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Multi-Trendlines Breakout - expert
When the current price is below trendlines, EA will wait for upward breakout, and vice versa. Trade and popup/sound/email/mobile breakout alert options are all included at this EA, but trade option needs to be set "true" if needed. For currencies with 5 or 3 digits, targetprofit/stoploss/slippage will be automatically multiplied by 10.
I am sharing the simplest strategy for stress free day trading, I have ever seen anywhere else
Time Required - Just 15 minutes daily after D1 close when new candle starts.
Lower timeframe charts, even H4 is not reliable.
Risk - Do not take positions more than 5% of account value and do not take multiple positions of same currency (Max 2), even setup is 100% correct
Sideways pattern, see below
(Updated on 17-Dec-2016)
Long - SMA line in upward direction
Short - SMA line in downward direction
Ignore - Flat SMA line
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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
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