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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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Thi Thu Ha Hoang
4.7 (27)
Asesores Expertos
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Xian Qin Ceng
5 (6)
Asesores Expertos
A muchas personas les gusta el comercio con XAUUSD, y yo no soy una excepción. Después de acumular algo de experiencia comercial y trabajo duro, creé este EA Apocalypse XAU específicamente para operar con todas las variedades relacionadas con XAU, como XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD. Sin embargo, considerando que muchas personas pueden no necesitar operar con todos los pares de divisas XAU, sino solo con XAUUSD, un EA de nivel de entrada se vuelve muy significativo. Entonces decidí c
Bitcoin Robot MT5
Marzena Maria Szmit
4.48 (44)
Asesores Expertos
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Gold Scalper Trading MT5
Ho Tuan Thang
3.72 (25)
Asesores Expertos
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Vasiliy Strukov
5 (7)
Asesores Expertos
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Gold Harvest MT5
Abdul Jalil Mridah
4.33 (3)
Asesores Expertos
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 Trend Scalping MT5
Lo Thi Mai Loan
Asesores Expertos
Bienvenido a Gold Trend Scalping PROMOCIÓN DE LANZAMIENTO: ¡Quedan pocas copias a este precio!  El precio aumentará después de cada 5 ventas. Próximo precio: $393.99 Precio final: $1993.99   SEÑAL EN VIVO Gold Trend Scalping es el primer EA que he diseñado específicamente para el oro. El EA utiliza una estrategia de trading siguiendo la tendencia basada en marcos de tiempo más grandes. Emplea un super trend para detectar la tendencia principal del marco de tiempo más grande y luego abre operaci
Diamond Titan FX
Lo Thi Mai Loan
4.33 (21)
Asesores Expertos
Hola, soy Diamond Titan FX. Este EA está diseñado especialmente para pares US30. El EA no utiliza ninguna estrategia arriesgada como Martingale o Grid. Por defecto, el EA establece un SL fijo de 50 pips para cada operación, pero puedes cambiarlo si lo deseas. El EA también implementa un trailing stop que asegura ganancias desde 10 pips, que también puedes modificar. Cuenta con una función de gestión de drawdown para toda la cuenta. El EA incluye una opción de filtro de noticias si deseas desact
Aura Neuron MT5
Stanislav Tomilov
5 (3)
Asesores Expertos
Aura Neuron es un asesor experto distintivo que continúa la serie de sistemas de negociación Aura. Al aprovechar las redes neuronales avanzadas y las estrategias de negociación clásicas de vanguardia, Aura Neuron ofrece un enfoque innovador con un excelente rendimiento potencial. Este asesor experto, totalmente automatizado, está diseñado para operar en pares de divisas como EURUSD y XAUUSD (ORO). Ha demostrado una estabilidad constante en estos pares desde 1999 hasta 2023. El sistema evita téc
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