How to use 40 Pips Per Trade Forex Trading Strategy in Forex Trading platform metatrader 4
Time Frame:Â H4 and above.
Buy (Long) Entry: Price is above MA 50, Forex trend V1 BLUE line crossed RED line and GSOH2 RED line crossed YELLOW line.
Stop Loss:Â Recent Low of the entry Candle.
Take Profit:Â Open.
Sell (Short) Entry:Â Price is below MA 50, Forex trend V1 RED line crossed BLUE line and GSOH2 YELLOW line crossed RED line.
Stop loss:Â Recent High of the entry Candle.
Take profit:Â Open
(downloadable file 40 pips a trade rar contains Forex trend V1.ex4, GSOH2.ex4 and 40 pips a trade.tpl)
How to install 40 pips a trade trading system in forex trading platform metatrader 4
Extract the downloaded 40 pips a trade rar.
Go to âFile menuâ in Mt4 trading platform and click âopen data folderâ.
Open templates folder and paste the 40 pips a trade.tpl file.
Open Mql4 folder and open the indicators folder. Now paste the Forex trend V1.ex4 and GSOH2.ex4 files into indicators folder and restart the MetaTrader 4.