Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
The price will increase by $ 1 per day or reach a maximum of $ 300 This is not a marketing technique, it is just an incentive for you to value your time moreThere is an important but very simple rule
To succeed in any market, this condition must be met
✔️ Minimum Winrate = 1 / (1 + Reward:Risk)
So how can we use this condition?
The first step is to choose the ratio of profit to loss
- I like the value 1
How to determine the amount of stop loss and take profit?
I will teach you a simple way
Choose a period of time, for example 1 year(note that the longer the period, the better the result). Find small peaks and valleys, write down their amount and get the average at the end of it.( zigzag and atr can help well)
? Very important point
- If the amount obtained is small, that market will not benefit you ⛔
What is the right amount?
? I will tell you an important point
The value obtained must be at least 10 times the spread.
Congratulations, you have done 50% of the work
What is the next step? Success rate
I say my method, but you can create your own method with a little time
I use the momentum indicator, you know that this indicator can determine the direction and strength of the trend, then I filter it using several indicators and technical analysis.
That's all ?
It was simple right?
If you do not have enough time or information to do the job, I have done it for you and you can easily use this expert
