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Forex Secret Protocol version 2Hello fellas. This is the Forex Secret Protocol system new version 2. I made it to be easier for you to trade, so now it’s pure mechanical. But enough talking, let’s move straight to the system itself.INDICATORSHere we have 11 newly coded indicators, 2 of them are plotted on the price chart and the rest 9 are located in separate windows.

The new trading system Forex Secret Protocol v2 consists of 11 indicators and is designed to trade on the timeframe M5 or higher. Forex Secret Protocol v2 (FSP v2) quickly gained popularity among a large number of traders because of its good results.

The system FSP v.2 can determine the long-term trend movement by the indicator FSP HTF Trend, and then use one of the rules of the strategy for opening positions (details in User Guide).

Characteristics of strategy Forex Secret Protocol v2

• Type of strategy: Indicator
• Platform: Metatrader4
• Currency pairs: Any
• Trading Time: Round the clock
• Timeframe: M5 or higher
• Recommended broker: Alpari

Strategy Forex Secret Protocol v2 has several options trade (conservative and aggressive), so please read in monuale that can download at the bottom of this post.

In general, the inputs in the long and short positions in the system intuitive and easy for you to understand them. See picture:

To open a Long position should be that the indicators turn blue. Exit during color changes to red:

This is an entry based on TrendSentry and Trendanator indicators.TRADING FOREX SECRET PROTOCOL v.2 SYSTEMFirst, we can trade this new FSP v.2 system as per original rules by using FSP HTF Trend indicator to determine the long term trend direction and then use one of the FSP Conservative Entry or FSP Medium Aggressive Entry. For FSP Aggressive Entry, we don’t need any higher timeframe confirmations and can place them as soon as we have a signal. For FSP Ultra Aggressive Entry, we have to use the FSP Fast Trend to confirm our entry and of course we need to have that huge move in the opposite site of our entry signal direction.Old entry typesConservative and Medium Aggressive long trade rules:1) FSP HTF Trend indicator to be colored blue showing that there is an uptrend going on at the moment.2) Some of FSP Conservative Entry or FSP Medium Aggressive Entry indicators to have one closed blue bar and the next current one to be blue also.3) Next if all the above conditions were met, a long entry can be placed.4) Stop Loss is set just below the last swing low point.5) Take Profit is set as per original FSP rules, depending the market and pair volatility or equal to Stop Loss.