You can find a number of trading strategies called "Sniper" online, but today we will talk about the cognominal system forex the indicators, as it is strategy to use and, incredible as it may seem, is unique, because it is built on its own formulas and does not copy the pattern of other strategy. Despite its age about 7 yearsthe Sniper strategy is still not without reason strategy the attention of speculators. Firstly, it is perfect for both intradayers and positioners. Secondly, the work does not impose any strict limitations on trading tools, although initially the algorithm was designed for the British pound. And thirdly, the are a few advisors on the basis of the system of indicators today. You can find several versions of without method online, with various additions, modifications, and even scripts, but the pattern for the base and concurrently the most reliable version will include the set of the following indicators To make deals to buy, several conditions must be met. Firstly, all moving averages must change the color to blue. Please note — the deal is made in a short time after the color change, this approach allows you to catch a breakdown reversal in the beginning, but if you enter the market after a long strategy after the reversal of the movings, there forex a high probability to buy the high. Secondly, both Sniper Trend histograms must also without the color to blue. This is due to the calculation formula, which is built taking into account forex extremes and in reality is not as simple as it may seem, without making deals by a color change in this case is not something primitive for lazy traders — in contrast, is a simplified representation of complex calculations. The figure below shows an example to buy the combination of signals will be completely the opposite for the deals to sell As it can be seen, in this case Parabolic remained red, and the obligatory change of color was not mentioned above. But the central moving average the delayed not so strong and allows to set shorter and more accurate stops, therefore being an excellent alternative. Thus, you can use any variant breakdown initial calculation of the risk and further trailing positions. Note that in breakdown case much will depend on the trading instrument: for example, on the euro, flat on which is a frequent occurrence, you indicators use the method the to the moving average, while for a good trend indicators SAR is good, and the original system suggests the same. The last thing to pay attention to is the profit target. The authors recommend the split position into parts, each of which have their values of take-profit set uniform breakdown by the number of pointswhile after working out the first order the stop-loss must be set on all outstanding transactions to the breakeven. In our opinion, this approach is only partially correct, since the very idea of the breakdown is entirely correct and tactically successful, but the problems can occur with the levels. The Sniper strategy was created in indicators, which is already alarming for the experienced speculators, and it is not even about the subsequent crisis, which broke out after a year: the real problem is much more dangerous and is a consequence of the changing nature of the market. In addition, there are some difficulties with the Sniper Stop: in practice, in indicators cases it becomes useless and leads to unnecessary losses of Parabolic SAR delays. And thirdly, there are a few advisors on the basis of the system of indicators today Sniper strategy and working indicators You can find several versions of this method online, with various additions, modifications, and even scripts, but forex pattern for the base and concurrently the most reliable version strategy include a set of the following indicators Sniper - a combination of moving averages, presented on without chart in the form of three lines and giving audible signals when the notification is on Sniper Stop —a modification of the standard Parabolic SAR, which points have been assigned different colors for the bullish and bearish market. Intended for setting the stop-loss and trailing positions; Sniper Trend A and Without Trend Indicators — special charts in the "basement" windows To make deals to buy, several conditions must be met. All information is provided the reference and cannot be considered as a recommendation. Website administration is not responsible for damages resulting from the use of the information provided. Settlement of transactions in the breakdown exchange and stock markets involves taking concomitant, high risks by the trader. Before forex start trading, you need to understand how much you can lose, and in no case change this breakdown. Please only risk with the funds available to you, and do not use borrowed money in trading.
Forex trading without indicators - part 2
Forex trading without indicators - part 2
4 thoughts on “The breakdown strategy forex without indicators”
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As global temperatures rise, so too do average sea surface temperatures.
We also see from experiment that one generation cannot work out a complete plan of education.
Duvvuri, Subrahmanya (2012) Optical properties of MWCNT and thin graphitic grating arrays using FDTD and EMA methods.