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Trading Scientifically with FxMath H1 EU-1 Expert Advisor

Trading Scientifically with FxMath H1 EU-1 Expert Advisor
Click to enlarge
Price: $18 $9
Availability: In Stock
Model: 101
Manufacturer: Missionforex
Average Rating: Not Rated

http://photohost.lelong.com.my/is.php?i=49122&img=PAY_WITH_PAYPAL.jpg

After combining all the components together and testing them, the result is this very profitable system. The system can be traded on a wide variety of currency pairs but in my own testing, I have found that it works best on the GBPUSD, EURUSD, USDJPY and the AUDUSD currency pairs. The system itself can be applied to all trading timeframes but based on the results of our tests we want to focus the majority of our trading on the timeframes that have performed the best. In particular, the H1 and H4 timeframes. Here’s a list of the indicators that we will be using

 Pivot Points indicator with default settings
 Exponential Moving Average set to 50
 MACD set to 8,17,9
 RSI set to 14 period
BUY TRADE RULES
1. The current price candle should be above the 50 EMA.
2. The MACD histogram should be above the zero level.
3. The RSI should be above the 50 line.
4. The entry is above a broken Pivot Points support or resistance line.
5. The Stop Loss is placed below the closest/next Pivot Point level.
6. The Take Profit is placed at the nearest Pivot Point level.

SELL TRADE RULES
1. The current price candle should be below the 50 EMA.
2. The MACD histogram should be below the zero level.
3. The RSI should be below the 50 line.
4. The entry is below a broken Pivot Points support or resistance line.
5. The Stop Loss is placed above the closest/next Pivot Point level.
6. The Take Profit is placed at the nearest Pivot Point level.


BONUS:

FxMath Expert Advisor

FxMath Expert Advisor

 

This EA designed for using for EURUSD pair and TimeFrame: H1. 
You can try this EA for other pairs or TFs with your risk.


Money Management Parameters :
here you can set up simple but powerful money management – risking fixed percentage of your account on every trade. 
 

UseMoneyManagement :
set to true if you want to use money management, set to false to use fixed number of lots defined in Lots. 
 

Lots :
number of lots to be used if money management is not used
 

LotsDecimals :
decimal places for lots – depending on your broker, usually 1 or 2. If your broker supports microlots then use 2, if he doesn’t then use 1. 
 

RiskInPercent :
if money management is active, set how big % of the available capital should be risked per each trade. Standard values are from 1 – 5. RiskInPercent is used only if UseFixedMoney = false
 

Maximum Lots :
maximum lots the EA would trade – as a protection for mistake in MM
 

UseFixedMoney  :
if set to true, money management will use fixed amount of money for every trade (specified in RiskInMoney parameter). RiskInPercent is then ignored. 
Setting this to true corresponds to selecting Fixed amount MM in StrategyQuant. To use this, UseMoneyManagement must be also set to true. 


forex expert-ad-visor

 Official email missionx77@yahoo.com

(Please call/whatsapp us at +60179843428 if you do not receive a reply within 12 hour  )
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