1 Hour after daily open - MT4/MT5 resources
If the first 1-hour candle closes above the DO line, we are bullish
If the first 1-hour candle closes below the DO line, we are bearish
GBP/USD trading pair; EUR/USD; (Why? Because those two were less volatile at the time)
Stop loss is 10 pips.
Take profit is 10 pips.
Is it what you are looking for? No.
There are additional options here.
Two trades are opened at the same time.
Therefore, we will set an equity take profit (ie: if both positions will gain 10 points in a row , they will be closed).
____________________________________________________________________________
under--
Daily Open Indicator - Guess what that is if you can.
Stock Sentinel EA - the simplest EA you will ever see. (PS, I don't claim ownership, I found this on FF) A system similar to this
OpenFirstHour EA - Use the above logic to build a position, thanks to Youxia_lp
Systems similar to this >>> http://www.forexfactory.com/showthre...13#post8211413
Don't forget to smile, write your comments, suggestions or at least say thank you to the EA provider.
If the first 1-hour candle closes below the DO line, we are bearish
GBP/USD trading pair; EUR/USD; (Why? Because those two were less volatile at the time)
Stop loss is 10 pips.
Take profit is 10 pips.
Is it what you are looking for? No.
There are additional options here.
Two trades are opened at the same time.
Therefore, we will set an equity take profit (ie: if both positions will gain 10 points in a row , they will be closed).
____________________________________________________________________________
under--
Daily Open Indicator - Guess what that is if you can.
Stock Sentinel EA - the simplest EA you will ever see. (PS, I don't claim ownership, I found this on FF) A system similar to this
OpenFirstHour EA - Use the above logic to build a position, thanks to Youxia_lp
Systems similar to this >>> http://www.forexfactory.com/showthre...13#post8211413
Don't forget to smile, write your comments, suggestions or at least say thank you to the EA provider.


















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