Submit through Benjamin de Vries 31/01/2016
This HFT approach is a trend following procedure. In line with pullbacks and volatile markets.
Very correct and extremely high RR ratio.
Time Body: 1 minute simply!
Financial Markets: volatile markets like GBP/JPY, EUR/JPY, GOLD, EUR/AUD, GBP/USD, EUR/NZD
Do not alternate 20 minutes previously and after high have an effect on news
Be certain that that you will have low spreads (< 2 pips)
Metatrader Indicators (all non-repaint):
RSI (period 2, oversold stage 15, overbought degree 85)
Trading policies IAB HFT
– When IAB Style converted from red to white
– When fee entered in IAB Channel oversold region
– When RSI is/become oversold
– Then wait until the RSI closes in RSI overbought zone (>85)
– Fee seriously is not in the IAB overbought zone
– Open purchase on the open of the subsequent candle
– When IAB Vogue transformed from white to pink
– When cost entered in IAB Channel overbought place
– When RSI is/changed into overbought
– Then wait till the RSI closes in RSI oversold zone (<15)
– Price seriously isn’t within the IAB oversold zone
– Open promote on the open of the following candle
As a rule RR 1:20.
Stop loss is 1 pip above/lower than prior candle.
Goal is eighty pips. Flow SL to breakeven after 20 pips.
Move SL to +20 after 40 pips. Stream SL to +forty after 60 pips until eventually eighty pips is hit.
Do not change each oppertunity within the comparable vogue. If you crammed your pocket in a trend by using hitting the TP once, just
await the brand new fashion exchange. Notwithstanding what percentage pips you earned. When greedy, it can fill your broker.
When by using these guidelines, it’s going to fill your bank 😉
In the pictures IAB HTF Process in motion.
I deleted the file on the grounds that it really is no longer free.