[Trade Example][MT4] Public Bias + Historical
Tokyo time on 10/31 (from 9:00),
I traded using Public Bias + Historical, so I will inform you of the entry points and settlement including.
The time frame used was [1-minute chart].
The entries were shorts on EURJPY and GBPJPY (EURJPY 4 positions, GBPJPY 4 positions entered).
The method used was [scalping].
① This is the image after the Tokyo session began.
As shown in the chart, all three pairs (USDJPY, EURJPY, GBPJPY) displayed red bars indicating selling pressure, so the bias was short. However, for USDJPY, EURJPY, and GBPJPY, the 4-hour moving average indicated a buying bias, so I planned to close positions as soon as profits appeared.
② This is the scene where the price pulled back.
There was a small pullback, so I added more selling positions (nampin-style, but I split the lots to allow up to 10 shots).
The recent high was the reason for entry.
③ This is the scene where profits started appearing.
It was not quite 10 pips, but I took partial profits here. (I admit the entry point was not great, though.)
④ This is the scene about an hour later.
Afterward, the price rose and then fell again. (EURJPY was turning into a green buy pattern, so early settlement was indeed important.)
In this way, I hope you can use the 'Public Bias + Historical' indicator.
There are function limitations, however,
【Trial version indicator link (free）】
※ Please start with the link above.We are preparing the following.
★ Also, for those considering purchasing the MT4 Public Bias + Historical,【MT4】【Multifaceted Analysis】 Multi-timeframe, Fibonacci direction and horizontal lines indicator(worth about 3,000 yen)We will offer these as a set.①pavrikkubaiasu+hisutorikaru_2.02.ex4and②MTF_fibo_1.01.ex4as a bundled package.
Thank you.