However, I must say that the trader must be patient to wait for the signals to appear. Hello Kamel, thanks for a nice strategy. Price type 1 is open price. I work with the price action too and i like your site that i consult every morning. I have never won 30pips until I adapted to your method.
The original simple forex course that 's have downloaded for free.
How Do I Use This Simple Forex Trading System?
Not even enough to get nervous. This is a killer system. If your a newbie, trade it for a couple of weeks on a demo account, even if you are experienced, get used to it for a couple of days on a demo account. Also, in a sell trade, it works the same but in reverse. New York session — anytime from 1 hour before the market opens until a couple of hours after.
London session — from about 2 am until 5am EST. Asian session — about 6 pm until 9 pm EST. We have a refund policy "Only" if the item didn't work on MT4 but must provide a proof 2. We make no warranty of: All statements regarding the product are Vendor promises, not us…. We shall not be held responsible of results caused by any item from our site. If we found out, we will ban your account and your IP without notice.
You will not get any updates of any item you buy. If a trade was successfully created — you will see this, but more importantly, if a trade was not created — you will be told why. This will allow you to know right away that everything is going as planned, and your trade has not been set NOT because of an error, but rather because of a filter within the Trading Strategy. The second update is that I added a MarketExecution parameter. You have to do this separately after the order has been created.
In Simple System v6. As you can see from the image, I have added one new parameter — the Magic number. This is an identifier of your trades and allows you to use multiple expert advisors in the same terminal. The rest of the logic is the same. If you want to have more than 1 Simple System expert advisor running in a single MetaTrader 4 platform, then you need to use v5. This will allow each expert advisor to identify its own trades, therefore preventing them from interfering with each other.
Disregard the parameters specified in the image — you will have to find parameters your own parameters. For example, if the AutoHandle5Digits module is on then: The following messages are NOT errors of the EA, they are simply indicating why an order was not opened at the set time: I will try template again but when I loaded template on the 23 currencies the rsi was there but no moving averages.
I have uninstalled template and downloaded again and everytime I get the black background red and blue candles. The rsi but no macd or moving averages on chart. After template i have to add the kg macd and the snipers but when add snipers just one moving average.
I remember a while back you wrote about a student of yours called Edward,he posted some impressive results on his demo account…just wanted to know if this system is the same one he used to achieve such outstanding results. Thanks and happy trading! Do it once again and make sure all files are in the right place. Im not sure if theirs a glitch in the files but everything is installed properly the indicators are on the left side and the template with them all is in the template folder when I right click on graph to load template the template is there and when clicked it loads up without the sniper and kg macd.
Price type 0 is close price. Price type 1 is open price. Price type 2 is the maximum price for the period. Price type 3 is the minimum price for the period. The sniper MA 1 and sniper MA 2 seem not to be on the same chart. Hi Kamel I assumed that you only hold your open position 24 hours more or less if you open position based on Daily Chart.
How long do you usually hold your open position if you based on weekly and monthly charts? I took a position on close of the Stop loss at bottom of candle PIPS 1: Just one more question. If you make a trade on the opening of Fridays candlestick will you hold it over the weekend because of financing costs?
Hello Trader UAE, the bar has to be below the red line for sell and above for buy. My last 4 trades have taken profit within 24 hours of making the trade. I only trade strong reversal candles and only trade the scissors if I catch it at the beginning when candle has touched sniper. Not a candle later that has broke threw sniper even though it still has scissor shape. I am getting amazing results with this system. Finally having confidence to trade and be disciplined because of the rules to make the trade.
On scissor setups I place my stop loss at bottom or top of candle but on reversals I have been placing my stop loss just above or under the candle open price.
On reversals is that a risky stop loss? I depends on the markets conditions. Sometimes they get hit consecutively. There is no special rule for the stop loss and target. I know you trade gold and silver. This eBook shows you the shortest way to acheive Financial Freedom: Just before you go, did you check This System? Make sure to do it now, otherwise you will regret. Article by LuckScout Team. May 25, at May 25, at 1: May 26, at 8: Peter H Oltersdorf says: May 27, at 7: May 27, at 9: May 30, at 2: May 25, at 2: May 25, at 7: May 25, at 8: May 26, at 1: May 26, at 3: May 26, at May 29, at 3: May 27, at 6: May 27, at June 4, at 5: May 28, at May 28, at 5: May 29, at 2: June 4, at 3: June 5, at 3: June 5, at 7: June 14, at June 7, at June 7, at 1: June 7, at 2: June 7, at 5: June 9, at June 14, at 3: June 15, at 6: June 19, at 8: June 20, at 1: June 29, at 9: June 30, at 3: July 1, at 2: July 1, at 3: July 1, at 4: July 1, at 5:
How do you “Keep It Simple”?
An Easy Day Trading Forex Strategy The best times to trade. Granted the forex markets are opened 24/5 but we want to trade when there is a good amount of volatility and these times are as follows. I will use Eastern Standard Time and you will have to translate it to your time where ever . As you can see, we have all the components of a good forex trading system. First, we’ve decided that this is a swing trading system, and that we will trade on a daily chart. Next, we use simple moving averages to help us identify a new trend as early as possible. The Stochastic help us determine. K.I.S.S. ' Keep it Simple Stupid Forex Trading Method ' - The acronym K.I.S.S. stands for Keep It Simple Stupid. This acronym is as applicable to the field of Forex trading as it is to any. 'Keeping it simple' in regards to your Forex trading means keeping all aspects of your Forex trading simple, from the way you think about price movement to the way you execute your trades.