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 FXCORRELATOR FREE Trading system Hey all ! Many, many thanks for trying this Free introductory system   its fresh and innovative approach to individual G8 currency analysis makes it as powerful a tool as anything I’ve (personally) ever seen out there in the Trading cosmos and with some practice , experimentation and application it should provide you with a profitable trading system for years to come and perhaps a lifetime introduction to using strengthmeter trading tools . If  you are keen to develop your trading further, I believe this system will also whet your appetite for trying more advanced systems and trading methods (see later)   the innovative FXCorrelator has limitless potential once you can understand and observe Forex market behavior in this unique way. If  you get a chance, do read through my T2W Thread (that is still going strong as I publish this system guide in May 2012......or go to my Website FXCorrelator.com for more information where it shows the evolution of  this system and general strengthmeter technology that everything is based on The FXCorrelator truly Brings currencies to life! As you are probably aware by now if  you read my T2W thread ‐ my life never has enough hours in the day (who’s does ?) so I am a frustrated part time Trading system developer trying to transition across to full time professional trading (and teaching) alongside a very full time  job and other family commitments. My time will come, and yours will one day if  you have the focus, belief  and commitment to do it….. Who knows, perhaps we will make it at the same time! Over the years I have developed much more advanced Hybrids of  the FXCorrelator, and these may be marketed by my company (FXCorrelator Limited) in the future, incorporating the incredibly innovative World of  strengthmeter technology and market analysis ‐ something I believe is a revolutionary way to view and trade the Forex market   please contact me when you want to take that next step. I am always happy to collaborate on ideas so contact me for a chat.........especially if  you are a programmer as I am not a specialized programmer and always need help ! Meanwhile if  you have any questions at all ‐ please email me at [email protected] or post on the T2W Thread and someone will come running. So without further delay   let’s get you fired up and using the Free Indicator and system ! Best regards Neil (NVP) Oops   here’s the serious legal stuff…. pay attention all:Trading carries a huge degree of  risk and is NOT for Amateurs    once you start Trading with real money you must have a Professional  approach in all areas or you will fail In loading the FXCorrelator indicators you are agreeing to all of  the legal disclaimers posted on the T2W FXCorrelator Thread Terms and conditions.  We take no responsibility for any losses incurred using this information or related documentation Do not resell the indicators or the information contained in this publication. Please contact me if  you find anything being sold and we will take appropriate action 

Free FXcorrelator Intro System AUG 2013

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  • FXCORRELATORFREETradingsystemHeyall!Many,manythanksfortryingthisFreeintroductorysystemitsfreshandinnovativeapproachtoindividualG8currencyanalysismakesitaspowerfulatoolasanythingIve(personally)everseenoutthereintheTradingcosmosandwithsomepractice,experimentationandapplicationitshouldprovideyouwithaprofitabletradingsystemforyearstocomeandperhapsalifetimeintroductiontousingstrengthmetertradingtools.Ifyouarekeentodevelopyourtradingfurther,Ibelievethissystemwillalsowhetyourappetitefortryingmoreadvancedsystemsandtradingmethods(seelater)theinnovativeFXCorrelatorhaslimitlesspotentialonceyoucanunderstandandobserveForexmarketbehaviorinthisuniqueway.Ifyougetachance,doreadthroughmyT2WThread(thatisstillgoingstrongasIpublishthissystemguideinMay2012......orgotomyWebsiteFXCorrelator.comformoreinformationwhereitshowstheevolutionofthissystemandgeneralstrengthmetertechnologythateverythingisbasedon

    TheFXCorrelatortrulyBringscurrenciestolife!AsyouareprobablyawarebynowifyoureadmyT2Wthreadmylifeneverhasenoughhoursintheday(whosdoes?)soIamafrustratedparttimeTradingsystemdevelopertryingtotransitionacrosstofulltimeprofessionaltrading(andteaching)alongsideaveryfulltimejobandotherfamilycommitments.Mytimewillcome,andyourswillonedayifyouhavethefocus,beliefandcommitmenttodoit..Whoknows,perhapswewillmakeitatthesametime!OvertheyearsIhavedevelopedmuchmoreadvancedHybridsoftheFXCorrelator,andthesemaybemarketedbymycompany(FXCorrelatorLimited)inthefuture,incorporatingtheincrediblyinnovativeWorldofstrengthmetertechnologyandmarketanalysissomethingIbelieveisarevolutionarywaytoviewandtradetheForexmarketpleasecontactmewhenyouwanttotakethatnextstep.Iamalwayshappytocollaborateonideassocontactmeforachat.........especiallyifyouareaprogrammerasIamnotaspecializedprogrammerandalwaysneedhelp!MeanwhileifyouhaveanyquestionsatallpleaseemailmeatFXcorrelator@gmail.comorpostontheT2WThreadandsomeonewillcomerunning.SowithoutfurtherdelayletsgetyoufiredupandusingtheFreeIndicatorandsystem!BestregardsNeil(NVP)Oopsherestheseriouslegalstuff.payattentionall:

    TradingcarriesahugedegreeofriskandisNOTforAmateursonceyoustartTradingwithrealmoneyyoumusthaveaProfessionalapproachinallareasoryouwillfailInloadingtheFXCorrelatorindicatorsyouareagreeingtoallofthelegaldisclaimerspostedontheT2WFXCorrelatorThreadTermsandconditions.WetakenoresponsibilityforanylossesincurredusingthisinformationorrelateddocumentationDonotreselltheindicatorsortheinformationcontainedinthispublication.Pleasecontactmeifyoufindanythingbeingsoldandwewilltakeappropriateaction

  • 1)SystemRequirements

    AnydecentmodernPCorlaptopwilldothetrickthemorememorythebetter Internetaccessforthefeeds(Iwouldadviseasecurecablelinkforlivetrading/feeds) Metatrader4softwareinstalledonyourmachine(thissystemisavailableforMT4platformonly) AbrokerfeedfortheMT4livedata(wecannotrecommendanyonebutNVPpersonallyusesODLwhichis

    nowownedbyFXCM).Itispossibletousefreefeedsbutthismayrequirereloadingthesoftwareeverymonth,soitsbettertosignuptoaliveaccountanddepositminimalfunds.Thiswillgiveyouanuninterruptedservicegoingforward.AskonT2Wifyourenotsurewhotouse.

    ContactmeatFXcorrelator@gmail.comwithanyqueriesontheaboveifneeded2)TheIndicatorandloadinstructionsOkwearegoingtoassumeyouhaveaniceshinyMetatrader4platformupandrunningonyourcomputer(see1above)anditsonabrokerplatformthatwillprovidethefeeds.Thefirstthingweneedtodoisloadupthenewcustomisedindicatorsyouwillbeusing.Hereshow(pleaseskipthissectionifyouknowhowtoinstallindicatorsforMetatrader)WhennavigatorisopenYouaregoingtobecopyingthemintothecustomindicatorfoldershownbelow

    locatethefileembeddedinthepostthisisattachedtoandcopyitovertothefolderareaaboveorhereitisagainwiththefulladdressIhaveinmylaptop

  • ColourkeytothesystemUnlessstipulatedseparatelyintheIndicatorthefollowingcoloursapplyGreen=USD,Yellow=Yen,Blue=Euro,Red=GBP,LightBlue=NZD,Orange=AUD,Brown=CAD

    FXCorrelator20maSystemTemplateneeded:1)FXCorrelatorona20maplacedonaUS30(Dow30)chartInstructions:loadaUS30(Dow30)chartontoyourplatformsetitto1HrAdda20SMA(andbandsusingthemasettingifyouwanttogaugethestrengthofthe20matrend)

  • NowloadintheFXcorrelatorindicator(intheThreadPost)andsetiton20ma

    RULESThesystemisverysimplebuteffective..onlytradewhen1)TheyellowyenandGreenUSDareabovetheZeroandtheDowisbelowits20ma2)TheyellowyenandGreenUSDarebelowtheZeroandtheDowisaboveits20maIwouldrecommendyouonlytradeUSDpairsandthetradingpartnertotheUSDisuptoyou.....thissystemprovidesanedgetogiveyouthepredictivedirectionoftheUSD!

  • PersonallyIwouldalwayschoseacurrencythatisontheoppositesideoftheZerototheUSD.....sointheexamplebelow(buyingUSD)theoptionsofsellingtheCHF,EURO,AUDandtheNZDatentrypointareshownbelow:

  • AndheresanearliersignalsellingtheUSDbelowwithjusttheAUDandNZDonofferatsignal:

    OtherbitsandpiecesAddingmoreRulesThisisaveryverybasicintroductiontotradingstrengthmetersandusingmarketcorrelationprinciples......itsthetipoftheiceberginmyworld...andmyjourneycontinuesintakingtheseapproachestothelimits...weareeternalstudents!Onceyougettherulesandplayalittlefeelfreetoexperiment....Iwouldsuggestyoufocusonthefollowing1)Varythemasetting2)Combinemultiplecharts(use2or3settingsforconfirmation,multipletimeframes......etcetc)3)Observedynamics/behavioursoftheG6currencies(nonUSDorYEN)togiveanedgeincurrencypairchoice4)addbandingstogetabetterfeelingforpricemovementstrengthandmomentum5)PerhapsignoreMAsandmovetopriceactionprinciplesonthechartsusing500+masettingsADDENDUMRULESaddedin2013NotethatifyouwanttogeneratemoresignalsandbeinthemarketmorethenIsuggestincorporatingthefollowingamendmenttothestandardrules:

  • 1)IftheUSDandYENareontheSAMEsideoftheZerolineTRADETHEM.regardlessoftheDOWsposition2)ifthe2CurrenciesareonopposingsidesofthezerothenusetheDOWtodecidewhatcurrencytotrade:a)ifDowisAboveitsSMAtradethecurrency(USDorYen)thatisbelowtheZEROlineb)ifDowisBelowitsSMAthentradethecurrency(USDorYen)thatisAbovetheZEROlineandinthesecasesitisquiteacceptabletoTradeUSDJPYasapairtrade.asthevolatilityofthemovecouldbemoreprofitablethatotherpairsonofferAllofwhichmustbealignedtogoodbasictradingprocessesregardingmoneymanagementandobservationofallcurrentEconomicnewsandeventsthatwillbemovingthemarketTimeZonesMyobservationsarethesameasmosttradersonthissolookforactiveperiodswhenothermarketsareinfullswingandpreferablytheUSortheEuropeansessions.FormeintheUKIwouldalwayslooktobeactivefrom7amto11amish,thenletthemarketssettleintotheUSopeningbeforetryinganafternoonsessionaswell.EveningsessionswithUSmarketsareperfectlytradableasUSequitiesarekeytomovingmarketsInterestinglyformewhenIpostmymorningovernightposts(T2W)IalwayscommentontheForexmovementsvs.FarEasternmarkets,andtherearemanyoccasionswherethetagteamhavemovedsmoothlyinresponsetomarketrisesorfallsallowingsomelovelytradesalluninterruptedbyEuropeanandNorthAmericaneconomicnewsreleasesthatplaguethemorenormaltradinghours.WatchhowcurrenciesbehavewhentheyarenotintheirownrelativeTimezonemarketopenperiods,itisfascinating.Forexhoweverisa24/7business(exceptformostoftheweekend)sotradewhenyouwant!TimeFramesTheFXCorrelatorsystemsworkinanytimeframe,howeverthe1hrandhighers/bemoreconsistentlyprofitableEntryandExitlevelsInalloftheindicatorsIuseitisimportanttowaituntilthepricebarclosesandconfirmsthesignalyouarewaitingfor.TheFXCorrelatorisverysensitiveespeciallyonthelowerTimeframes!Youwillfrequentlyseethecurrencylinescrossthezerolevelsandeachotherduringthetimebarsduration,onlytofallbackandwithdrawfromthesignalwhenthebareventuallycloses.ThisisthenatureofALLsignalsandyouwillseethisinanypairchartorindicatorsobepatientandletitclose!(SometimesIdontwait,andIwinorlosebasedonmyimpatience!)Yourmoney,yourchoiceRegardingExitpointsfortrades?Youwillseenothinghereregardingmyadviceonthis,why?BecausewhateverIsayyouwillprobablyfindtheoppositewillhappenonthenext3tradesyoutake!SeriouslyIcouldwriteabookonexitstrategies,becauseformanytradersitsevenmoreimportantthantheentrypoint.Forscalpingthatsrelativelyeasy,pickyourpairsyouregularlytrade,workoutthe1min/5minATRsforthescalpsyouarehunting,andafterentrybereadytothenexitonthepriceachievingthesetargetsbeforethemarketinevitablyretraces.ThesystemdescribedaboveneedspracticeandWILLprovideexcellententrysignals.Remembertheydemandcurrencylinestobeabove/belowcertainlevelstoinitiatethetrade,soonceyouareinthetradekeeponeeyeonthepairchartbeingtraded(naturally!),butalsokeepansecondeyeontheindicatorthatgotyouin,andifthatindicatorstopsregisteringthesignalthatgotyouintothetradeTHATISAWARNINGTHEPARTYMAYSOON

  • BEOVER!.....socertainlytightenstopsatthispointorevenejectinascalpsituation.Icannotteachyouthis.itscalledexperience,sopracticepracticepractice!MoneyManagementandLeverageHeycmonwearealladultshereright?Justdontbestupidwithyourtrading(orGamblingwhateveryouwanttocallit).IgrewupinafamilyofUKBookmakersandhavewatchedfartoomanygamblersloseeverypennytheyhad(andmore)andspendtherestoftheirdays(someshorterthanothers)inmiseryanddespair,destroyingfamiliesandotherlivesalongtheway.HoweveryouwanttotreatyourTrading,assoonastherealmoneystartsbeingtradedyouhavetotakefullresponsibilityforallyouractionsandplaytowinatalltimesasaprofessionalTrader.

    YoustopbeingaAmateurwhenyouputrealmoneydown.Everytimeyoutrade(havingtakeneveryprecautiontoensurethesignalispureandcorrect)youstillneedtorealizethateventhegreatesttradersintheworldlosemoneyonfailedtradesonafrequentandregularbasis.Itspartofthecostofdoingbusiness.Likerestaurantshavealotoffoodpreparationwastage,youcantavoidit,butyoucancertainlyensureitskeptittoaminimumatalltimesthroughgoodprocessesandrigiddiscipline.

    PleaseensureyouaretotallyproficientandcomfortableontheparticularFXCorrelatorindicatoryouareusingbeforetradingrealmoney

    Dontoverleverageyouraccount(donttradewithrealmoneyuntilyouunderstandwhatthehellIamtalkingabout)andIwouldsuggestusing2%ofyourBank(themoneyyouhaveallocated/writtenofftotradingfullylosable)toeverytradeyoudo.Dontgradeyourtradesandallocatemoneyaccordinglyasignalisasignal,sowhatthehellareyoutakingalessthantopgradesignaltradeforanyway?MyCorrelatorindicatorandanyderivatives(whenusedproperly)isdesignedtogiveyouthebestchanceofselectingacurrencymovingupwardsandalsoonemovingdownwards.AsIhavementionedbeforeinmyT2Wthread,allIneedtodoisgetjust1currencydirectioncorrect(andespeciallyifitisthemoreVolatilecurrencyofthepairchosen)toensureIdontloseonthetrade.Thisequatesoveralltomy(pureG8Forex)tradestargetinga25%chance(orlesswithexperience)oflosingonanytradetaken.Combinethe2%of(cumulative)bankpertradewiththispercentageaboveandyouwillmakesteadyprofitswithexperienceandpractice.

    TradingcarriesahugedegreeofriskandpleaserefertomylegaldisclaimersonallFXCorrelatordocumentsandIndicators.

    YourJourneystartsInthefewpagesaboveIveonlyjustscratchedthesurfaceondemonstratingwhatthisamazingindicatorandfamilycando.MyjourneycontinuesinfindingnewwaystomakethisIndicatoraprofitabletradingtool,andIwouldloveyoutojointhefamilyperhapsdiscoveringtradesandsignalswhicharestill(asyet)hiddeninsidetheFXCorrelator.OkallImgoingtohavetogonowyouknowhowtocontactmeandmyteamatFXCorrelator@gmail.comonanyquestions.Butpleasereadthewholeofthisdocumentafewtimestounderstandwhatshappening,plusreadthemegathreadatT2Wformorebackgroundknowledge.Themoreyoupracticeandeyeballthechartsthemoreyouwillunderstandwhatishappeningandthefantasticwaytheseindicatorspresentrelevanttradingdataandsignals..theFXCorrelatortrulyBringscurrenciestolife

  • BestregardsNeil(NVP)

    DEDICATIONIwouldcertainlynotbeinvolvedinTradingwithouttheinfluenceofachildhoodspentinacloselovingfamilywheremyFatherandGrandfatherwereveryastuteandsuccessfulBookmakers(andalsoprofessionalgamblersforalongandprofitableperiodinthe60sand70s)Thegamblingindustryisinmyblood,andalwayswillbe..Sadlyallofmylovingfamilyarelongdepartednow.....GodBlessandIthinkofyoualleveryday