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DollarTrader FX Trading System
| To learn more about this system,
Call 312.987.0043 or Email us» . |
Developer: David Fox |
| Market Sector: | Forex |
| Markets Traded: | |
| System Type: | Mid Term |
| Risk per Trade: | varies |
| Trading Rules: | Fully Disclosed |
| Suggested Capital: | $30,000 |
| System Cost: | $1,500 Purchase $10 RT / transaction |
| Results Available?: | Contact us for Info |
| System Description: | The Dollar Trader was originally developed in 1990 by Dave Fox and the current version of the system that trades the currency futures contracts was released in 1996. The Dollar Trader is an intermediate-term trend following system composed of well-known technical trading tools such as parabolic SAR (stop and reverse), a Maxwell 25 day Average Modified Moving Average, and trailing stops to protect profits. The system logic is based upon Wells Wilder�s famous parabolic Indicator, which attempts to reduce the lag intrinsic to a trend system by adjusting for price at an increasing rate. The parabolic indicator can do very poorly in choppy markets, and the Dollar Trader system uses an Average Modified Moving Average (AMMA) to confirm the entry into trades. |
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