Picture-in-picture vision system (pip vision system) | Foreign exchange indicator download- MT4/MT5 resources
This might be interesting for you, although I haven't finished it yet and don't know when I will, which is why I'm sharing it with you. The trading system should be able to give you an entry point and should also indicate where to exit the market, that is why this mechanism is called "trading", if it only included the entry method, the name would be "entry" system respectively. I tell you all this because the methods you'll find below don't provide any information about exiting.
Timeframe: I recommend the M5
The template is attached below. That is, the template consists of:
P-SAR and stochastic indicator.
The period of P-sar should be the same as usual, but the randomness is not.
For slow pairings, the stochastics should be 80, 48, 48; for faster pairings, the stochastics should be 30, 18, 18. For example, we trade two pairs EU GJ, for the EU chart we use 80, 48, 48 and for the GJ chart we use the second period stochastic indicator (30, 18, 18).
Approach: Stokes should cross the 50 line, it doesn't matter whether he goes deep from below or from above. You should trade accordingly based on the stock. If the Stoxx crosses 50 from below, you should look for buying opportunities, and vice versa, you should look for selling opportunities.
After the stochs signal us an opportunity, we should wait for the P-SAR to appear based on the previously received signals. That's what I think. Use methods to make good trades
Timeframe: I recommend the M5
The template is attached below. That is, the template consists of:
P-SAR and stochastic indicator.
The period of P-sar should be the same as usual, but the randomness is not.
For slow pairings, the stochastics should be 80, 48, 48; for faster pairings, the stochastics should be 30, 18, 18. For example, we trade two pairs EU GJ, for the EU chart we use 80, 48, 48 and for the GJ chart we use the second period stochastic indicator (30, 18, 18).
Approach: Stokes should cross the 50 line, it doesn't matter whether he goes deep from below or from above. You should trade accordingly based on the stock. If the Stoxx crosses 50 from below, you should look for buying opportunities, and vice versa, you should look for selling opportunities.
After the stochs signal us an opportunity, we should wait for the P-SAR to appear based on the previously received signals. That's what I think. Use methods to make good trades
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