Market Predatorfx58

Quoting fanatics

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{quote} I am interested and can help on the coding.

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Quoting CliffyC

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{quote} Hi Fanatics, im new where do I go for read ups and what are the sites I could self learn about coding on mt4? what are the sites you visited to self teach when ur like me at square one, knowing nothing about coding?

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Quoting CliffyC

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{quote} Hi Fanatics, im new where do I go for read ups and what are the sites I could self learn about coding on mt4? what are the sites you visited to self teach when ur like me at square one, knowing nothing about coding?

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Quoting PrinceJ58

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Most trades have triggered. Some triggered for sell at first and are now on a buy reaction from the news. As long as you followed the rules you should be in profits...

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Quoting PrinceJ58

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The next move is to combine the necessary information needed to trade this strategy into one PDF or word document to make this easier. The idea is that this strategy works across all volatile assets, across all sessions. The driving force behind this system is the ranges found leading up to the upcoming session with medium to high impact news, yes fundamental data releases. This system is aimed at capitalizing on breakouts both ways for some pairs. Hence we need two pending orders. Pin bars, morning and evening stars inclusive of other reversal...

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Quoting PrinceJ58

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Most trades have triggered. Some triggered for sell at first and are now on a buy reaction from the news. As long as you followed the rules you should be in profits...

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Quoting PrinceJ58

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What happens when you don't follow the steps of the system I have done a demonstration on a demo account. Common mistakes of traders make with this system: Trading without stop-loss Not moving stop-loss Not using Take Profit or Closing out method Not taking incremental Profits Not using multiples in trade sizes for proper money management. Not letting the trade do its journey Not observing Potential reversal closed candles Not being aware {image}

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Quoting fanatics

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{quote} Thanks for taking the effort to open a demo to show us. You mentioned about collating all information to one document. Will you be doing it? I think it would really help us to be aware of the exact rules and nuances. Example trade management, moving stop loss to breakeven, taking profit on ads etc Once the document is done we can follow it to code which would make it easy to follow

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Quoting PrinceJ58

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{quote} Yeah, I started compiling the document this morning.

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Quoting fanatics

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{quote} That's great! Thanks.cant wait to start work on this. Yes the retracement is really wicked. So we must have a good trade management method so that we don't give up our profits easily

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Quoting PrinceJ58

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{quote} Actually Wicked to those who don't pay attention, there are traders who concentrate on different scenarios: Reversals Trend Trading Fundamental-News releases Breakouts Etc

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Quoting PrinceJ58

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In filling out the cheat sheet, use: the H1 timeframe to look back more than 1 month or more for ranges and input the maximum range that yields a profitable breakout where ADR is concerned input the one for maximum period, yesterday does not count- try 108 days-results. Look for the session it ranges in and input the information under the column. N.B. Through this process this will allow you to be in sync with the strategy, where by you will be able to identify the best time to trade a particular asset, remember to share.

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