FmFx Trading system is a forex trading system. This forex trading system is simple and trustworthy too. The system is a trend following system. This system will let you ride the trend at the bottom and exit at the top. FmFx Trading system doesn’t contain too many indicators so the chart looks pretty clean. This system can be used by beginners as well as experts. There are two indicators on the main chart window and one indicator in the indicator window. By the combination of these indicators you can get best results. However, you should be updated about the fundamental happenings as well. You cannot enter in the market ignoring the fundamentals completely. Sometimes, strong fundamental data can flip your results within few seconds. Your winning trade can turn to a losing one in the matter of seconds when you don’t consider the strong fundamental events.
When FmFx Trading System is correctly installed on your trading platform, your chart should look like this:
- Sidus V3
Sidus V3 is a technical indicator which is a combination of two moving averages. The moving averages are in red and yellow color. Sidus V3 indicator helps to figure out the overall market direction. When this indicator is trending higher, it is an uptrend and vice versa.
- Parabolic SAR
Parabolic SAR is a technical indicator. It is the combinations of green dots which appear above and below the price chart. When the Parabolic SAR green dots appear below the price, it is usually an uptrend signal and vice versa.
Force indicator is located in the indicator window of your chart window. This indicator consists of an oscillator which fluctuates in positive and negative territory. You should be buying only when Force indicator is in positive territory and vice versa.
Another good thing about this system is that you can know exactly when to enter in the market and when to exit. This can be known by the help of blue and yellow arrows that appear on the chart. When a blue arrow appears on the chart, it is a buy signal and when a yellow arrow appears above the chart, it is a sell signal.
Buying Conditions Using FmFx Trading System.
- Price should be above the Sidus V3
- Price should be above the Parabolic SAR.
- Force indicator should be in positive territory.
- A blue arrow should appear below the chart.
- Place your long position as soon as above conditions are met.
- Place your stop loss just below the recent swing low.
- Take your profit when force indicator enters the negative territory.
Selling Conditions Using FmFx Trading System.
- Price should be below the Sidus V3
- Price should be below the Parabolic SAR.
- Force indicator should be in negative territory.
- A yellow arrow should appear above the chart.
- Place your short position as soon as above conditions are met.
- Place your stop loss just above the recent swing high.
- Take your profit when force indicator enters the positive territory.
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