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#599 FX Blood Trading System and Strategy


Forex Blood Trading System and Strategy – FXBlood is a forex strategy based on trend indicators with RSI indicator and MA indicator.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: M30 or higher
  • Currency Pairs: GBPUSD, EURUSD, USDJPY, GBPJPY, USDCAD, and AUDUSD

 

MetaTrader Trading Indicators
  • FX Blood 4
  • FX Blood 5
  • FPT TD LineBFP
  • RSI

 

How to install “FX Blood Trading System

  • Download “TraderVersitycom-FXBloodSystem” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersitycom-FXBloodSystem.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersitycom-FXBloodSystem” trading  system and strategy
  • You will see “FX Blood Trading System” is available on your Chart

 

BUY Rules


  • FX Blood 4: Blue bars
  • FX Blood 5: Blue line
  • FPT TD LineBFP: Blue line and blue dots
  • RSI line: upward and above the level 60

 

SELL Rules

  • FX Blood 4: Red bars
  • FX Blood 5:  Red line
  • FPT TD LineBFP: Red line and red dots
  • RSI line: Downward and below the level 40

 

Trading NOTES
  • For a prudent approach entry in the market only when the price is above or below line FTP and is confirmed by three indicators.
  • Set SL at the lower or higher bar entry
  • Best Risk reward Ratio 1:2 or 1:3
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


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