【Valley Auto Entry】Timing of entry and entry avoidance conditions
【Valley Auto Entry】Timing for entry and conditions to avoid entry
In the Heaven-and-Earth Hills, there is a sign indicator specialized for a bullish bias called the “valley.”
Furthermore, there is something called the valley auto-entry.
When is the actual timing for auto-entry in the valley?
What are the conditions under which auto-entry in the valley does not occur?
For those who are curious, this article summarizes
the reasons for valley auto-entry and the conditions to avoid the entry
primarily for personal use, but I have put them together.
What is valley auto-entry
Valley auto-entry is an EA that you install on the chart, and
it automatically enters when the valley disappears
.
Take-profit and stop-loss pips can be input as well, and once entered, take-profit and stop-loss are set automatically.
Currently, using the swing ABUATR2 to display pips makes it possible to gauge take-profit and stop-loss as well.
For valley trading,I input ABUATR2 pips into the auto-entry parameters.
(It is better to display ABUATR2 after the valley occurs, otherwise the pips fluctuate.)
Other rules
- Once entered, automatic trading stops
- Even if EA shows a smile, the EA stops and will not enter (same for Heaven and Earth valley auto-entry)
Actual timing when valley auto-entry occurs
Sorry for the lengthy preface, but the actual timing for valley auto-entry is as follows.
When the valley disappearssecond gray opening priceit gets entered.
In a chart, this is the start of the blue bullish candle.
The first gray one after the valley disappears is not confirmed, so there are patterns where the valley remains lit.
Patterns to avoid valley auto-entry
In fact, valley auto-entry。stops the EA under certain conditionsfrom operating.
When the valley disappears and the second gray appears,a zero-line crosshas already occurred.
As shown in the image,
when the mountain crosses the zero line, valley entry is not made.
The valley itself can be a pullback-buying or a rally-selling point, butpullbacks or rallies can be too strong and indicate a trend reversal or a trend endingas well.
This automatically avoids the trend reversal/end.
An image would look like this.
A normal pullback buy
Trend reversal/end (zero-line cross)
This article is short, but that is all.
Thank you for reading to the end!