The Forex VSD Trading System For MT4 is one that is designed for scalping the intraday markets. Despite the various indicators used in this indicator, they all complement each other and fit in perfectly into a full fledged trading strategy.
There are about eight trading indicators in use here. All of these can be quickly loaded by applying the template file that comes with the Forex VSD trading strategy. At the very core of this trading system is the moving averages. The Forex VSD system makes use of the 21 and 8 period moving average.
The moving averages primarily trigger the buy and sell signals that are generated. Following this, we have the VSD signal indicators. These indicators make up the signals from the one hour and 15-minute charts. Thus, the forex VSD system also encompasses the concept of multi-time frame trading strategy.
Following this, we have two sets of oscillators. The main oscillator is the Strong system which overlaps on the MACD oscillator. These two sets of indicators work together brilliantly. When the trend is up, the strong indicator plots blue while it plots red when the trend is weak or to the downside.
Within these bullish and bearish colors, we have the MACD indicator. When you combine these two, you can actually pick turning points within the trend, that is assuming that the prevailing trend is strong. Thus, the Forex VSD completes with the moving averages and the VSD signal indicator and the oscillators.
This is a great trading system that you will enjoy scalping in the markets. The learning curve is also relatively easy, so even beginners will feel comfortable trading with the forex VSD indicator. Despite the number of indicators used in this trading system, it is very light weight. Therefore, you can open this template across multiple currency pair charts.
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