✡ Trade without Emotion ★
Maximum Leverage for the 1st Entry with reinforcements on 90 pips interval--> 5:1 (on leverage account 500:1)
When price is far far away from Ichimoku Cloud, or equivalent (MA70), do open trade expecting approach to it.
TP 30/50/70 pips -- LOOK ONLY on high Time frames to find this, on 4h TF and daily TF combined....
If you can, try to enter on trade after sharp fall of 45/90 pips, when you are longing/buy. --> TrailingBuyLimit
I only reccomend trading this type of pairs: Europe vs Australia VS America (1)*
When price is against you, use pyramid on:
- Automatic pending reinforce on standard level price, interval of 90 pips...example 0.1+0.1+0.2+0.4+0.8 LOT.
change TP accordly in all positions to get jump off => BreakEven
(1)*don´t use pairs like eurgbp, eurchf, eurjpy
use it on eurusd, audusd, usdchf, ...
Example of finding reinforce point (90 pips gap), after break the "neckline"
- you should use this EA to pyramidate...it changes the TP of all open position if the pending order is triggered! after TP hit it creates TrailOrder * thanks to Gumrai and chjungen*
- http://www.forexfactory.com/showthread.php?p=6826033#post682603 3
- The EA will not open 1st trade automatically, you have to manualy start the trade by pending or trailing or simple market, because of that reason, it can´t be backtested the way it is made. If you have doubts, contact me or search and test on link above how to switch on the EA. Please note Im still improving some minor bugs.
Examples of other Pyramid (0.2+0.4+0.8+1.6)
Example of changing TP to BE on Pyramid
"you buy 0.2 at 9200, with TP 9250...
...price goes against you...
you buy 0.2 at 9100, you change the TP of both open position to -> (0.2*9200+0.2*9100)/(0.2+0.2)=9150
...price still goes against you, and TP is not hit...
you buy 0.4 at 9000, and change TP in all 3 position to -> (0.2*9200+0.2*9100+0.4*9000)/(0.2+0.2+0.4)=9075 "
Patience, understanding, love...most of all, we need love ♥
ps: start reading from page 3, post#50