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Dow theory Snowball Martingale

Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines:

  1. Dow Theory Strategy: This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price action.

  2. RSI for Confirmation: Relative Strength Index (RSI) can be used as a confirmation tool. For example, you might open a buy position when the price is in an uptrend according to Dow Theory and RSI is below a certain oversold threshold (e.g., RSI < 30), indicating potential buying opportunities.

  3. Zigzag Indicator for Support and Resistance: The Zigzag indicator helps in identifying significant highs and lows in the price movement. You can use these levels as potential stop-loss and take-profit points. For instance, set stop-loss just below the recent swing low for long positions and take-profit at the nearest swing high.

Recommendations:

Currency pair: XAUUSD
Timeframe: M15
deposit : $100
Account type: Standard
Brokers : Exness (https://one.exnesstrack.net/a/t5m9v5m9) 
When you resister Exness account please fill Partner code: t5m9v5m9 for commission pay back 50% (rebate)


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DOW KING EA   Es   ist ein       Vollautomatisch zugängliches System   mit allen offenen Optimierungsparametern und einem   Wiederherstellungsmechanismus. Only 1 Copies of 10 Left  for 345 $ Next Price 799 $  DOW King-LEITFADEN Signale Rückerstattung der Maklerprovision Aktualisierung Mein Blog Not        Grid       , Not        Martingale       , Not         AI         , Not         Neural Network. Default Settings for One chart        US30 M15 Jede Position hat immer eine       Feste SL &
Diamond Titan FX
Lo Thi Mai Loan
5 (3)
Experten
Startaktion: 50% RABATT! Nur noch wenige Exemplare zum Preis von $693 erhältlich! Nächster Preis: $993 Live signal:  https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT4:  https://www.mql5.com/en/market/product/116012?source=Site+Market+Product+Page Handelshistorie nach Bestehen der Prop Challenge: https://www.mql5.com/en/blogs/post/757093 FAQ: https://www.mql5.com/en/blogs/post/75709
Boring Pips MT5
Thi Thu Ha Hoang
4.65 (23)
Experten
Hast du dich jemals gefragt, warum die meisten Expertenberater im Live-Handel trotz ihrer perfekten Backtest-Performance nicht effektiv sind? Die wahrscheinlichste Antwort ist Überanpassung. Viele EAs werden erstellt, um perfekt aus den verfügbaren historischen Daten zu "lernen" und sich anzupassen, aber sie können die Zukunft nicht vorhersagen, da es an Verallgemeinerungsfähigkeit im konstruierten Modell mangelt. Einige Entwickler wissen einfach nicht von der Existenz der Überanpassung, oder si
Scalper Deriv
Antonio Simon Del Vecchio
5 (10)
Experten
Wir präsentieren Scalper Deriv: Heben Sie Ihre Scalping-Erfahrung an. Erhalten Sie 1 EA kostenlos (für 2 Handelskonten) -> Kontaktieren Sie mich nach dem Kauf. Setfiles und mehr   hier Bist du einer der Trader, die ihre Leidenschaft im Scalping finden und ihr Kapital maximal nutzen möchten? Ob du ein Guthaben von $20, $200, $2000, $20000 oder sogar $200000 auf deinem Konto hast, wir haben die perfekte Lösung für dich! Wir präsentieren Scalper Deriv , den Expert Advisor (EA), der entwickelt wu
Gold Excel MT5
Gregory Hay
4.6 (15)
Experten
Willkommen zu       GoldExcel EA MT5-Version   , gültige Trades für das Währungspaar XAUUSD (GOLD) für den Tag. Von unserem Team für die Arbeit mit regulären Konten, gesponserten Konten und Aufgaben entwickelt. Nutzen Sie keinen Hochfrequenzhandel. See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller Der Anfangspreis erhöht sich alle paar Wochen. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.com/en/signals/2
Quantum Algo Trading MT5
Lo Thi Mai Loan
5 (1)
Experten
Der aktuelle Preis ist der Werbepreis und wird bald steigen. Der Endpreis für das Produkt beträgt: $5566. Es sind nur noch wenige Exemplare zum aktuellen Preis verfügbar, der nächste Preis beträgt $566. Schauen Sie sich hier die Live-Ergebnisse an: Persönliches Live-Signal: [Klicken Sie hier] Vorschlags-Live-Signal: [Klicken Sie hier] MT4-Version hier: [Klicken Sie hier] Willkommen bei Quantum Algo Trading MT5 EA. Dieser EA wurde entwickelt, um mehr als nur ein mechanisches System zu sein
Big Forex Players MT5
Marzena Maria Szmit
4.79 (38)
Experten
We proudly present our cutting-edge robot, the Big Forex Players EA designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the biggest Banks (positions are sent from our database to th
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.79 (139)
Experten
Wir stellen vor       Quantum Trade EA   , der bahnbrechende MQL5-Expertenberater, der die Art und Weise, wie Sie mit dem prestigeträchtigen GBPUSD-Paar handeln, verändert! Quantum Trade wurde von einem Team erfahrener Händler mit über 13 Jahren Handelserfahrung entwickelt       EA wurde entwickelt, um Ihre Handelsreise mit seiner innovativen und dynamischen Breakout-Zone-Strategie auf ein neues Niveau zu heben. WICHTIG! Bitte senden Sie mir nach dem Kauf eine private Nachricht, um die Install
Way To Stars MT5
Wei Tu
Experten
Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
SSX Titan TT
Artem Minchuk
3.14 (50)
Experten
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
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RSI Snowball Martingale
Rachyut Senakool
Experten
Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for opening positions, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines: Dow Theory Strategy : This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on pr
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