631# Forex Gain Modified
Gundurowo System modified
Submit by Lexsis 21/03/2015
Forex Gainn modified is a trend following strategy based on the Gundorowo system.
System installation
If you already have MetaTrader 4 installed, place the following files:
Indicators goes:
into C:/Program Files/xxxxx/experts/indicators, where xxxxx is the name of
your MT4.
For example, the MT4 from FxPro is called FxPro - MetaTrader, and the complete
Template goes:
into C:/Program Files/xxxxx/templates, where xxxxx is the name of your MT4.
After finished restart you MT4 platform for changes to apply.
Time Frame 15 min or higher.
Metatrader Indicators:
Exponential moving average 34 period high,
Exponential moving average 34 period low,
Exponential moving average 34 period close,
Arrow Buy and Sell,
MA Candles (2, 8),
Gundurowo System ( Burdys and Buird),
Vortex 21 period with level 1.05).
Trading Rules Forex Gain Modified
Go short:
1. Red candle bar closes below _34EMA low line (you will receive alert)
2.FGF_BURDYS and FGF_FBURD indicators draw red bar.
3 Vortex green line above red line and > 1.05.
Go long
1. Blue candle bar closes below _34EMA high line (you will receive alert)
2.FGF_BURDYS and FGF_FBURD indicators draw blue bar.
3 Vortex red line above green line and > 1.05.
Exit rules:
Exit trade when indicators turns agaist your trade direction. Trailing stop
could be applied, stop loss for it depends on timeframe.
Stop loss should be placed at previous low or high.
Recommendation not to risk more than 2% of your initial capital per trade.
Tips: Find the currency pair in trend and trades only in the direction of the major trend.
In the pictures Forex Gain Modified in action.