Forget for a moment about SL. Focus on Tp at the moment you entrance the market.
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- and now - if the market move down than entrance Buy 4 (buy again, 4 transactions opened), ALL TP must be moved to the Level TP4 which means TP4 = TP1, TP2, TP3 and TP4 will bring the PROFIT
4h TIME FRAME - REMEMBER - you have to patient because the market may need some time to respond, there is possibilities that you will have to open 5th transaction or more on this pair - MANAGE YOUR BUDGET !!!!! - DO NOT INVEST EVERYTHING YOU HAVE !!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- and now - if the market move down than entrance Buy 4 (buy again, 4 transactions opened), ALL TP must be moved to the Level TP4 which means TP4 = TP1, TP2, TP3 and TP4 will bring the PROFIT
4h TIME FRAME - REMEMBER - you have to patient because the market may need some time to respond, there is possibilities that you will have to open 5th transaction or more on this pair - MANAGE YOUR BUDGET !!!!! - DO NOT INVEST EVERYTHING YOU HAVE !!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Comentarios:
Buy1 level was activated (buy) - 1 transaction open Buy1
Comentarios:
Buy2 level activated (buy) - 2 transactions open - Buy1 and Buy2
Comentarios:
Buy3 level activated (buy) - 3 transactions open - Buy1, Buy2 and Buy3
Comentarios:
Buy4 level activated (buy) - 4 transactions open - Buy1, Buy2, Buy3 and Buy4
Comentarios:
Algorithm add more levels
Comentarios:
it is the same upgrade. I just added the levels.
Comentarios:
After 23 days market closed our 4 positions with total profit of 265 pips
- Buy1: +18 pips
- Buy2: +46 pips
- Buy3: +93 pips
- Buy4: +108 pips
Total: +265 pips
- Buy1: +18 pips
- Buy2: +46 pips
- Buy3: +93 pips
- Buy4: +108 pips
Total: +265 pips
Comentarios:
This Algorithm is no more active. Please do not make any more transactions at levels Buy5, Buy6, Buy7, Buy8 and Buy9
