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My personal and current manual strategy
My strategy is constantly evolving but I will lay it out here in its current state.
For my charting and trading I use MT4 platform, my broker is Tallinex(high leverage)
I have lately been focusing on AUD/JPY.
I will open two AUD/JPY charts at least.
I have a few templates set up I can just load up and do analysis on both AUD/JPY charts.,
One template constists of this: Parabolic SAR, two sma(one at 5 to 10, the other at 20 to 50, still experimenting), these indicators on candle stick chart, red down, green up
The other template is: Bollinger bands, two smas, heikin ashi indicator, with a fractal zig zag indicator
I also draw trend lines, support resistances, as well as fibonacci retracements.
When these indicators show a possible trend reversal, I then focus in on the candles themselves and analyse the candle patterns and individual doji candles.
I use these combined together to show me the most likely point of trend reversal/continuation. I wait for at least two confirmation signals, one may be the crossing of sma's, another would be parabolic sar reversal, and another would be reading doji patterns.
NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
NEW Bonus to MT4talk PRO Members!
MT4talk © Forex AI Signal - Trade Executor EA!
Hi,Do you have any strategy test result for your system ? how many pips do you enjoy ? pls share by screenshort.Thanks a lo for your system.
nobody will understand or try any strategy if screenshots are not used to display the system. so dude please show us some screen shots
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