Metatrader 4 System

Variables are painted red below

Please create different modules (.mp4 files), for each rule.

• Time frame variable 1 Hour

• Entry rule (entry.mp4):

Use A heiken Ashi indicator, to define trends:

A high is defined as: 3 BLUE heiken Ashi candles followed by 3 RED candles.

A low is defined as: 3 RED heiken Ashi candles followed by 3 BLUE candles.

Set a limit in the last high and last low:

• If no transactions are open:

• When last high is broken (surpassed) then buy.

• When last low is broken then sell

• If we have a bullish open position (bough contracts):

• when last high is broken, do nothing.

• When last low is broken then close position, and sell another one. Now we are bearish.

• If we have a bearish open position (sold contracts):

• when last high is broken,close position, and BUY. Now we are bullish, going up.

• When last low is broken then do nothing.

• Stop loss rule (StopLoss.mp4):

Set stop in the last high or low. (as in entry.mp4)

• If we sell, the set stop in the last high

• If we buy, set stop in the last low

• Position sizing Rules (how much to buy) (PositionSizing.mp4):

Create a variable for % of the account risked. Example: 1%

And divide that 1% of the account for the # of pips to the last high or low.

That will equal the number of contract we can buy.

• Print on screen (Comment)

Units (microlots) = ___

1 pip = __ $USD

Trade Value =   ___USD

Margin Used =  ___USD

Take Profit in USD= ___

Take Profit in PIPS =___

Stop loss in USD =___

Stop loss in PIPS = ___

Risk reward ratio =___