Hello
Dear Mql5 Community
In this post i am going to introduce my trading system base on moving average 75 and pro engulfing indicator signals
Basic :
This trading system designed base on difference between current price and moving average and also price action patterns. work on M1 and has good performance on USDJPY, GBPUSD, EURUSD.
Moving average by period 75 and pro engulfing indicator are signal generators.
How sell signal generate by this strategy.
When price cross up moving average 75 in M1, and goes up, start to make sell opportunity, but you need have patience and wait for good entry time.
Pro engulfing indicator will detect sell engulf pattern above moving average 75 and check distance and compare it by atr value, so when you hear pro engulfing indicator alert, it means good tim.
Then open sell position , place take profit on first green line, stop loss on red line
Notes :
- Avoid trade on news time
- Do trade in long term direction can be safer
My manual trade result , my evening trade time on 2020/11/07
broker hot Forex
leverage 100
profit 13% in hours.
How to find pro engulfing indicator :
https://www.mql5.com/en/market/product/52023
What was pro engulfing setting in above real trade ?
Already attached here
