Good day, fellow trader.In today's forex video we meet with strategy Pip Generator , intended for trading on the timeframes H1 and H4 (though enthusiasts use it and M15).The system is light, is available arrow (much-loved by many), but take the signals we will not all.Learn more - see the video..
Rules strategy Pip Generator
Take only the signals that have appeared during the European session.
Rules for shopping :
Login: open position with the appearance of an arrow up, if this Master Probability is greater than or equal to 20. To enter the position using the 2 order.
Stop-loss: to stop order one order using the latest local minimum, catching on the chart.Put a stop to the 10-20 points below this minimum.Stop-loss orders are placed second equal to the current value of ATR.
Take Profit: Take Profit order is placed first at the nearest local maximum, Take the second order is the value of the ATR, in the opening position, multiplied by 1.5 or 2.
Out of position: close the positio
rules for sales:
Login: enter into sales orders 2, if there is a down arrow + Master Probability value is equal to or less than -20.
Stop Loss: Stop the first order is placed just above (paragraphs 10-20), the last local maximum, the stop order of the second order is placed equal to the current value of ATR.
Take Profit: Take the first order is placed at the level of the last significant local minimum, and take-profit orders equal to the value of another ATR at the opening position, multiplied by 1.5 or 2 (depending on the volatility of the market).
Out of position: close the position, without waiting for work take profit or stop loss in case 1) There was an arrow upwards;2) Master probability value is equal to or greater than zero.
more detailed rules and examples of transactions analyzed in the video.
Download files Strategy Pip Generator
Important!Nuances of the installation in new builds Metatrader 4