GERMAN SNIPER FILTERED FOREX SYSTEM

GERMAN SNIPER FILTERED FOREX SYSTEM

Introducing the German Sniper Filtered Forex System, optimized for trend trading and curated by Janus Trader (FSR). This strategy, designed for the Metatrader 4 platform, incorporates the German Sniper V1 indicator to precisely indicate entry, stop loss, and take profit levels.



Setup Strategy:

Currency pairs: Any
Platform: MT4
Time Frame: Any, with 30 minutes or higher timeframes recommended
Trade Styles: Suitable for scalping, day trading, and swing trading
Indicators (MT4): German Sniper Indicator V1.ex4 (default settings)

Buy

Utilize the yellow-colored line as the entry point
Initiate a buy trade upon the candle's closure above this line

Set the stop loss as indicated by the German Sniper V1 indicator on the screen

Exit the buy trade when price reaches the blue-colored "take profit here" line.



Sell

Utilize the yellow-colored line as the entry point
Initiate a sell trade upon the candle's closure below this line

Set the stop loss as indicated by the German Sniper V1 indicator on the screen.

Exit the sell trade when price reaches the blue-colored "take profit here" line.



Method Enhancing Profitability

Focus on trading in alignment with the primary trend.

Additional indicators for build the template such as pivot levels and guppy moving averages to filter signals

Exercise patience, when the distance of the price from the moving average group is significant wait for retracements of the price

This strategy is particularly suitable for trading the Nasdaq 100 and Oil markets-.

The German Sniper Filtered Trading Strategy offers a structured approach to trend trading, allowing traders to capitalize on market movements with precision and efficiency. By adhering to the primary trend and employing strategic filtering techniques, traders can enhance profitability and navigate volatile markets with confidence.