Thread: MMTS Expert
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Old 05-16-2006, 02:45 PM
ziko123 ziko123 is offline
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this expert has nothing to do with mmts,
someone uploaded the book in the other MMTS but I think the admins deleted it (I guess I was lucky to read it),
mmts consists of 4 trendline, each line connects the close of 2 specific time points, buy when we have a bar closing above any of these trendlines, sell when we have a bar closing below any of these trendlines, target profit is I think 10 pips, 3 different stop criterias one of them is a 35 pip stop loss, all of this is on the 15m chart,
if u applied it to eurusd today u will have 4 trades

first one is a sell using the 4th trendline, profit=10 pips
2nd one is a sell using the 1st trendline, profit=10 pips
3rd one is a sell using the 2nd trendline, loss=-35 pips
4th one is a buy using the 4th trendline, still running

Last edited by ziko123; 05-16-2006 at 02:52 PM.
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