Easy Profit System

Easy Profit System is a trend-Momentum Strategy multime frame
This template is applied on the 4h chart
Objective: To determine if the currentmain trend is up or down trend.
What next:
If the current main trend is up trend, we go to 15m chart to find long trades.
If the current main trend is down trend, we go to 15m chart to find short trades.
Step 1: Determine main trend
COMPONENTS:
1. EMAs: 5 EMA
(red line) & 10
EMA (green)
2. Stochastics
3. RSI
We are in the uptrend if:
The 5EMA crosses above the 10EMA
The RSI is above the 50 line
The Stochastics is heading up
We are in the downtrend if:
The 5EMA crosses below the 10EMA
The RSI is below the 50 line
The Stochastics is heading down Example: Uptrend (4hr chart)

Step 2: Enter trades on 15m chart
This template is applied on the 15m chart.
Warning:
If the current main trend (4h) is up trend, we go to 15m chart only to enter long trades.
If the current main trend is down trend, we go to 15m chart only to
enter short trades.
COMPONENTS:
1. EMAs
2. Stochastics
3. RSI
4. MACD
Enter Long Trades when:
5 EMA crosses above the 10 EMA
Stochastics is heading up (the best is not in overbought zone <80) RSI is above 50
(MACD is going from negative to positive) OR (MACD is negative and starts to increase value).
Enter Short Trades when:
5 EMA crosses below the 10 EMA
Stochastics is heading down (the best is not in oversold zone >20)
RSI is below 50
(MACD is going from positive to negative) OR (MACD is positive and starts to decrease in value).
Stop Loss & Take Profit
STOP LOSS:
30 pips OR… the most recent swing low (for long trade) and the
most recent swing high (for short trade)
Set Take Profit to the same amount of pips as Stop Loss.
Advices
Exit your trades before news releases.
Focus on a few currency pairs first, don’t trade too many pairs.
Do paper trading first before you are familiar with the system
Never risk over 3% of your account.
You should be cautious if you trade when the market volume is quite.
Conclusion
Stop Loss is a bit tight.
The system is simple to follow but it takes some works to identify and manage trades

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