More easy is impossible (More easy is impossible) | Foreign exchange EA download-MT4/MT5 resources
Hello fellow traders...
I would like to say thank you to this forum and all of you, I can learn a lot here.
I decided to share one of my most profitable strategies and help anyone out there who still can't make a profit.
I prefer using this strategy on the futures market, however you can use it on other markets as well.
The strategy is simple, so to speak.
rule:
Sell: Wait for at least 6 candles to close below the 21 moving average, then wait to see a candle break above the positive candle but close as a negative candle. After a negative candle close, wait for a breakout and sell.
Buy: Wait for at least 6 candles to close above the 21 moving average, then wait to see a candle that breaks out of the black candle but closes as a white candle. After the white candle closes, wait for a breakout and buy.
Regarding the time frame, you can choose the one that suits you best. This strategy works well on the daily chart and you can use it on the 5 or 15 day chart if you wish, but you have to trade only from 9am to 12pm and 3pm to 5:00pm.
Set your stop loss 5 pips away from the previous candle's high/low.
Set the target to the same value as your stop loss.
R:R 1:1.
Remember this: If you day trade, you can only make 3 trades and no more. Do not risk more than 1% per trade, so the maximum daily drawdown must be 3%.
Feel free to test and share your trades here and we will be happy to help you.
I would like to say thank you to this forum and all of you, I can learn a lot here.
I decided to share one of my most profitable strategies and help anyone out there who still can't make a profit.
I prefer using this strategy on the futures market, however you can use it on other markets as well.
The strategy is simple, so to speak.
rule:
Sell: Wait for at least 6 candles to close below the 21 moving average, then wait to see a candle break above the positive candle but close as a negative candle. After a negative candle close, wait for a breakout and sell.
Buy: Wait for at least 6 candles to close above the 21 moving average, then wait to see a candle that breaks out of the black candle but closes as a white candle. After the white candle closes, wait for a breakout and buy.
Regarding the time frame, you can choose the one that suits you best. This strategy works well on the daily chart and you can use it on the 5 or 15 day chart if you wish, but you have to trade only from 9am to 12pm and 3pm to 5:00pm.
Set your stop loss 5 pips away from the previous candle's high/low.
Set the target to the same value as your stop loss.
R:R 1:1.
Remember this: If you day trade, you can only make 3 trades and no more. Do not risk more than 1% per trade, so the maximum daily drawdown must be 3%.
Feel free to test and share your trades here and we will be happy to help you.
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