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FSP Short Trend Forex Trading Strategy


DOWNLOAD “FSP Short Trend Forex Trading Strategy” – A popular short term trading strategy used by forex traders.

  • Time Frame: H4 or higher
  • Currency Pairs: GBPUSD

 

MetaTrader Trading Indicators
  • FSP Short Trend
  • Range & Spread
  • Heiken Ashi
  • FX FISH Mod2
  • DIGISTOCH

 

What is Short Term Forex Trading?

Short term is a relative term. Short term for a position trader could mean weeks. In contrast, short term to a scalper could mean less than a few minutes.

A short-term currency trader typically aims for small to moderate gains but initiates a large number of trades over a specified period.

Many short term traders feel that they can take better advantage of their “Edge” by relying on the large sample size that can be produced by frequent trading.

The more trades that the short-term Forex trader implements, the closer he can get to his perceived “Edge” over time.

How to install FSP Short Trend Forex Trading System
  • Download TraderVersity.Com-FSPShortTrendSystem (Zip File)
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators /
  • Copy the “TraderVersity.Com-FSPShortTrendSystem.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Metatrader Client
  • Select Chart and Timeframe where you want to test your forex system
  • Right-click on your trading chart and hover on “Template”
  • Move right to select TraderVersity.Com-FSPShortTrendSystem
  • You will see “FSP Short Trend Forex Trading System” is available on your Chart

 

BUY Rules

Trading NOTES

DOWNLOAD INDICATOR


  • FSP Short Trend: Aqua line
  • Heiken Ashi: Blue candle
  • FX FISH Mod: 2:
      • Blue histogram
      • The previous blue histogram above 0.1 level

 

SELL Rules

  • FSP Short Trend: Red line
  • Heiken Ashi: Red candle
  • FX FISH Mod: 2:
    • Red histogram
    • The previous red histogram below -0.1 level

 

Trading NOTES

Successful short term Forex traders have back-tested their trading strategies, either manually or thru computerized back-testing software.

The goal of many short-term day traders is to produce a steady monthly income based on the implementation of their strategy in the market.



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