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Dow theory Snowball Martingale

Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines:

  1. Dow Theory Strategy: This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price action.

  2. RSI for Confirmation: Relative Strength Index (RSI) can be used as a confirmation tool. For example, you might open a buy position when the price is in an uptrend according to Dow Theory and RSI is below a certain oversold threshold (e.g., RSI < 30), indicating potential buying opportunities.

  3. Zigzag Indicator for Support and Resistance: The Zigzag indicator helps in identifying significant highs and lows in the price movement. You can use these levels as potential stop-loss and take-profit points. For instance, set stop-loss just below the recent swing low for long positions and take-profit at the nearest swing high.

Recommendations:

Currency pair: XAUUSD
Timeframe: M15
deposit : $100
Account type: Standard
Brokers : Exness (https://one.exnesstrack.net/a/t5m9v5m9) 
When you resister Exness account please fill Partner code: t5m9v5m9 for commission pay back 50% (rebate)


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Bitte kontaktieren Sie mich nach dem Kauf, um die richtigen Einstellungen zu erhalten. Falsche Einstellungen können zu schlechten Ergebnissen führen. Neue Produkte stehen in den Regalen und es laufen Sonderaktionen. Für jedes verkaufte Exemplar erhöht sich der Preis um 50 $ auf 1.500 $! Top Trend Plus basiert auf   Top   Trend, das 20 % ausmacht. Es vereint meine anderen hervorragenden EAs, bietet Unterstützung für XAUUSD-Varianten, fügt vier Handelsmodi hinzu und fügt zwei Zeitauswahlmodi hi
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Forever Star   EA   ist eine nächtliche Kopfhautbehandlung, die sich von New Way Scalper unterscheidet. Sie ist eine Ergänzung zu New Way Scalper und kann zusammenwirken, um bessere Ergebnisse zu erzielen.   Für immer       Star EA   wird auf 15M oder H1 eingesetzt und kann 15 oder mehr Währungspaare handeln. Es steht jedem frei, die beste Kombination in seinem Kopf zu bilden. Forever Star EA ist einfach zu bedienen und ermöglicht Ihnen den Handel mit mehreren Währungspaaren über nur einen Char
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3.33 (6)
Experten
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Abdul Jalil Mridah
4.33 (3)
Experten
Promotional s uper discount  for today   for few copies .  Prices may increase at any time. Final price will be 4999 USD. Set Files for Gold Harvest MT5   and  Live Signal Please just change Risk Level (1-80). No need other field change and Risk Level 2 = 2% risk for 1000 equity or above. It's only good works on XAUUSD H1 Timeframe. This robot is profitable. This robot requires minimum deposit of 100 equity. You can get good results with it. You can test it first . It will increase the volume i
Gold Scalper Trading MT5
Ho Tuan Thang
3.83 (29)
Experten
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2251841 Gold Scalper Trading is an EA that uses a complex trading methodology that includes cross-market analysis to find scalpable entry points with XAUUSD, one of the market's wildest running pairs. EA uses stop loss for all orders, only 1 order and does not use any dangerous trading methods: No grid, no martingale,... Gold Scalper Trading is o
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Lo Thi Mai Loan
3.89 (9)
Experten
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Vasiliy Strukov
5 (5)
Experten
Gold Scalping Expert ist ein sehr intelligenter intelligenter Algorithmus, der die Reaktion von Gold bei verschiedenen einflussreichen Ereignissen wie geopolitischen Nachrichten, Pandemien und wirtschaftlichen Veränderungen ausnutzt. Dieses System handelt Ausbrüche mithilfe des beliebten Zick-Zack-Indikators, indem es ausstehende Aufträge an den Wendepunkten platziert. Wenn der Preis über diese Niveaus hinaus ausbricht, werden die Aufträge ausgelöst. Der EA verwendet einen sehr intelligenten Tr
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