Just 1 More KISS | Forex Indicator Download - MT4/MT5 Resources
Hello everyone,
I'm one of the fans of Equity millipede Thread. I like his concept, but I don't like any of his methods.
What is his philosophy - let your trade grow.
What is his method - the entry method that he teaches in the thread.
So I had his concept in my head and I started lurking in other threads looking for a way to fit my style.
What is my style - mindless. Don't waste time. Don't stare at the screen.
Finally I found a method that works for my style. This is not FF. This is in another forum. One more thing I haven't tested this method yet
Now comes the juicy part. Thank you for reading the above nonsense.
So the strategy ends here.
1. Download the included indicators and templates. Place the files into the appropriate directory within the mt4 folder.
2. Open any chart of 10, 20, 30... (there is no limit to the number of charts and no limit to the trading variety).
3. Daily time frame in all charts. Apply the template to all charts.
4. We only consider the green and yellow arrow signals.
5. We will follow these arrows blindly (yes, blindly).
6. Our trading hours are the opening hours of the daily candles.
7. Open the terminal 5 minutes after the daily candle opening time.
8. Look for signals (green or yellow arrows) above or below the previous candle (the new candle (today's candle) is the current candle, yesterday's candle is the previous candle).
9. If the signal of the previous candle was yellow,
Open 2 sell trades with stop loss at the previous candle's high.
1 sell trade using a trailing stop of 25 pips (you can use MPTM).
Move your stop to breakeven and leave another sell trade open (the stock millipede concept applies here).
10. The opposite is true for green traffic lights.
11. I am not here to justify this system. I just wanted to share. I love contributing to the forum, I learn a lot there. But believe me, this is a rare free India. Don't ask for any screenshots either. There’s nothing to explain about the screenshots.
12. Money Management and Risk: Return is your wish. enjoy
That's all. Very simple system.
I will open a real account for the first time.
If you like, please follow me from May 7, 2012.
Don't expect a quick reply from me. I will open the MT4 terminal at 5.30 am (candle opening time in my country) and close the MT4 at 6 o'clock. I will then open my journal to update my transactions. Then I'll take a look at this thread.
English is not my native language. So please forgive my language.
Update: I only use the BBand stopalert.mq4 indicator. You can only insert it into the chart, but with a bias of 2. Default is 1.
I'm one of the fans of Equity millipede Thread. I like his concept, but I don't like any of his methods.
What is his philosophy - let your trade grow.
What is his method - the entry method that he teaches in the thread.
So I had his concept in my head and I started lurking in other threads looking for a way to fit my style.
What is my style - mindless. Don't waste time. Don't stare at the screen.
Finally I found a method that works for my style. This is not FF. This is in another forum. One more thing I haven't tested this method yet
Now comes the juicy part. Thank you for reading the above nonsense.
So the strategy ends here.
1. Download the included indicators and templates. Place the files into the appropriate directory within the mt4 folder.
2. Open any chart of 10, 20, 30... (there is no limit to the number of charts and no limit to the trading variety).
3. Daily time frame in all charts. Apply the template to all charts.
4. We only consider the green and yellow arrow signals.
5. We will follow these arrows blindly (yes, blindly).
6. Our trading hours are the opening hours of the daily candles.
7. Open the terminal 5 minutes after the daily candle opening time.
8. Look for signals (green or yellow arrows) above or below the previous candle (the new candle (today's candle) is the current candle, yesterday's candle is the previous candle).
9. If the signal of the previous candle was yellow,
Open 2 sell trades with stop loss at the previous candle's high.
1 sell trade using a trailing stop of 25 pips (you can use MPTM).
Move your stop to breakeven and leave another sell trade open (the stock millipede concept applies here).
10. The opposite is true for green traffic lights.
11. I am not here to justify this system. I just wanted to share. I love contributing to the forum, I learn a lot there. But believe me, this is a rare free India. Don't ask for any screenshots either. There’s nothing to explain about the screenshots.
12. Money Management and Risk: Return is your wish. enjoy
That's all. Very simple system.
I will open a real account for the first time.
If you like, please follow me from May 7, 2012.
Don't expect a quick reply from me. I will open the MT4 terminal at 5.30 am (candle opening time in my country) and close the MT4 at 6 o'clock. I will then open my journal to update my transactions. Then I'll take a look at this thread.
English is not my native language. So please forgive my language.
Update: I only use the BBand stopalert.mq4 indicator. You can only insert it into the chart, but with a bias of 2. Default is 1.
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