FGM Profitable Forex Strategy Download

The FGM Profitable Forex method is a crossover trading method that relies mostly on one trend filtering indicator and three moving averages.

This strategy fits all kinds of timeframes and mt4 currency pairs.

How does it work? 

Trading Rules Explanation

Buy Entry

When each of the following circumstances is true, the buy long entry point occurs:

• Compared to the FGM 21 moving average (aqua), the FGM 8 moving average (blue) is higher;
• Price remains above the yellow FGM 50 moving average;
• The indication for ProfitableStrategy1 changes to green;
• The stop loss might be placed a few pip below FGM 50.

Sell Entry

• Compared to the FGM 21 moving average (aqua), the FGM 8 moving average (blue) is lower;
• Price continues to trade under the FGM 50 moving average (yellow);
• The indication for ProfitableStrategy1 goes red;
• The stop loss might be placed a few pip’s above FGM 50.

Exit Trade / Take Profit

Exit trade when the FGM 8 cross below FGM 21 when long trade, and when FGM 8 crosses above FGM 21 when short trade.

You can see the FGM Profitable Strategy in action in the image up there.

As usual, use wise money management to get the best outcomes. You need to master discipline, emotions, and psychology to be a successful trader. Knowing when to trade and when not to is essential. Trading should be avoided at times and under unfavorable market conditions, such as low volume or volatility, outside of the main sessions, with exotic currency pairs, wider spreads, etc.

Files Included

Indicators:

• FGM.ex4
• GG-TrendBar.ex4
• ProfitableStrategy_1.ex4
• ProfitableStrategy_16.ex4

Templates:

• FGM profitable strategy.tpl

Installer’s Manual

Indicator files should be copied and pasted into the MetaTrader 4 trading platform’s MQL4 folder.

The top menu options, which are as follows, can be used to reach this folder:

(Paste here) File > Open Data Folder > MQL4 > Indicators.

Copy and paste the template file into the Templates folder in a similar manner.

Next, right-click the chart and then select Templates from the menu. After displaying a list of accessible systems, left-click the name of the template you want to use.