It is a enjoyable system that I would love to see an EA made for it. With this technique you actually have to leap into trades at simply the suitable time and its arduous for me to scan all of the pairs, regulate every arrange and never miss out on the entries. The issue is I do miss out on loads of good trades. An EA bot would actually assist go into the commerce after which I can manually monitor it from there on when to exit.
*With this technique it’s a must to use the template or arrange the symptoms as I’ve them. Primarily the channel strains. For greatest outcomes don’t enter a commerce if worth has already crossed the yellow line.
Finest time-frame: 15 minutes.
- Watch for tremendous sign to type. The additional away from the yellow line the higher.
- Watch for a development arrow.
- Watch for the histogram to vary the alternative coloration.
- Once more, for greatest outcomes, make certain worth has not crossed the yellow heart line.
It is a “SCALPING” technique, meant to seize round 5-10 pips solely. You would possibly be capable to seize extra on the upper time frames with larger strikes, however for myself, I discover it has the very best outcomes on the 15 minute time frames.
For an EA bot, I would love one thing quite simple and simple to know:
*Trades at a time
- If worth has already crossed the middle yellow line, then the bot will cancel the commerce and wait for one more setup.