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18 downloads in 60 days
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Indicator-free trading strategy based on breaking through the middle of the previous movement. The trading strategy is as simple as" two fingers " and does not require much knowledge and a lot of time. It can be used on any financial instruments. It provides conditions for precise entry into the market, conditions for holding a position in the market, and conditions for exiting the market.
The trading strategy is based on a simple technical analysis of the price. The trader's task is to correctly calculate the entry price and the Stoploss and take Profit levels.
Determine the middle of the previous movement, connect the previous local maximum and minimum with a line. The height of the line should be average relative to the previous movements. Also, the time between the maximum and minimum should be longer than the older period.
In other words, if we trade on an hourly chart, the time distance from the maximum to the minimum should be more than 24 hours, and the number of points between the maximum and minimum should be greater than or equal to the average price move for the day.
To open a buy position, the Last candle closed above the middle of the previous movement. Take Profit for the order is set slightly below the previous maximum, and stop loss is slightly below the previous minimum. This increases the probability of closing a take profit order and reduces the probability of closing a stop loss order and getting losses.
To open a sell position - a sell Position is opened according to a mirror buy signal.
Calculation of trading volume: in case of closing an order by stop loss, the loss amount should not exceed three percent of Your Deposit. Do not violate this trading condition.
There may be several buy or sell orders in the market, and they are collectively referred to as a position. Orders in the market can be held until they are completely closed by stop loss or take profit.
Not using Stop Losses is the same as not using the brakes when driving a sports car. The final will always be the same and will be sad.
Orders are closed by take profit or stop loss.
The profitability of the trading strategy has not yet been tested in automatic mode, such an experiment has been added to the planned ones. The profitability of the strategy depends on compliance with the trading rules and recommendations.
Version 17.100 - 15.10.2017
17.100 from 16.10.2017 - First version
VR-Sub.ex4 Version for Metatrader 4
Question: how to understand your strategy or not?
1 - you open a demo account, the Deposit amount of the demo account must be the same as you plan to open a real account.
2 - you trade on the system, after 100 orders for classic trading on the system, make an analysis of your trade. Orders should be opened strictly according to the system. if there is any doubt, or You are not sure, it is better not to open a deal. You should trade on a timeframe of 1 hour or more.
If At the end of the trade your profit result is about zero, then it makes sense to trade and work, as well as to understand why it turns out to be zero.
If your profit indicator is greater than zero, you can safely switch to a real account.
If Your indicator is less than zero, that is, you have traded at a loss, then this strategy is not suitable for You.
Multi-functional trading panel with the ability to work in two modes, virtual and real. Easy and reliable order management directly on the chart! Instant closing of all orders or just a flip
VR Template Switcher is a powerful tool designed as an indicator that allows a trader to manage chart templates in the MetaTrader terminal with a single mouse click. Now you will be able to scroll, save, load, and even sync templates with other MetaTrader terminals on Your computer without any problems. Working with the program is easy and simple, everything is done on the principle of "Installed, configured and forgot about it".
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Simple script to remove all unnecessary data from the charts in the MetaTrader terminal, just drag the script to the chart and within a few seconds the script will complete its work and clear the chart completely.