【2023.10.25】 Easy Trend Pro + Advanced SR MT4 method for trading review
Previous article:https://www.gogojungle.co.jp/finance/navi/articles/61384
Method
If you haven't read this strategy yet, please refer to the following link:
Two-product set:https://www.gogojungle.co.jp/tools/ebooks/46709
Three-product set:https://www.gogojungle.co.jp/tools/ebooks/46821
Real-time trade analysis
Year 2023Month10Day 24 currency pair Advanced SR + Easy Trend
Let’s look at a case study using a strategy that combines two indicators.
NZDCAD, M15
Currently, NZDCAD is within a white candlestick range and sits above the Advanced SR Indicator. We will only buy, not sell.
Next, wait for a breakout of the latest peak and place a buy order. This is shown in the diagram.
Take profit (TP) and stop loss (SL) are shown in the diagram. The SL is at the nearest trough, and the TP isthe nearest SR according to Advanced SR.
I placed a buy stop order of 0.13 lots at the top of the peak.
The price broke out, and the 0.13-lot buy order was filled.
And the price rose rapidly.
Afterwards, the price moved horizontally within the white candlestick range and stayed above the two MA25,75. As the price broke through resistance
I added another 0.06 lots.
Ultimately, the price fully reached our take profit point. It was a wonderful trade on the 24th.
Summary
A simple strategy supported by two indicators makes trading much easier and helpful.
Wishing you successful trading.
>> Two-product set:https://www.gogojungle.co.jp/tools/ebooks/46709
>> Three-product set:https://www.gogojungle.co.jp/tools/ebooks/46821
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