cross all the MA's, once that is done we enter a few pips above or below. ah! It's that simple
Exit (stop loss and trailing stop loss, take profit)
The recent swing high on the 1 hour chart is your initial stop, once the price starts moving in your favor start trailing your stop, always remember that little drops can add up to a mighty ocean. Keep initial price target at weekly levels. (I have nothing to do with this but I highly recommend using a paid indi called Pivot Prof which is recommended by maxdoom without description everyone knows what he is #respect). I haven't used any others since. His words are mine now as well "it will pay for itself", on top of that you can use the heiken provided to make it your TP, stay in the trade until it changes color and re-enters again.
Benefits of using this system
*It will keep you away from bad deals
*It will give you an accurate SL, you don't need to search,
*Profits are very high, after my analysis I used this system as a base to earn 1000 points per month, my live TE is always present in my profile, even though it is not my actual real account, it is a real account.
*You don't need to sit at your desk for hours to enjoy life.
______________________________________________________________________________________________________________
You cannot blindly copy my signals or anyone else's signals, you have to study and analyze them yourself. Over time, you will become a master. Please post your diagrams to help others understand the system better and over time I will teach you how to earn more and more points using your initial strategy.
Final words:
A few years ago we never knew that one day Forex would exist and we could make money from it, who knows what will happen tomorrow and better things, so always stay positive about the community, share what you think will be beneficial to others, any kind of charts are welcome, just don't let it get so confusing, stay calm, be kind and help others and stay healthy. Success will be yours.
V
Note* - The examples below are from this week (February 29-4, 2016) and are just estimates of the points you might earn without reaching SL, and the previous post has become a mess and confusing place, so I've created a new thread and I'll ask the moderators to delete it and ask everyone to post here, I apologize to everyone that I can't reply due to my busy schedule, and I will make sure to reply to everyone now.
- Shout out to Draganjak for doing such a great job. Sharing his Rar file "Vman Examples" (nice name you gave me). After 835, as long as you walk there, you don’t need to walk in line.
Goodbye
Greetings from Varun
No matter what people say, the fact is that most people lose money in Forex trading, it is true. The risk is high, the chance of bankruptcy is greater, you may lose your pants and not find them elsewhere, but at the same time it is more profitable, has minimal risk and can satisfy your wishes instantly if done in the right way.
Before I continue, let me introduce myself. My name is Valen and I live in Canada but spend most of my time traveling around the world. I trade Forex to support myself and my dreams. In short, I have been through all the stages in the Forex world as a trader (most of them) and now I am making some profits in Forex trading in a consistent manner.
Reasons to put this system on Forex Faactory:
This strategy isn't the "holy grail," but it does lead to some serious profits. In 2012 I started "gambling" (taking trades and then analyzing them) and would come to this forum often just to see if any high-influence members had posted something positive about the currency pairs on which I was losing money. By now I've found that there are still a lot of traders doing the same thing, so I thought I'd share it with you all, here it is.
Don't prove me wrong
Before you proceed to download your system, I would like to share a few words with you. If a person tries to try his best to help society, community or even the world at least he should not be criticized, he is not asking for anything but making you better by spending his time, effort and the knowledge he has gained. This is not for most people reading this, but especially some who are ready to indulge themselves and prove this person wrong and guilty for no reason, which makes no sense. Hope you can understand and don't do this.
What else can make you a better trader.
Believe me or not but if you live a casual life you will get results accordingly, positive thinking is one of the most important aspects of anything, I am sharing some of the things that I do (listed below) and suggest you to do the same and it will be an extra addition to your results.
*Live a healthy life
*Watch some motivational videos every morning to keep you going.
* Don't watch your trades every hour, it will just give you a heart attack without any other effects.
* Whenever you enter a trade, make sure the candles are closed, it is better to be left with a few pips than to lose.
* There are no buy or sell signals given by this strategy or any other strategy at all and you should enter trades accordingly.
*Do some research before going in, and once you've done it, you won't feel intimidated when you're not at your desk.
* Check in with your emotions before the week begins.
These are a few things you should pay attention to that will make you a better trader.
Money management:
In business management, management is everywhere, everything - management = zero. Even if you have more losing trades than profits, having strategic money management can bring you some money, I highly recommend using a money management strategy, don't invest any number of lots even if you are very confident, if you want to do this, open the demo or have enough money to play first.
I divide MM into 4 stages, which are carried out once a month.
Week 1 - 0.01 lot per $200
Week 2 - 0.01 lot per 100 USD
Week 3 - 0.02 lots per 100 USD
Week 4 - 0.03 lots per $100
Rinse, repeat
Indicators used in this system
How to install - click here
Moving Averages – 34 SMA, 55 SMA and 200 EMA.
Stoch - 10,3,3
Zigzag - 12,5,3
The simpler the better
The thinking behind this strategy.
Forex is not a rocket science, everything follows certain principles, and the same is true for Forex. The system is simple, you just look at whether the market is creating HH, HL or LL, LH. Newbies click here .
To determine (HH,HL's) and (LL,LH's) we use Stoch and Zigzag, Stoch when it crosses below 30 it creates LL or HL and when it crosses above 70 it creates HH or LH, the next step is to find the entry point where we use the moving averages, once we get the setup we will switch to the lower entry time frame, once the MA'S is broken you can enter the trade at the following points above the candle close.
Now I use some extra inidi to filter out some bad trades which I will explain as we proceed, you need to practice and master the basics first, too much at once won't do.
Entry rules:
Once you have a visual representation of the market, giving you higher highs, higher lows or vice versa, looking at the stoch to determine the turning point, we switch to the lower TF and have the candle cross all the MA's, once that is done we enter a few pips above or below. ah! It's that simple
Exit (stop loss and trailing stop loss, take profit)
The recent swing high on the 1 hour chart is your initial stop, once the price starts moving in your favor start trailing your stop, always remember that little drops can add up to a mighty ocean. Keep initial price target at weekly levels. (I have nothing to do with this but I highly recommend using a paid indi called Pivot Prof which is recommended by maxdoom without description everyone knows what he is #respect). I haven't used any others since. His words are mine now as well "it will pay for itself", on top of that you can use the heiken provided to make it your TP, stay in the trade until it changes color and re-enters again.
Benefits of using this system
*It will keep you away from bad deals
*It will give you an accurate SL, you don't need to search,
*Profits are very high, after my analysis I used this system as a base to earn 1000 points per month, my live TE is always present in my profile, even though it is not my actual real account, it is a real account.
*You don't need to sit at your desk for hours to enjoy life.
______________________________________________________________________________________________________________
You cannot blindly copy my signals or anyone else's signals, you have to study and analyze them yourself. Over time, you will become a master. Please post your diagrams to help others understand the system better and over time I will teach you how to earn more and more points using your initial strategy.
Final words:
A few years ago we never knew that one day Forex would exist and we could make money from it, who knows what will happen tomorrow and better things, so always stay positive about the community, share what you think will be beneficial to others, any kind of charts are welcome, just don't let it get so confusing, stay calm, be kind and help others and stay healthy. Success will be yours.
V
Note* - The examples below are from this week (February 29-4, 2016) and are just estimates of the points you might earn without reaching SL, and the previous post has become a mess and confusing place, so I've created a new thread and I'll ask the moderators to delete it and ask everyone to post here, I apologize to everyone that I can't reply due to my busy schedule, and I will make sure to reply to everyone now.
- Shout out to Draganjak for doing such a great job. Sharing his Rar file "Vman Examples" (nice name you gave me). After 835, as long as you walk there, you don’t need to walk in line.
Goodbye
Attachment to original post (2)
📦 Summary of post attachments (9)
Below are all the files (9) shared in the reply.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •