Techniques to make DD_Ran! more effectively utilized
I appreciate your continued support!
I’m Okabe from Cross Retailing Co., Ltd., the sole member of the Tool Development Team, with a smile^^(laugh)
Thank you very much for always using the tools from the Tool Development Team.
This time
「Are you making a profit with scalping by a lot!? 5-minute chart exclusive signal tool」
"DD_Ran!" is introduced with techniques to use it more effectively!
This version of ‘DD_Ran!’ responds to the EMA10 crossing at each timeframe,
and is configured to emit signals accordingly.
Since it is a mechanism to detect trend reversal points,
if used well, you can also reliably earn profits on 5-minute scalping★
Now, I will actually explain while looking at the chart.
This time we will draw lines at recent high and low to distinguish ranges from trends.
(Sorry, I’m a die-hard lines believer…)
We will draw lines at the recent high and low,
and watch the market for a while,
where buy signals (blue) and sell signals (pink)
appear alternately, I think you’ll notice.
In other words, the EMA is swapping frequently,
so the market is experiencing multiple reversals — it can be considered a ranging market, right?
Let’s keep watching for a while (*^^*)
We have broken above the high!
Since we confirmed a break of the high,
this time we will place a buy entry on the break signal after the breakout ♪
This time we set the stop loss at the most recent low (including wicks)
and placed a 1:2 reward-to-risk ratio for exit.
The distance to the stop loss was 6 pips,
so the profit was 12 pips with a gain of 12 pips!
I’m glad I could take it cleanly without a reversal!
After that, the market continued to rise strongly,
so if you apply discretion to the take-profit judgment, you can push it even further ★
For example, SMA break or OCO at higher timeframe highs
Please feel free to adopt your preferred exit method.
Please use this time’s “DD_Ran!”
so that you can accumulate profits reliably even with scalping, I would be happy^^
Thank you for reading until the end!
If you have not yet obtained “DD_Ran!”click here to get it
Tool Development Team