Fishing Trading System - Collecting Maximum Profit in Semi-Automatic Mode
By popular request.
Hello, forex trader friends! Have you ever thought about the fact that you are missing many movements on the chart? And all of them are a source of potential profit. But it is also impossible to watch the market around the clock, especially considering the large number of currency pairs, agree. What should you do? Traders from our forum tackled this problem and soon the semi-automatic trading strategy "Fishing" was born. Designed to squeeze MAXIMUM profit out of the market.
Characteristics of the "Fishing" Forex Strategy
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, NZDUSD
Timeframe: D1 (application on H4 and H1 is possible)
Trading time: around the clock, for intraday trading - the London session and the beginning of the American session
Recommended brokers: Alpari, Roboforex
Reference Section
- Strategy installation instructions
- FAQ on working with expert advisors
- How to work with a VPS
- Installing Renko charts (at the beginning of the video)
- Forex scripts for MT4 and how to use them
Entry Rules
1) Breakout of one of the FishingInd indicator lines
2) Alex Activity is above the level
If within 5 candles there has been no breakout of the Alex Activity level, we do not enter.
Stop-Loss and Take-Profit
Profit and loss limits are at the trader's discretion. Basic rules: stop-loss and take-profit are equal to two levels of the Alex Activity indicator. More details are in the video.
Pyramiding, money management, differences for working with different instruments, using scripts to automate entries, additions to the system, etc.
You will learn about all this from the video at the beginning of the review.
Download the Files of the "Fishing" Trading System
Important! Nuances of Installation in New Metatrader 4 Builds
Forum Thread (must read)
Respectfully, Pavel
TradeLikeaPro.ru
Hello, forex trader friends! Have you ever thought about the fact that you are missing many movements on the chart?