GMT Forex Review – Global Market Tool For Software Trading Signals?
With our Expert Advisor and set file, this is easy. In Forex gibt es Handelszeiten, die stärkeren Schwankungen unterliegen als Handelszeiten sind. Close the trades and follow the strategy mentioned above.
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Go to inputs and upload the Bonus set file included below. Time frames are dependant on your broker. You want the expert advisor to start trading at the opening of the london Session. Please go to your brokers website and locate their local time and then go to http: Click go and the London opening session will change. Hey, Congratulations on your purchase.
Here are your training videos and your download file for Forex Power We are in Pre-launch, Some Videos may not be available yet. Download the Expert Advisor. Unpack the zip file. In this video we will explain your daily investing plan. With our Expert Advisor and set file, this is easy.
We understand that everyone want to make a lot of money and fast but Forex is not designed for that unless you have a large account. If you awake and find your expert advisor has you in the negative for the day but still in profit for the week then you may want to close the trades and not lose anymore money. You should then increase the lot size by double to make your money back for the following day.
Close the trades and follow the strategy mentioned above. Never be afraid to close trades. Watch This Video Now! Affiliate Profits into Capital. Coming Soon In this video we will show you how to join our affiliate program and use your affiliate profits to trade with Just for buying our Expert Advisor here's a special bonus.
You will have more confidence and a lot less pain during your trading career if you add only the best of the best trading strategies to your arsenal and avoid all mediocre profitable rule sets.
To bring the V-Power System into the club of the best forex day trading strategies which I know we need to add two additional rules. These two rules will add enormously to the edge of the system. But before I will guide you to these two rules I will show you the entry price levels of the V-Power system. The following screenshot shows you the price levels where you should enter your trades.
Buy trades will be entered when the price moves above the upper boundary of the accumulation range. Only after these price levels are reached the inverted Vs sell trades and the Vs buy trades are completed. But as I said before: All we can do is to logically think about how we can further add to the probability of the setups which we will select. As I said before, the silent accumulation within the tight range takes time.
The smart money must absorb the orders from herd carefully without reversing the direction of the trend too early. Also the final accumulation move and the subsequent reversal takes time. This means that a big enough subsequent move will occur after our entry to give us a good profit on a regular basis. If you now think you must constantly count candles to trade the V-Power system, then you can relax: The V-Power system will do this counting and the analysis for you!
We are still not completely finished with defining our high probability day trading strategy. So, let's move on: The next trading rule is a filter which also adds to the quality of the trading setups which you will trade with the V-Power system! Because we want to have a biggest possible edge over the market we should only trade the setups which produce an entry signal not too late in the day.
Only then we can expect according to the usual behavior of the market that a further big move after our entry signal occurs. In my opinion an entry at 19 GMT should be the latest possible entry.
All entry signal after 20 GMT should be avoided because the odds are against a big further move. The earlier an entry signal occurs in the day the bigger can be the subsequent move before the market goes into the slow moving Asian session. This was the last rule which was added to define the V-Power trading system on the signal time frame.
The defined rules are NOT the absolute and only way to detect high probability Level1 entries. With time you will get experienced and you will know what to look for. As mentioned in the beginning of this article, the V-Power Expert Advisor has the following features:. We will now see how the Expert Advisor helps you spotting the highest probability V-Power day trading setups!
In the following screenshot you can see the raw chart without any structure and analysis. In this raw chart the two V-Power setups are very hard to detect and it's nearly impossible to check if the 5 rules are fulfilled:.
Now we add the V-Power EA to the chart. Even more important than the tops and bottoms, the EA adds the trend analysis for you! The trend analysis is labeled in the following screenshot. The reddish brown rectangles labeled with the downward arrows are showing the downward trend.
The light green rectangles labeled with the upward arrows are showing the upward trend:. As you can see in the screenshot this 20 candle concept in itself is already a great tool to detect the direction of the trend. As soon as the first rectangle with a new color is drawn then you directly know that the direction of the trend has changed and that enough time 20 hours has passed.
All you have to do now is to check if all 5 previously discussed rules apply which define the highest probability V-Power setups. And if you correctly apply the rules then you will see that 2 rectangles are giving us the high probability trades which we want to trade with the V-Power system.
These two rectangles are highlighted with black color in the following screenshot:. In the following short video you can see how the V-Power EA immediately configures the chart with the colors and the vertical dotted lines. Also you can see that the technical analysis tops, bottoms and rectangles is directly added:. Here you can see more examples of valid entries which were indicated by the technical analysis of the V-Power EA:.
And this saying is also true from our point of view on the markets: The old wrong positioned traders are exiting their positions in fear, new traders are opening their positions into the new direction and the smart money supports the move into the new direction. As we already saw, the key turning points are indicated by the technical analysis of the V-Power EA very good. This is common sense. You will have the highest probability of success near the key turning points!
Exploiting these high probabilities areas is all you need to get profitable with the V-Power day trading system! And the default configuration of the V-Power EA let you do exactly this, as you will see later.
By using the bigger picture you will join the absolute elite club of traders! The rule set that you apply should make sense in relation to the size of the highest probability zones. The time for spotting the setups and executing the trades is therefore limited. A relatively tight target is selected to stay within the highest probability zone. The following screenshot shows the situation for a buy signal. The path price from the entry signal to the initial target is the upward trend which we expect to see because of the V-Power signal and the highest probability zone:.
As I already said: We will never know how the path of the price will look like within the highest probability zone! And because we will never know it makes a lot of sense to take advantage of every possible path which the price action can produce within the highest probability zone. Therefore,the V-Power EA uses an approach that takes advantage of any type of price movement in direction of the initial target.
The default configuration of the V-Power EA uses 4 partly positions to handle the trades. With this approach we are even thankful if a pullback happens, because then we can exit with the trade even earlier as a winner. This trade handling approach ensures a very high winning percentage which makes it emotionally relatively easy to trade with the V-Power EA!
The following screenshots are showing how the V-Power EA handles the trades if it is used with default configuration. If the price shoots directly up, as labeled in the following screenshot, then only 1 partly position is opened.
Such trades are very quickly closed often within 1 - 2 hours:. If the price makes a small pullback, as labeled in the next screenshot, then a second partly position is opened. At the same time the target price is automatically set nearer to the actual price. The price does NOT need to go to the initial target price to give us a nice winning trade:.
The target price for the trade is automatically changed again and it's now even nearer to the actual price. The target is now only a little above of the entry price of the first partly position:. The target for the trade is again automatically set nearer to the actual price and is now even below the price level of the first partly position:.
If you have time to watch the charts and you are able to manage the trades then of course you can decide based on your trading experience and ability to read the price action to go for a bigger winning trade.
Then the winning trades after deep pullbacks can get really big, as shown in the following screenshot:.
How long you hold the trades is up to you. The more you gain experience through training in the Strategy Tester and through live trading, the more you will develop your skills and your own trading style. The most important part is that you learn to select the highest probability setups properly. Then you will have a big edge over the market. And as you will later see you can dramatically boost the profitability of the setups by using the bigger picture.
The V-Power EA has special functionalities to make your live as a retail trader with a normal day job easier. Entering with the V-Power EA can be done directly or delayed. Especially the delayed entries are ideal for traders with a normal day job who can't check the charts during some hours of the day! Because there are many possibilities to enter with the V-Power EA and they all need to be explained in detail, I have devoted an entire article for this topic.
You can dramatically boost the profitability of the V-Power day trading system if you select only those setups which are in direction of an edge of the bigger picture! Such trades can be hold longer, days or even weeks! There are thousand ways to use edges of the bigger picture. I will show you now one good way: The trend of the bigger picture! And again, the technical analysis of the V-Power EA will do that hard work for you: The V-Power EA analyzes the trend of the bigger picture!
The following chart shows the daily time frame. And you can see that the EA draws the tops, bottoms and the boxes which are indicating the direction of the trend also on the daily time frame. This is a great help to properly analyze the direction of the bigger trend. And what a surprise! V-formations also exist on the daily time frame! And the EA shows you with the boxes when the Vs and inverted Vs are confirmed. Now imagine how big your winning trades can get if you enter directly after a V or inverted V on the daily time frame has formed and when you enter with a tiny stop on the time frame H1 with the V-Power entry method in direction of the V or inverted V of the daily time frame!
These trades can be hold for multiple days or even weeks.