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Introducing PLUTUS ROCK , an amazing expert advisor for MT5, delivering your forex trading journey to the next level. This meticulously created expert advisor provides you the opportunity to experience the safety and comfort of automated trading. This expert advisor employs a breakout strategy created based on the back-testing and optimization of multiple forex currency pairs over the years. This expert uses stoploss and takeprofit limits for each trade, and the value at risk at each position is
This utility tool helps us to open trades and set orders very simply by just double-clicking on the chart. The volume of the positions and orders can be a constant lot size or determined based on a risk of equity. Take profit limit of the positions can be determined based on a Risk to Reward Ratio or simply by just a double-click.
For Positions: 1- At first, you need to double-click on the SL price. (For a buy position, you need to click on a price below the live price, and for a sell posit
This indicator demonstrates the probable dynamic support and resistance levels of EMA, Ichimoku lines, and Key OHLC levels for different timeframes on one chart. This can drastically reduce the time and effort needed for switching between different timeframes.
EMA and Ichimoku Levels are drawn for the M1, M5, M15, M30, H1, H4, and D1 timeframes, and the Key OHLC levels of the last periods are drawn for the H4, D1, W1, and MN1 timeframes.
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When trading price action or using price action triggers such as Pbars, Inside Bars, Shaved Bars, etc. it is important to always wait for the bar/candle to close more than anything else.It is often the case (whether it’s the 4H, hourly, etc) that price action will be dominant in one direction for the majority of the candle only to reverse strongly at the end of the candle. Institutional traders know retail traders are less disciplined than they are. They know a good trading candle pattern coul
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