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Xandi mysterious Pyramid - MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Strategy summary

✡Trading is emotionless

entry:

Maximum leverage for first entry, enhanced at 90 pip intervals --> 5:1 (500:1 for leverage account)

When prices are far apart from Ichimokuun, or equivalent levels (MA70), enter an open trade expecting to get closer to it.
Target price 30/50/70 pips -- only looking to find this on the high timeframe, 4 hour TF and daily TF combined...

If you can, try entering the trade after a big 45/90 point drop when you are eager/buying. --> Track buy limit price

I only recommend trading this type of currency pair: Europe vs Australia vs USA (1)*

When the price goes against you, use the pyramid:

  1. Automatically wait for strengthening standard level prices, with an interval of 90 points...for example, 0.1+0.1+0.2+0.4+0.8 lots.

Change TP accordingly in all positions to get jump => BreakEven

(1)* Do not use eurgbp, eurchf, eurjpy, etc.
Use it About EURUSD, AUD, USDCHF...

Example: Looking for Strengthening Points (90-Point Gap) after Breaking the “Neckline”
http://www.forexfactory.com/attachme...1&d=1372888396

  1. You should use this EA for pyramid trading... if a pending order is triggered, it changes the TP of all open positions! Create TrailOrder after TP hit * Thanks to Gumrai and chjungen*
  2. http://www.forexfactory.com/showthread.php?p=6826033#post6826033
  3. The EA does not open the first trade automatically, you have to manually start a trade via Pending Market, Trailing Market or Simple Market, therefore, it cannot be backtested. If you have questions, please contact me or search in the link above and test how to open the EA. Please note that I'm still improving some minor bugs.

Example other pyramids (0.2+0.4+0.8+1.6)

Example of changing TP to BE on the pyramid

"You buy 0.2 at 9200, TP 9250...
...the price is not in your favor...
You buy 0.2 at 9100, and you change the TP of the two positions to -> (0.2*9200+0.2*9100)/(0.2+0.2)=9150
...the price is still against you and TP is not taking a hit...
You buy 0.4 at 9000 and change the TP of all 3 positions to -> (0.2*9200+0.2*9100+0.4*9000)/(0.2+0.2+0.4)=9075 "

Patience, understanding, love...most importantly, we need love♥

ps: Start reading from page 3, post#50

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