Forex Analyzer PRO System
From: Jeff “Piranhatrader”
Creator: Of Forex Analyzer PRO
Dear Fellow Trader,
The “Forex Analyzer PRO” MT4 trading system is a real, PROFESSIONAL-LEVEL Forex system and can easily be loaded onto the Metatrader (MT4) platform in a matter of MINUTES..
Includes NO REPAINT accurate buy and sell forex signals, daily range detection and an advanced alerting system.
This system makes up to 200 pips/day across multiple forex pairs!
But first things first… let’s look at how Forex Analyzer PRO works…
1. Buy And Sell Forex Trading Signals
First off, this system works on any currency pair and timeframe, even on the weekly chart. Signals never repaint! It’s a versatile system that can be used for scalping, day trading, swing trading and long-term currency trading.
Let’s take a look at some examples:
Example above is the GBP/USD 1 minute chart. ForexAnalyzerPRO buys the currency pair. Green arrows + green trend analyzer = BUY. Over 80 pips of profit from scalping the 1 min chart!
Example above is the AUD/USD 5 minute chart. Long trade which moved to profit instantly confirmed by the green arrows + green trend analyzer (top left) = BUY .
Example above is the USD/JPY 1-hour chart. Short trade entries confirmed by the red arrows + red trend analyzer = SELL.
When not to trade? This system uses an advanced filter designed to stay out of a trendless currency market. The trend analyzer displays “—“. Do not take any trades.
How does the US Dollar/Japanese Yen weekly chart look? Buy arrows appeared right before the USD/JPY price exploded up for 2700 pips!
The figure above shows an example of Forex Analyzer PRO loaded onto the Metatrader 4 platform. You can attach the system to any chart and pair. It even works on Gold and Oil. Click the image for full view.
2. Live Trading Example & Tips
Live trading example above is the AUD/USD 5 minute timeframe. Long entry at 0.7052. Place stop-loss just below the most recent key support level at 0.7034.
Price objective method 1: I am a big fan of risk-to-reward 1:2 or even better. In the example above, it means that the profit target should be placed at 0.7088.
Risk on the trade: 18 pips (entry level – stop level). Target: 18 pips x 2 = 36 pips above the entry price. Target price: 0.7052 + 0.0036 = 0.7088.
Price objective method 2: Close the long trade just before it reaches resistance levels (R1, R2, R3).
Tip 1: Your chances of success increase significantly if you go long the first buy signal issued in a bullish trend, or otherwise go short the first sell signal issued in a bearish trend.
Tip 2: In uptrends, it’s recommended to place your stop-loss below key support levels. In downtrends, it’s recommended to place your stop-loss above key resistance levels.
Tip 3: You should always use a minimum 1:2 win/loss ratio. The higher the risk/reward ratio you choose, the less often you need to correctly predict market direction in order to make money trading.
3. Advanced Daily Range Detection
What’s moving in the markets? Forex Analyzer PRO automatically alerts you when a currency pair exceeds your pre-set daily range threshold value. Just input the value in the input box and you will be alerted by a pop-up window, email or even on your mobile phone the moment the range exceeds your pre-set threshold. (day high price- day low price).
Just input the DailyRangePips threshold value for every currency pair you want to be alerted for, press OK and you’re done!
4. Advanced Alerting System
ForexAnalyerPRO makes it SUPER-EASY for ANYONE to follow with its advanced alerting system.The Arrows appear on the CLOSE of the bar and a trade can be IMMEDIATELY entered on the OPEN on the following bar.
ALERTS can be set so that THE MOMENT a BUY-LONG or SELL-SHORT Arrows appears the trader can be instantly alerted by a sound and/or popup window, email and on your mobile phone eliminating the need to stare at the chart waiting for trade signals to appear. This is especially useful for higher time frames.
ArrowsAlerts: Sound and/or popup window, email and mobile phone.
DailyRangeAlerts: Sound and/or popup window, email and mobile phone.
DailyRangePips: Put in the preferred value in pips.
AlertOn: Enable/disable all alerts.
NotificationOn: Use for IPhone/Android alerts
EmailOn: Sends real-time alerts straight to your email.
5. Setting Up Email Alerts
Go to MT4 Main Menu > Tools > Options > Email. Enable email alerts and fill in your email provider details, your email address and password. Push the test button to test email alerts.
6. Setting Up Mobile Trading Alerts
Go to MT4 Main Menu > Tools > Options > Notifications. Enable push notifications and fill in your details. Push the test button to test mobile alerts. You will need to download MT4 for iPhone or Android.