Welcome Forex EA downloads & MT4/MT5 auto-trading resources — EAs, Gold EAs, quant tools and real-world automation.
Sign In Sign Up

Mega Pips FREE Trading System Download Mega Pips FREE Trading System Download

author EAcpu | 2 reads | 0 comments |

The Super Point System is a NON-Repaint free trading system. This is a successful trend following system with a 60% profit rate. It is designed to easily earn 300 pips per week using just three currency pairs, making it an attractive strategy for both beginners and experienced traders.

The main indicators are the Bollinger Bands Stop Loss, which filters out false signals by showing the direction of the trend with colored lines, and the trend indicator, which confirms the strength of the trend.

The Bollinger Bands Stop Loss indicator is a trend indicator that filters out false signals by showing the direction of the trend with colored lines. It is based on Bollinger Bands, which are bands of volatility that measure the standard deviation of price movements around a moving average. Bollinger Bands stop loss levels are calculated by taking the moving average plus or minus a multiple of the standard deviation. When the price is above the green line, the trend is bullish, and when the price is below the orange line, the trend is bearish.

The Mega Pips system operates on the 5-minute time frame and is based on a combination of indicators that help traders identify and follow trends. The system is simple to use and does not require any complex technical analysis. It is designed to help traders make consistent profits by following trends and taking advantage of market movements.

One of the advantages of the Mega Pips system is that it is easy to learn and apply. The system is based on easy-to-follow rules and can be applied to any trading platform. This means that traders can use the system immediately without any specialized knowledge or skills.

Another advantage of the Mega Pips system is its flexibility. It can be used to trade any currency pair and is suitable for traders who like to trade a variety of currency pairs. Additionally, the system can be customized to suit individual trading styles and preferences.

In summary, the Mega Pips system is a simple yet effective Forex strategy that can help traders achieve consistent profits. It is a trend following system that is easy to learn and apply, making it an attractive option for both beginners and experienced traders. With a profitability rate of 60%, the Mega Pips system is worthy of consideration by traders looking for a reliable and profitable trading strategy.

This Strategy is completely manual. Non-repaint indicators will generate signals, but any decision to enter the market and set a protective or profitable exit stop will be up to the trader. Therefore, traders must become familiar with the principles of risk and reward and use initial support and resistance areas to set up entries and exits.

This free trading system can provide you with trading signals that you can take as is or add additional chart analysis as suggested to filter them further . While the system can be used by traders of all experience levels, it may be helpful to practice trading on an MT4 demo account until you become consistent and confident enough to start using it.

Main chart of this giant point system

Mega Pips FREE Download ForexCracked.com

You can set up the Megapoint indicator to send you signal alerts. This is helpful because it means you don't have to stare at the chart all day long waiting for a signal to appear, and can monitor multiple charts at the same time.

This free trading system can be used on any Forex currency pair and other assets such as stocks, commodities, cryptocurrencies, precious metals, oil, gas, and more . You can also use it within any time frame that works best for you, From 1 minute chart to 1 month chart. Works best with 5M TimeFrame.

Recommended BrokersCompare All
XM Editor's Pick
Best for low deposit beginners
$5 min deposit 1:1000 leverage Micro accounts MT4/MT5
Open Account
Plexytrade Allow USA Traders
Best for high leverage trading
$50 min deposit 1:2000 leverage Small accounts MT4/MT5
Open Account
Proprietary trading firmsCompare All
Moneta Funded Editor's Pick
Instant Funds · One Step Assessment
Instant Funding 1 Step Evaluation MT5 Support USA Traders

Trading rules for this free trading system

Follow money management and do not trade during high-impact news periods. Exit your trades half an hour after high-impact forex news.

As always, to achieve good results, remember proper money management. To become a profitable trader, you must master discipline, emotions, and psychology. Knowing when to trade and when not to trade is crucial. Avoid trading during adverse times and market conditions, such as low volume/volatility conditions, outside of main trading hours, exotic currency pairs, wide spreads, etc.

If the trend changes after the input signal of the Bollinger Bands Stop Loss indicator, you can enter within two bars from the filter or retracement. Retracements can be detected by attaching moving averages or when there are candles with the opposite color to the trend. For example, if the trend is up (black candle), enter when a red candle forms.

Buy

  • Bollinger Bands Stop Loss White Buy Point (Start of Blue Line).
  • Trend direction indicator black bar.

Sell

  • Bollinger Bands Stop Loss Yellow Sell Point (Start of Red Line).
  • Trend direction indicator red bar.

Trade Exist

Any position using this system can be liquidated using a fixed profit target. Alternatively, previous support/resistance or highs/lows should be used as reference points to set profit targets . You may also manually exit the trade if the Non-Repaint Indicator system conditions reverse .

  • Profit target is at the level above/below the target.

It is recommended to use stop loss . Set your stop loss below the entry price using previous support/resistance as reference points or previous high/low swings. The use of fixed stop loss settings without any reference point is not recommended.

  • Learn more about IONosfera v7 indicators – free download

ForexCracked.comMega-Pips-System.zip

download
Verification code Refresh