MidPrice Strategy | Foreign Exchange EA Download- MT4/MT5 Resources
When I started thinking about strategies that fit me and my personality, I asked a few things about myself:
1) The strategy must be as simple as possible
2) The strategy must be based on price
3) No oscillator
4) Fewer false signals
5) Good risk management.
Then I realized that if price is the core of this market, then there must be some middle price here that matters. Because we know that the middle or average price is crucial in every field. So I took the daily mid-price, the weekly mid-price, the monthly mid-price, the annual mid-price, and the 5-year mid-price. So I only selected the following timeframes: M15, H4, Daily, Weekly, Monthly and these SMAs: 100, 30, 20, 50, 60.
M15: 100
H4: 30
Daily: 20
Weekly: 50
Monthly: 60
You can ask why these SMAs are there. The 100 SMA in M15 is the daily mid-price (actually 96 candles, but I rounded it to 100) etc.
Another important rule is that each MA must appear in its TF and should not be visible in other TFs.
This is the template.
I want to see how many members are actually interested in this strategy and then I'll continue. Look, I don't want to waste either of our time. "Is it profitable?" Not 100%. I need to develop.
Waiting for your comments and suggestions.
1) The strategy must be as simple as possible
2) The strategy must be based on price
3) No oscillator
4) Fewer false signals
5) Good risk management.
Then I realized that if price is the core of this market, then there must be some middle price here that matters. Because we know that the middle or average price is crucial in every field. So I took the daily mid-price, the weekly mid-price, the monthly mid-price, the annual mid-price, and the 5-year mid-price. So I only selected the following timeframes: M15, H4, Daily, Weekly, Monthly and these SMAs: 100, 30, 20, 50, 60.
M15: 100
H4: 30
Daily: 20
Weekly: 50
Monthly: 60
You can ask why these SMAs are there. The 100 SMA in M15 is the daily mid-price (actually 96 candles, but I rounded it to 100) etc.
Another important rule is that each MA must appear in its TF and should not be visible in other TFs.
This is the template.
I want to see how many members are actually interested in this strategy and then I'll continue. Look, I don't want to waste either of our time. "Is it profitable?" Not 100%. I need to develop.
Waiting for your comments and suggestions.
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