forex dj market pro strategy
TRANSCRIPT
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About The System
Forex DJ Market PRO is a manual trading strategy that you can use to
generate profits from forex market every day.
You don’t have to be an experienced trader to be able to use it. In fact, even
if you have no trading experience at all you would still make a lot of money
from it just like pro traders.
There are many people that sign up to trade Forex that don’t understand or
take the time to learn how and why to trade Forex. There are many risks
involved in trading any kind of asset, whether it is stocks, bonds or
currencies. If you are interested in trading, make sure you understand Forex
risks.
One of the biggest Forex risks is a leveraged buy. Some Forex brokerages
allow you to hold a certain amount of money in your account but leverage
that amount to up to 100 times its worth. While this can be good if you are
on the winning side of a trade, this can be devastating if you lose your entire
accounts worth plus many times more. So please, before you start trading,
make sure that you understand and apply money management rules. No
matter how powerful the trading system is, without money management, it
will become a time bomb! We recommend not to risk more than 2% of your
initial capital per trade.
Back to system! It contains of one custom made indicator.
Each time direction change you will receive pop up alert.
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Indicator installation
MT4 1170+ built installation guide
Open MT4 platform. Click: File/Open Data Folder. Inside click:
MQL4/Indicators – and paste indicators.
Paste templates to Templates folder.
After finished restart you MT4 platform for changes to apply.
Or Try to follow this video guide:
https://www.youtube.com/watch?v=bATN4WRkfwk
Make sure to load template!
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ABOUT DJ MARKET PRO
DJ MARKET PRO is a trading system that can analyze market movements
technically with accuracy. This indicator is simple and easy to use and
understand, if used property, it can increase your trading success rate and
maximum profit.
DJ MARKET PRO will provide automatic signals and alerts to the user
complete with Stop Loss and Take Profit so that users only forward the
recommended signal and alerts to manually open positions. You can use this
indicator forever without rental fees. A market pro DJ can provide new
perspectives and of course be a profitable tool.
Thus slowly but surely you will also be able to have a consistent income from
forex and it is not even possible that one day you will be able to have
extraordinary income from forex. Send regards for success!
DJ MARKET COMPONENTS PRO
DJ MARKET PRO uses four indicators specially created for the Metatrader 4
trading platform.
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1. DJPVT
Pivot Point Explanation
The Pivot Points indicator is a simple pivot indicator that will provide basic
information such as Daily Pivot Points, Support 1, Support 2, Support 3,
Resistance 1, Resistance 2, and Resistance 3.
Pivot Point Image /DJ Market/
The advantage of pivot points compared to other Support & Resistance
methods is that every trader around the world uses the same formula to
calculate pivots so that pivot is the level of market psychology most often
used by traders to make decisions.
The basic principles of Pivot are:
Usually, if the price is opened above the pivot then psychologically the
price will go up (although not always) and vice versa.
Prices tend to try to break pivot, support & resistance levels.
If the momentum is strong then the price will break the pivot towards
support or resistance but if the momentum is weak then the price will
reverse direction.
If the price does not touch the pivot, it usually tends to move away
from the pivot.
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Range Daily explained
Daily Range Is the High and Low Movement Range to determine the
maximum exit trade level, including Take Profit and Stop trades in one day,
this level will change every day. In addition, this indicator is also useful so
that we don't over trade.
Pivot of Range Daily /DJ Market/
2. DJ X6
The DJ X6 indicator in the form of a point / arrow can be used to find out
which trend will take place. This indicator does not repaint. DJ X6 issues an
alert when there is a change in trend / new signal.
DJ X6 /DJ Market/
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3. DJ CSM
DJ CSM /DJ Market/
DJ CSM provides visual information on the current trend based on the
analysis of more than 5 indicators that are displayed visually on the chart
you can adjust the settings of all indicators in the input parameters. DJ CSM
displays the following information in the lower right corner of the chart:
Forex Currency Strength Meter - is a type of Forex indicator that
functions to measure the index of the strength of one currency against
another. With this indicator you don't need to open multiple charts at
once to do trend analysis (correlation between currencies)
Moving Average Trends - is an Indicator that displays the average
value of price data in the time periods M1, M5, M30, H1, H4, D1 and
WI.
MACD - is one technical indicator that can help you to identify
changes in direction.
MA-X - indicator based on crossover 5 SMA period (period can be
changed).
Buyer & Seller Volume - displays the average volume of buyers and
sellers, helps you see the strength of buyers and sellers.
Spread - this indicator can be relied on in knowing the spread
changes. For those of you who need information about spreads,
changing spreads, or periodic changes, this indicator is for you.
Knowing the spread is an important factor before you open a position.
Because when the spread is wide or suddenly the time to open the
position immediately floats 15 points or 30 points of course
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4. DJ ROCK
DJ ROCK appears on the Sub-window Providing Trend Information in the
Form of a Histogram
DJ ROCK /DJ Market/
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DJ MARKET ENTRY GUIDE PRO
1. SIMPLE ENTRY
This entry only uses signals from DJ X6 or arrows. The advantage of simple
entry can easily get a reversal signal if the trend is trending or does not
have a sideway
ENTRY BUY when an arrow appears UP
ENTRY SELL when an arrow appears DOWN
ENTRY GUIDE /DJ Market/
ENTRY GUIDE /DJ Market/
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2. SAFE ENTRY
This method is safer for ENTRY, but requires confirmation from some
indicators
ENTRY SELL
1. Arrows appear DOWN
2. DJ ROCK color histogram RED
3. The seller is bigger than the buyer
4. Moving average trend M30, H1, H4 color RED
ENTRY SELL /DJ Market/
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ENTRY BUY
1. Arrows appear UP
2. DJ ROCK color histogram BLUE
3. The buyer is bigger than the seller
4. Moving average trend M30, H1, H4 color BLUE
ENTRY BUY /DJ Market/
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