USER GUIDEFOR

GreatTrader System

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Copyright

© 2008 GreatTrader Team. All right reserved.The trademark mentioned in the manual are legally registered to their respective companies.

Notice

The written content provided with this product is the property of GreatTrader Team.No part of this manual may be reproduced, copied, translated, or transmitted in any form or by any means without GreatTrader prior written permission. Specifications and features are subject to change without prior notice.

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Table of Content

Prakata…………………………………………………………….......4To start the great trader system …………………………….....…..5

Component and functionTrading using the scalper technique (General)..……….........….10

Open Buy Position…………………………………...……..10Open Sell Position…………………………………...……..12

Trading using the day training technique (General).…..........….15Open Buy Position………………………………...………..15Open Sell Position………………………………..………...15

Important tips………………………………………………........….17Tips for Scalper…………………………………............….17Tips for day Trader…………………………...........………18

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GreatTraderTeam.

First of all, my team would like to thank and appreciate because you have bought this system. I really hope that this system will add more benefit for you in your trading activities.

Great trader system is a some kind of system that will make you to understand and know what the movement in a forex trading. Profit can be time continuesly.

This system have been tested and have been proven. You should have no doubt on this system.

Hopefully that you can use this system very well and it will give a lot of profit to you

Thank you and good luck

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To start the GreatTrader System

Please follow the instruction as at below:

1. Lunch your MetaTrader .

2. Make sure that you have install the system as at it shown in the manual installation

3. Click on the template button as it show as at above

4. Choose the Greattrader_V1.5

5. Your screen computer will look like below

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GreatTrader System component

This is the screen shot and component that available on GreatTrader System.

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Main component and function .

Your Account and Registration information.This information comprise with owner of the system, address for the registered system, trading account number,tel number and e-mail owner… All the information must same as it registered especially the trading account number. If the trading account number is not same, the indicator will show the wrong signal. If you want to change the trading account number that you registered to great trader team, please contact support at live forum. It will be chargeable.

Dot Indicator (GreatTrader_NLD)The indicator will be in a blue and red dot formThe function is to show the market trend

blue dot signal will show the increasing market trend (Bull Market) red dot signal will show the decreasing market trend (Bear Market)

Refer to the graft below:

Double Line Indicator (GreatTrader_TLSM)The indicator in a double line form which is in red and blue colour.The function is to show the market trendDouble line with blue in colour will show the increasing market

Duble line with blue in colour will show the increasing market (Bull Market) Double line with red in colour will show the decreasing market (Bear

Market)

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Refer to the graft below:

GreatTraderMACD_Color

The Indicator is a normal indicator like MACD but it was been coloured followed by the market trend. Blue is the increasing market and red is the decreasing market. The indicator also will show the unpredictable market and it slow and weak (sideway)

Refer to the graft below:

Graft as at above shown that the way of market sideway (blue and red are mixing)

Graft as at above show the strong movement of market (suitable to open the position

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GreatTrader_FT

The indicator will be in the bar form which is in blue and red. Blue will show the market is going up and red will show the market is going down. See the example as at below for your reference.

GreatTrader_PW

This indicator comprising with the red, dark red, blue and dark blue. This indicator will measure the strength certain trend. Below is the function of the colour

Blue: Market is going upDark Blue: Market is going up and strong trend market.Red: Market is going downDark Red: Market is going down and strong trend market.

Refer to the graft below.

Simple MA

The normal indicator for show major trend. Refer below :

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Trading using the Scalper technique.True scalping involves opening and closing a position in seconds or minutes at most. Even though scalping involves the use of leverage and higher leverage means higher risk, the short period of time a forex scalper is in a trade decreases the exposure risk that's inherent in trading or investing due to the holding of a position. If done correctly, scalping provides this additional degree of "risk control" that is not even present in day trading.

GreatTrader Scalping Technique

BUY POSITION.

1. Open metatrader and choose 30 minutes (30M) as at like below.

2. Make sure the major trend before open the position by:

Simple MA line below the candlestick.

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3. Make sure all indicators are blue in color.

1. GreatTrader_NLD blue colour2. GreatTrader_TLSM blue colour3. GreatTrader_MACD blue colour4. GreatTrader_FT blue colour5. GreatTrader_PW blue colour or fade blue.

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4. When you have identified the major trend. Click at the time frame 1 min period

3. Make sure 2 indicators at the time frame 1 minutes, are blue GreatTrader_NLD blue colour GreatTrader_TLSM blue colour

4. Then you can open the BUY POSITION. Make sure you open at beginning trend.5. Traget Point (Take Profit) as a Maksimum of 10 pips.6. Stop Loss is 50 pips. (Only Suggestion)

SELL POSITION

1. Make sure the major trend (30M Time Frame) before open the position by:Simple MA higher than candlestick.

2. Make sure all the other indicators are red.

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GreatTrader_NLD red colour GreatTrader_TLSM red colour GreatTrader_MACD red colour GreatTrader_FT red colour GreatTrader_PW red colour or fade red.

2. When you identified the major trend which is going down trend, please go to 1M frame time. (5min) Please make sure all the indicator are in the 1 minute time frame

GreatTrader_NLD red colour GreatTrader_TLSM red colour

3. Then you can open the BUY POSITION.4. Make sure you put the target point (Take Profit) 10 pips maksimum5. Stop Loss as much as 50 pips. (Suggestion)

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SUMMARY:OPEN BUY POSITION WHEN:

At the time frame 30M: Simple MA below Candlesticks GreatTrader_NLD blue colour GreatTrader_TLSM blue colour GreatTrader_MACD blue colour GreatTrader_FT blue colour GreatTrader_PW blue colour and fade blue.

At time frame 1M: GreatTrader_NLD blue colour GreatTrader_TLSM blue colour

Take Profit: 10 PipsStop Loss: 50 pips

(Get the scalper tips at page 18)

OPEN SELL POSITION WHEN:

Pada time frame 30M: Simple MA higher than candlestick. GreatTrader_NLD red colour GreatTrader_TLSM red colour GreatTrader_MACD red colour GreatTrader_FT red colour GreatTrader_PW red colour and fade red.

Pada time frame 1M: GreatTrader_NLD red colour GreatTrader_TLSM red colour

Take Profit: 10 PipsStop Loss: 50 Pips(Get the scalper tips at page 18)

Trade Using Day Trader Technique.

Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close of the trading day. Traders that participate in day trading are called day traders.

Some of the more commonly day-traded financial instruments are stocks, stock options, currencies, and a host of futures contracts such as equity index futures, interest rate futures, and commodity futures.

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GreatTrader Day Trading Technique.

OPEN BUY POSITION

1. Open your metatrader and choose the time frame 30 Minutes as at below

2. Check the major trend. Simple MA is below the candlestick.

3. All indicators are blue in color.

GreatTrader_NLD blue color GreatTrader_TLSM blue color GreatTrader_MACD blue color GreatTrader_FT blue color GreatTrader_PW blue color fade blue.

4. Make sure you open buy position when market bull trend at the time frame 30 minutes just have started

5. Make sure you are using the trailing stop for maximize the profit.6. Close position when 3 of any indicators color was change.7. Stop Loss that been used is around 60pips.

OPEN SELL POSITION

1. Open your metatrader and choose the time frame 30 Minutes as at below

2. Check the major trend. Simple MA is below the candlestick.

3. All indicators are red in color.

GreatTrader_NLD Red colur. GreatTrader_TLSM Red colour. GreatTrader_MACD Red colour. GreatTrader_FT Red colour. GreatTrader_PW Red Colour or fade Red.

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8. Make sure the you open the sell position when market bearish trend at the time frame 30 minutes just have started

9. Make sure you are using the trailing stop or put a target point at support for maximizing the profit.

10. Close position when 3 of any indicators color was change.11. Stop Loss that been used is around 60pips

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TIPS-TIPS

Scalper Tips.

1. Pairs recommended was 5 pips and below spread. 2. Make sure that you are not trade 15 min before or after the economy news.

Please refer http://forexfactory.com/ for knowing news times3. Make sure that you open buy position or sell at starting trend at time frame 1 min

Please see the examples as at below

3. Do not open the buy position or sell when time frame 30 minutes show sideways. Please refer

Yellow circle show the sideways-market movement are too slow

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4. You are advisable to do training using account demo first before using live account5. You also are adviseable to take the profit every each pair of currency base on the

correct money management to prevent the margin call. Please do the trading without emotional and have the selftrust

6. Always use stop loss. (MetaTrader User Guide : http://www.alpari-idc.com/en/metatrader4/userguide/index.html )

Day Trading Tips.

1. Make sure that you read and understand economy news before trading, if you want detail about the economy news, please read the e book that we provide with this package called “the pocketbook of economic indicator”

2. Do not open any position when pair movement are not follow base on the economy news. This is because of the market is not really stable.

3. Make sure you are using the trailing stop for maximizing your profit. (Please see manual as a reference)

4. Trailing stop are different for every each pair and it goes like this

Pair Trailing StopEURUSD 25GBPUSD 35USDJPY 25USDCHF 25AUDUSD 25NZDUSD 25GBPJPY 45EURJPY 35

3. Make sure when you open buy position or sell at starting trend at 30min 5. Do not open the position at the middle of the trend. Afraid that it will become reversal 6. You are adviseable to not open if the market at the sideway 7. Open position base on the rule that have provide

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