Forex Mega Trend System for Metatrader 4

This system is called the Mega Trend system. It’s made up of 3 custom MT4 indicators and shows you exactly where to enter your trades, place stops and set your profit targets.

Chart Setup

Indicators: 3c_Turbo_JRSX_wAppliedPrice, #FPL-SR, Mega trend
Preferred time frame(s): 5 Min and above
Trading sessions: London & US for M5 and M15 – Any session for M30 and up
Preferred Currency pairs: Any

Download

Download the Forex Mega Trend System for Metatrader 4.

How the system looks

megatrend-systeem1

Trading Rules

Buy Rules:

  • Price trades above the Mega trend indicator (bullish trend)
  • 3c_Turbo_JRSX_wAppliedPrice indicator turns red (above 70 value)

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This is your buy entry signal. Place protective stop-loss 1 pip below the green #FPL-SR support line.
Price objective: Look to take profit at the #FPL-SR red line (resistance).

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Sell Rules:

  • Price trades below the Mega trend indicator (bearish trend)
  • 3c_Turbo_JRSX_wAppliedPrice indicator turns green (below 30 value)

megatrend-systeem3

This is your sell entry signal. Place protective stop-loss 1 pip above the red #FPL-SR resistance line.
Price objective: Look to take profit at the #FPL-SR green line (support).

megatrend-systeem4

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