Deterministic Daily Levels in every currency

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irenash
22
irenash  

Hi ALL,

By using this non-painting indicator ,price will meet two levels (ََAT LEAST) , EVERY non-sharp Trending DAYs .

MT4

Time frame: Daily

Currency: ALL

Test it , Trust it.

Be successful

Files:
hilomm.ex4 9 kb
irenash
22
irenash  
Joakin
620
Joakin  

How do you trade it?

Files:
hl.gif 32 kb
irenash
22
irenash  

Simply,

In sharp Up trend Days, use from Red-Line and above Magenta-Line.(deterministic level)

In sharp Down trend Days, use from Red-Line and below Magenta-Line.(deterministic level)

In Range Days, use from above Magenta-Line and below Magenta-Line.(deterministic level)

in the Opening of Daily candle these Lines are drawn and Guide trader to trade between these 3 Lines ,as, Daily candle cross at least two line every days.

you can see past days result, in your chart that shows

up to 70% , both Magenta-Lines are crossed.

strategy (1): simply, Hedge in the Opening price between two Magenta-Lines, and tp=Magenta-Lines price.( As price meet both)

strategy(2):in the opening of Daily candle , if opening price is above Red-Line , sell ,tp=Red-Line,and if opening price is below

Red-Line, buy,tp=Red-Line.(up to 90%)

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