Basket Trading Over 300 Pips a Week
Basket Trading Over 300 Pips a Week – Hello friend of traders, on this occasion forextradingwin.com want to share with you about the Basket Trading Over 300 Pips a Week.
When you use this strategy, forget all your knowledge about chart, WE TRADE BLIND WITHOUT CHART.
and I introduce to you…
BLIND TRADE WITH MARKETWATCH
Well the simple rule…
- All Signal in monthly, weekly, daily, H4, H1 (BTS Long)
- Currency with diamond that will open from script, All in the green area. (monthly, weekly,Daily, H4, H1)
aggresive trade(daily trade)
- If all signal don’t match, Ignore monthly and weekly. Look for daily, H4, H1 (BTS long) and diamond currency in green area.
- 4 out of 5 diamond currency in green area (daily, H4, H1) and (optional for best entry) strength column arrow up
- All Signal in monthly, weekly, daily, H4, H1 (BTS Short)
- Currency with diamond that will open from script, All in the red area. (monthly, weekly,Daily, H4, H1)
aggresive trade(daily trade)
- If all signal don’t match, Ignore monthly and weekly. Look for daily, H4, H1 (BTS short) and diamond currency in red area.
- 4 out of 5 diamond currency in red area (daily, H4, H1) and (optional for best entry) strength column arrow
The best time to open position is 30/60 minute after opening H4 your broker time.
Exit trade: with your MM or if you confident enough when signal turn to opposite direction.
How to trade:
- Copy “FX_T101 5TF.ex4” to your mt4 expert folder
- Copy “droneox.tpl” to your mt4 Template folder
- Copy all in the script folder to your mt4 script folder
- Open market window, right-click -> show all
- Open any chart TF 1H or 4H. right click, apply droneox.tpl.
- Open any chart. attach close5profit and enter your MM.
- For open buy, run TradeBuybasket.mq4, for sell, run TradeSellbasket.mq4
- Enter your lot and magic number
- For manual close your desired pips, run script closeall.mq4
Set your target pips/account growth per week.
Don’t be greedy. Sooner or later it will kill you.
Use MM for all basket(total pips basket) SL 50 TP 150. or with EA you can set it with desired money to lose and desired profit.
I use SL 50 TP 150 for daily trade.
with basket trading you can achieve that 150pips or more in a day.
Why MM important for basket trading?
Lets say 3 out of 10 winning trade. 7 out of 10 losing trade.
so 3×150 – 7×50 = 450 – 350 = 100 pips profit.
This is not holy grail but after forward trading with this system, the winning trade about 80%. If you are discipline to follow the rule, money management and your trading psychology is good, this system is for you.
Well, I’m looking for someone to code and make it auto trade and share it for FREE in this My Blog
- Auto Open Trade and Exit Trade
- Basket Trailing Stop with magic number(track the profit with magic number).
with trailing basket we can minimize the lose to breakeven and maximize the profit.
FORWARD TEST IT WITH DEMO FIRST, AFTER YOU DOUBLE BALANCE ON YOUR DEMO ACCOUNT AND YOU CONFIDENT WITH THE RESULT, GO FOR REAL ACCOUNT.
That’s about the Basket Trading Over 300 Pips a Week, if this article useful for you please share with your other friends.