The simplest system ever (Simplest system ever) | Foreign exchange EA download-MT4/MT5 resources
I think I'm going to start a new thread with my day trading system.
Look at the first 2 columns. If the lowest price of yesterday's bar is higher than the previous bar and the closing price is higher than the opening price. Buy at the opening price of the current bar.
SL is 1/2 of daily ATR. If the SL knocks the car down. Only executed once.
There is no take profit or breakeven. Closed at the end of the day. Repeat the next day.
Short reverse.
Those who prefer to hold positions for the long term. Basically, if we receive the same signal continuously day after day. We can do this. IF SL does not hit the previous leaving position as is. Open a new position on a new day and set your stop loss to 1/2 of the ATR as usual. Adjust the stop loss from previous days to this level. Basically, if we have a 4-6 day swing, we can make a profit of over a thousand pips. OK? ?
goodbye.
BR
Look at the first 2 columns. If the lowest price of yesterday's bar is higher than the previous bar and the closing price is higher than the opening price. Buy at the opening price of the current bar.
SL is 1/2 of daily ATR. If the SL knocks the car down. Only executed once.
There is no take profit or breakeven. Closed at the end of the day. Repeat the next day.
Short reverse.
Those who prefer to hold positions for the long term. Basically, if we receive the same signal continuously day after day. We can do this. IF SL does not hit the previous leaving position as is. Open a new position on a new day and set your stop loss to 1/2 of the ATR as usual. Adjust the stop loss from previous days to this level. Basically, if we have a 4-6 day swing, we can make a profit of over a thousand pips. OK? ?
goodbye.
BR






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