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KISS my Triangle | Foreign exchange EA download - MT4/MT5 resources

author EAcpu | 3 reads | 0 comments |

English is not my native language, sorry for any grammatical errors


I've been here for over a year and have been finding and testing many strategies from other members. (Thanks!)

Now I want you to show:

Kiss – Keep It Simple Stupid
my
Triangles - because most of the time we are looking for them.

Please don't ask me about win rates, %, and money. Open your chart and try it out!

We need: China Chamber of Commerce (14) , Relative Strength Index (8) and trend line .

Now I explain to you how to make a trend line:

When CCI is above 0 and RSI is above 50, a vertical line is placed here, and when CCI is above 0 and RSI is above 50 again, a second vertical line is placed here. Now you can connect the dots. The same goes for the opposite -50 and below 0.
Like my explanation, make it the most "mechanical".

Here, be careful when RSI/CCI jumps in a small consolidation, you have to watch when it forms a new LL, HL or something like 1, 2, 3.

I draw trend lines on spikes, not on closing candles.

First, you can use a risk ratio of 1:1. Stop loss on the last swing or/and when you get a triangle, place your stop loss on the trend line and take the trade.

We can only trade if the trendline breaks or if a triangle appears (I think the second position is better).

Below I show you 2 entries from my morning.
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