asiangambler
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I need some feedback on this strategy, before we begin, this is mt4 platform. eur/usd 1 min chart
Settings :
right click on chart first, properties --> Color scheme : black on white
Colors tab --> Line graph --> None
Common tab --> tick show ask line
WHEN TO BUY :
always pay attention to the HORIZONTAL grid, when the bid line hit the same level as horizontal grid, enter buy 0.01 lot, if the market goes up and bid line hit another upper horizontal grid, enter buy 0.01 lot again
keep entering new lot when the bid line hit another upper horizontal grid
WHEN TO SELL :
similar to previous strategy, ask line is the red color line in the chart. always pay attention to the HORIZONTAL grid, when the ask line hit the same level as horizontal grid, enter sell 0.01 lot, if the market goes down and ask line hit another lower horizontal grid, enter sell 0.01 lot again
keep entering new lot when the ask line hit another lower horizontal grid
THE DEAL :
this require extremely high speed connection as we constantly scalping. as long as market moves we ALWAYS catching the trend. high spread or typical retail platform wont work or very hard to make profit, and does anyone have ea or bot that automatically closes all the position when profit 2 pips?
or when total amount is in profit, use script to close all position. hedging needs to be allowed
pls give feedback on this strategy, thx
Settings :
right click on chart first, properties --> Color scheme : black on white
Colors tab --> Line graph --> None
Common tab --> tick show ask line
WHEN TO BUY :
always pay attention to the HORIZONTAL grid, when the bid line hit the same level as horizontal grid, enter buy 0.01 lot, if the market goes up and bid line hit another upper horizontal grid, enter buy 0.01 lot again
keep entering new lot when the bid line hit another upper horizontal grid
WHEN TO SELL :
similar to previous strategy, ask line is the red color line in the chart. always pay attention to the HORIZONTAL grid, when the ask line hit the same level as horizontal grid, enter sell 0.01 lot, if the market goes down and ask line hit another lower horizontal grid, enter sell 0.01 lot again
keep entering new lot when the ask line hit another lower horizontal grid
THE DEAL :
this require extremely high speed connection as we constantly scalping. as long as market moves we ALWAYS catching the trend. high spread or typical retail platform wont work or very hard to make profit, and does anyone have ea or bot that automatically closes all the position when profit 2 pips?
or when total amount is in profit, use script to close all position. hedging needs to be allowed
pls give feedback on this strategy, thx
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