The Strongest Stop-Limit Claim! Once a Trend Appears, Stop-Limit Makes It Really Easy!! "Hybrid FX Trade System Aji-Nitch"

Hello everyone.

My name is Ku (Kuu), a part-time trader.

Because I am a part-time trader, I am developing a sign tool and an automatic settlement tool for busy part-time traders and plan to release them soon.

Today I recorded another video explanation, so if you’re interested, please take a look.

For those who won’t watch the video, I’ll use still images and, as the title suggests, talk about “the superiority of stop orders.”

Do you ever use stop orders to enter a trade?

If so, in what situations do you use them?

In my case, my trades start from viewing the chart on my phone via an email transfer from MT4 that is triggered by the sign tool.

For a part-time trader, using a smartphone sign tool as a trigger to view the chart is very convenient because we’re busy.

Back to the point, when I looked at the chart, this was the situation.

In the red box on the lower left, there’s a pink round mark—this is the just-confirmed long sign.

As soon as the sign occurs, it is transferred to my smartphone from MT4.

This is a long sign for AUDUSD, but it hasn’t risen very cleanly.

Whether this pair will rise or not can be judged by looking at EURAUD to its right and then GBPAUD to the far right.

As in the figure above, if AUDUSD is long, then AUD (the Aussie) is strong, so EUR and GBP should fall, right?

Since the chart shows that, we can conclude that the negative correlation holds.

Therefore, I decided to place a long stop in AUDUSD, and short stops in EURAUD and GBPAUD as well.

In AUDUSD, place the stop just about 1 pip above the recent high. (planned long entry)

In EURAUD, place the stop just about 1 pip below the recent low. (planned short entry)

In GBPAUD, place the stop just about 1 pip below the recent low. (planned short entry)

We placed stops on these three currency pairs and decided to observe for a while.

Now I will explain the procedure with images.

First, choose the type of stop order in the EA parameters.

Since the AUDUSD sign was long, we select BUYSTOP.

This is the scene where a long stop is placed at the most recent high on AUDUSD.

As shown above, if the price breaks above the most recent high, according to Dow Theory it indicates a continuing uptrend, so I placed a long stop like this.

At this point, there is some pullback, so unless a new high is set, the entry will not be executed, which I believe is a reassuring method.

Following this approach, I placed a short stop on EURAUD and similarly a short stop on GBPAUD as well.

At this point, none of the three pairs had entries executed yet, so when new highs were reached, the stops would trigger and I would hold positions on all three pairs.

Once an entry is executed, automatic stop loss, take profit, and trailing stop functions all activate at the same time, so placing the stops is essentially all there is to it.

Next, the scene of placing the stop on EURAUD is shown here.

The remaining GBPAUD was similarly placed with a short stop, placing stops on all three currency pairs.

Thus, when the signs are delivered to the smartphone, after checking the correlation and negative correlation on the chart, I place stops on all three pairs if it seems safe, and the ownership time until that point is about three minutes.

Both have red SL marks, meaning they were automatically settled due to trailing stops.

Ended with a profit of $20 and $129 respectively.

In the end, the stops were executed on two currency pairs, giving a win rate of 2 wins, 0 losses, i.e., 100% win rate.

While confirmation of a trend is necessary, this was an easy trading example that used stops effectively.

See you again!