Fiji Strategy is a complete trend-following forex trading system, used to spot market swing levels along with trade exit signals as well. Besides, it uses strong trend identifying tools like Heiken Ashi and Fiji Trend which are able to deliver the trend signals without any sorts of lagging issues.
Fiji Strategy is quite flexible as a trading system because it can be applied to trade all kinds of forex currency pairs. Moreover, this trading strategy suits all sorts of timeframe charts within the forex MT4 trading platform.
Download the strategy and install it in your MT4 system. Once completed, your trading chart will transform like the following image:
Explanation
Fiji BB: It is a Bollinger Band indicator, used to identify the possible swing areas of the market. If you’re looking for a long entry, you’ll need to wait until the price hits its lower band. For short entries, aim to enter sell from the upper band level of the indicator. In addition, you may also use these bands for determining the stop levels of the current trend.
Heiken Ashi: Heiken Ashi is one of the most popular trends defining indicators in the trading world. It uses a very simple technique for signaling the market trends. It turns white when the trend is bullish and turns yellow for confirming the bearish trend of the market.
Fiji Trend: Fiji Trend is a supportive trend indicator to Heiken Ashi. It applies a crossover between 5 MA and 11 ATR in the background and signals the market trend according to the crossover direction. For better understanding, follow its signal arrow direction for determining the next possible move of the market trend.
I have been actively trading the financial markets since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund that has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.
Risk Warning: Trading in the forex market is very risky. Thus, it is may not be for everyone. A highly leveraged position can work against the trader when the trade does not work as expected. Trading in the forex market can cause to lose a significant portion of the capital or all of the capital. It is crucial to learn about the trading and gain enough experience in the demo account before trading with real money. The trading strategies published on this website do not guarantee profit as the market is dynamic and unpredictable. The past performance of a strategy is not the indicative of future performance. Trend Following System will not accept any kind of liability or damage caused by trading the strategies published on this website.
