How to use 40 Pips Per Trade Forex Trading Strategy in Forex Trading platform metatrader 4
- Time Frame: 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: Recent Low of the entry Candle.
- Take Profit: Open.
- Sell (Short) Entry: Price is below MA 50, Forex trend V1 RED line crossed BLUE line and GSOH2 YELLOW line crossed RED line.
- Stop loss: Recent High of the entry Candle.
- Take profit: 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 “File menu” in Mt4 trading platform and click “open data folder”.
- 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.