FPS trend is a forex trading system. FPS Trend is a very simple forex trading system. FPS Trend is a very simple and very reliable forex trading system. FPS trend was well tested in a real market environment and it was optimized so that these indicators are perfect fit to trade in the forex market. In forex trading discipline is everything. Those who are disciplined enough to follow the rules of the system, those are the kind of people who succeed in forex market. FPS trend can be used in wide range of time frames and multiple currency pairs.
When you install FPS trend indicator in your trading platform, your chart should look like this:
- Moving Averages
There are three moving averages used in this forex trading system. Yellow moving average moves fastest and green moves quite slower than yellow. Red moving average moves slowest. Crossovers of these moving averages are helpful to determine the direction of the market.
- FPS Trend
In this forex trading system you can see two versions of FPS trend indicator. Both are basically same but they are different in the parameters they take. Therefore, when you use both of them to verify your trades your chance of winning gets higher.
Buying conditions Using FPS Trend.
- The forex pair should be up trending.
- Market should be above all of the moving averages.
- Both FPS trend indicators should form green bars.
- Place your buy position when above conditions are met.
- Place your stop loss below the recent swing low.
- Take your profit when FPS trend indicator turns red.
- The forex pair should be down trending.
- Market should be below all of the moving averages.
- Both FPS trend indicators should form red bars.
- Place your sell position when above conditions are met.
- Place your stop loss above the recent swing high.
- Take your profit when FPS trend indicator turns green.
Download Free Forex FPS Trend Strategy
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