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No Nonsense Trade Entry

Then the script will take the necessary action:

1.    Finds out how volatile is the pair and saves value for future calculation.

2.    By implementing risk management strategy, it calculates how much money to risk on one trade.

3.    Then it calculates lot size to trade after getting volatility value and risk amount.

4.    Furthermore, it calculates take profit and stop loss level.

5.    Finally, it sends order to take trade with optimum lot size risking given risk percentage and putting stop loss and take profit level.

That how easily I do almost 50 % of my trade consistently accurately and efficiently.


IT abidies by all the trade guide lines of No non sense forex way. 


The criteria in taking trade in “No nonsense forex “ways are:

A.      Pre requisites:

·       leverage of 20,
·       Using Day trading
·       2% risk in every pair.

 

B.      While trading:

·       When all the indicators give trigger signals.
·       Take two trades in one pair with the risk of 1% each
·       One with TP at 1times ATR and one with no TP while both has 1.5  times ATR stoploss, with the help of previous candle ATR values.


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An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
Mentfx Mmanage
Anton Jere Calmes
5 (16)
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Its best to have Money and Risk management strategy than not to have any. Those strategy helps to risk low amount in any trade and helps to manage money so that few loosing trade wont have significant impact in your trading balance. The best part is it does all the calculations and places order accordingly. Other things that it does are: Makes sure that only 2% of total balance is risked per trade. Manges money by investing high in low volatile pairs and invest less in high volatile pairs Places
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