Mega Pips Trading System Download

A NON-Repaint FREE Trading System is the Mega Pips System. With a 60% profitability rate, it is a profitable trend-following strategy. It is an appealing technique for both novice and expert traders because it is made to be simple to earn 300 pips each week on just three currency pairings.

The main indicator is Bollinger Band Stop, which eliminates erroneous signals by displaying the trend strength and direction using colored lines and trend indicators.

By displaying the trend direction with a colored line, the Bollinger Band Stop indicator is a trend indicator that weeds out erroneous signals. It is founded on Bollinger Bands, volatility bands that calculate the standard deviation of price changes around a moving average. A multiple of the standard deviation is added to or subtracted from the moving average to determine the Bollinger Band Stop line. When the price is above the green line and below the orange line, the trend is bullish; otherwise, it is bearish.

The Mega Pips System uses a 5-minute timeframe and is based on a number of trend-spotting and trend-following indicators. There is no need for complex technical analysis to use this technique. It is made to assist traders in consistently making money by identifying trends and profiting from changes in the market.

The Mega Pips System has the benefit of being simple to understand and use. The method is built on simple to understand rules that can be used with any trading platform. This indicates that traders can utilize the system right away without having any particular expertise or abilities.

The flexibility of the Mega Pips System is another benefit. It is useful for traders who wish to trade a variety of currency pairs because it can be used to trade any currency pair. The method can also be altered to accommodate unique trading tastes and styles.

In conclusion, the Mega Pips System is a straightforward and successful forex trading method that enables traders to generate steady earnings. It is a trend-following strategy that is simple to understand and put into practice, making it a desirable choice for both novice and seasoned traders. The Mega Pips System is a viable option for traders looking for a dependable and successful trading technique, with a profitability record of 60%.

This Strategy only uses manual labor. Non-Repainting Indicators generate the signals, but the trader must decide whether to enter the market, establish protective stops, or place profitable exit orders. As a result, the trader must be conversant with the concepts of risk and reward and set entries and exits using initial support and resistance levels.

This FREE Trading System can provide you with trading signals that you can use as-is or further filter using additional chart research, which is advised. All levels of traders can utilize this strategy, but until you are reliable and self-assured enough to trade on a live account, it can be helpful to practice trading on an MT4 demo account.

Main Chart

The Mega Pips Indicator has a signal warning setting that you can use. This is advantageous since it allows you to keep an eye on numerous charts at once rather than having to spend the entire day waiting for signals to come on the charts.

Any Forex currency pair as well as other assets including stocks, commodities, cryptocurrencies, precious metals, oil, gas, etc. can be traded using this FREE trading system. Additionally, you may apply it to any time frame that works best for you, including charts for one minute to one month. greatest results using a 5M TimeFrame.

Trading rules

Stick to your money management plan and avoid trading during a period of breaking news. Half an hour after the big currency news, stop your trades.

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. Avoid trading 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.

If the trend shifts shortly after the Bollinger Band Stop indicator’s input signal, you can enter within two bars of the filter or on the retracement. A candle of the trend’s opposite hue or an additional moving average might be used to identify the retracement. For instance, when a red candle forms, the trend is entered if it is up (black candles).

Buy

• Bollinger Band Stop White BUY dot (start of the blue line).
• Trend direction Indicator Black bars.

Sell

• Bollinger Band Stop Yellow SELL dot (start of the red line).
• Trend direction Indicator Red bars.

Trade Exist

This approach allows for the liquidation of any positions using a predetermined profit target. As an alternative, the profit objective should be established utilizing prior support/resistance levels or high/low levels as a guide. In the event that the Non-Repainting Indicator system conditions change, you can also manually close the deal.

• Profit Target at the Target UP/Down level.

It is advised to employ a stop loss. Set the stop loss below the entry price using prior support and resistance as a guide or on the prior high and low swing. It is not advised to use fixed stop loss values without any reference points.