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Follow the money... (Follow the money...) | Foreign exchange EA download- MT4/MT5 resources

author EAcpu | 2 reads | 0 comments |
Hi,

Well, I have a very simple system that makes EA very easy (I know people don't like EA, but it's a good and simple trading system).

Chart settings:
1. Every 10 points interval line
2. EUR/USD 1 minute chart... (before you ask, I have not traded this chart on any other commodity).

Chart example:

sell
1. (First downward arrow) The price must break above the yellow line (the 1 minute bar closes below this area), in this case we are at 1.33600 and as long as we do not break above 1.33700 we are in the sell zone and any bull bar that closes between 1.33700 and 1.33600 we sell - the stop high of the bull bar - the sell zone (1.33600).

If there is no stop loss, all sells are closed

Buy
2. (First up arrow) The price has now crossed 1.33700 (the 1 minute bar closed above this area) and if we do not break below (1.33600) we will continue to buy any bearish bar with a closing price between 1.33700 and 1.33600 - the stop buy area (1.33700) - the low of the bearish bar.

If the price breaks above 1.33800, this becomes the new buy zone and we continue to buy the bull bar with a closing price between 1.33800 and 1.33700, if the 1 minute bar closes below 1.33700... we close the buy, the sell zone becomes 1.33700 and so on... So we keep shifting the buy and sell zones.

Take profit...if you want to...otherwise I think when you go up 2% then clean and flush tomorrow.

greeting,
VIP
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