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Spezifikation
INDICATORS- Fractals(MT4 Bill Williams), Fractal-zigzag no-repaint (Set at zzdepth-3, zzdev-1)(attached), and Fibonacci tool.
BUY ENTRY- Once price breaks the most recent Lower High price on a downtrend indicated by the most recent fractal-up and red arrow of Fractal-zigzag no-repaint (labelled LEVEL A on the attached chart) by 2 pips+spread, we BUY.
EXITS:Stop loss is placed 2 pips below the most recent low before the entry (labelled LEVEL B on the attached chart) indicated by the most recent fractal-down and blue arrow.
Take profit 2 pips from 261 fibo extension level of LEVEL A and LEVEL B (labelled LEVEL C on the attached chart).
N.B- For re-entry in the same direction once price reaches 261, if a new lower high is formed, buy once price breaks it by 2 pips+ spread. The exits follow the same rules.
SELL ENTRY- Once price breaks the most recent higher low price on an uptrend indicated by the most recent fractal-down and blue arrow ofFractal-zigzag no-repaint (labelled LEVEL A on the attached chart) by 2 pips, we SELL.
EXITS: Stop loss is placed 2 pips+ spread above the most recent high before the entry (labelled LEVEL B on the chart) indicated by the most recent fractal-up and red arrow.
Take profit 2 pips from 261 fibo extention level of LEVEL A and LEVEL B. ( labelled LEVEL C on the attached chart).
Time frame is 15min.
Trading time is 8am to 4pm Nigerian time.
BUY ENTRY- Once price breaks the most recent Lower High price on a downtrend indicated by the most recent fractal-up and red arrow of Fractal-zigzag no-repaint (labelled LEVEL A on the attached chart) by 2 pips+spread, we BUY.
EXITS:Stop loss is placed 2 pips below the most recent low before the entry (labelled LEVEL B on the attached chart) indicated by the most recent fractal-down and blue arrow.
Take profit 2 pips from 261 fibo extension level of LEVEL A and LEVEL B (labelled LEVEL C on the attached chart).
N.B- For re-entry in the same direction once price reaches 261, if a new lower high is formed, buy once price breaks it by 2 pips+ spread. The exits follow the same rules.
SELL ENTRY- Once price breaks the most recent higher low price on an uptrend indicated by the most recent fractal-down and blue arrow ofFractal-zigzag no-repaint (labelled LEVEL A on the attached chart) by 2 pips, we SELL.
EXITS: Stop loss is placed 2 pips+ spread above the most recent high before the entry (labelled LEVEL B on the chart) indicated by the most recent fractal-up and red arrow.
Take profit 2 pips from 261 fibo extention level of LEVEL A and LEVEL B. ( labelled LEVEL C on the attached chart).
N.B- For re-entry in the same direction once price reaches 261, if a new higher low is formed, sell once price breaks it by 2 pips. The exits follow the same rules.
N.B- Close a position once a reverse entry signal occur, and open new position in the reverse direction. Also, move stop loss to breakeven once 15 pips is moved.
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300 - 500 USD
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von 3 bis 7 Tag(e)