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Components of the System

Fx Pro server
ProbMeter indicator
Pivot Multi Timeframe indicator : red for resistance and blue for support
ADX indicator : period 14

1. Preparation
-

Install Fx Pro Meta Trader 4 first (included in your package).


Open a demo account.
This Fx Pro server has a better reaction to market condition, believe us.
Now, copy and paste the package folder (experts, indicators, profiles & templates) to your Fx Pro Meta
Trader 4 installation directory.
Then, open your Fx Pro Meta Trader 4 program.
Click the Profiles button and choose Trend Eater for EURUSD or Trend Eater for GBP/USD'.
Set the time frame to M15.
Or just open a new chart (EUR/USD or GBP/USD) and set it to M15, then load the Trend Eater for
EUSUSD or Trend Eater for GBPUSD template.

If you do all the steps above correctly, you will get this picture :

2. Entry Signal
Buy (Go Long) :
- First, wait until ProbMeter says Probability STRONG UP Trend - like this

- Once it is occured, you must check these conditions :


a. NO U.S. BIG NEWS today (Non Farm Payroll, FOMC Meeting, Bernankes testimony, etc).
NO EURO ZONE important news in the next hours ahead, if you trade EUR/USD.
NO UK important news hours in the next hours ahead, if you trade GBP/USD.
You can visit Forex Factory to check wether a news is critical or not.
b.

Range between the price (when an UP Trend Alert is occurred) must be at least 20 pips away from the
NEXT Resistance.

c.

ADX (when an UP Trend Alert is occurred) must rise BETWEEN 20 - 40 level.

After all conditions have been fullfilled, just click BUY for your chosen currency pair.

Here is the COMPLETE chart for Buying Condition :

Sell (Go Short) :


- First, wait until ProbMeter says Probability STRONG DOWN Trend - like this

- Once it is occured, you must check these conditions :


a. NO U.S. BIG NEWS today (Non Farm Payroll, FOMC Meeting, Bernankes testimony, etc).
NO EURO ZONE important news hours ahead, if you trade EUR/USD.
NO UK important news hours ahead, if you trade GBP/USD.
You can visit Forex Factory to check wether a news is critical or not.

b.

Range between the price (when an DOWN Trend Alert is occurred) must be at least 20 pips away from
the NEXT Support.

c.

ADX (when an DOWN Trend Alert is occurred) must rise BETWEEN 20 - 40 level.

After all conditions have been fullfilled, just click SELL for your chosen currency pair.

Here is the COMPLETE chart for Selling Condition :

3. Stop Loss & Take Profit


For Buying Condition :
Set Stop Loss 30 pips (for EURUSD) from your Entry price.
Set Stop Loss 50 pips (for GBPUSD) from your Entry price.
Set Take Profit at 5 pips away from the nearest Resistance level.
Dont use Trailing Stop to get the maximum gains.
Dont update your Take Profit even the trading session day has changed.

For Selling Condition :


Set Stop Loss 30 pips (for EURUSD) from your Entry price.
Set Stop Loss 50 pips (for GBPUSD) from your Entry price.
Set Take Profit at 5 pips away from the nearest Support level.

Dont use Trailing Stop to get the maximum gains.


Dont update your Take Profit even the trading session day has changed.

4. Now, What?
Once you have enter a trade, what you have to do are :
- leave it alone until either of your Stop Loss or Take Profit levels are executed
Happy tradinghopefully my original trading system will help your live trading.

Best regards,

vans

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