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Need help! ! ! (Need Help!!!!) | Forex indicator download- MT4/MT5 resources- MetaTrader 5 resources

author EAcpu | 2 reads | 0 comments |
Hi everyone, first of all please forgive my English as it is my second language. I am new to this forum and looking for help from Forex experts. I need some tips on a system I'm developing.

Currently I only have one entry rule and I don't know when to exit. Currently, I use the SHI channel as my guide. Here are the rules for entry;

set up:

TF 4H
CCI 9
Storch 10.3.5
SHI channel
SMA 21



buy

First, wait for Stock to fall below 30 (oversold) ,

Then enter when,

  1. STOCH rises above 30
  2. CCI9 is ​​above 0

sell

First, wait for stoch to rise above 70 (overbought),

Then enter when,

  1. STOCH fell below 70
  2. CCI9 is ​​below 0

First example:

http://img443.imageshack.us/img443/1...titled1km5.jpg

Second example:

http://img172.imageshack.us/img172/3...titled2em0.jpg

That's it. So far so simple. I tried adding MACD and other indicators but I'm not an expert so I need help from you kind souls. I need a filter for washing dishes.

I tested the system over the past two weeks and the results were encouraging, with over 300 points in the first week and over 200 points in the second week. 20pips is guaranteed, but sometimes SL gets hit because I don't know when to quit. Ha ha! ! If you ask me any questions, I may not be able to answer them. . Newbie! ! ! Hey hey

Thanks in advance.

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