The Rockenbach System | Foreign Exchange EA Download- MT4/MT5 Resources

... 09-30-2011 ....For those of you who have already read this article, please re-read Settings! ! !

Hello everyone, my name is Frederico and I would like to share my strategy with you. Please only post if there is truly constructive content. If you don't understand what's written here, do your research. Although this is a simple strategy... We all know how an article can lose its real value after many unanswered good judgments... So let's go... Please read the entire article and more importantly understand why Not just the strategy...

set up :

entry:

- any pair

- 4 - 7 - MA Smoothing, enter on crossover, 4 SMMA close above/below.
- MACD must cross the midline...
- SL when a brick closes completely above/below (not half a brick, full) 50 SSMA. Even if it reaches the 30/40 point, it will brake.
-Exit: Target price on trendline breakout, or when MACD crosses or price completely crosses above/below the 7-hour moving average.
- Of course, to improve the entry: wait for good price action and a breakout of the trendline pattern (no need to explain why).
- Now comes the key to strategy, compounding . You will always use the same funds as the previous trade... Example: If you start your first trade with $100 and hit a TP of, say, 50 pips, you will get $125, on your next trade, you will get $125, if the SL is hit by 20 pips, you will get $113, the next TP hits 40 pips, you will get $135, and so on (excluding the spread ). So if your stop loss is too high (over 50) don't take the trade...it could be a bad trade.

After a lot of work and research, I improved this strategy in a short time and then don't ask for statistics (yet). Manual backtesting is very profitable, although RENKO shows that you can't get very far historically. I'll post the results when they come in...

explain....

...The difference with the Renko chart is that you can control the size of the "Volume" shown on the screen because when you enter the size of the Renko you automatically see the "Volume" so the size of the Renko is 5 pips. 5 pips because you won't waste time on small fluctuations in the market and can better see the action. Anyone who has seen Brick Shape knows what I mean...feel and learn Brick Shape...!

.... MA's.... Well, I'm sure 99% of you have used MA Cross and know how simple and powerful they are. In any chart and in any TF they give the direction of the trend and they only fail when the market is within the range and that's when Renko charts appear. With brick 5 points you can eliminate most of the range, but not all, but with a good PA understanding it's easier to filter only the best entries, and they will rank much higher than the bad entries.

....and most importantly, compound interest ....Have you ever thought that with just $100, you could double your money 15 times and you would have $3,276,800, that's the power of compound interest. I try to apply this concept along with good money management and high probability strategies.

I'm excited to share here what I've learned and the conclusion of this process...so far...and for those of you who have something constructive to add, I'm here...

This image is an example of how the chart should look, along with 2 great settings...