1min Tricolour | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources

This is another system I use I only use 3 or 4 systems a day

Dredging Pivot System 5 min
1 minute triangle breakout

and this more mechanized system.

Use 1 chart on the 1 minute timeframe

on the chart we placed

The price in the form of candles then I have 21,34 and 55 index Ma, these are Fibonacci numbers and then I multiply by 3 to get the trend on the 3 minute chart and we end up with

63 .. 102 .. 165 Exponential Moving Average on 1 Minute Chart

This gives us a trend direction

63 above 102 above 165 we look for the longs
Below 63, below 102, below 165, we are short.

Then we need to pull back to a larger time frame than 1 minute...and we need to pull back to the 1 minute time frame to enter

For this purpose, we set up 2 random

Fast or entry stocks set at 15.3.9 Low/High Slow or pullback set at 30.6.18 Low High

We set OB OS for a quick/entry at 20 80 We set OB OS for a long term pullback at 10 90.. We would like confirmation of a strong deep pullback or a sharp strong rally

We use random colors so that it visually shows us when trading parameters are met

I make my ma's thinner and thicker so I can visually see when they line up correctly.

This chart shows an example for Friday

for a long time

We need ma in the correct order. Long term green indicates a long term pullback. Short term stoke green indicates a 1 minute pullback.

These must be green at the same time.
Price must fall back to the space between the blue and green zones

We enter Quick Stoke's Tik with a Green Candle

for a short

We need ma in the correct order. Long term red indicates a long term rebound. Short term stock price is red indicating a 1 minute rebound.

These must all be red at the same time.

Price must rebound to the space between the blue and green zones

We enter the ticking of Fast Stoke with a red candle

Stop loss is placed 1 pip above the recent candle high or low

Risk per trade is % of your account

For me, this is 5%, so if my stop loss is 8 pips, I will calculate 5% of my account and buy the contract

My price target is a 10% gain on the account, so in this example the move is 16 pips

Therefore my risk is 5% and my target price is 10%. My risk reward is always 2;1

Start with the London Open and end however you like

P

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Please click on the link to page 96 for details Tricolor V2 - http://www.forexfactory.com/showthre...71#post5274371

Please click the link to go to the 5-minute exit details page http://www.forexfactory.com/showthre...36#post5356236