The FVT Trading System trend trading strategy is a classic combination of trend indicators with oscillators with additional filtering of trading signals.
Input parameters
- Currency pairs: any.
- Timeframe: M15 and higher.
- Bidding time: any.
- Risk management: after calculating the stop loss, choose such a lot volume so that the risk is no more than 2-5% of the deposit for one transaction.
Indicators Used
- T3 Clean
- Moving average 200 (optional);
- Ema 89 close (optional);
- EMA 55 close, (optional);
- EMA 21 close, (optional);
- Signal bars
- Strength Candles> 60;
- FVT Signal;
- 1 indicator;
- 2 indicator;
- volatility qualitiy nrp (optional);
- Ssl Fast (optional);
Setting indicators and strategy template
- Unpack the archive with templates and indicators.
- Copy the indicators to the MQL4 -> indicators folder.
- Copy the template to the templates folder.
- We restart the terminal.
- Open the chart of the desired currency pair.
- Install the template named FVT Trading System.
The graph should look like this:
Signals indicating the opening of a long position (purchase)
A blue bar appeared on the histogram below the price chart.
A green dot appeared in the same window.
Stop loss is set just below the nearest local minimum.
Signals indicating the opening of a short position (sale)
A brown bar appeared on the histogram below the price chart.
A red dot appeared in the same window.
Stop-loss is set just above the nearest local maximum.
Before opening the transaction, experts also advise you to pay attention to the direction in which the moving average fan is opened. If the fan is opened upwards, it is not recommended to open short positions. Conversely, if the fan is opened downward, it is not recommended to open long positions.