FX Mastery is a versatile trading system suitable for any style of trading and for any level of experience of a trader, whether you are a beginner or an experienced financial market shark. Of course, the system does not repaint and has the necessary set of alert systems so that you do not miss another profitable signal.
Characteristics of the FX Mastery Trading System
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Platform: Metatrader4
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Currency pairs: Any currency pairs, recommended Major
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Trading Time: Any, recommended London and New York trading sessions
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Time Frame: Any
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Recommended broker: Roboforex, XM, FTMO
System components
FX Mastery consists of 4 indicators, each of which performs its own function:
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Buy / Sell Indicator – the main signal indicator, in the form of blue and white diamond, which act as entry points to the market
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Trend Filter – the main filter that helps determine the direction of the prevailing trend
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Daily Range – an indirect filter for more accurate entries, taking into account the remaining daily range (this is described in detail in the manual)
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Trading Assistant – an auxiliary EA that will greatly facilitate your trading. It can be used alone in combination with any manual trading system or a standalone indicator:
Trading Rules
So, directly about the signals of the system.
Buy signal:
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A blue diamond appeared on the chart
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Trend Filter confirms the uptrend
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Well, if the Daily Range Today is less than the average by several tens of pips – this indicates a stronger signal:
Sell signal:
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A white diamond appeared on the chart
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Trend Filter confirms the downtrend
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Well, if the Daily Range Today is less than the average by several tens of pips – this indicates a stronger signal:
Take Profit depends on the traded pair and timeframe. You can also close a deal when:
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the appearance of the opposite signal,
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at the nearest support/resistance level,
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round numbers, etc.
Stop Loss – a few pips above/below the nearest local price high/low, as shown in the screenshots above.
All this is more clearly in this video:
The system has three trading modes with different risks:
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FXMastery1 – has the greatest risk with the greatest number of trading signals. Good for scalping
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FXMastery2 is a universal mode with moderate risk and balanced signals.
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FXMastery3 – a small number of trading signals, but their accuracy is the highest.
For the convenience of tracking signals, the system has everything you need:
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Alerts
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Phone notifications
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E-mail notifications
Of course, FX Mastery is not a grail and is not without flaws. But if you correctly observe money management, withdraw profits in a timely manner (if you are not going to reinvest) and take into account the releases of important economic news, then this system is certainly capable of making a profit.
And of course, the broker is, as always, Roboforex with its zero spread ECN account.
In the archive FX_Mastery.rar (1.24 Mb):
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Order-On-Chart-Panel-EA.ex4
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FXMASTERY_DASH.ex4
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FXMASTERY1.ex4
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FXMASTERY2.ex4
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FXMASTERY3.ex4
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FXMASTERY1.tpl
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FXMASTERY2.tpl
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FXMASTERY3.tpl
