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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King Trade Copier relie des terminaux MetaTrader qui tournent sur le même ordinateur ou le même VPS. Les trades ouverts sur un compte apparaissent sur les autres. Le fichier contient les deux rôles, de sorte que le même téléchargement devient l'émetteur ou un récepteur selon la valeur que vous donnez à Mode. Sur chaque graphique, le panneau indique si ce terminal envoie ou reçoit, nomme le compte de l'autre côté, compte les récepteurs qui ont répondu et donne l'ancienneté du dernier signal. Un
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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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