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

	Screenshots.rar (451.3 KB, 281 views)
	Swing_Point.mq4 (3.1 KB, 150 views)

Ammm, wanna hear ur minds about my system..
Try to trade ~6-8Hours, and u will see the results, i hope.

Thank you, and good luck in trading.

Hi. You won't believe it, but I'm from Samara too. Cute to see you here.

The system is something like 3-arbitrage, hedge or so. I'm surprised a little about missed SL. In real hedge system there're 2 hedged orders at the same time. What if you determine wrong direction?

P.S. Why didn't you post this on russian forums like KROUFR?

Hi Geldz,

I think u really get the point how to trade the yen.
Two questions
What is your RPoint parameter?
What is your TP?

I am from Moscow.

Thanks

If I understand you completely, you wait for the conditions to occur on all three charts and place order only on EURJPY?
How do you determine the TP?
Thanks

I can not find the swing_point indicator. could you please post it here? what is the setting for swing_point indi? thanks

It looks as though you are using an indicator for TP? Can you post it? Also it looks as though you are looking for 1-2-3 patterns that are at a high-low on all 3 charts then entering only on the eur/jpy. Is this correct?

I use RPoint with settings: ReversePoint = 1.

I detect TP by using Fibonacci Expansion. (U can simply find it in MT4 terminal: Insert -> Fibonacci -> Expansion)

I trade only EURJPY.
EURUSD and USDJPY - i use only for analytic.

Also u can use for trade GBPJPY and for analytic: GBPUSD, USDJPY.

Glad to see u too!
I do not use SL - coz i use only 1/25 from deposit.

Hmmm. never heard about KROUFR forum.. I know only this (forex-tsd) and procapital

Anyone has tested my strategy?
What do u think ? How is resultz?

Thank you.