The strategy “Inside the system”

Şartname

The strategy “Inside the system” is based on news trading. As a rule, traders who choose news trading, try to price in all the releases of statistical data as well as meetings and speeches. As a result, they receive insignificant profit. What is more, fresh news leads to higher market volatility, spreads become bigger, and traders find it really difficult to open or close positions. Of course, such an approach may cause losses.

However, the strategy “Inside the system” is a bit different. It offers traders to pay attention only to particular news releases, that is the ECB (The European Central Bank) meeting results. During the meeting, economists discuss various issues and make decisions on the key interest rate. It means that traders are recommended to enter the market on the days when the ECB meeting takes place and the event is indicated in the macroeconomic calendar.
As a rule, after the ECB meeting, the price chooses one direction and follows it until the end of the day. Of course, from time to time, there are zig-zag fluctuations. However, in this case, there are some principles that may help avoid risks.
Analysts were monitoring the price movement after the ECB meeting for two years. They managed to formulate a rule: if the price moves in either direction (up or down) by 0.3%, in most cases, it will continue moving in the same direction until the end of the day.
Using this principle, we can make the right decision to reach success
How to trade 
Let us consider the trading rules of the strategy “Inside the system” using a particular example (Picture 1). Thus, 15 minutes before the ECB meeting, there was a small candlestick. Mark it on the chart slightly to the left from the vertical line (Picture 1.1).

Once the candlestick closes, place both buy stop and sell stop pending orders 0.3% higher or lower than the close price of the previous candlestick.

But how to calculate this 0.3% correctly? In fact, it is very easy. Find out the price at the moment of the candlestick closing. In this particular case, it was 1.1615 pips. We should calculate how many pips 0.3% will be from this price.

Let us make the following calculations: 1.1615 *0.003 = 0.0034845. Round the value and convert it into pips. Thus, we have 35 pips. It means that the pending order should be placed 35 pips higher or lower than the price

Yanıtlandı

1
Geliştirici 1
Derecelendirme
(258)
Projeler
269
29%
Arabuluculuk
1
100% / 0%
Süresi dolmuş
3
1%
Çalışıyor
Yayınlandı: 2 kod
2
Geliştirici 2
Derecelendirme
Projeler
0
0%
Arabuluculuk
0
Süresi dolmuş
0
Serbest
3
Geliştirici 3
Derecelendirme
(13)
Projeler
18
11%
Arabuluculuk
6
33% / 67%
Süresi dolmuş
1
6%
Serbest
Yayınlandı: 1 kod
Benzer siparişler
//———————————————————————————————————————————————————————————————————— struct S_MCAV { double matureSum; double totalSum; double value; void Init () { matureSum = 0.0; totalSum = 0.0; value = 0.5; } void AddContext (int ctx) { totalSum += 1.0; if (ctx == 1) matureSum += 1.0; } void ApplyDecay (double rate) { matureSum *= rate; totalSum *= rate; } void Update () {
SPECIFICA TECNICA Cerco uno sviluppatore MQL5 esperto per sviluppare da zero un Expert Advisor completamente nuovo per XAUUSD su MT5. Non desidero un semplice Expert Advisor basato su indicatori fissi. Desidero un sistema di trading dinamico e adattivo , in grado di adattare il comportamento alle diverse condizioni di mercato di XAUUSD. Lo sviluppatore può utilizzare tecniche appropriate quali trend Following
MetaTrader 5 (MT5) Price-Level Monitoring & Automated Phone Call Alert System Developer Needed Project Overview I am looking for an experienced developer to build a custom trading assistant for MetaTrader 5 (MT5) that monitors important price levels I manually mark on my charts and immediately calls my phone when the market reaches or interacts with those levels. This is Phase 1 of a larger trading assistant project
I need an Expert Advisor (EA) programmed and designed to help me with trading. Requirements: * The programmer must have experience in implementing software projects. * The script must be high-quality, clean, clear, and editable at any time, with ownership of the script provided. * It must work on the MT4 platform. * The maximum project completion time is 7 to 14 days. * The programmer must be cooperative and

Proje bilgisi

Bütçe
30+ USD