Base Hits - Over and Over (Base Hits - Over and Over) - MT4/MT5 Resources
The goal of this system is to take profits when the market conducts and possibly hit some home runs when the trend is strong...time will tell
Start-up capital: $6,000
Trading AE:
Trading Agent Darkmoon FX
I really like this tool to automate various aspects of my trading (Break Even - Partial Closing)
Unfortunately, the developers haven't been actively advancing the product for a while.
Currently looking for alternatives under active development.
My indicators:
TEMA - Exponential Moving Average
- 15
- 50
- 100
Three-color MACD
- 12, 26, 9
Stochastic
- K period = 30
- D period = 20
Trading currency pairs:
Main - EUR/USD | GBP/USD
Secondary - CAD/USD | GBP/JPY
Trade details:
Deal Size: (Equity Based)
- 1% - normal trading
- 2% - Strong Momentum
- 3% - Strong Momentum
Qualifiers:
- The 60m trend direction is strong
entry:
- The 15m stochastic indicator turns towards the 60m trend direction
Active transactions:
- Stop at 150 points
- 12 PIPs - 50%
break even:
- 12.2 - 1.5 points
- Manually moving stops on higher lows
Closing transaction:
- When stop loss or 60m trend changes
Add to active location:
- 5m Stochastic turns to 30m trend direction
Suffice it to say, this post will serve as a journal for me, and if it adds value to others in the process - great!
Let's get started...
How to get the "MT4" tool I use:
Trading Agent - Click Here (Note: Developer is no longer active - Currently looking for alternatives...
3 Color MACD Indicator- Click Here <br> Stochastic indicator - the basics in MT4
TEMA indicator - click here
My setup for each pair is as follows:


















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