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Indicators: FSP Aggressive Entry.ex4, FSP Conservative Entry.ex4, FSP Conservative Trend.ex4, FSP Fast Entry.ex4, FSP Fast Trend.ex4, FSP HTF Trend.ex4, FSP Medium Aggressive Entry.ex4, FSP Range & Spread.ex4, FSP Short Trend.ex4, FSP Ultra Aggressive Entry.ex4, FSP Ultra Conservative Entry.ex4 (Unlocked), Template: Forex Secret Protocol V2.tpl, NO MANUAL.
Buying Conditions for Forex Secret Protocol Version 2
The entire Forex Secret Protocol (FSP) indicator must appear completely blue on the chart, just like in the example above.
Place your stop loss just below the most recent swing low to protect your position.
Take your profit as soon as any part of the indicator changes color or disappears from the chart.
Selling Conditions for Forex Secret Protocol Version 2
The entire Forex Secret Protocol (FSP) indicator must be fully red on the chart.
Set your stop loss just above the most recent swing high to limit risk.
Take your profits when any part of the FSP indicator changes color or disappears.
Forex Secret Protocol Version 2 Overview
Forex Secret Protocol (FSP) Version 2 is a trend-following trading strategy that might look complicated at first glance due to the number of indicators involved. However, in reality, it’s quite straightforward and effective. This system uses a total of 11 technical indicators—two appear directly on the main price chart, while the other nine are displayed in a separate indicator window.
Because of its flexibility, different traders can use FSP Version 2 in their own way. Aggressive traders and conservative traders may approach it differently, as the name suggests. To maximize our chances of success, though, we focus on trades that have a very high probability of winning.
The 11 Indicators Used in Forex Secret Protocol Version 2
FSP Range and Spread:
This indicator measures the current chart’s visible range, essentially showing market volatility. It also displays the remaining time on the current candle and the spread for the currency pair. This helps traders know if the market has enough movement to offer good trade setups.FSP Short Trend:
Built on innovative calculations derived from the regular TrendSentry, this indicator identifies the short-term trend direction.FSP Conservative Trend:
This combines signals from three core indicators—TrendSentry, TrendEnforcer, and Trendanator—to deliver the most reliable and secure trend direction, hence the name “Conservative Trend.”FSP HTF Trend:
Traditionally, traders switch to higher timeframes to confirm the long-term trend. This indicator eliminates that need by providing the higher timeframe trend directly within the current chart.FSP Fast Trend:
Showing the higher timeframe Trendanator color, this indicator supports the confirmation of ultra-aggressive trade entries.FSP Ultra Conservative Entry:
This is a newly added entry type. It combines the original Conservative Entry criteria with a break of the Trendanator’s bands to signal the safest and most secure entry points.FSP Conservative Entry:
Indicates when conservative entry conditions are met, signaling a cautious approach to entering trades.FSP Medium Aggressive Entry:
Highlights moments when medium aggressive entry signals occur, balancing risk and reward.FSP Aggressive Entry:
Shows when more aggressive trade entries are possible.FSP Ultra Aggressive Entry:
Indicates the most aggressive entry signals, suited for traders willing to take higher risk for potentially bigger rewards.FSP Fast Entry:
This entry is based on combined signals from TrendSentry and Trendanator indicators, aimed at capturing faster trade opportunities.
This system’s versatility allows traders to pick their preferred style—from ultra-conservative to ultra-aggressive—while relying on a solid foundation of trend analysis. By focusing on high-probability setups, Forex Secret Protocol Version 2 helps keep trading decisions simple and effective.
