Forex FTLR Trading System
Forex FTLR Trading System:
Time Frame :5 min or higher
Pairs: all
Indicators:
Sixths Screen V.3.6 DC;
Stochastic (14, 5,5,);
Stochastic (21,9 ,9, );
Squalou and Steve’s Trade signals
Setup:
Sixths indi takes the high/low of the previous BarCount bars and divides this figure into sixths. The zone in between the green lines is a no-trade zone.
- Market must be above the top green line for short trading and below the bottom green line for long trading.
- Bollinger Bands (25) top line must be above the top green line for short trading and below the bottom green line for long trading.
- Stochastic (14,5,5) blue line must be >= 85 for short trading and <= 15 for long trading.
- Stochastic (21,9,9) blue must be >= 850for short trading and <= 20 for long trading.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex FTLR Trading System?
- Download Forex FTLR Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex FTLR Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
