Daily Profit - H1 Trading using SMA
All,
I'm sharing another simplest egy for H1 trading, it is possible to try anytime but most profitable between 5 AM to 11 AM EST..
In case you do not need to spend over 10-15 minutes daily for stress free trading then please quit reading this thread and visit my other thread (https://www.nigeriaforextrading.com/...converter.html) .
Lets discuss H1 egy today
Indiors SMA 5,0, close BB 20,0,2,close
Time Required - EA will send alarms, initially We'll take positions manually and after We'll start using EA for trading too
Avoid Risk - Positions over 5 percent of account value and do not take multiple positions on same pair, even setup is 100% correct Sideways pattern (Updated on 17-Dec-2016) Long - SMA line ought to in upward direction Short - SMA lineup should be downward direction Blow Level SMA Entry Long - When previous H1 bull candle has crossed BB main lineup and SMA is above BB main line. Short - When previous H1 bear candle has crossed BB main lineup and SMA is under BB main line. Candle shouldn't touch the upper/lower BB lineup (Optional)
Stop reduction high( 15 Pips)/non(-15 Pips) of candle, if candle is too short you might go to T-2 candle.
Require Profit/Exit Take 2 positions of same setup, and close the first setup after taking profit and leave the another set up to run forever Maintain moving SL for second place as per SR Second Position - you might depart when candle touches/cross BB top/bottom line. Position - you might leave if you have minimum 3 candles profit as a portion of 1:3 egy. You may exist on breakeven if setup goes in reverse direction. I'm attaching following EAs (Updated version - 09/17/2016)
1. -H1-Alerts - This EA will notify to a telephone if configured onto your MT4 account. Trading is disabled for the time being.
2. -H1-Test - This EA has trading empowered but please use it to get backtest.
Backtest result for EURUSD is 74 percent profit!
You could try this egy on older charts, fantastic luck!
Disclaimer : USE OF THIS THREAD/SUGGESTIONS AT YOUR OWN DISCRETION AND RISK AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY LOSS!
https://www.nigeriaforextrading.com/...2087275300.ex4
