written below is a piece of an effective system that is very good for you ,if you dont have much time to sit in front of ur computer.
patiently follow the instruction and trade well.you can set the pend manually or decide to use an EA to do that.
the general rule is , do not delet any pend order.
more over i will be putting all my newly developed systems LAB work here for all , other than camarilla .
Goodluck
----------------------------------------------
strategy based on camarilla pivots: EURUSD and GBPUSD only
_____________________________________
Buy Logic :
___________
When a price touches L3 , take a buy
and stoploss will be 5 pip lower than
L4
Target :
________
when a price touches H3, exit the buy
______________________
when a stoploss is hit, do reverse
trade and target will be L5 for the
sell entry.and SL will be 5pips above L3.
Sell Logic :
____________
when a price touches H3, take a sell
and stoploss will be 5 pip above than
H4
Target :
________
When a price touches L3, exit the sell
(book profits)
______________________
when a stoploss is hit, do reverse
trade and target will be H5 for the
buy entry and Sl will be 5pip below H3
------------------------------------------------------
patiently follow the instruction and trade well.you can set the pend manually or decide to use an EA to do that.
the general rule is , do not delet any pend order.
more over i will be putting all my newly developed systems LAB work here for all , other than camarilla .
Goodluck
----------------------------------------------
strategy based on camarilla pivots: EURUSD and GBPUSD only
_____________________________________
Buy Logic :
___________
When a price touches L3 , take a buy
and stoploss will be 5 pip lower than
L4
Target :
________
when a price touches H3, exit the buy
______________________
when a stoploss is hit, do reverse
trade and target will be L5 for the
sell entry.and SL will be 5pips above L3.
Sell Logic :
____________
when a price touches H3, take a sell
and stoploss will be 5 pip above than
H4
Target :
________
When a price touches L3, exit the sell
(book profits)
______________________
when a stoploss is hit, do reverse
trade and target will be H5 for the
buy entry and Sl will be 5pip below H3
------------------------------------------------------
Attached File(s)
camarilladt1.mq4
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514 downloads