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MetaTrader 5

MT5 Experts MT5 Indicators MT5 Libraries MT5 Utilities

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Information

Experts
MetaTrader 5
Anton Zverev
1.38
5

Overview

So that in the future we can enter the market during Gaps:

Limited edition of 200-300 copies will be sold.


Recommendations

  • Currency pair: XAUUSD
  • Timeframe: any
  • Risk management: I recommend a maximum risk of 0.01 lot for $300
  • Broker: best IC Markets, only brokers with time shift +3 GMT are suitable

The strategy uses Gap technology:

A gap in Forex, or price break, is a situation where the opening price of a new trading period (for example, a day) differs significantly from the closing price of the previous period, creating a break or gap on the chart.   This phenomenon often occurs in the Forex market after weekends or holidays when important news can affect the price of currencies.

  • Common gap:
    A small gap that often occurs within an existing trading range and is quickly closed.
  • Breakaway gap:
    Indicates the formation of a new trend after a period of consolidation.
  • Runaway gap:
    Confirms the strength of the current trend.
  • Exhaustion gap:
    Occurs at the end of a strong price impulse.




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