Forex currency strength-FSK Software. This is a two indicator system. Support Resistance and dot. The dot indicator is repaint. So you can’t trade along with dot indicator. You must combine the forex support & resistance indicators. It will give confirmation about reversal. You can use this system for any currency pairs. But, recommended to major currency pairs. Which are EUR USD, AUD USD, USD JPY, USD CHF, GBP USD, NZD USD, USD CAD. Also, you can use cross currency pairs. which are GBP JPY, EUR JPY, GBP CAD, AUD CAD, EUR NZD,….etc..
How to install this Forex currency strength-FSK Software.
Download Forex FSK template> re start meta trader plat form> go file menu> open data folder> open template folder>insert tpl.file> open MQL4>open indicator folder> insert indicators> re start meta trader plat form> load any currency pair chart> insert template.
How to enter for a buy trade with this forex template? If the price touches the yellow line, if appear green dot with a yellow line, at that time, you can enter for a buy trade. When you want to enter sell trade, wait until met following combinations. If the price touches the yellow line, if it appears red dot with a yellow line, at that time, you can enter for a sell trade.
You can exit your trades from the following methods. If you get an opposite forex signal from the dot indicator you can exit from trades. Otherwise, you can exit with target profit pips. Also, you can exit with near forex support &resistance level. If not you can wait until appear opposite dot with yellow support & resistance level. Place stop level to higher high or lower low level. Otherwise, near support & resistance level you can use to place stop loss level. Don’t enter to trade high impact news time. Don’t trade in every minute. Select the best market session to get the best results. Also, if you need to add any trend indicators to filter your strategy.
Buy forex trade
Green Dot.
Current market price above the Gold line.
Sell forex trade
Red Dot.
Current market price under the Gold line.
