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Hey!. Welcome to my board, some explanation below: IC Markets XAUUSD M30 Low Risk Scalper system for M30 XAUUSD . Default file is ready to use and it has a very interesting working mechanism based on the indicator Tyr-Bands XAU. The indicator already points the way with an arrow, what this trading system does is to activate a buy/sell of 0.05 Lots (Yes, it has to be above 0.01 lots), because the system has partial closures depending on configuration, A1 50%/25%; A2 100%; A3 75%/25%
Tyr Bands Indicator (IC MARKETS GOLD). Just drag and drop. This indicators gets you entry points for the market. it is for gold, but you can configure for any other currency. Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stochcastic is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it
Tyr Bands Indicator Tyr Band works with BB and 3 different deviations, plus the Stochastic confirmation. So when the price closes below/above the BB Reversal Band (Red) and the Stoch is in the confirmation zone, then the arrow (buy/sell) appears. This arrow indicates that we can entry to the market up/down on the next opening. Since it is only an indicator, it will not place SL or TP, we need to have them placed manually if you want to trade. The SL will lie on the external BB band (Blue), and