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Simple method that works well !
I'd like to share my method of trading with anyone who is interested. Please feel free to give me feed back as I am always open to inprovement ideas or critcism as I dont profess to being an expert but this is what I have found good for me.
Im still only a demo trader at the moment but this method allows me to double my account balance every 2 weeks for 3 months solid My prefered method is as follows Indicators 2 moving averages, first at 4 exp closed and blue in colour,second at 6 exp open and red ADX set at 14 in yellow,d+ in blue,d- in red Asctrendsig 1 ,imput at 4,400. 0 is blue and 1 is red 5 minute,15 minute charts Method, I do this on with both the 5 and 15 min charts (MT4) running on the same screen at the same time and both these charts must give same signals When blue ema is on top,its buy,red on top sell,adx must support this also with a strong high or going up yellow line,asc trend signal also in support and only enter a trade when adx blue and red cross agressively and the ema's also seperate agressively showing a strong move.Get out when either your ema' cross over,you get an apposing esignal,or the adx turns down agressively( Yellow line ) or if the adx"s blue or red lines reverse or cross. I aim to increase my balance by 10% a day and a pip is worth 1/100TH of my balance. In other words, I get my ten pips then Im done for the day.I haven't had a loosing day yet but if I got ten pips down, I will call it a day also.I only aim for 10 pips because I can only for 4 hours of an evening, most days I get in 2hrs. What do you think? |
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Asctrend1 sig
Not sure if this is the signal Symtec23 is speaking of (this is for MT4)
Indicators with alert/signal see message #2 to download |
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Simple method that works well
Symtec23,
Which currency pair are you trading? It appears you are only making 1 trade per day and you have a 100% win rate and you risk 10% of your account balance on each trade, is that correct? Dennis |
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Re Indicators
Im using mt4.signal for asctrend can also be found at www.gordago.com/?act=indic
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