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No Nonsense Trade Entry

Then the script will take the necessary action:

1.    Finds out how volatile is the pair and saves value for future calculation.

2.    By implementing risk management strategy, it calculates how much money to risk on one trade.

3.    Then it calculates lot size to trade after getting volatility value and risk amount.

4.    Furthermore, it calculates take profit and stop loss level.

5.    Finally, it sends order to take trade with optimum lot size risking given risk percentage and putting stop loss and take profit level.

That how easily I do almost 50 % of my trade consistently accurately and efficiently.


IT abidies by all the trade guide lines of No non sense forex way. 


The criteria in taking trade in “No nonsense forex “ways are:

A.      Pre requisites:

·       leverage of 20,
·       Using Day trading
·       2% risk in every pair.

 

B.      While trading:

·       When all the indicators give trigger signals.
·       Take two trades in one pair with the risk of 1% each
·       One with TP at 1times ATR and one with no TP while both has 1.5  times ATR stoploss, with the help of previous candle ATR values.


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¡TakePropips TradePad Pro incluye un poderoso administrador comercial, un medidor de fortaleza de la moneda, herramientas de informes de cuentas, herramientas de gestión de riesgos y más! ¡Es uno de los gerentes y asistentes comerciales de forex más avanzados que jamás haya encontrado! Es la solución perfecta para los comerciantes que desean una forma más eficiente de administrar las transacciones comerciales. Puede descargar el manual de usuario en nuestra publicación de blog:   https://www.mql
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
TPSpro Trade PRO
Roman Podpora
5 (3)
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Universal Telegram Alerts  is a cutting-edge trading tool that seamlessly integrates with both MT4 and Telegram, providing traders with unparalleled flexibility and convenience. The EA links your MT4 platform with Telegram, sending real-time alerts with screenshots of the chart directly to your Telegram from any indicator with buffers. The EA allows you to stay connected to your trading account at all times, even when you're away from your computer. You can receive alerts on your mobile device o
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Its best to have Money and Risk management strategy than not to have any. Those strategy helps to risk low amount in any trade and helps to manage money so that few loosing trade wont have significant impact in your trading balance. The best part is it does all the calculations and places order accordingly. Other things that it does are: Makes sure that only 2% of total balance is risked per trade. Manges money by investing high in low volatile pairs and invest less in high volatile pairs Places
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