Hello everyone, I am looking for some system or method in Metatrader to operate indexes such as Hang Seng or Nikkei.Can anyone help me?Thank you so much.
Hello everyone, I am looking for some system or method in Metatrader to operate indexes such as Hang Seng or Nikkei.Can anyone help me?Thank you so much.
Operate indices is not like operating Forex.You need a different approach, especially with things like Hang Seng, which has wild movements.If you do not have your own system, you might start by studying how futures work and the price action in indices.Depending only on Metatrader indicators will not take you very far.If you really want to operate the Hang Seng or the Nikkei well, focus on understanding the volume, key support and resistance levels and the influence of the US market on these indices.Many traders lose money because they only look for a "magical recipe."Learn to read the market and create your own system instead of looking for shortcuts.
I do not understand those looking for systems in forums waiting for someone to give them the Holy Grail.The indices have their own dynamics, and what works in Forex does not always work in them.If you are not willing to make backtesting and adjust your strategy, better or mess.That said, if you insist on using metatrader, you could try strategies based on rank ruptures in key sessions.Hang Seng, for example, tends to move strongly in Asian openness.You can combine this with mobile socks and volume to filter false signals.But do not wait miracles, the market is not as easy as downloading an indicator and making money.
Hang Seng is brutal, if you don't have a clear strategy, it will devour you.Their volatility is tremendous, and the spreads can be broad on certain brokers.It is not an index for beginners or for those who seek a strategy based only on indicators.The best thing you can do is study the behavior of the Asian session and see how it correlates with other markets.A good method is to operate consolidation ruptures in the first hour of market, but with strict risk management.If you exceed the leverage, you will melt your account on a couple of operations.
Of course, here you have a winning strategy: Buy when you go up and sell when you go down.Glad?If it were so easy to find profitable systems in forums, we would all be millionaires.If you want a real advice, study Price Action.Forget about magical indicators and learn to read the structure of the market.The indices have recurring patterns, but you need to do your own research to take advantage of them.
Good question.I operate the Nikkei and what has best worked for me is to follow the futures market in CME before the opening of Tokyo.Many times, futures already give you an idea of ??where the index will go.In addition, keep in mind that the Nikkei reacts a lot to the strength or weakness of YEN.If the USD/JPY rises strong, the Nikkei usually follows.So more than a metatrader -based system, I would recommend an approach based on correlations and macroeconomic analysis.
Seriously, do you want them to give you a silver tray strategy?No one is going to give you a profitable system.Operating indices is not for anyone, you need to understand each other's volatility and dynamics.If you want something concrete, look for Breakout strategies at the opening of the session or the famous VWAP to detect accumulation and distribution areas.But at the end of the day, nothing replaces experience and practice.
If you want to operate the Hang Seng, you better have steel nerves.Its volatility is one of the highest in indices and can sweep Stops easily.I do not recommend operating without a clear system and a well -defined risk management.A good starting point is to analyze the high volume sessions and operate ruptures with confirmation.You can also use Fibonacci and Price Action to find key points.But do not trust indicators, the market constantly changes.
I do not know what is worse, if those who ask for systems in forums or those who really believe that someone will share their winning method.The indices require constant adaptation, which worked yesterday may not work tomorrow.If you insist on using metatrader, try average reversion systems at specific schedules.But the most important thing is that you do tests and adjustments before risking real money.Otherwise, you will end up asking how to recover a burned account.
I use a volume -based approach to operate the Nikkei.Not all brokers offer real volume in Metatrader, so it is important to have quality data.Without that, any strategy will be an air shot.In addition, the Nikkei responds a lot to Japanese economic news, so you cannot operate without being aware of the macro calendar.Rather than looking for a system, I would recommend focusing on understanding how the economy affects indices.
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