Chin Neti is a professional trader who has developed a highly profitable forex trading system called the Chin Neti Pip Collector. It has a 90% win rate, detects momentum swings in the market, and can collect 25 to 50 pips per trade. The system is easy to use and works with any currency pair and time frame. It is available for purchase with a discounted price through the link provided in the description. Back testing results show clear and accurate signals, and the system is designed to follow the trend and collect maximum profits.
The Chin Neti Pip Collector: A High Win Rate Forex Trading System
Introduction
As a professional trader with over ten years of experience, I have developed a specialized forex trading system called the Chin Neti Pip Collector. This system boasts a win rate of over 90% and is designed to be easy to use and to produce highly accurate signals. In this article, I will explain how this system works and how to install and use it.
Installing the System
Installing the Chin Neti Pip Collector is a simple process that should take no more than two minutes. After downloading the system, unzip the file and locate the indicators folder. Here, you will find four non-repainting indicators that I have personally coded: the arrows, candles, market info, and trend direction indicators. Copy these indicators to the MQL 4 folder in your MT4 platform. Next, locate the template folder and copy the template to the same folder in your MT4 platform. Once you have restarted your MT4 platform, you can open the Chin Neti Pip Collector template and begin using the system.
Trading with the System
The Chin Neti Pip Collector is a momentum trend-following system that is designed to help traders collect 25 to 50 pips per trade. If the trend is strong, it is possible to collect even more than 100 pips on a single trade. This system works with any currency pair and is best used with 30-minute and higher timeframes. However, some traders have reported good results even with lower timeframes, depending on their trading style and flexibility.
The arrows indicator gives buy and sell signals, indicating potential trading opportunities. However, it is important to note that trades should not be solely based on these signals. The trend direction indicator shows the current market trend, with an uptrend indicated by green and a downtrend indicated by orange. Finally, the market info indicator displays important information such as the current price, spread, daily high and low, candle closing time, and more.
To enter a buy trade, a trader should look for a green arrow on the chart, a white candle, and the trend direction line to be green. If all three of these criteria are met, the trader can enter a buy trade. Similarly, to enter a sell trade, a trader should look for an orange arrow, a red candle, and the trend direction line to be orange. If all three criteria are met, the trader can enter a sell trade.
Exiting a Trade
If a trader receives only two of the three signals, it is best to wait for the next opposite signal or for the trend direction line to change before exiting the trade. The email alert feature in the trend direction indicator can be activated to receive an alert when the trend changes, making it easier to exit a trade.
Why I Prefer Option Two as the Exit Strategy
Personally, I prefer option two as the exit strategy, as it cuts down on market noise and allows traders to ride the current trend and collect more pips. An example of this can be seen when entering a sell trade and choosing option one as the exit strategy. If a buy signal appears, the trade must be exited, potentially resulting in a loss. However, if option two is chosen and the trend direction line changes to orange, the trader can continue to ride the trend and potentially make a profit.
Back Testing Results
The Chin Neti Pip Collector produces very clear signals and has shown excellent results in backtesting on major currency pairs. For example, with USD/CHF, a sell trade could earn the trader around 25 pips, while a buy trade could earn around 50 pips. With GBP/USD, a sell trade could earn the trader around 180 pips, while a buy trade could earn around 110 pips. With USD/JPY, a sell trade could earn the trader around 240 pips. These results demonstrate the effectiveness of the Chin Neti Pip Collector.
Conclusion
The Chin Neti Pip Collector is a highly profitable trading system that is easy to use and delivers accurate signals. It is based on momentum trend-following, making it ideal for collecting pips in any currency pair. The system is easy to install, and traders can quickly learn how to use it to their advantage. I highly recommend this system to all traders who are looking for a reliable and profitable trading system.