• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

FS30 Gold System

June 18, 2015 by Dominic Walsh 5 Comments

FS30 Gold System is a forex trading strategy that is designed to trade in foreign exchange market. This trading strategy can be applied in any time frame from 5 minutes or above. This trading strategy can be used by swing traders to swing trade. Trades can be executed in both directions (in the direction of the major trend and counter trend) but for getting the best results we only trade in the direction of the major trend. Trading in the direction of the major trend always pays off. FS30 Gold System doesn’t use too many technical indicators so that the charts don’t look too messy. The charts look absolutely clean and simple to trade. The system itself is created using advanced formulas which makes the system really effective to trade in the real time market. There are various ways to trade using this system since this system is flexible to trade in many ways. In this tutorial we will be focusing to trade in the simplest way possible because we love simplicity.  Simple things work in forex trading but overcomplicated things won’t so we should always try to keep things simple as much as possible.

When the system is correctly installed your chart window should look like this.

FS30 Gold System

Arrows: These are the arrows that appear below and above the price chart. When the market is trending upward a teal colored arrow pointing upward appears below the price chart. Conversely when the market is trending down a red colored arrow pointing downward appears above the price chart. These arrows are the main signals for our trade executions. We would be looking for buy positions when an arrow pointing upward forms below the price and vice versa. Arrows can be seen in different sizes. Smaller arrow means minor corrections whereas large arrow means larger corrections or trend reversals.

FS30 Oscillator: It is a momentum indicator which looks similar to Relative Strength Index (RSI) but it is customized using different formula. FS30 oscillator can be found in two different colors; dark golden and grey. Basically when the market is up trending the FS30 oscillator is grey in color and the oscillator is dark golden in color when the market is down trending.  We use FS30 oscillator for figuring out the divergence and for figuring out the potential reversals.

Buying Conditions using FS30 Gold System.

FS30 Gold System

  1. You should see a green arrow pointing upward below the price chart
  2. It’s more confirmed if you see a bullish divergence like in the above chart.
  3. Place your stop just below the recent swing low.
  4. You should take your profits when you see a red arrow.

Selling Conditions Using FS30 Gold System.

FS30 Gold System

  1. You should see a red colored arrow pointing downwardabove the price chart
  2. It’s more confirmed if you see a bearish divergence like in the above chart.
  3. Place your stop just above the recent swing high.
  4. You should take your profits when you see a teal colored arrow.

Open demo account to test this system.

Download Free Forex FS30 Gold System

Download FS30 Gold System

Test Forex Strategy #2 and Share Your Opinion At Coment Seaction Below!

Filed Under: Free Metatrader Systems Tagged With: arrow indicator

Comments

  1. C Lim says

    June 18, 2015 at 12:39 pm

    Hi Dominic

    Have purchased some of your systems and they are all great. It is a matter of personal choice which system one uses to trade with. The ‘free’ FS30 Gold System looks great too – with simple and uncluttered charts & clear signals, and I am going to try it on demo. Thanks so much for generously sharing such excellent trading systems!

    Reply
  2. Michael says

    June 18, 2015 at 12:58 pm

    Hi Dominic,

    I have just tried to download the FS30 Gold System. However I am having a problem of where to download it too. i.e Templates, Indicators, the ? is where, your instructions leave no clue. I use MetaTrader 4.

    Can you please help

    Reply
  3. Dominic Walsh says

    June 18, 2015 at 1:02 pm

    Hello Michael,

    Try to follow this video guide: https://www.youtube.com/watch?v=bATN4WRkfwk

    This guide should load all indicators correctly.

    New MT4 600+ built installation guide

    Open MT4 platform. Click: File/Open Data Folder. Inside click:
    MQL4/Indicators – and paste all system indicators. Do same with
    template at File/Open Data Folder/templates.

    After finished restart you MT4 platform for changes to apply.

    Best Regards,
    Dominic

    Reply
  4. Alexander says

    June 18, 2015 at 2:15 pm

    Hi Dominic,
    I wanna say thank you. Your letters almost everywhen are interesting.
    I will try this system on my demo account.

    Reply
  5. Jude M says

    June 20, 2015 at 9:33 am

    Helo Dominic! Thank you for the free trading softwares you have developed for trading on mt4 platform. It have increased my interest in forex and I have tremendousely improved in my study.
    Thanks once again for the revolutionalised trading indicators.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • July 2022 (1)
  • June 2022 (6)
  • May 2022 (8)
  • April 2022 (5)
  • March 2022 (7)
  • February 2022 (6)
  • January 2022 (7)
  • December 2021 (1)
  • November 2021 (4)
  • October 2021 (3)
  • September 2021 (4)
  • August 2021 (2)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (7)
  • April 2020 (9)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (14)
  • August 2018 (5)
  • July 2018 (8)
  • June 2018 (3)
  • May 2018 (9)
  • April 2018 (3)
  • March 2018 (9)
  • February 2018 (9)
  • January 2018 (13)
  • December 2017 (12)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (30)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2022 Forexobroker

Copyright © 2022 · Magazine Pro Theme on Genesis Framework · WordPress · Log in