Zebulon classic | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Happy New Year and happy new system!
I call it a classic because there's nothing new about it.
But it's a very simple system and easy to follow.
You will have small losses, small wins and big wins. But you won't have a big loss.
All you need is:
Time = 30 minutes I only trade GBP/USD Index 10
rule:
1- Open for trading only between 7am and 7pm (GMT+1)
2- Buy on the close of the candle when the candle rises across the EMA and more than 50% of the body of the candle is above.
Likewise, when the candle goes down, sell.
3- Do not trade if the total size of the candles < 20 pips or the real body size < 10 pips.
4- If you are unable to trade a candle that crosses the EMA (because it is too early or too small in size), you can trade the next candle if point 3 is observed and the candle direction is not opposite.
5- SL = Candle Low - 7 pips
6- If possible, on each new candle, when you go long, you move your stop up (when you go short, you move it down), at the lowest point of the new candle - 7 pips
Enjoy!
On the chart on December 30, big move: 185 points
I call it a classic because there's nothing new about it.
But it's a very simple system and easy to follow.
You will have small losses, small wins and big wins. But you won't have a big loss.
All you need is:
Time = 30 minutes I only trade GBP/USD Index 10
rule:
1- Open for trading only between 7am and 7pm (GMT+1)
2- Buy on the close of the candle when the candle rises across the EMA and more than 50% of the body of the candle is above.
Likewise, when the candle goes down, sell.
3- Do not trade if the total size of the candles < 20 pips or the real body size < 10 pips.
4- If you are unable to trade a candle that crosses the EMA (because it is too early or too small in size), you can trade the next candle if point 3 is observed and the candle direction is not opposite.
5- SL = Candle Low - 7 pips
6- If possible, on each new candle, when you go long, you move your stop up (when you go short, you move it down), at the lowest point of the new candle - 7 pips
Enjoy!
On the chart on December 30, big move: 185 points
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