Jasmine Chain... (Jasmine Chain...) | Foreign exchange indicator download- MT4/MT5 resources
One of laodeabdul’s jasmine methods
Dear everyone,
(Purely technical method)
I've been continuously communicate with laodeabdul, one of the member of FF, until now. The last time he submitted was Jasmine Marble Trading System. The system consistently gives him enough pips for him to live. Thank him. He even sent me his cookies.
Now let's talk about another system he gave me, which we call jasmine_chain. He uses the jasmine_chain transaction as his second main method.
I am well suited to this approach. I think he prefer marble than chain.
Okay guys...
This is:
rule:
1. TRADE 5 LOTS, SL = -100 FROM OPEN
2. TP 1ST=+50, SL=0 (OPEN)
3. TP 2ND=+100, SL=+20
4. TP 3RD=+150. SL=+40
5. TP 4TH=+200, SL=+80
6. TP 5TH= UNLIMIT, UNTIL REVERSAL SIGN
7. Repeat the process
(TP=profit point, SL=stop loss point; SL=0 average break-even point)
Compile the indicator and apply the template (usually only the template is applied, the indicator will be compiled when MT4 restarts)...
how:
1. Open a position if and only if a red arrow (buy signal) or a blue arrow (sell signal) appears
2. When the arrow appears, open a position at the opening price of the candlestick, sometimes your price is better than the opening price (it's your luck)
3. Follow the rule: first of all you have 5 open position with SL=-100, so if you lost, you lost -500; if your 1st lot hit +50, move your SL for your remaining 4 lots to 0; if your 2nd lot hit +100, move your SL for your remaining 3 lots to +20; if your 3rd lot hits +150, you will have 2 remaining. Move the stop loss of the lot to +40; if your 4th lot reaches +200, move the stop loss of the remaining 1 lot to +80; finally, it's your luck and let your fifth lot swim in the market
Other details:
1. Time is 4 hours
2. This is not a brainless trading method
3. This requires humans to pay attention to the market or let EA do it (I don’t know how to create EA, so maybe there are programmers in the forum who can do EA). So this is not an interesting approach. After all, if you think of Forex as a job that makes money, it's not fun at all.
4. There is a difference between just looking at a chart and actually doing it. You have to feel it by your own.
Anna…
Dear everyone,
(Purely technical method)
I've been continuously communicate with laodeabdul, one of the member of FF, until now. The last time he submitted was Jasmine Marble Trading System. The system consistently gives him enough pips for him to live. Thank him. He even sent me his cookies.
Now let's talk about another system he gave me, which we call jasmine_chain. He uses the jasmine_chain transaction as his second main method.
I am well suited to this approach. I think he prefer marble than chain.
Okay guys...
This is:
rule:
1. TRADE 5 LOTS, SL = -100 FROM OPEN
2. TP 1ST=+50, SL=0 (OPEN)
3. TP 2ND=+100, SL=+20
4. TP 3RD=+150. SL=+40
5. TP 4TH=+200, SL=+80
6. TP 5TH= UNLIMIT, UNTIL REVERSAL SIGN
7. Repeat the process
(TP=profit point, SL=stop loss point; SL=0 average break-even point)
Compile the indicator and apply the template (usually only the template is applied, the indicator will be compiled when MT4 restarts)...
how:
1. Open a position if and only if a red arrow (buy signal) or a blue arrow (sell signal) appears
2. When the arrow appears, open a position at the opening price of the candlestick, sometimes your price is better than the opening price (it's your luck)
3. Follow the rule: first of all you have 5 open position with SL=-100, so if you lost, you lost -500; if your 1st lot hit +50, move your SL for your remaining 4 lots to 0; if your 2nd lot hit +100, move your SL for your remaining 3 lots to +20; if your 3rd lot hits +150, you will have 2 remaining. Move the stop loss of the lot to +40; if your 4th lot reaches +200, move the stop loss of the remaining 1 lot to +80; finally, it's your luck and let your fifth lot swim in the market
Other details:
1. Time is 4 hours
2. This is not a brainless trading method
3. This requires humans to pay attention to the market or let EA do it (I don’t know how to create EA, so maybe there are programmers in the forum who can do EA). So this is not an interesting approach. After all, if you think of Forex as a job that makes money, it's not fun at all.
4. There is a difference between just looking at a chart and actually doing it. You have to feel it by your own.
Anna…
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