View Single Post
  #1 (permalink)  
Old 08-20-2008, 09:10 AM
Geldz's Avatar
Geldz Geldz is offline
Junior Member
 
Join Date: Aug 2008
Location: Samara, Russia
Posts: 5
Geldz is on a distinguished road
3 chart cross-pair trading

Hello.

Wanna share my trading forex strategy.

Trading pair: EURJPY.
Charting: EURJPY EURUSD USDJPY.
TF: Any (i use 1M).
MM: I use 1/25 from deposit for 1 order.
TP: fixed.
SL: not used.
Profitable: 30-50% per 24H.

I will try to explain how to detect entry for long and short positions:

First of all make 3 charts with RPoint (Swing_Point) indicator (u can find it on MQL4 database collection): EURJPY EURUSD USDJPY.

Entry for short position with detection of TP:
Waiting for moment, when new HIGH will be less than prev. HIGH on all 3 charts.

Entry for long position with TP:
Waiting when new LOW will be larger than prev. LOW on all 3 charts..

If TP-target was not reached, no problem, hold this order open.

P.S. Sorry for my Eng.
P.P.S. Pictures included in *.rar file..

Have any questions? - Ask me.. I will try to explain u better, if u need.
Attached Files
File Type: rar Screenshots.rar (451.3 KB, 281 views)
File Type: mq4 Swing_Point.mq4 (3.1 KB, 150 views)

Last edited by Geldz; 08-21-2008 at 11:25 AM.
Reply With Quote