STOP and Reverse | Foreign Exchange EA Download- MT4/MT5 Resources
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REVERSE,
Hi guys
This thread is not a winning system. Anyone who copies any of my trades do so at their own risk.
I first got this idea from another thread call SAR ON THE 4 HR CHART. I am contributing to this. But then I realized I was changing the rules so I've started this new Thread.
I'm still using the 4 yellow lines, But I'm not using the blue line or the red line. So that is a rule change
I'm using the one hour or the 30 minute chart to pick my entry point. So that's a game changer. Also I am closing my trades instead of letting them run all the time so that is a rule change. I am also moving the stop to take profit at a earlier stage.
I'm also only using three pairs EUR/GBP, EUR/USD, GBP/USD, the reason I'm only using three pairs is I want to get to know where these pairs go. I want to know when they are at price tops and when they are at price bottoms, I just need to know how these pairs react in daily life. I will use lot size 0.10
there will be two moving averages on my chart 14 period and a 4 period will also be an RSI which is a 14 period.
I will probably be only on the site 3 days of the week probably around 8 o'clock London open and about 2 o'clock New York open that London time.
Just another point as soon as we can we will make our stops smaller and even go to break even with them.
I will make a short video just to show you how I get an entry point,
REVERSE,
Hi guys
This thread is not a winning system. Anyone who copies any of my trades do so at their own risk.
I first got this idea from another thread call SAR ON THE 4 HR CHART. I am contributing to this. But then I realized I was changing the rules so I've started this new Thread.
I'm still using the 4 yellow lines, But I'm not using the blue line or the red line. So that is a rule change
I'm using the one hour or the 30 minute chart to pick my entry point. So that's a game changer. Also I am closing my trades instead of letting them run all the time so that is a rule change. I am also moving the stop to take profit at a earlier stage.
I'm also only using three pairs EUR/GBP, EUR/USD, GBP/USD, the reason I'm only using three pairs is I want to get to know where these pairs go. I want to know when they are at price tops and when they are at price bottoms, I just need to know how these pairs react in daily life. I will use lot size 0.10
there will be two moving averages on my chart 14 period and a 4 period will also be an RSI which is a 14 period.
I will probably be only on the site 3 days of the week probably around 8 o'clock London open and about 2 o'clock New York open that London time.
Just another point as soon as we can we will make our stops smaller and even go to break even with them.
I will make a short video just to show you how I get an entry point,
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