Pro FX

[zynizen]

http://www.forexeasystems.com has a great manual trading tool and indicator Pro FX.

 

If anyone is using this, I'd like to know where and how should you place stops and TP's?

The indicators are great at pointing out trades, but I seem to be missing where stops and tp's go.. TP's are obviously when the trade changes sides, or the next arrow comes up, but, I would appreciate some feedback, support on this.

 

Thanks

[Fortuna1713006009]

Re: Pro FX

 

TP is about 90 to 100 pips always during LONDON and NY session. Stop loss 30 - 70 pips, max 100 not more. On Profx Developer website you can analyze all orders month after month since 2007. ProFX01 indicator is based on Bollinger Bands.