Scott Fredeman

Background on Scott Fredeman

• Scott Fredeman is a recognized trader within the Forex community.
• He shares trading strategies and set files for automated trading systems.
• His contributions are particularly noted in forums and trading platforms, including valuable user feedback.

Trading Strategies by Scott Fredeman

• Developed a PRICE ACTION STRATEGY aimed at opening trades when the price moves at a specific speed, such as 20 pips per minute.
• Tested various strategies on popular currency pairs like USDJPY and GBPUSD, achieving noticeable profit factors such as 3.84 and 3.34.
• Utilizes trailing stop features to leverage potential market movements effectively 📈.

Innovative Set Files

• Provides multiple set files that can be adjusted for different trading pairs and timeframes.
• Utilizes a trailing start set for increased profitability, adjusting settings for different market conditions.
• Frequent updates to set files, adding new features based on trader feedback and market behavior.

User Interaction and Community Support

• Engages with users directly, providing support and sharing methodologies for optimizing trading strategies.
• Encourages traders to test set files on demo accounts before applying them to live trading.
• Often offers insights on enhancing existing strategies using advanced features and indicators.

Focus on Automation and Adaptability

• Scott emphasizes the necessity of adapting trading strategies based on market volatility and other factors.
• His set files are designed with flexibility, allowing traders to adjust parameters such as speed and trailing stops based on conditions.
• Advocates for using automated systems while remaining vigilant of changing market behaviors to improve results 🔍.