Trading system "Fishing" - we collect maximum profit on a semiautomatic device
By popular demand.
Hello friends forex traders! Have you ever thought that you miss a lot of movements on the chart? But all of them are a source of potential profit. But it is also impossible to monitor the market round the clock, especially given the large number of currency pairs, agree. How to be Traders from our forum were puzzled by this problem and soon the semi-automatic trading strategy “Fishing” came into being. Aimed at squeezing the maximum profit out of the market.
Characteristics of the forex strategy "Fishing"
Platform: Metatrader 4
Currency pairs: EURUSD, GBPUSD, USDCHF, USDJPY, USDCAD, CADJPY, AUDUSD, EURAUD, EURJPY, EURGBP, USDDKK, AUDCAD, AUDJPY, EURNZD, NZDJPY, GBPJPY, GBPCAD, GBPAUD, GBPNZD, XAUUSD, NZD
Timeframe: D1 (can be used on H4 and H1)
Trading time: around the clock, for intraday trading - the London session and the beginning of the American
Recommended DC: Alpari, Roboforex
1) Breakdown of one of the lines of the FishingInd indicator
2) Alex Activity more than a level
If within 5 candles there was no breakdown of the Alex Activity level, we do not enter.
Stop Loss and Take Profit
Restrictions on profit and loss - at the discretion of the trader. Basic rules: stop loss and take profit are equal to two levels of the Alex Activity indicator. More details in the video.
Top-ups, money management, differences for working with different tools, the use of scripts, automation of inputs, additions to the system, etc.
You will learn about all this from the video at the beginning of the review.