SuperFx System:

The “SuperFx System” is a complete trading tool designed for SCALPING TRADING
on 1 minute (optimal) and 5 minutes timeframes successfully and consistently. For
Advance Level this tool is suitable for INTRA DAY & SWING TRADING.

The main principle of the indicator is price action secret strategy + price channel +
some very special mt4 indicators. All in one!

The hit rate of the indicator is about 90% in most currencies.

We advise that you read and make sure you understand the entire system before
putting it into practice. Experiment and gain experience in demo accounts before
trading with your own money.

Installing the Indicators, Experts Advisor and Templates

Open Metatader.

Click File -> Open Data Folder. A browser will pop up.

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  Step 1: Copy the indicator file EX4 into your /MQL4/indicators folder.
This folder is a folder of the MetaTrader trading platform.

 Step 2: Copy the expert file EX4 into your /MQL4/Experts folder.
This folder is a folder of the MetaTrader trading platform.

 Step 3: Copy the templates file TPL into your /MQL4/Templates folder.
This folder is a folder of the MetaTrader trading platform.

 Step 4: Open Click Tools -> Options -> Expert Advisors and enable DLL
permissions. Click OK

 Restart your Metatrader4 Platform

  Step 5: Open Chart and Right Click your mouse on the chart, then the list
of templates should appear (Choose One you like: SuperFx0/1/2).
.

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 Step 6: Attach to chart: “ EA auto take profit SL.ex4” to automatically setting

up Stop Lost and Take Profit on your new trade later.

Attach this EA at one Pair only (ex: Pair XAUUSD) and Setting Up the value manualy
(Fixed SL and Fixed TP).
 Scalping M1, set Fixed SL: 30 and Fixed TP: 5 (moderate)

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How to attach indicator and EA to MT4 (video):
https://youtu.be/1gIHjaoN1IA

IMPORTANT RULES - How to use the signals

IMPORTANT RULE FOR SCALPING: Use the indicator ONLY at active market
hours – example London session, US session. Scalping will not work on a weak
market ( night time, Christmas period etc…) keep reading and I will explain
everything in pictures…

- Identify a current trend. (Remember? Trend is your friend?)

- Ignore all signals against a current trend! Example:

Trend is up – but you get a “sell” signal ( ignore it!)

Wait for a “buy” signal to enter. This is the most important rule #1,

if you follow it – you will have no losing trades at all.

- The most important rule #2: do not trade and do not use the indicator on a
sideways trend. This is a “MUST follow” rule#2.

If you DON’T follow or ignore the rules above – good results are not guaranteed!

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Entering Trades

BUY Signal:

1. Long/Buy signal occur when the Super Scalper Indicator changes color from
Yellow to Blue.

2. All Filters must met/agreement. Green/ Blue colour mean “UP TREND”

3. watch closely Probability Meter

How to decrypt the Probability Meter values?:

All values and colors have to be watch closely.

(1). Multi-Info+ : more than 75 (red/green) for strong Up/Down trend

(2). Indice Strength : 0-1-2 for strong Down trend, 7-8-9 for strong Up trend,

3-4-5-6 for sideway.

(3). Currency Pair Range : range of 5 or more between the 2 currencies.

Example: 7-2, 9-3 etc for a strong Up trend, 0-5, 2-8 etc for a strong Down trend.

(4) and( 5) : red color for Down trend, green for Up trend and Orange for sideway.

SELL Signal:

1. Short/Sell signal occur when the Super Scalper Indicator changes color from
Blue to Yellow.

2. All Filter must met/agreement. Red mean “DOWN TREND”

StopLoss

Option 1:

EA auto take profit SL.ex4 will automatically put the stop lost for your new order
trade.

Option 2 ( for advanced traders):

Place your stop loss below the previous low ( bottoms) For Long/Buy trades.

Place your stop loss above the previous high (tops) For Short/Sell trades.

IMPORTANT: Set stop loss for all your trades and do not deviate from it. Once the
trade has touched your stop loss be disciplined and close the trade. This will protect
you from major capital losses.

ExitingTrades

Exit trades when the Super Scalper Indicator issues the opposite trading signal. This
ensures that you trade with maximum profits and right before the market reverses.

Another exit mechanism which is highly effective is to exit near strong support or
resistance levels. It is a method that generates exits earlier, so you take profits early.

TimeFrames and Pairs

- 1 min, 5 min

- All major pairs

(Works fine on EUR/USD 1 minute timeframe)

Recommendations

Use the indicator ONLY during London or US sessions!

Never use the indicator on a weak/slow market – outside recommended
trading hours ( London or US sessions ).

Scalping signals never work well on a weak market, this has been

proven many times…

example:

AGAIN: Never use the indicator on a weak/slow market – outside recommended

trading hours ( London or US sessions ).

Scalping never works on a weak market, this has been proven many
times…

* The London session is the largest market and opens at 8.00 GMT or 3 AM EST and
closes at 17.00 GMT or 12 PM EST. Trading is best between 7.00 GMT and 10
AM GMT.
* The New York session opens at 13.00 GMT or 8 AM EST and closes at 22.00 GMT
or 5 PM EST. The best trades occur in the first 3 hours.

IMPORTANT:

It is extremely important to trade only following a current trend! It will cut ALL bad
trades! Never place a trade against a trend.

Example:

* If the current trend is up and the indicator shows “BUY” signal – place a trade.

* If the current trend is up and the indicator shows “SELL” signal – NO TRADE!
Wait for the next “BUY” signal…

Stay away from using the signals and open trades on unclear trends or
sideways trends.

MoneyManagement

Money management is a very important concept that has an enormous effect on draw
downs and margin calls. The cardinal rule of money management is the following:

You should only risk 1-3% of your account on any single trade. You may
have heard this rule a hundred times before, but it is amazing to see how many good
traders fail to comprehend this concept – and don't understand why they are wiped
out again and again, despite great entries and timing of trades.

Another important concept that is related to your stop loss:

In this strategy you learned how to place a stop loss for each setup. This stop loss is
calculated regardless of your level of risk or your equity, and is based solely on price-
action. After a stop loss is set, calculate your trade size so you achieve the percent of
risk for your trades. For example: your stop loss is 10 pips, and your equity is
10,000$. You wish to risk 2% of your equity in this trade, so you

enter a trade with 2 lots – so your risk is 200$, or 2%.

How to attach indicator and EA to MT4 (video):
https://youtu.be/1gIHjaoN1IA

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Basic Rule SuperFx System (video):

https://youtu.be/oVqeo0dRP7c (backtesting)

https://youtu.be/EAcyMJviVJQ (Live Trade)

https://youtu.be/s6bRwKKFDSI (Live Trade)

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Broker Recommendations:

XM: http://goo.gl/7Xd8ur

FBS: https://goo.gl/3XGe9h

OCTA: https://goo.gl/npOFDX

MFX: http://goo.gl/WR3EgK

For Your Success. Thank You

http://superfxtrading.blogspot.com
https://www.facebook.com/banghoki