Forex Pro's Secret System

User Manual

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 Free Download Fat Cat indicator

Free Download Forex Power trader system

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 Introduction

Congratulations on your purchase.

The Forex Pro's Secret System was created for beginners that are
tired of losing their money in the markets and are looking for an
easy to understand, stress free trading strategy, and also for
experienced traders that are looking for other ways and strategies
to increase their trading accounts. We took the time to write a very
thorough Manual for the Forex Pro's Secret System because we
want everyone who uses it to be successful. Please take the time to
study and reference it while you are learning the system. Please
remember, you must follow the rules if you want to be a successful
trader. We know the temptation will be there to want to tweak the
rules, but please don’t. Follow the plan as it’s laid out here and we
are sure over time you’ll be happy with the results. Overcoming your
inability to trade the same plan every time you initiate a trade is
what stands between you and becoming a successful trader.
Remember, the Forex Pro's Secret System isn’t the “Holy Grail”.
There will be losses, but if you follow the system rules, the losses
should be smaller and less often than the winners and you’ll grow
your trading account in the long run.

This trading system is based on utilization of the non timeframe

based analysis called the Renko chart. In the Renko chart time is
not of concern or time is not what causes separation of one
bar/candle to another, the emphasis is on the price and the
movements in pips. Like a 10pip Renko chart will display candles
that are 10pips big and what separates one candle from another is
10pips of movement. Hence using a Renko chart the noise of
timeframe based chart are removed and it shows you the chart
based on the movement of the market in pips. Timeframe is one
easy way of losing money in Forex because if you are using a GMT
Broker the candles look different, if you are using a GMT+2 broker
candles look different and if you use a GMT+3 broker it looks
different. So basically it’s the best way of losing money because
indicator reading looks different from broker to broker, candles look
different from broker to broker. As Forex traders we only need to be
concerned of one thing that is the PRICE, because that’s what we

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 are dealing with, Price is what makes people want to buy or want to
sell. Change of price is what is the deciding factor between earning
and losing. When the price of a currency is low it gets into
supply/demand, when the price of a currency is high it gets into
selling from buyers for a profit. So we just need to be concerned
with price and with pips in
Forex.

Now, please sit back and make your self comfortable to read and
understand every word contained therein and most importantly to
do, meaning to apply what was learnt in a disciplined and diligent
manner.

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 Installation

Step 1 – Download and install the Metatrader4 (MT4) platform. You

can choose any broker that supports Metatrader4 platform such as
Alpari, InterbankFX, FXDD, FXPro etc. Feel free to use your
existing brokerage account or choose one by yourself.

Step 2 - Run the Forex Pro's Secret System EASY INSTALLER and
install it to your Metatrader4.

Step 3 – Open your Metatrader4

Step 4 – Go to Tools>Options

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 Click the Charts Tab and check all the boxes, Input 9999999999999
in both the fields.

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 Click the Expert Advisors Tab and make sure to check marks like in
the image below.

Click OK.

Step 5 – Open a 1 minute chart (EURUSD is recommended) and

manually Scroll back the 1minute EURUSD chart as much as you
can (You can simply keep pressing the HOME button on your
keyboard), we recommend at least 1 or 2 months worth of 1minute
chart data on your screen.

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 Step 6 – Right click on your chart → open the Template menu.
Load the to #Forex Pro's Secret System (EA) template to the
1minute EURUSD chart.

Step 7 - Enable the Expert Advisors Button.

Now the FxProsSecretSystem EA should be running, and data from

the 1minute chart should be able to feed data for your Renko chart.

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 Step 8 – Click on File>Open Offline

Search for EURUSD M2 from the list and click on Open.

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 Now you have the Renko chart running in a M2 Offline chart.
Remember that you need to have the 1minute chart as well as the
EA running at all times, because data from the 1minute EURUSD
chart is feeding data to the EURUSD M2 Offline chart via the
FxprosSecretSystem EA.

You need to do the same steps for any other pair you wish to run a
Renko chart for.

Final Step – Applying the Forex Pro's Secret System Template.

Right click on the M2 Offline Renko chart, in the menu select
Templates and load the #Forex Pro's Secret System (main)
template.

If everything is OK, you have to see a picture like this:

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 The Parts of the System and what do they mean

1. The Renko (bricks)

The word "Renko" comes from "Renga", the Japanese word for
"Brick". The square boxes that make up a Renko chart are often
referred to as "bricks”. Renko charts are "time independent" charts
that do not have constantly spaced time axes. Renko charts are
based on closing prices or on highs and lows of the period. We
choose to base our own charts on the highs and lows of the period.
Renko charts have a pre-determined "Brick Size" that is used to
determine when new bricks are added to the chart. If prices move
more than the Brick Size above the top (or below the bottom) of the

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 last brick on the chart, a new brick is added in the next chart
column. White bricks are added if prices are rising. Black bricks are
added if prices are falling. Only one type of brick can be added per
time period. Bricks are always with their corners touching and no
more than one brick may occupy each chart column. Suppose price
falls lower below the bottom of the previous brick by at least the box
size, one or more red bricks are drawn in new columns and if price
rises above the top of the previous brick by at least the box size,
one or more blue bricks are drawn in new columns. The height of
the bricks is always equal to the box size. If prices move more than
the brick size, but not enough to create two bricks, only one brick is
drawn. For example, in a 5 unit Renko chart, if the prices move from
95 to 85, then two red bricks will be drawn from 95 to 90 and 90 to
85. However, if the price rises from 90 to 97 then only one blue
brick is drawn. The rest of the move, from 90 to 97 is not shown on
the chart. It's also important to remember that depending on the
brick size or points used Renko charts may not change for several
time periods, prices have to rise or fall "significantly" in order for
bricks to be added.

The basic setting of the Forex Pro's Secret System regarding to

Renko brick size is 10 pips, however we tried the system with 5, 15
and even with 20 pips brick size, and it worked well too. To change
the brick size setting of Renko, please choose your M1 EURUSD
chart, click F7, choose the Imputs tab, and change the value of the
Renko box size. Please do not modify the other settings there.

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 2. The Rainbow

The Rainbow is an unique and luxury trend indicator. „Trend is your

friend” - this is one of the basic and widely known concepts of the
technical analysis. However unfortunately it is not just that easy, as
identifying a trend in the beginning of it is one of the hardest tasks
in chart analysis. The Rainbow indicator is the best help in
identifying a trend. Dark strips represent the decisions of long-term
investors, lighter strips represent the decision of medium-term
traders, and light strips represent short term tarders.

Cool colors mean bullish trend, warm colors mean bearish trend.
With the Rainbow, you can see the structure of the whole market in
one chart, furthermore in a very visible and spectacular way. It is
recommended to always trade in the direction of the Rainbow trend.

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 3. The Black Line

The Black Line is a separated component of a complex Japanese

indicator. You can use it as a secondary trend confirmation tool, as
if the bricks are below the Black Line, short positions have more
chance, and if the bricks are above the Black Line, the long
positions are more possible. You can use this line as an ultimate
stop-loss level too.

4. The Forex Ultimate Scalper Indicator

A very special and complex indicator, can be used for both entry
and exit signals. Basicaly it's color is blue. It comes with a pop up
and sound alert, and can catch hughe moves, but limits you losses
effectively.

5. Alarm For Renko

The Renko alarm indicator notices you if a new brick forms in the
opposite color, so you do not have to babysit your charts.

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 The Rules of the System

If you want to trade safe, always enter only in the direction of the
Rainbow (trend)!!! Do not forget: cool colors mean bullish trend (buy
only), warm colors mean bearish trend (sell only).

Buy Enty Rules:

1. Rainbow is bullish
2. Price is above the Black Line
3. A white brick crosses up the Ultimate Scalper Line

Sell Entry Rules:

1. Rainbow is bearish
2. Price is below the Black Line
3. A black brick crosses down the Ultimate Scalper Line

Safety Stop Loss:

You can use a one or two brick size safety stop loss or you can
move your stop loss level with the Black Line.

Exit Rules:
You can choose between 3 exit rules, please choose the one that
fits to your money management better.
1. exit on the first opposite color brick
2. exit if a brick crosses the Ultimate Scalper Line in the opposite
direction
3. exit with a fix take profit (for example 3 bricks)

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 Illustrations

1.: Sell Entry

Reasons:
− Rainbow is bearish
− Price is below the Black Line
− A black brick crosses down the Ultimate Scalper Line

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 2.: Possible Exit Point A

Reason: an opposite color brick has formed

Earned pips: +60

3.: Possible Exit Point B

Reason: a brick has crossed the Ultimate Scalper Line in the

opposite direction
Earned pips: +120

Total risked pips: 20

Toltal earned pips: 60 or 120

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 1.: Buy Entry

Reasons:
− Rainbow is bullish
− Price is above the Black Line
− A black brick crosses up the Ultimate Scalper Line

2.: Possible Exit Point A

Reason: an opposite color brick has formed

Earned pips: +60

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 3.: Possible Exit Point B

Reason: a brick has crossed the Ultimate Scalper Line in the

opposite direction
Earned pips: +110

Total risked pips: 20

Toltal earned pips: 60 or 110

Please notice, that we have only risked 20 or 30 pips (one or

two brick size safety stop loss) - depending on your choice -,
while we have earned at least double pips on every trade.

Now, the next step is to practice. Open your charts, scroll a bit back,
and find possible entry and exit points. After your eyes got used to
your charts, you can strart to trade your DEMO account. Please
practice the system for at least 3 months before trading it on a live
account!

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 Final Notes

Don’t forget that the most important aspect of trading is not actually
the strategy, entry or exit rule but who is trading and how disciplined
he is in following the set rules. Trading psychology is extremely
important. Keep in mind you need to have the discipline to apply
your forex trading strategy if you don’t – then you don’t have one.
Trading is all about maintaining rigid discipline and this trait is
extremely vital for success.

Also we would like to suggest that do not put pressures on your

trading with daily goals like trying to make 100 pips everyday by
forcefully trading. That is not how you do long-term survival
business in forex. Just wait for the right setup whenever it
happens and take what the market can easily give you, keep
repeating this over and over again till success. Trading can be
boring sometimes particularly when waiting for your trading
conditions to be met. Impatience leads to overtrading too.

Risk no more than you can afford to lose. One of the very
common reasons why most traders fail is due to over leveraging
their accounts. The rule of thumb is to risk only 2% of your account
on any single trade. Example, you have a $3000 dollar account you
want to place a trade that ensures that if you were to lose your max
loss will be 2% of $3000 which is $60. Which means the amount
you are risking for that one trade is only $60 dollars. Then on the
upside make sure your risk reward is at least 1:2 meaning for every
1 you lose you gain 2 back in return.

Regardless of the system start with a demo account and paper

trade for at least two to three months to really understand how
things work.

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This e-book is actually a manual and should be used as such. It is
not a black box system that might work for a while and stop
working. Every signal is there on the chart to be seen. We have
spent lots of hours visually back testing a bunch of permutations
and combinations with some statistical analysis of entry and exit
strategies. Read, probably more than once, until you have a
clear understanding of the content. The settings you have
received have not only being back tested but have been forward
tested also and have been found to be very profitable. It is
recommended to start with EURUSD only before adding other
currency pairs. There will definitely be losing trades but we base our
calculations on monthly totals which we are sure will end up in the
positive over a three months period.

Wishing you successful and profitable trading with

the
Forex Pro's Secret System.
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 ORDERING & DELIVERY
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 TESTIMONIALS
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 Copyright & Disclaimer

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Disclaimer

Trading foreign exchange on margin carries a high level of risk, and may not be suitable
for all investors. The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment
objectives, level of experience, and risk appetite. The possibility exists that you could
sustain a loss of some or all of your initial investment and therefore you should not invest
money that you cannot afford to lose. You should be aware of all the risks associated with
foreign exchange trading, and seek advice from an independent financial advisor if you
have any doubts.

Any opinions, news, research, analyses, prices, or other information contained on the
website(s) of Pro Forex Services is provided as general market commentary and does not
constitute investment advice. Pro Forex Services will not accept liability for any loss or
damage, including without limitation to, any loss of profit, which may arise directly or
indirectly from use of or reliance on such information.

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 U.S. GOVERNMENT REQUIRED DISCLAIMER

FOREX TRADING CAN OFFER LARGE POTENTIAL REWARDS; BUT ALSO LARGE
POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO
ACCEPT THEM IN ORDER TO TRADE OR INVEST IN FOREX. NEVER TRADE WITH
MONEY YOU CAN’T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN
OFFER TO BUY OR SELL CURRENCIES, FUTURES, STOCKS OR OPTIONS. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED IN THIS MATERIAL.
PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT
NECESSARILY INDICATIVE OF FUTURE RESULTS.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE

CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED
RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES
HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER
COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH
AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO
SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF
HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR
IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING

AIDS ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE. IF YOU
DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS ARE YOUR OWN
RESPONSIBILITY. BY USING OUR PRODUCTS ON A LIVE ACCOUNT WITH REAL
MONEY THE USER AGREES TO NOT HOLD THE PRODUCT DEVELOPER LIABLE
FOR ANY TRADING DECISIONS MADE BY THE USER. THE DEVELOPER OF OUR
PRODUCTS WILL NOT BE HELD LIABLE FOR ANY REAL MONEY LOSSES INCURRED
THROUGH USE OF OUR PRODUCTS.

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