FTLR Forex Trading System
The FTLR strategy uses more on stochastic indicators and this indicator helps identify an oversold and overbought in the market. This system is useful in a 5-minute or higher timeframe and works in all currency pairs.
MT4 Indicators:
- Sixths Screen V.3.6 DC;
- Stochastic (14, 5,5,);
- Stochastic (21,9 ,9, );
- Squalou and Steve’s Trade signals
Trading Setup:
- Sixths indi takes the high/low of the previous BarCount bars and divides this figure into sixths. The zone in between the green lines is a no-trade zone.
- Market must be above the top green line for short trading and below the bottom green line for long trading.
- Bollinger Bands (25) top line must be above the top green line for short trading and below the bottom green line for long trading.
- Stochastic (14,5,5) blue line must be >= 85 for short trading and <= 15 for long trading.
- Stochastic (21,9,9) blue must be >= 850for short trading and <= 20 for long trading.
Recommended MT4 Broker
- Free $50 To Start Trading Instantly! (Withdrawable Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Claim Your $50 Bonus Here <<
Click here below to download:
So, while benefiting from this indicator is crucial, ensuring successful trades and reaping rewards requires continuous training with enhanced strategies. Don’t worry, we’re here to help.
We are a team of dedicated individuals, including a work-from-home dad and passionate forex trader, committed to helping you succeed in the forex market. As the driving force behind ForexMT4Indicators.com, we share cutting-edge trading strategies and indicators to empower you on your trading journey. By working closely with a team of seasoned professionals, we ensure that you have access to valuable resources and expert insights to make informed decisions and maximize your trading potential.
Want to see how we can transform you to a profitable trader?
>> Join Our Premium Membership <<
Benefits You Can Expect
- Gain access to a wide range of proven Forex strategies to make informed trading decisions and increase profitability.
- Stay ahead in the market with exclusive new Forex strategies and tutorials delivered monthly to continually enhance your trading skills.
- Receive comprehensive Forex training through 38 informative videos covering various aspects of trading, from using the MT4 Metaquotes platform to leveraging indicators for improved trading performance.