Dow theory Snowball Martingale

Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines:

  1. Dow Theory Strategy: This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price action.

  2. RSI for Confirmation: Relative Strength Index (RSI) can be used as a confirmation tool. For example, you might open a buy position when the price is in an uptrend according to Dow Theory and RSI is below a certain oversold threshold (e.g., RSI < 30), indicating potential buying opportunities.

  3. Zigzag Indicator for Support and Resistance: The Zigzag indicator helps in identifying significant highs and lows in the price movement. You can use these levels as potential stop-loss and take-profit points. For instance, set stop-loss just below the recent swing low for long positions and take-profit at the nearest swing high.

Recommendations:

Currency pair: XAUUSD
Timeframe: M15
deposit : $100
Account type: Standard
Brokers : Exness (https://one.exnesstrack.net/a/t5m9v5m9
When you resister Exness account please fill Partner code: t5m9v5m9 for commission pay back 50% (rebate)


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Remstone non è il classico Expert Advisor.   Combina anni di ricerca e gestione patrimoniale. Live:   Remstone Club   ICMarkets   Darwin VHR The price increases by $500 every profitable quarter. January: $2,500 Dal 2018   , la mia ultima società, Armonia Capital, ha fornito il segnale ARF a Darwinex, un gestore patrimoniale regolamentato dalla FCA, raccogliendo 750.000 dollari. Padroneggia 4 classi di attività con un unico consulente! Nessuna promessa, nessun adattamento, nessuna illusione. Ma
Ultimate Pulse
Clifton Creath
5 (2)
live signal  https://www.mql5.com/en/signals/2347626?source=Site +Signals+My Public Channel https://www.mql5.com/en/channels/ultimatepulse Ultimate Pulse ***Launch price ends January 6th**** Overview Ultimate Pulse is an Expert Advisor designed to extract profit from natural market movement. It takes profit on each position individually or in grids depending on conditions. Simple, methodical, effective. Optimized for XAUUSD (Gold) on the 30-minute timeframe. How It Works The EA identifies the c
Golden Synapse
Abdelrahman Ahmed Mahmoud Ahmed
3.69 (52)
Golden Synapse EA is a precision engineered trading system that combines an advanced strategy with strict technical analysis to deliver consistent and low risk performance. Designed to trade with discipline, it avoids risky approaches and focuses entirely on quality over quantity. Every trade it takes is carefully selected and always protected by a stop loss. Golden Synapse never uses grid or martingale systems. It only opens one position at a time, keeping exposure under control and making it a
The ORB Master
Profalgo Limited
4.88 (24)
PROP FIRM READY!  PROMOZIONE DI LANCIO: NUMERO DI COPIE MOLTO LIMITATO DISPONIBILE AL PREZZO ATTUALE! Prezzo finale: 990$ Da 349$: scegli 1 EA gratis! (per un massimo di 2 numeri di conto commerciale) Offerta Combo Definitiva     ->     clicca qui UNISCITI AL GRUPPO PUBBLICO:   Clicca qui   LIVE RESULTS REVISIONE INDIPENDENTE Benvenuti a "The ORB Master"   :   il tuo vantaggio nell'apertura dei breakout di range Sfrutta la potenza della strategia Opening Range Breakout (ORB) con ORB Master E
Golden Mirage mt5
Michela Russo
4.69 (29)
Limited stock at the current price! Final price: $1999 --> PROMO: From $299 --> The price will go up every 5 purchases, next price : $399 Golden Mirage is a robust gold trading robot designed for traders who value reliability, simplicity, and professional-grade performance. Powered by a proven combination of RSI, Moving Average,  ADX, and High/Low Level  indicators, Golden Mirage delivers high-quality signals and fully automated trading on the M5 timeframe for XAUUSD (GOLD) . It features a robu
Ultimate Breakout System
Profalgo Limited
5 (29)
IMPORTANTE   : Questo pacchetto sarà venduto al prezzo corrente solo per un numero molto limitato di copie.    Il prezzo salirà a 1499$ molto velocemente    +100 strategie incluse   e altre in arrivo! BONUS   : A partire da un prezzo di 999$ --> scegli   gratuitamente 5    dei miei altri EA!  TUTTI I FILE IMPOSTATI GUIDA COMPLETA ALLA CONFIGURAZIONE E ALL'OTTIMIZZAZIONE GUIDA VIDEO SEGNALI LIVE RECENSIONE (terza parte) Benvenuti al SISTEMA DEFINITIVO DI BREAKOUT! Sono lieto di presentare l'Ul
The Techno Deity — Dominanza Digitale su XAUUSD Segnale Live: Monitora le prestazioni in tempo reale qui: https://www.mql5.com/en/signals/2349716 Promo: Ricevi l'expert Cryon X-9000 in regalo. Contattami per i dettagli. The Techno Deity è un sistema avanzato per l'oro che utilizza l'intuizione digitale per trovare squilibri di mercato e zone istituzionali, garantendo precisione e basso drawdown. Caratteristiche Liquidity Intelligence: Identifica flussi di ordini nascosti. Neural Trend Filter: Fi
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RSI Snowball Martingale
Rachyut Senakool
4 (1)
Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for opening positions, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines: Dow Theory Strategy : This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on pr
FREE
Expert Advisor (EA) that utilizes the basic EMA  Distance strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines: Dow Theory Strategy : This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price
FREE
This EA opens orders based on trends. It sets a stop loss (SL) when the price moves negatively and a take profit (TP) when each order becomes profitable. The EA has a Martingale-like behavior, and it appears that SL might not always be set if the conditions aren't fully met. Users should be prepared for potential account wipeout, but the advantage is that the starting capital is only $1000. You can use this EA to work towards recovering your initial investment, then let it continue running. The
FREE
This EA opens orders based on trends. It sets a stop loss (SL) when the price moves negatively and a take profit (TP) when each order becomes profitable. The EA has a Martingale-like behavior, and it appears that SL might not always be set if the conditions aren't fully met. Users should be prepared for potential account wipeout, but the advantage is that the starting capital is only $1000. You can use this EA to work towards recovering your initial investment, then let it continue running. The
FREE
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