• 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

Momentum Fast Trading

May 24, 2017 by Dominic Walsh Leave a Comment

Momentum Fast Trading is a forex trading system. Momentum Fast Trading is a momentum based forex trading system. The Momentum Fast Trading system is best suited for the scalpers and the swing traders. The beauty of this forex trading system is that it generates buy and sell signals through the help of the indicators that are in the main chart window and those signals are verified by the indicators that are in the indicator window. There are six technical indicators in this forex trading system. The Momentum Fast Trading forex trading system should be used in time frame higher than 5 minutes and it can be used in any currency pairs.

When you install Momentum Fast Trading in your trading platform, your chart should look like this:

Momentum Fast Trading

  • Moving Averages

Although the moving averages are one of the oldest tools in technical analysis, it still is one of the most powerful tools to determine the direction of the market. In Momentum Fast Trading forex trading system two moving averages are the main signal generator indicator. The crossovers of the two moving averages generate the buying and selling signal and those signals are verified by the indicators in the indicator window.

  • FXST

This indicator consists of histograms that move in positive and negative territory. The positive histograms indicate bullish signal while the negative histograms indicate bearish signal.

  • Nihilist

There are three versions of Nihilist indicators in this system. You should be buying only when all these indicators are green and you should be selling when all these indicators are red.

Buying Conditions Using Momentum Fast Trading.

Momentum Fast Trading

  • The market should be up trending.
  • Market should be rising from the recent swing low.
  • The pink moving average should cross above the yellow moving aveage.
  • The FXST histogram should be in positive territory.
  • All three Nihilist indicators should be green.
  • 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 the pink moving average crosses below the yellow moving average.

Selling Conditions Using Momentum Fast Trading.

Momentum Fast Trading

  • The market should be down trending.
  • Market should be falling from the recent swing high.
  • The pink moving average should cross below the yellow moving average.
  • The FXST histogram should be in negative territory.
  • All three Nihilist indicators should be red.
  • 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 the pink moving average crosses above the yellow moving average.

Download Free Forex Momentum Fast Trading Strategy

Forex Momentum Fast Trading Strategy

Our community traders work with XM.com brokerage company. If you are thinking to open demo or real forex trading account we recommend XM. They currently offer up to 5000$ bonus on your deposit find details below:

Open Forex Account

 

Open Forex Account

Filed Under: Free Metatrader Systems Tagged With: bar indicator, line indicator

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

  • 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 (10)
  • 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