Three indicators make up the dynamic trend channel trading method known as the Get Profit Forex Trading Indicator System. It was created so that its users would make big earnings.
The Super Signal, which displays buy/sell arrows, is the first component. The Ozymandias Channel, the second, depicts a three-band channel that functions as dynamic support/resistance levels. The FXScalper 25, utilized as a momentum filter, is the final indicator.
![](https://forexpen.com/wp-content/uploads/2023/07/GET-PROFIT-FOREX-TRADING-INDICATOR-1.jpg)
This system’s forex indicators are straightforward and effective. Because of this, both novice and seasoned traders can use it for live trading.
There are numerous timeframes and currency pairs that this indicator method works with.
How does it work?
Buy Entry
- Subsequent to the price candle, Super Signal shows an upward arrow.
- Ozymandias Channel changes color to green.
- The 25 FXScalper bars become green as the values increase.
- Place a stop loss below the position of the current Ozymandias Channel.
Sell Entry
- Over the price candle, Super Signal displays a descending arrow.
- The hue of Ozymandias Channel changes to red.
- Red FXScalper 25 bars indicate declining values.
- Place a stop loss above the position of the current Ozymandias Channel.
Exit Trade / Take Profit
When the Super Signal shows an opposite arrow, close the trade using your preferred method.
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.
How should the Get Profit Trading System be configured in MT4?
Files Included
Indicators:
- Ozymandias.mq4
- PremiumFXScalper_build600.ex4
- super-signals-channel.mq4
- SweetSpotsGOLD_TRO_MODIFIED_VERSION.ex4
Templates:
- Get Profit Trading System.tpl
Installation
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.
Bottom Line
The Get Profit Trading System is a valuable addition to your arsenal of forex trading tools, but keep in mind to set reasonable goals. Like all other technical analysis tools, though, it is not always able to produce precise signals. As a result, it will occasionally send out erroneous signals. Additionally, depending on the state of the market, its performance will vary considerably.