Market Condition Evaluation based on standard indicators in Metatrader 5 - page 9
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I closed open trades and open one more sell stop order (for USDCHF only):
And it is metatrader statement attached - first trades were made by signal (I subscribed to some signal), and all the trades for today were made by me using our market condition evaluation.
Just to remind: I used Absolute Strengh indicator to evaluate market condition (this indicator will be available on CodeBase soon), and MaksiGen_Range_Move MTF indicator to trade on selected direction by pre-selected pairs.
It was good entry today for 3 Stoch MaFibo, EURUSD M1 (about this system - see first page of the thread): price crossed SMA with 3 stoch indicators as a confirmation, and it was first profit level. By the way, first profit level is just 10 or 12 pips in profit only.
Today's update: I made market condition evaluation in the morning on the same way as i did it yesterday (read this thread for more information about how to do it). After that - I estimated pairs to trade and direction (buy or sell). I selected GBPUSD, GBPJPY and USDCHF to trade.
And this is updated situation for now:
Good breakout (breakdown) is going on right now for USDCHF. But I already double my initial deposit (it was 1K few days ago).
Yes, it was breakout (breakdown) on USDCHF. Deposit is growing:
And this is updated statement (attached)
Just want to remind that I am taking market condition using Absolute Strengh indicator on H4/D1 timeframe, and trading using MaksiGen_Range_Move MTF indicator on M1 timeframe.