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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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IMPORTANT: The price of $449 will go up to $599, then to $699 until it reaches it's final price of $999. Harmony Drive es un sistema sofisticado que opera con una cesta cuidadosamente seleccionada de los siguientes símbolos: USDJPY,  CHFJPY, AUDUSD, USDCAD, USDCHF y NZDUSD. Estos pares fueron estratégicamente elegidos por sus características y comportamientos de mercado diversos: Pares principales como USDJPY y USDCHF ofrecen alta liquidez y spreads ajustados, ideales para el trading frecuente
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Chen Jia Qi
4.53 (81)
Asesores Expertos
Live signal : TrendMaster FX The MT4 version : TrendMaster FX MT4   Actualmente tenemos una promoción de prueba para nuestro EA. Después de la compra, contáctenos para obtener acceso a "Gold Garden" o "AI TradingVision GPX". Para más detalles, por favor contáctenos . Pares de divisas recomendados: GBP/USD (GBPUSD) USD/CAD (USDCAD) Configuración de riesgo: Para los comerciantes agresivos, el riesgo máximo está configurado en 0.15. Para los comerciantes más conservadores, especialmente aquellos c
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Dilwyn Tng
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Asesores Expertos
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Gold Trade Pro MT5
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4.56 (32)
Asesores Expertos
Promoción de lanzamiento! ¡Solo quedan unas pocas copias a 449 $! Próximo precio: 599$ Precio final: 999$ Obtenga 1 EA gratis (para 2 cuentas comerciales) -> contácteme después de la compra Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro se une al club de Gold Trading EA, pero
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5 (55)
Asesores Expertos
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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Ugochukwu Mobi
5 (2)
Asesores Expertos
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Stanislav Tomilov
5 (14)
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Thi Thu Ha Hoang
4.71 (28)
Asesores Expertos
¿Alguna vez te has preguntado por qué la mayoría de los asesores expertos no son efectivos en el trading en vivo, a pesar de su perfecto rendimiento en las pruebas retrospectivas? La respuesta más probable es el sobreajuste. Muchos EAs se crean para 'aprender' y adaptarse perfectamente a los datos históricos disponibles, pero fallan en predecir el futuro debido a la falta de generalización en el modelo construido. Algunos desarrolladores simplemente desconocen la existencia del sobreajuste, o l
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Lo Thi Mai Loan
4 (4)
Asesores Expertos
Consulta los resultados en vivo aquí: Señal personal de $50K: [Haz clic aquí] Señal en vivo de la firma Prop: [Haz clic aquí] Versión de MT4 aquí: [Haz clic aquí] Bienvenido a Quantum Algo Trading MT5 EA . Este EA está diseñado para ser más que un simple sistema mecánico; será tu compañero en tu viaje de trading a lo largo de tu vida. El EA utiliza un sistema de ruptura con un algoritmo optimizado por alguien con más de 13 años de experiencia en trading y programación. A diferencia de o
Diamond Titan FX
Lo Thi Mai Loan
4.8 (20)
Asesores Expertos
Oferta de lanzamiento Solo quedan 3 ventas más para comprar al precio actual. Precio siguiente: $1233 Obtén gratis el Nasdaq Algo EA -> contáctame después de la compra Live signal - 1:    https://www.mql5.com/en/signals/2220190?source=Site+Profile+Seller Live signal - 2:  https://www.mql5.com/en/signals/2242066?source=Site+Profile+Seller#!tab=account Prop Signal:  https://www.mql5.com/en/signals/2223219?source=Site+Signals+Profile+From+Author MT4:  https://www.mql5.com/en/market/product/116012?
Dow Jones Algo EA
Lo Thi Mai Loan
Asesores Expertos
Bienvenido a Dow Jones Algo EA PROMOCIÓN DE LANZAMIENTO: ¡Solo quedan unas pocas copias al precio actual! Precio final: $2993.99  BONO - COMPRA LA VERSIÓN DE POR VIDA DE Dow Jones Algo EA Y OBTÉN GRATIS 1 EA (limitado a 2 cuentas) => ¡Consulta en privado para más detalles! SEÑAL EN VIVO Dow Jones Algo EA (DJA) es un EA que utiliza una estrategia basada en un algoritmo que calcula los precios de cierre de las últimas 100 velas en los marcos de tiempo de 5, 10, 15 minutos, 1 hora, 4 horas y 1
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