Effective Trading with Forex FISH TOP TREND System and Strategy

This is Highly Effective FISH System and Strategy with TopTrend filter –  TopTrend or also known as BBands Stop indicator default settings (10, 2).

TopTrend indicator can be your helping hand in confirming a trend, identifying trend change and setting stops.

TOPTREND appearance is pretty much self explanatory.

What should be added is that TOPTREND if used alone won’t be able to save traders from losing in the Forex market. While it performs outstandingly well during good trends, it faces a fiasco during sideways channeling market.

The settings for TOPTREND forex indicator could be changed to fit any particular favourite currency pair and a time frame.

Recommended Article:  Forex TMA WATR Trading with Accelerated Awesome and RSI Trend Momentum Filter

 

Forex FISH TOP TREND Trading

Forex TOPTREND trading system is far simpler to trade with comparing to its original (Bolinger Bands trading system). Using this trading system and indicator you will easily get to know in which trend type is the market and opening position is fairly easy following few simple rules.

I’ll try to keep it as simple as possible explaining you how to trade with Forex TOPTREND trading system.

  • Time Frames: M5 or higher
  • Currency Pairs: Any
MetaTrader 4 Trading Indicator
  • FX FISH
  • SHI Signals
  • Trader Wawasan
  • TopTrend

 

How to install “Forex FISH TOP TREND System
  • Download “ForexWOT.Com-FishTopTrendSystem” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “ForexWOT.Com-FishTopTrendSystem.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 “ForexWOT.Com-FishTopTrendSystem” trading  system and strategy
  • You will see “Forex FISH TOP TREND System” is available on your Chart
Recommended Article:  Support-Resistance Indicator and Trading System

 

BUY Rules

  • TOPTREND Indicator red above bearish candles
  • TraderWawasan T3 orange and downward below TOPTREND indicator
  • FX Fish red and below 0.2 line

 

SELL Rules

  • TOPTREND Indicator blue under bullish candles
  • TraderWawasan T3 blue and upward above TOPTREND indicator
  • FX Fish green and above 0.3 line

 

Trading NOTES


Using Forex FISH TOP TREND System and Strategy allows you as a trader to identify range bound or trending environments and then find higher probability entries or exits based on their readings. Reading TOPTREND trading system is as simple as putting them on the chart.

Recommended Article:  Highly Profitable Forex Trend Momentum Trading System and Strategy for Intraday Trading

Forex FISH TOP TREND System is Highly Effective. But don’t be greedy.

Being too greedy is like playing with fire.
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