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Never miss an opportunity with a pending order But if market structure changes or during events it can act against you It is better to place pending orders with expire time This tool will be helpful for you with preset expire time Buy Limit : This order is placed below the current market price. Traders use it when they anticipate a pullback or retracement before the price continues to rise. Sell Limit : This order is placed above the current market price. It’s used
This indicator will show week and monthhigh low, very useful to understand the market sentiment. To trade within the range/ break out. Low- can act as support- can used for pull back or break out High- can act as resistance- can used for pull back or break out Breakout strategy refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in its most juicy state followed by a trending move
This tool helps you to find easily and clearly when you enter trade with day time and price examples Entered Buy at Monday 20:30 with price 2150 Exited buy at Tues 10: 30 with price 2187 You can convert as local time by inputting shift hours and minutes. Trading is a learning skill, so you have to evaluate your trading performance at the end of your day. Did you follow your rules? If you did then it was a win, regardless if you earned pips or not. If you
Review your trades is important key to succeeed in trading, with my tool it will be very easy to review all your trades. Just load my tool and load the account history. It will show where and when entered and exited. And one of the key ways to continually improve and iterate on our trading is to review our past trades and trading performance as a whole. Because you won’t notice the mistakes in the moment. And you can’t take a big picture view when you’re focusing on the micro aspects of each
The risk-to-reward ratio is used for assessing the potential profit (reward) against the potential loss (risk) of a trade. Stock traders and investors use the R/R ratio to fix the price at which they'll exit the trade, irrespective of whether it generates profit or loss. A stop-loss order is generally used to exit the position in case it starts moving in an opposite direction to what a trader anticipated. The relationship between the risk and reward helps determine
This indicator will show yesterday and today high low, very useful to understand the market sentiment. To trade within the range/ break out. Previous day low- can act as support- can used for pull back or break out Previous day high- can act as resistance- can used for pull back or break out The previous day high low breakout strategy refers to the day trading technique that provides traders with multiple opportunities to go either long or short . The main idea is to identify the trend in