Fx Soni Trading Systems trading strategy for trend trading

Good day dear readers of ForTrader.org traders magazine. Today we will consider the Fx Soni Trading Systems trading strategy for trend trading. I didn't manage to find any detailed information, so I describe it as I would use it.

Input parameters

• Currency pairs: any
• Timeframe: M15 - H1
• Trading hours: 24 hours a day
• Type of strategy: trending, indicator

Installing Fx Soni Trading Systems trading strategy

The Fx Soni Trading Systems trading strategy is installed in a standard way. If you have done everything correctly, your desktop terminal should look something like this:

Used indicators

The trading system Fx soni Trading Systems has five indicators: four of them act as a filter, the fifth shows the entry point.

• Fx Soni Entry v3a - this indicator displays entry points in the form of up and down arrows in red and blue. The settings are closed, the only thing you can do is turn on the sound alert.
• Fx Soni Entry v3b - this indicator is displayed as blue and red dots above and below the price. In fact, the analogue of the standard Parabolic Sar. It acts as a trend filter in the system. Blue points are bullish trend, red points are bearish trend.
• Fx Soni Trend Analizer v1a - the indicator is located in the first additional window in the form of a histogram of blue and red. The indicator is author's, all settings are closed. It acts as a filter in the system.
• Fx Soni Trend Analizer v1b — индикатор находится во втором дополнительном окне в виде синей и красной линии с точками. В системе исполняет функцию фильтра, синяя линия – тренд бычий, красная линия – тренд медвежий. Индикатор авторский, все настройки закрыты.
• Fx Soni Trend Analizer v1c - the indicator is located in the third additional window in the form of red and blue bars. In the settings you can set the number of bars on the basis of which the calculation is made. Performs the function of the filter, the blue bar is bullish trend, red - the trend is bearish.

In fact, the settings of all indicators are closed, so that the system cannot be optimized and can only be used in this form.

Signals of Fx Soni Trading Systems trading strategy to buy

• We enter a buy position if a number of these conditions are met:
• The Fx Soni Entry v3a indicator draws a blue up arrow.
• The Fx Soni Entry v3b indicator draws a blue dot.
• The histogram of the Fx Soni Trend Analizer v1a indicator is blue and is above the 0 level.
• The Fx Soni Trend Analizer v1b indicator line is blue.
• The Fx Soni Trend Analizer v1c indicator bar is blue.

Some indicators are overdrawing, so let's enter on a closed bar.

Fx Soni Trading Systems trading strategy signals to sell

• We enter a sell position if a number of these conditions are met:
• The Fx Soni Entry v3a indicator draws a red down arrow.
• The Fx Soni Entry v3b indicator draws a red dot.
• The histogram of the Fx Soni Trend Analizer v1a indicator is red and is under the 0 level.
• The Fx Soni Trend Analizer v1b indicator line is red.
• The Fx Soni Trend Analizer v1c indicator bar is red.

Some indicators are overdrawing, so enter on a closed bar.

Setting stop-loss, exit the position

Stop-loss is set in a classic way, namely, at local minimums and maximums, as well as important levels. If you find it difficult to find such levels, I advise to look at " indicators for MetaTrader 4" and pick yourself an indicator-helper. You can also put a stop loss on the points of the Fx Soni Entry v3b indicator, but sometimes this stop loss is not enough, so look at the situation. The author of the strategy recommends exiting the position when the histogram crosses the 0 level.

Money Management

Having analyzed the historical data, we can see a sufficient number of lagging signals, so the percentage of risk per position should not exceed 1% of the deposit.

Personal opinion

During the description of the system components, I always describe the possible parameters for optimizing the indicators, give information on what the indicator was created based on. In our case, all settings are actually closed. This disadvantage does not allow us to optimize it, make it more profitable or just adapt it for your trading style. But if to look at the trading strategy Fx Soni Trading Systems in general, the indicators are well selected and it can be freely used both by beginners and professionals. Have a good trend and do not forget to share your impressions in the comments)

Download Fx Soni Trading Systems trading strategy template and indicators

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