Secret Profit Levels is as old as the market itself and is so profitable because of its universality. I will also share custom indicator that will help you trade this strategy with ease. The trading system Secret Profit Levels is about the secret levels that exist on your charts, yet It is believed is that these high frequency trades create large pools of money at certain levels on a chart.
But they are invisible to everyone except those big players placing the trades. Meaning that until now the average trader had no way of knowing where these pools of wealth were hidden. Those levels act as magnets. As soon as price gets close they will attract it, giving you the chance to enter the trade and make money. Secret Profit Levels indicator will show you where to enter the trade and where to exit the trade, which will help you boost your confidence, whether you are an experienced trader or a beginner.
As you can see, the Secret Profit Levels is very simple but at the same time, it is a very powerful and productive indicator and strategy that offers a lot of profitable opportunities.
It is easy to understand and implement because there are no complicated readings of different indicators involved, just a basic knowledge and understanding of the Forex market movement. The trading system is a set of indicators or one indicator, in this case to specific trading rules with the use these indicators indicator.
I am having trouble installing the secret Profit levels on my MT4 platform. It downloaded as a. Please email me a. Dear Sir, I just installed with tp file. I mean it is not moving as per the chart move… I mean there are two targets given in the red triangle only in sell.. Please help me Here is the screen shot:.
I tried to download it , but it indicates trying to decompress it , that it can not be open. Can you upload the file again. Part of the holly Grail. Hello Daniel, congratulate you for your excellent web! Could you check the link please, it does not seem to work, thank you! Characteristics of Secret Profit Levels Platform: Highly volatile Trading Time: European sessions and start of American sessions Timeframe: Alpari It is believed is that these high frequency trades create large pools of money at certain levels on a chart.
Wait for the price to climb up towards a round number level. As soon as price reaches 15 pips below the next round number, we can open a buy order. We can also use a pending order to enter trades. The stop loss is set 15 pips under the entry point. We have 3 options in setting the take profit — Conservative, Aggressive and Managed. Conservative exit — The next round number. Aggressive exit — This is the round number level plus 15 pips. In our example, it will be at the Managed exit — Here, we close half of our position on the round number level, then move our stop loss level to the break even and close the rest at the round number plus 15 pip This way, we can lock in some profit and preserve it by moving the stop loss to break even.
Wait for the price to decline towards a round number. As soon as price breaks below the next round number minus 15 pips, we can open a sell order. In our example, as price breaks below the 1. We can also set a pending sell order instead of waiting for the price to reach that level. Set the stop loss 15 pips from the entry point. We also have 3 options for setting the take profit — Conservative, Aggressive and Managed.
Aggressive exit — This is the level 15 pips below the round number. In our example, it will be at the 1. Managed exit — Here, we close half of our position when price reaches the round number, then we move our stop loss to break even and close the rest 15 pips below the round number.
If your computer does not have a program WinRAR, download it here rarlab. Hello Daniel, Which currency pairs are highly volatile in your opinion? Please help me Here is the screen shot: Leave a comment Click here to cancel reply.More...