In the analysis of the input signals in the position that can be seen as levels of support and resistance, which in this strategy is shown in the graph indicator 1Pro4x Pivot Lines. Do not open the position if the level of resistance is present in the price path. On the contrary, the level of support will be nothing other than an opening position.
During the day it can reach some businesses, and the multi-currency strategy can count on a decent profit at the end of the trading day. But before beginning to negotiate with the strategy The Secret Method, it takes some time to test it in an account, demo to learn to recognize with the signals to filter the false ones and determine the most successful exit of the operations. This scalping strategy is not complicated, but it is quite effective.
Platform: Metatrader4
Currency pairs: EURUSD, AUDUSD, GBPUSD
Negotiation time: European sessions and the beginning of the American sessions
Time frame: M5
Trading rules by Secret method V3.0
Long trade:
The SwingMan indicator breaks the zero level from bottom to top, and the blue arrow appears pointing up.
More attention is paid to the price chart, which synchronizes the T3MA indicator sent by the green line. In this case, the price must be above the green line or break the line from bottom to top.
The blue line of the Momentum (Mom) indicator should also break the zero level from bottom to top or be greater than 0. And the bar should be green.
In the following candle: open a long position:
Short trade:
The SwingMan indicator breaks the zero level from top to bottom, and the red arrow appears pointing downwards.
More attention is paid to the price chart, which synchronizes the T3MA indicator sent by the green line. In this case, the price should be below the green line or break the line from top to bottom.
The blue line of the Momentum (Mom) indicator should also break the zero level from top to bottom or be less than 0. And the bar should be red.
On the next candle (mark with a dashed yellow line) open a Short position:
Stop Loss in strategy Secret Method V3.0 is fixed and equals 15 pips. You can also use a final stop. For this, the file has EA Quik_Trailing.ex4, which will automatically administer the vacancies.
The gain target is set at 30 pips, but it is necessary to exit the position earlier than expected, if the IX-OA-X indicator will change its color to the opposite color. Back to index IX-OA-X will return the initial color:
In the analysis of the input signals in the position that can be seen as levels of support and resistance, which in this strategy is shown in the graph indicator 1Pro4x Pivot Lines. Do not open the position if the level of resistance is present in the price path. On the contrary, the level of support will be nothing other than an opening position.
During the day it can reach some businesses, and the multi-currency strategy can count on a decent profit at the end of the trading day. But before beginning to negotiate with the strategy The Secret Method, it takes some time to test it in an account, demo to learn to recognize with the signals to filter the false ones and determine the most successful exit of the operations. This scalping strategy is not complicated, but it is quite effective.
In the files The_Secret_Method_V3.0.rar:
#TheSecret TR.ex4
# TheSecret4 TF PSAR Bar4.ex4
1Pro4x Pivot Lines.ex4
1smSuper TRIX_PV_4col.ex4
BB_MACD_MT4_v6.ex4
Heiken Ashi.ex4
I_XO_A_H.ex4
MomentumVT.ex4
NonLagMA_v7.1.ex4
SweetSpots.ex4
T3.ex4
THV3 FFCal.ex4
Quik_Trailing.ex4
The_Secret_Method.tpl
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