Eagle Eye (Eagle_Eye) | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources
Hello,
I've been working on this system. It's very simple. Reviewing charts manually appears to be profitable. I'm sharing it here in the hope that it can be improved and EAs can be written for it. Due to work reasons, I can't always stay in front of the screen, so I can really use EA. I welcome your constructive criticism.
system:
Conditions of purchase:
1) The price is above 50sma, 100sma, and 200sma.
2) 50sma is higher than 100sma, and 100sma is higher than 200sma.
3) See the chart when the downtrend line is broken. The downtrend line is formed by the nearest 2 red circles. The line should just touch the circle.
4) Open 1 lot with sl at the nearest blue circle (purple line on the chart)
5) TP is at least sl, or you can trace sl with a blue circle.
The selling conditions are opposite.
Only tried on timeframes above 1 hour.
greeting,
Ali
I've been working on this system. It's very simple. Reviewing charts manually appears to be profitable. I'm sharing it here in the hope that it can be improved and EAs can be written for it. Due to work reasons, I can't always stay in front of the screen, so I can really use EA. I welcome your constructive criticism.
system:
Conditions of purchase:
1) The price is above 50sma, 100sma, and 200sma.
2) 50sma is higher than 100sma, and 100sma is higher than 200sma.
3) See the chart when the downtrend line is broken. The downtrend line is formed by the nearest 2 red circles. The line should just touch the circle.
4) Open 1 lot with sl at the nearest blue circle (purple line on the chart)
5) TP is at least sl, or you can trace sl with a blue circle.
The selling conditions are opposite.
Only tried on timeframes above 1 hour.
greeting,
Ali
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