FOREX for LIVING: Master FS Forex Trading System

The Master FS Forex Trading System is a forex strategy that combines several indicators. It can be told that this is one of the safest trading system in the world. By using a combination of these indicators, the system will filters market noise and false signals. This Trading System gives complete information to the traders. This system tells whether you should buy, sell, or wait. Also it tells about signals strenght to execute your order positions. The accuracy of this system is the thing that makes many traders love with this strategy.

This forex trading system has about 12 indicators altogether but only 6 of them as the major signal generator indicator. Althought you are newbie trader you can also start trading using this forex trading strategy but you should have at least the basic concept of the market trend. When the installation of Master FS Forex Trading System successfully in your MT4 platform, it will look like this:

Master FS Forex Trading System

Indicators:

Pallada SE Bars
Pallada SE Bars is one of the major indicators of this strategy system. These bars lets you to know the general current trend of the market at a glance. When the bars are blue color it indicates that current trend is bullish while the red bars represents down trend pressure.
Moving Average
There are two period 30 MAs. One is applied to high price and the other to low price which makes them form like a channel. These MAs work to confirm the trend. When price bars is above these MAs line it is an uptrend and vice versa.
Arrows
There are several arrows with different color in this system. Any upward arrow indicates a long signal and any downward arrow is a short signal.
MACD
MACD consist of signal line and histogram, in this case you can focus only on histogram and forget red signal line. When histogram is above zero level, it means market trend is bullish and vice versa.
Trend Alex
This indicator displays the summary of moving averages on different time frames. When some time frames show same sign that means the current trend is strong. And this indicator also gives the information and tell the right time entering to trade in the market.
GMACD 2
This indicator generates trend signal whether the market is up or down trending. If the bullish trend it will be green color, while the red indicates bearish signal.

Master FS Forex Trading System Indicators

Trading rule:

BUY entry:

Pallada SE Bars indicator color is blue.
Market bars should holding above the two moving averages.
Upward arrows should appear below the market bars.
MACD histogram should be above its zero level.
Trend Alex indicator indicates bullish in most of the time frame and it recommends to open buy position.
GMACD 2 indicator generates bullish signal.
Place a buy position when all of the above conditions are met.
Put stop loss below the recent swing low.
Exit Buy when downward arrows appear above the market price bars.

Master FS Forex Trading System Buy condition

SELL entry:

Pallada SE Bars indicator color is red.
Market bars should holding below the two moving averages.
Downward arrows should appear above the market bars.
MACD histogram should be below its zero level.
Trend Alex indicator indicates bearish in most of the time frame and it recommends to open sell position.
GMACD 2 indicator generates bearish signal.
Place a Sell position when all of the above conditions are met.
Put stop loss above the recent swing high.
Exit Sell when upward arrows appear below the market price bars.