Trading libraries for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
This factor is traded on the 5M five-minute frame
Please see the explanations in the attached images
Trading is done according to the trend. If the trend is upward, we buy only when the red line is touched
If the trend is downward, we sell only when the blue line is touched
In the case of a sideways trend, we can sell when the blue line is touched and buy when the red line is touched
When the price reaches the red buy line or the sell line from above, we enter a deal and stop the loss at 50 points
And you can achieve 20 points, which is only $ 2 on the lowest lot or when contacting the other line or a little before it, before the line by about 10 points, which is $ 1 on the lowest lot, depending on the spread of the company that provides you..
You can manually place the TP slightly above the line from 5 to 10 points of sale in the case of the equivalent of $ 1 on the lowest number and the same thing in the case of buying
If the target is reached, the deal ends
Wait again until the price reaches the same line again with a candle closing below or above the line according to buying or selling and it should not It closes with a size greater than half the distance between the two lines because it cannot be entered as the profit will be small in this case or no sale
You must manage your capital well and do not always risk more than 10 to 20%.
