VR System – channel trading strategy
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It is an indispensable indicator for trading scalper strategies. The market pulse in the form of a tick chart in your terminal window will help you determine the change of the current trend in time, enter the market in time and exit correctly
Are you using multiple charts in MetaTrader? VR Sync Charts will help you synchronize your chart layout across all windows. You no longer need to copy trading levels, trends, fibo lines, Gann markings, and so on. With VR Sync Charts, you just need to draw a level and it will be copied to the windows you need.
This utility will allow you to work with a large number of templates quickly and comfortably. You will be able to load, save, create templates, sync between terminals and make backup copies. By changing the template, the utility can immediately change the financial instrument and the chart period...
VR System is not just an indicator, it is a whole, well-balanced trading system that includes combined simple Moving Average indicators and a Donchian channel (Donchian channel). The system is built on classic trading rules. The VR System trading system takes into account the rules for entering the market, holding a position in the market, and the rules for exiting a position. Simple trading rules, minimal risks, clear instructions make VR System an attractive trading strategy for traders in the financial markets.
The trading system consists of two combined Moving Average indicators and a Donchian channel.
Donchian channel is designed to determine the current state of a financial instrument, the indicator is built according to the classic rules for determining a trend or flat.
Moving Average – moving average, designed to determine the entry point to the market. The indicator has three moving averages with different periods.
Purchasing a financial instrument:
Stop loss, take profit and trailing stop are applied for an open position:
Rules for closing positions:
The rules for selling are the opposite of those for buying.
Version 23.090 - 03.09.2023
Optimized the code for calculating the levels of the Donchan channel
Changes made to sending notifications:
Removed buttons for enabling notifications from the chart. Previously, there were notification buttons on the chart; when a signal was triggered, the buttons were released. These buttons were garbage on the chart and obscured some of the information. Now a trader can enable notifications directly in the indicator settings.
Added setting (Number of displayed calculations (-1 all)) - this setting allows you to limit the indicator's calculation history. In cases when it is necessary to consider indicator signals throughout the history, set -1, in other cases, set the required number of bars for calculation. This setting allows you to minimize the indicator calculation time.
In order to save system resources, all code working for system statistics has been removed.