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Indicator Forex Volume Trading System Mt4 Custom Powerful Volume Best Strategy..
$ 1.05
- Description
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Description
System overviewtemplates
System provides 4 different templates depending on your risk appetite.
FXTF_DT1 (Daytrading Template 1)– is the safest one. The risk is small, entries are a bit slower but they are more filtered than other signals. Pick this template if you expect smaller, but more sure profits.
FXTF_DT2 (Daytrading Template 2)– the signals are more balanced (they are in the ‘middle’ with the risk and reward aspect). Pick this one for typical daytrading.
FXTF_SC1 (Scalping Template 1)– the first scalping template gives fast entries with medium risk. This one is great for typical scalpers (the risk is balanced).
FXTF_SC2 (Scalping Template 2)– is the most aggressive template. It provides the faster signals with increased risk. Pick this one only if you are experienced trader, or when you have spent sufficient time with the trading system.
The system is comprised of three parts. The first one is market sentyment and entries determined by the bottom indicator.
Entry examples.
BUY TRADE RULES
1.Blue Background
2.Blue signal.
The background changes dynamically depending on the market sentiment. If you see that the background is blue, wait for the blue signal. This is a valid BUY signal. When the valid signal is generated you will get an alert with the pair symbol and timeframe.
SELL TRADE RULES
1.Red Background
2.Red signal.
The background changes dynamically depending on the market sentiment. If you see that the background is red, wait for the red signal. This is a valid SELL signal. When the valid signal is generated you will get an alert with the pair symbol and timeframe.
Stop Loss. Where to put Stop Lose. SL order should be placed at: - the last swing high (for sell trades) or on the last swing low (for buy trades)
dis4
- you can place your SL order also at the nearest support/resistance level or round numbers level (if close).
When we already know the SL value, it's time to set up a TP order.
Depending on the expectations and movement dynamics,
transaction should be closed with RR = 1: 1, or RR = 1: 2 (where '1' is always a risk).
In the above example, we can see that SL order value is about 15pips.
The first TP level should be also 15pips, which gives us RR = 1: 1 The second TP level is twice the SL value (30pips),
which gives us RR = 1: 2 Try to observe the price movement, if the price moves quickly and dynamically, you can count on a larger profit. If the price moves sluggishly, try to close the trade at 1: 1.
Trade Assistant EA.
The system also contains an expert that will help you with quickly opening and closing your trades. You can pick the lot size, open BUY/SELL trade. Close only BUY/SELL trades, or close all orders.
A handful of advice - try to trade on the major sessions only - the more volatility the better (there is usually more pips/profit to catch). - glance through the calendar of economic news before each day of trade. If there are some important 'red' news, its better to wait until they are announced. - pay particular attention to days in the calendar where the most important news are, like: non-farm payrolls, ECB press conference, FOMC. These news are crucial to the market and sometimes investors will wait outside of the market for their announcement. - do not worry if you are late for a signal. It is better to wait for another trade than get into one that has already been on its way a long time and may very well turn back. - the system can be used on any MT4 platform instrument. However, we recommend you stick to 'majors' due to lower spread and good liquidity.