I don't believe in putting hard stop reduction on chart,I really do have mental stops when and where I could be present facing computer.so many times the transactions go against us I have gotten that they come back if we're following the Weekly tendency (top down)approach.
I was studying this pdf guide and I could relate that this is exactly my style of trading, even if someone can make this EA,it will be useful for traders like me.
The Recovery system Nanningbob's Recovery system relies on this very simple principle: however much a market moves, it will retrace eventually. As I frequently put it, #8220;Dem markets dey go up, den dey return again, den dey go again, den...#8221;
So, instead of insert a traditional stop loss and crying when it is hit, Recovery allows you to ride the transfer against you and enter with additional transactions once the moment is right. There are many forms of the however a lot of professional:traders utilize 1.1.2.4
In Nanningbob-style trading, we all speak about transactions at Level 1, Level 2, Level 3 and Level 4. Measure 1 is the initial trade. Levels 2, 3 and 4 are Recovery trades. The digits from the 1.1.3.3 and 1.1.2.4 refer to multipliers of the initial lot size Therefore: #8226; in 1.1.3.3: #9702; 1 is the L1 trade (Grade 1 or initial trade) in your preferred lot size # 1 9702; 1 is the L2 trade in your preferred lot size # 1 9702; 3 will be the L3 trade in your preferred lot dimensions x 3 #9702; 3 will be the L4 trade in your preferred lot dimensions x 3
#8226; in 1.1.2.4: #9702; 1 is the L1 trade (Grade 1 or initial trade) in your preferred lot size #9702; 1 is the L2 trade in your preferred lot size # 1 9702; two is the L3 trade in your preferred lot size x 2 #9702; 4 will be the L4 trade in your preferred lot dimensions x 4
There are several generous and intelligent coders and programmers here.I would ask them to take this project because im not a coder and I would love to utilize this system.
Joyful and Green Pips,May red zones recuperate with green zones!
I discovered this EA in commercial content.
https://www.forexforum.co.za/cryptoc...o-trading.html