Verdantreach Expert MT5
- Experts
- Ruengrit Loondecha
- 버전: 1.2
- 활성화: 5
- Verdantreach Expert
- Working best with GOLD - H1
- Require minimal 300$ for 0.01 (AutoLot feature inside)
- Optimize update monthly. stay in Comment
- Live trade @ https://t.me/lullfrx
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Indicators and Concepts
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Quantitative Qualitative Estimation (QQE):
- QQE is an enhanced version of the Relative Strength Index (RSI) that includes a smoothed RSI and volatility filters. It provides signals based on trend strength and potential reversals, offering a refined view of market momentum.
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Average True Range (ATR):
- ATR measures market volatility by calculating the average range between the high and low prices over a specified period. It helps in setting stop-loss levels and take-profit targets based on market volatility.
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Hull Moving Average (HMA):
- HMA is a smooth moving average that reduces lag and improves the responsiveness to price changes. It helps identify the current trend and potential reversal points more accurately than traditional moving averages.
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Ichimoku Kinko Hyo:
- Ichimoku is a comprehensive indicator that provides information about support and resistance levels, trend direction, momentum, and potential future price points. It consists of multiple lines (Tenkan-sen, Kijun-sen, Senkou Span A & B, and Chikou Span) and a cloud (Kumo) to visualize market conditions.
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Timer:
- In this context, a Timer might refer to time-based trading considerations, such as specific times to enter or exit trades or session-specific strategies.
Trade Style
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Trailing Stop with High:
- A trailing stop is set at the highest price reached after entering a trade. As the price increases, the trailing stop moves upward, locking in profits. This approach helps maximize gains while protecting against significant reversals.
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Stop Loss (SL) by Percentage:
- The stop-loss level is determined by a fixed percentage from the entry price. This method sets a predefined risk limit for each trade, ensuring consistent risk management.
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Take Profit (TP) by ATR Coefficient:
- The take-profit level is set based on a multiple (coefficient) of the ATR. This approach uses market volatility to determine a dynamic profit target, allowing for adaptation to changing market conditions. The ATR coefficient adjusts the TP distance based on the average range of price movements, providing a flexible and responsive profit-taking strategy.