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SD and Support with resistance trading

Description

This EA is made with the concept of volatility is vital in quantifying risk and opportunity in options, futures, bonds, and stock pricing.

The market structure greatly depends on the relative price movements, be in a compressed, range-bound, or trending situation. This makes having a technical indicator like standard deviation vital in making these determinations more efficiently.

When it comes to FX trading, periodic exchange rates dispersion can be interpreted in three fashions: high, normal, and low.

Each designation shows an inherent level of pricing volatility in a financial instrument or currency pair. With the standard deviation calculated, you are in a better position to make strategic considerations.

In other Hand support and resistance are two foundational concepts in technical analysis. Understanding what these terms mean and their practical application is essential to correctly reading price charts.

Prices move because of Supply and Demand .When demand is greater than supply, prices rise. When supply is greater than demand, prices fall. Sometimes, prices will move sideways as both supply and demand are in equilibrium.

The best Timeframe to trade with this EA is from 1H to 4H on Forex pairs.



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Hello algo traders. This Expert Advisor can be considered the apogee of my activity in Forex. I managed to apply all my knowledge to the development of this trading system. The Expert Advisor trades on gold (XAUUSD), any timeframe (the same on any TF), the initial account balance is from $50. The following presets are available "GS default SL 001for100" (same as default settings). Each position has several closing logics, including a hidden StopLoss, which is calculated individually for each
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Enrique Enguix
4.69 (26)
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Rodrigo Arana Garcia
5 (4)
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Ramil Minniakhmetov
4.77 (354)
EA Black Dragon arbeitet mit dem Black Dragon-Indikator. Der Expert Advisor eröffnet einen Deal anhand der Farbe des Indikators, dann ist es möglich, das Ordernetzwerk aufzubauen oder mit einem Stop-Loss zu arbeiten. Die Überwachung der realen Arbeit sowie meine anderen Entwicklungen finden Sie hier: https://www.mql5.com/en/users/mechanic/seller Alle Einstellungen finden Sie hier! Empfehlungen Währungspaare EURUSD GBPUSD  Zeitrahmen M15  Empfohlene Einzahlung 1000 Dollar oder Cent  Empf
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Anna Poraj
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Ho Tuan Thang
4.25 (16)
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