I have a indicator that has the potential to make a good amount of profit if applied correctly.It is a modified parabolic 3par. It seems this indicator eliminates most of the noise created by traditional psar..If applied correctly it can produce.
1)The EA must scan on the indicators default settings to find long or short entry.
2)When an entry is found it must open a position long or short based on the First Dot and First Dot only.. the indicator can produce.
3)There must be a take profit...a stop loss...and a blackout(trade times) input.I recommend a 5pip tp without a stop loss but the input must be present until traders feel comfortable with the system.
The main idea with this EA is to trade it on Eurusd during Ny trade sessiion only.That is where the volume is present so we can get three to five swtches in direction and at least 5 to 10 pips.After the EA is assembled it is up to the individual trader to determine what session hours are the best...but keep in mind if you limit your trade time to high volume peak time you can pretty much trade whatever lot size you want and get your five pips four x over.
I would probably start 530 to 600 gmt and end 1200-1300. With that much being said let me explain my indicator choice.Psar is one of the only indicators that doesnt repaint or give false signals and this new version is a great indicator unlike line science or arrows and zigs and non lag that.But its not perfect as to take the first dot and let it run...but it is perfect for 5 to ten pips x4 to 5 on a limited time frame five days a week.Simple
So one of you programers talents please put your uniqe skills to use so the community can make some money.
Oh also use 15min or better chart Eurusd and only limited time...take small profit and use large lots. Demo first until you get in the grove.
EA is rogue trader
Thanks guys Regards
1)The EA must scan on the indicators default settings to find long or short entry.
2)When an entry is found it must open a position long or short based on the First Dot and First Dot only.. the indicator can produce.
3)There must be a take profit...a stop loss...and a blackout(trade times) input.I recommend a 5pip tp without a stop loss but the input must be present until traders feel comfortable with the system.
The main idea with this EA is to trade it on Eurusd during Ny trade sessiion only.That is where the volume is present so we can get three to five swtches in direction and at least 5 to 10 pips.After the EA is assembled it is up to the individual trader to determine what session hours are the best...but keep in mind if you limit your trade time to high volume peak time you can pretty much trade whatever lot size you want and get your five pips four x over.
I would probably start 530 to 600 gmt and end 1200-1300. With that much being said let me explain my indicator choice.Psar is one of the only indicators that doesnt repaint or give false signals and this new version is a great indicator unlike line science or arrows and zigs and non lag that.But its not perfect as to take the first dot and let it run...but it is perfect for 5 to ten pips x4 to 5 on a limited time frame five days a week.Simple
So one of you programers talents please put your uniqe skills to use so the community can make some money.
Oh also use 15min or better chart Eurusd and only limited time...take small profit and use large lots. Demo first until you get in the grove.
EA is rogue trader
Thanks guys Regards
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