Average Directional Index (ADX).
Hello everyone, Here is my observation. I found no indicators yet to suggest, but I tested various Bollinger Bands settings and looked at Ele's suggestion and got next. 0 Hikkake Price Action Forex Trading Strategy. Trading price action usually invokes surprise and excitement at the same time. It is common knowledge that price is a base for any technical indicator and the Hikkake forex trading strategy takes in consideration three price action bars to identify the pattern.
Loss-cutting price you set up at sell order and trade. Profit price you set at sell order and trade. Term of sell order, trend decision and Bollinger bands. Line when it uses the trade signal of sell order and WPR. Term of sell order, trade signal and WPR. This is a new work of this year. It use a complicated technical index "Ichimoku Kinko Hyo" from Japan. I wanted to use it. If a big trend goes through a cloud, It make reverse position. The characteristic of the logic has a small stop and small loss.
It does not chase position too far. I think it is pleasant EA. Term of buy order, Ichimoku Kinko Hyo, deflector line. Term of buy order, Ichimoku Kinko Hyo, base line. Term of buy order, Ichimoku Kinko Hyo, leading; precedence span. Term of sell order, Ichimoku Kinko Hyo, deflector line. Term of sell order, Ichimoku Kinko Hyo, base line. Term of sell order, Ichimoku Kinko Hyo, leading; precedence span.
When the range turns over from the bottom price, get a return bill. It's based on the hypothesis that explains that cross yen can be a simple range because of Japanese strong mass psychology. It checks a big trend inversion with MACD and a small trend inversion with STC, and then it makes a position when the big one and the small one match.
Here is an equity curve by 10 years backtesting. It's somewhat stable in general, but it's easily controlled by a big fluctuation and you can see scatters. I can say that it's not easy to make a profit nowadays because of shock, exchange interventions and man-made big fluctuations. However, it makes an incredible winning average except such situations. If you stop using this EA when a worldwide incidence happens, it could be an excellent EA.
Short moving average term of buy order and MACD. Long moving average term of buy order and MACD. Term of buy order and STC-K. Term of buy order and STC-D. Term of buy order and STC-S. Short moving average term of sell order and MACD. Long moving average term of sell order and MACD.
Term of sell order and STC-K. Term of sell order and STC-D. Term of sell order and STC-S. The point how to use EA It's impossible to keep making a profit using only one logic. You can make a steadily increasing equity curve if you use more than one EA and manage portfolios.
Of course, they don't use any dangerous logic, such as martingale system and averaging purchase. Each profit is small, but you can earn constantly since you use some EAs.
I strongly recommend using more than one EA at the same time. As for parameters, you can set buy order and sell order separately. The strong dollar direction and the weak dollar direction move differently, so you can earn easily if you set buy order and sell order separately.
Worldwide incidence makes a big trend or shock, so it's safe to decide trade direction. Refer to "Recommended parameter" on the top page. Unauthorized copy, change, redistribution and transmission in public of whole or a part of this website and EAs are banned. Too many minor losses add up over time. Part of your day trading setup will involve choosing a trading account. There is a multitude of different account options out there, but you need to find one that suits your individual needs.
The brokers list has more detailed information on account options, such as day trading cash and margin accounts. Below we have collated the essential basic jargon, to create an easy to understand day trading glossary.
Yes, you have day trading, but with options like swing trading, traditional investing and automation — how do you know which one to use? Day trading vs long-term investing are two very different games. They require totally different strategies and mindsets. Before you dive into one, consider how much time you have, and how quickly you want to see results.
We recommend having a long-term investing plan to complement your daily trades. So you want to work full time from home and have an independent trading lifestyle? If so, you should know that turning part time trading into a profitable job with a liveable salary requires specialist tools and equipment to give you the necessary edge.
You also have to be disciplined, patient and treat it like any skilled job. Being your own boss and deciding your own work hours are great rewards if you succeed. Whilst it may come with a hefty price tag, day traders who rely on technical indicators will rely more on software than on news. Whether you use Windows or Mac, the right trading software will have:.
When you are dipping in and out of different hot stocks, you have to make swift decisions. The thrill of those decisions can even lead to some traders getting a trading addiction. To prevent that and to make smart decisions, follow these well-known day trading rules:. Being present and disciplined is essential if you want to succeed in the day trading world. This site should be your main guide when learning how to day trade, but of course there are other resources out there to complement the material:.
For the right amount of money, you could even get your very own day trading mentor, who will be there to coach you every step of the way. Opt for the learning tools that best suit your individual needs, and remember, knowledge is power.
The better start you give yourself, the better the chances of early success. This is especially important at the beginning. The other markets will wait for you. Even the day trading gurus in college put in the hours.
You need to order those trading books from Amazon, download that spy pdf guide, and learn how it all works. This is one of the most important lessons you can learn. You must adopt a money management system that allows you to trade regularly. Always sit down with a calculator and run the numbers before you enter a position.
One of the day trading fundamentals is to keep a tracking spreadsheet with detailed earnings reports. If you can quickly look back and see where you went wrong, you can identify gaps and address any pitfalls, minimising losses next time. Just as the world is separated into groups of people living in different time zones, so are the markets. If you start trading on the Cac 40 at So, if you want to be at the top, you may have to seriously adjust your working hours.
Should you be using Robinhood? What about day trading on Coinbase? Do you have the right desk setup? Where can you find an excel template? How do you set up a watch list?
The meaning of all these questions and much more is explained in detail across the comprehensive pages on this website. Furthermore, a popular asset such as Bitcoin is so new that tax laws have not yet fully caught up — is it a currency or a commodity? How you will be taxed can also depend on your individual circumstances.
The EA starts operation opening two differently directed orders.
Why choose our product? If you stop using this EA when a worldwide incidence happens, it could be an excellent EA.