Fx Profit Wave

[Adrian]

Hi Guys

Introducing the Profit Wave trading system which can be traded on all time frames and all available currency pairs. The system requires very little input, is easy to learn, and would be a good fit for both beginner and experienced traders.


The system is reliable and performs exceptionally well even on lower time frames. The 1 Hour and the 4 Hour time frames are recommended however, the system can be traded also on the 5 Minute and 15 Minute time frames too.

I'll attach a manual with the rules and a chart template and ex4 files for each indicator is included though all you need do is use an auto installation wizard that I'll upload here. Simply double click on the downloaded EXE file (called ProfitWave.exe) to start the installation wizard then follow the prompts to install the system on to your MT4 trading platform (pls note programmed for MT4 only)

Let me know how you do with it and you'll be entered into a contest where the person that can demonstrate they used it and made the most profit on it in 30 days can get $100! Give it a try on demo account and let us know

Profit Wave Manual.pdf
ProfitWave.exe
MACD_Color.ex4
Nina StepMA 1.ex4
ProfitWave.tpl

[JamesD]

This looks pretty solid and fantastic. What I liked about this is it looks very robust and easy to use. Comparatively speaking.

[Adrian]

Thank you James! Please keep me updated on your progress

[1234_123]

Does this work on Android phones?

[Emilia Jonas]

I am just starting out as a trader, and so far this one's easy to understand and use.

[Adrian]

Thank you, Emilia. Good to have you here ...this system is very robust and ideal also for beginner traders. Please do keep me updated on your progress.

[Emilia Jonas]

Sure thing, Adrian. I was able to load the profit wave system on my MT4. Now, I'm just exploring and trying out the system. Not yet done reading the manual but will definitely raise questions once I encounter some difficulties.

[leila]

I'm installing it now. Thanks, Adrian.

[Adrian]

Hi Leila

Great question!

No need to be nervous just excited

Trading is true avenue to change ones life and its important that we treat is also seriously as such.
When approached properly- with your goal to be consistently profitable and by following system rules and other well tested and known techniques
and of course participating in discussions like this, you set yourself up for success

As for the video- thank you for that suggestion.. I will then look to uploading a video soon in this regard for you and the other members.
(In the interim, the manual does cover all the important aspects of the rules though)

I suggest also that you check out a video under our beginners section on a guide to Metatrader 4 (MT4) as it covers many valuable insights into what will be your main trading tool. You'll find that here: https://www.surefiretrading.com/foru...etatrader4-mt4

[leila]

So, I was in front of my computer, thinking I'd be up all night looking at all these charts and stuff. I mean, let's be real, they looked like some alien language to me. I was sure it was gonna take me hours even to find something.

But I decided to give it a go with AUD/USD. Why? Honestly, it just caught my eye, and the 30-minute timeframe seemed like a good starting point. I was kind of expecting it to be a slow process.

But then I found a trade... and quickly!

I was like, "Wait, what? Can it be this easy?" Of course, my stomach was doing flips - like, am I really doing this?

Am I actually about to make a trade? But there was also this little voice in my head that said, "You got this, Leila!"

And so, there I was, making my first trade while my husband was out like a light, none the wiser. He had no idea that his wife was now a stealthy Forex trader!

But Fingers crossed it goes well, eh?

I'd love to hear any advice or tips you've got.

And anyone else who's reading this, don't be shy! Let's hear your stories and any words of wisdom you have.

Wish me luck!

Leila, your new trading buddy 😎

[Adrian]

Great Leila
Taking the first step by installing and actually taking a trade is a good start - remember to practice on a demo account to begin with and to share your trades here I could then give you some feedback or pointers on those!

[robclif040485]

Hello, I'm thinking about trading, but I don't know how or where to start. I watched a few video tutorials on YouTube, but it's really hard for me to understand because I'm not very technical. Do you have something like a guide for beginners or something else I can use to start trading?

[Adrian]

Hi Rob

Welcome!

Firstly no need to have advanced technical skills, in fact most retail traders have advanced formal education or special skills in Mathematics or similar fields.
What you want to do is to follow any system rules closely and monitor your progress as you go.
Start trading using a demo/practice/paper trading account which most brokers offer. Practice your system until you are confident with it and profitable. When yo udo progress to a live account start small and only trade with money you can afford to lose.
Regard this as a marathon not a sprint. Your goal is to be consistently profitable.
Certainly you are in the right place for all things trading and we will be constantly adding to this site regularly with materials for beginners, intermediate and advanced traders alike.
Be sure to check out our "Beginners" section here https://www.surefiretrading.com/foru...rums/beginners
Let me know how you progress please

[robclif040485]

Thank you for your response, Adrian! I just installed MT4 on my computer and am currently exploring it. I will definitely check out the link you provided. I'm sure I'll have more questions as I go. For the time being, I'll make do with whatever I have. Thank you so much!

[Adrian]

Great Rob my pleasure!

[robclif040485]

I just wanted to let you know that I successfully downloaded the profit wave system onto my MT4. As a beginner with little knowledge of trading, I'd just like to say that this system is easy to understand. I read the manual, and even though there are a few technical terms that I am unfamiliar with, I can get a sense of how it works. The visuals are extremely useful. I have yet to place a trade because I am still trying to fully understand this system. I'll post an update tomorrow after I complete my first trade. Thank you!

[Tr4d3r#89]

Thanks Adrian, as a beginner I am excited to start using this system to get more experience with my trading. I will definitely be in touch if I have any questions!

[Adrian]

Hi Welcome!
Im sure you'll find the system very valuable and fairly easy to use. Yes please keep us posted

[superjosh]

I am currently reading the manual, I am a new trader. I like how the profitwave looks because it is definitely easier to look at the trades with its template compared to some I have used before. it runs really smoothly on MT4 and with only two colors to look out for its easy to focus on the trades. I will keep you posted for any questions or updates thank you Adrian!

[Adrian]

Hi Josh
Welcome and thank you yes please do let us know about your progress and any further questions you may have

[Emilia Jonas]

Hi, Adrian! Tried my very first trade, and this is how it went. It's just a short trade but I'm happy I was able to do it. This is just sort of a sample trade. Will place more trades soon and I do hope it's gonna be profits instead of losses. But I do have a question, though. Do you have some sort of example videos showing how to place a trade "properly"? Because what I did was just sort of a "trial trade". I hope you can provide one. Looking forward. Thanks, Adrian.

[Adrian]

Hi Emilia
Fantastic! Yes, I will be presenting a live webinar on this system and will announce a date and together we can all review the system and your/ others trades and, of course, I'll record that for others too so please look out for my announcement soon on that!

[Emilia Jonas]

A webinar would really be helpful. Looking forward to that, Adrian. Will definitely attend.

[mazen]

hi im very happy to be part of this pag

[Adrian]

Hi mazen and welcome
We are happy to have you as a member too!
Please do give the system a try (you could start on a demo account) and please share your experience with it

[superjosh]

Hi Adrian! superjosh here. i find it more comfortable to use the H1 timeframe compared to M15 as a beginner because i am far more relaxed with it since it doesnt move as quickly as M15 and I am able to observe price movements and patterns over a more extended period, providing me a better opportunity for learning and understanding market dynamics. the profit wave is really playing a HUGE role in making it easier for me to read the market movement! I am so glad I was able to find this. I was also able to land my first profit earlier today! I will attach a screenshot of my chart. Thanks Adrian I will continue to post here for updates and questions. happy trading!

[Adrian]

Hi Josh well done and thanks for sharing!
Yes the higher time frames (4hr/daily/weekly) will usually allow you to follow your trades at a more convenient pace whereas the lower timeframe (30 min/15min) usually requires some oversight as price can at time move quickly. your ideal entry point there would have been 1.0750, with take profit at 1.07800 and stop set at 1.07200. You managed well though! Keep us updated please with future trades.
Please note when trading on the first Friday of every month the US Department of labor s releases Non Farm Payrolls (NFP) statistics which measure the amount of jobs gained in the U.S. during the previous month that aren't farm related. It is typically released on the first Friday of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate.
the usually happens around 8:30am new york (Eastern Time) and we recommend that no new trades be entered at least 30 minutes prior and after that as the markets can behave in unexpected ways at that time.

[superjosh]

Thank you for that very insightful comment Adrian! I will keep you posted once I make another big profit. So far I lost 2 small profits but was able to make 1 big profit earlier today! I am currently using M30 so I can slowly adjust to M15.

[robclif040485]

I'm using a demo account to try out this system right now. Today, I made my first trade ever in the M15 timeframe by following the system's rules, and it's going well. hopefully this will result in a profit. I'm still eyeing for more trades. I'll update the results tomorrow. I have one more question: how do I add an image to the thread? I didn't see a way to do that when I replied to your comment. So, I wrote a new comment here so I could upload a picture of my trade.

[Emilia Jonas]

Hi, Adrian. Just an update. Currently running this on the M30 chart for NZDUSD. At the moment, I'm seeing $64 in profit. Hopefully this turns out as a profit in the end, fingers crossed. Read the manual over and over because I had some difficulties understanding some terminologies (since I'm just a beginner haha) but yeah, did some research and I'm hoping I did the right thing. I noticed you're responding quickly to the comments here, so I'll just write a comment here again once a question comes up. Thank you so much for introducing this system. I'm enjoying it so far!

[Adrian]

Hi Emilia
Well done for taking the trade and thank you for your post

I can't see exactly which candle you entered on however the trade does appear to be set as per rules though I would have posted my stop loss a few pips lower underneath the most recent swing low point just to give it a bit more room should price reverse>
Lets see how it plays out

[Emilia Jonas]

Yes, I think you're totally right about that one, Adrian. This turned out a loss, actually. Should have positioned the stop loss at the most recent swing. I guess I'll have to be more careful next time...

[leila]

Hey again,

I just can't keep this to myself! I told you about my first trade, right?

It actually brought me a profit of $293! I was so shocked.

I mean, I literally jumped off my chair, just from seeing that number in my account!

And guess what? It didn't stop there. I dove in again, and this time I came up with $338!



I'm not kidding, I was practically dancing around the room. I had to pinch myself to check if I was dreaming or not.

I know it's a demo account. I know it's not real money. But the trades themselves are based on live market conditions, right?

The fact that I've made successful trades, even in a demo account, makes me think that maybe, just maybe, I could do this for real.

I mean, I'm still learning the ropes and all, but these wins are making me more confident.

And before I forget…I've got another trade going on, and it's already at $346 in profit! But it hasn't reached my take profit point yet.



I can feel the excitement turning into something else... is this what they call "greed" in trading?

I want the numbers to climb higher and higher.

It's like I've got this little devil on my shoulder saying, "Let it ride, Leila. You can make more!"

I mean, I know I should be happy with my wins, but I can't help but want more.

So, Adrian, and everyone else, what should I do?

How do you handle this feeling?

[Adrian]

Well done Leila!

What we need to aim for is to be "consistently profitable"
It's great that so far you are seeing success
We need to be mindful that this will not always be the case though it is inspiring and exciting.
We want to though be as methodical as we can when placing trades. ..
Follow the rules, accept the wins and the loses but be persistent and as unemotional as possible in either case.

Good start and keep going Leila!

[Adrian]

Hi Rob

Heres a image of in this particular trade where I would've posted a pending order - a few pips above resistance - as price tends to retrace at these levels and might well then not reach your intended target. I then set the stop and take profit target at a 1:1 and would expect price to reach the take profit level over the next trading period.
To add an image select your post and "post reply"


Well done for taking a trade and lets see how it turns out for you