The FX soni Trading System was developed by a trader called Janus. Since then, this trading system/strategy has proven to be a worthy trading tool for traders across the board. It suits expert traders as well as beginners.
The FX soni Trading System is easy to use since it requires very little knowledge of what is happening in the Forex market. The indicator used in this trading system does all the predictions and indicates when the trader should place a trade and exit the trade.
This trading strategy uses a number of Forex indicators which include:
- FxSoni_Entry_v3.a
- FxSoni_Entry_v3.b
- FxSoni_Trend_v3.1
- FxSoni_Trend_v3.2
- FxSoni_Trend_v3a
- FxSoni_Trend_v3b
Fig.1. The FX soni Trading System.
All this indicators are combined in one template and the trader only need to load the template and all the indicators will be displayed on the trading chart. When the indicators are displayed on the trading chart they are not named exactly as their fold. But that should not worry you, just go ahead and use the template as it is.
This trading system is designed to de used with 15 minute and above timeframes. This by default makes it a perfect choice for the forex scalpers. However, the scalper should ensure that he doesn’t use it with a timeframe below 15 minutes since the indicator may not give very accurate signal if used with timeframes below 15 minutes.
Also, the FX soni Trading System is for use with any currency pair of your choice. The choice of the currency pair to trade using this trading system completely lies on the discretion of the trader. There are no restrictions on what type currency pairs to trade. However, whenever the trader is choosing the currency pair to trade, he or she should ensure that the financial markets associated with that specific currency pair are open at that time.
Rules of how to use the FX soni Trading System
Before the trader starts to use the FX soni Trading System, he or she should ensure that he uses a timeframe above 15 minutes.
- Conditions for placing a buy order
The trader should place a buy order when the dotted line generated by the FxSoni_Entry indicator turns purple and gets below the candlesticks, an upward purple arrow is formed, the bars generated by the FxSoni trend analyzer v.1a gets above the zero line and are purple, FxSoni trend analyzer v.1b is purple in color and FxSoni trend analyzer v.1c bars turns to purple.
- Conditions for placing a sell order
The trader should place a sell red order when the dotted line generated by the FxSoni_Entry indicator turns red and gets above the candlesticks, an upward purple arrow is formed, the bars generated by the FxSoni trend analyzer v.1a gets below the zero line and are red, FxSoni trend analyzer v.1b is red in color and FxSoni trend analyzer v.1c bars turns to red.
Fig.2. Placing orders using the FX soni Trading System.
Open demo account to test this system.
Download Free Forex FX Soni Trading System
Leave a Reply