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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Easy Trade Executor è uno strumento per il calcolo rapido del lotto, l'esecuzione degli ordini e la gestione dei trade in MT4. Posiziona direttamente sul grafico i livelli di Entrata, Stop Loss e Take Profit, ottieni il calcolo automatico del lotto e apri trade con rischio controllato in pochi clic. Perché scegliere Easy Trade Executor? Easy Trade Executor è stato progettato per i trader che cercano molto più di un semplice calcolatore del rischio. Vogliono gestire i propri trade in modo rapido
RS Trade Copier
Boris Sedov
5 (1)
RS Trade Copier - il local trade copier ultra-veloce con una vera interfaccia grafica. Smetti di inserire i numeri di conto manualmente. Addio alle interminabili liste di oltre 200 parametri nelle impostazioni. Uno strumento affidabile e flessibile per copiare operazioni di trading tra multipli terminali MT4 e MT5. È adatto sia a trader esperti e servizi di segnali, sia a investitori privati. Permette di sincronizzare il trading da uno o più Fornitori a uno o più Clienti con elevata precisione e
EchoTrade Telegram Signal Backtester VALIDATE TELEGRAM SIGNALS IN MINUTES - STOP GUESSING, START BACKTESTING Stop blowing accounts on "VIP" signals that don't deliver. The EchoTrade Telegram Signal Backtester is the professional solution to audit, verify, and optimize any Telegram signal provider's performance on historical data. Most signal providers show you their wins but hide their losses. This tool reveals the naked truth. By combining a powerful Data Manager (included) with an advanced MT4
Altri dall’autore
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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