MT4/MT5 & TradingView High Probability Forex Trading Method
By Jim Brown
4.5/5
()
About this ebook
Jim Brown's Forex books are consistently ranked 'Best Sellers' and there is a very good reason for this…
At no extra cost, or on-costs, Jim shares with his readers:
- His custom indicators for the MT4/MT5 MetaTrader platforms, and more recently TradingView, as a download package at the end of the book.
- An invitation to join his free Facebook Group and Telegram Groups which have over 5,000 new as well as experienced Forex Traders contributing, and includes daily interaction with Jim.
- Jim calls his trades live, shares his results, and records weekly trade analysis videos on his YouTube channel.
- Contact details if you require clarification on this trading method.
_______________________________
Jim, from Queensland Australia, is a full-time Forex Trader and currently resides in Vietnam.
This book provides a reliable and robust trading method which he has refined over many months on both demo and live trading. Jim uses the popular MetaTrader platforms to trade. These are more commonly referred to as MT4 or MT5, and there are many reputable brokers who offer these platforms.
As mentioned above, the method is now also available to be traded on the very popular web-based TradingView platform.
Although Jim concentrates solely on Forex trading, there is no reason why you could not trade this method on other financial instruments offered by many brokers. These may include:
- Oil
- Precious metals
- Commodities
- Stock indices
- Individual stocks
- Cryptocurrencies
You may not wish to conduct your actual trading off the Metatrader or TradingView platforms, however as this method relies on the use of Jim's custom indicators which he had specifically built for Metatrader and TradingView, you will need to at least download a free MT4/MT5 or TV demonstration platform to enable you to conduct your trade analysis, and then place your actual trades on your preferred Broker's platform.
Jim's other books
- Trading Forex with Divergence on MT4/MT5 & TradingView (expands on Divergence mentioned in Jim's High Probability book)
- Forex Trading: The Basics Explained in Simple Terms
Jim has been featured on
- Desire to Trade Podcast with Etienne Crete
- Trading Nuts Podcast with Cam Hawkins
Read more from Jim Brown
Forex Trading - The Basics Explained in Simple Terms Rating: 4 out of 5 stars4/5Trading Forex with Divergence on MT4/MT5 & TradingView Rating: 4 out of 5 stars4/5
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Reviews for MT4/MT5 & TradingView High Probability Forex Trading Method
34 ratings14 reviews
- Rating: 3 out of 5 stars3/5this book is simple .. but deals with martingale ..which I am not a fan of ... personally this system is okay for intra day trading.
- Rating: 4 out of 5 stars4/5I have read Jim's book on Basics of Forex. I plan to read this one on high probability trading and the one on divergence thereafter. The trading system in his first book that i have read is simple and easy to implement with his custom indicators. I'm glad I saw this book. I will be updating this review after I have used the system for awhile
- Rating: 5 out of 5 stars5/5Great and simple book written by Jim. This book have become a game changer in my trading. I now see more winning and my confidence has improved.
- Rating: 5 out of 5 stars5/5Great setup and simply explained. Highly recommended for new traders
- Rating: 5 out of 5 stars5/5Easy understanding for new traders and there's also a bonus trade system which is awesome
- Rating: 4 out of 5 stars4/5I agree with people that describe this book as simple, yet so practical. I like the system, doesn't require too much time on the charts. Overall it was really helpful.
- Rating: 5 out of 5 stars5/5Jim manages to make concepts of forex trading accessible to anyone. This book outlines a very simple, but effective method. Thanks!
- Rating: 5 out of 5 stars5/5Concise, clear, technical and thorough. You need to have basic understanding about forex to quickly grasp the concept
- Rating: 5 out of 5 stars5/5Great book, the method work quit well if you know how to correctly identify it. Easy to understand and informative. If you new to Forex trading, I suggested read his first book first. Because you need to have certain Forex knowledge to understand this book.
- Rating: 5 out of 5 stars5/5Am amazed at how a simple system can work this good.
For those struggling with not making consistent profit in the FX market, seriously pick up this book, its darn good. Thanks Jim for awesome gift. A++ - Rating: 5 out of 5 stars5/5I greatly appreciated this book. The method is very clear and there are several ideas to deal with the trading activities.
A guide very helpful to all the traders. If you want a profitable system you need to read this book - Rating: 5 out of 5 stars5/5Jim explains everything very clear and precise. One of my favorites. I will definitely keep it close to me and review it from time to time.
- Rating: 5 out of 5 stars5/5Really nice job I surprised from how its simple and how its accurate . I really recommended everybody to read it and use the Platinium MACD indicator specially to whom lost in forex products on net . Waiting more books and products
- Rating: 5 out of 5 stars5/5I highly recomend this book if you want to earn morney with little knowledge . Just try to finish this book and practice a lot in demo account. If you make entry for each signal wituout considering trend and trade for 10 pairs/month, then you'll make at least 50% to 200% every month. Just try. Good luck.
Book preview
MT4/MT5 & TradingView High Probability Forex Trading Method - Jim Brown
Introduction
I am a full time Forex Trader. This book will provide you with a reliable and robust trading method which I refined over many months of manual and demo testing, and now live trading. I use the very popular MetaTrader platform to trade. This is more commonly referred to as MT4 and there are many reputable brokers that offer this platform.
Although I concentrate solely on Forex trading myself, I see no reason why you could not trade this method on other financial instruments offered by many MT4 brokers. These may include: oil, precious metals, commodities, stock indices or even individual stocks. There is a great deal on offer and I appreciate that not everyone is a fan of Forex trading.
This particular trading method can be traded on any time frame you choose. Personally, I prefer the 4hr charts or the Daily charts. These are time frames I am comfortable with, but again I understand that there are different strokes for different folks when it comes to time availability, preferred time frames and lifestyle choices etc. I will endeavor to show a few trade examples from different time frames to cover all of the bases.
You will need access to MT4 to use this method as it relies on the use of custom indicators which I had specifically built for this platform. You may not wish to conduct your actual trading off an MT4 platform but you will need to at least download a free demonstration version to enable you to conduct your trade analysis, and you could then place your actual trades on your own preferred broker’s platform.
If you do choose to open a live account with a MT4 broker, before making your decision on which broker to go with, I would like to recommend that you contact Justin and his staff at http://www.forestparkfx.international/?r=forestparkfx.
They will be able to match a reputable broker to your specific needs. It does not cost anything as they are compensated by the broker, and to make things even better, there is a chance that you may actually receive cash rebates back into your brokerage account as a result. I am not affiliated at all with Forest Park FX. I am however, a very happy customer and I would not recommend them otherwise.
Custom Indicators Required
As stated previously, there are a number of custom indicators required to trade this method. These custom indicators are as follows and will be provided with the downloadable package at the end of the book:
1.MACD Platinum
2.QQE Adv
3.QMP Filter
If any readers would like to build their own custom indicators based on these MT4 coded indicators, I would be happy to share the source code with you so you could arrange your own Programmer to build something similar on a platform of your choice.
The method also involves the use of multiple Moving Averages. These are a default indicator that can be found on just about any platform. Traders have been using these for years, as they stand the test of time.
I will also supply you with an MT4 template that you can add to your platform which will ensure your charts look the same as mine. It is up to the individual whether you want to use this, or whether you would rather design your own (you may not like my dark charts). In the downloadable package, I have also included a customized Excel spreadsheet to assist you with multiple trades if you are trading a specific way that I will mention later