The functionality of MT4 or MT5 is enough for novice traders who rarely work with several curren
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Trading Systems That Work
Pitchfork System Strategy
June 5, 2023
The Pitchfork Trading System strategy is named after its developer, Andrew Pitchfork. It belong
Rainbow Averages Strategy
June 5, 2023
The Rainbow Averages strategy is definitely not suitable for beginner traders and is definitely
This indicator is based on new patterns spotted on our existing EURUSD algorithm, in order to learn how to use it you are advised to contact me for detailed introduction, so you know how to use it, what to expect, and what the indicator can and cannot do.
1)it has elements of a leading indicator – it can reveal hidden patterns.
2)it can be used with both spot forex trading as well as binary options
3)it’s based on intermarket analysis
4)it makes money, but requires targetted effort and dedication on the part of the user – it cannot be made into an EA due to the huge complexity involved. Possible, but too tough for me to make an EA based on this algorithm.
This is our original core algorithm for EURUSD, adjusted for working on the 5min, 15min, 30min, and H1 charts, mostly but not exclusively, and at a default periods value of 9. Moreover, this version of the indicator follows different patterns and signals, which are a simple BUY/SELL detection, by Alerts, as well as a more complex hidden divergence pattern which is much more powerful but requires more patience on the part of the trader.
In the coming days I will be providing more examples of how this pattern works, typically it has been spoted on the 5min through to the 4 hour charts.
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This algorithm produced variaous types of patterns, from the beginning, but this particular one is the most effective and most useful for confident trading. A typical divergence occurs when market price settles outside of the range defined by the orange and grey lines, the market will sonner or later come back and fill the gap formed between market price and the orange or blue or grey line at that spot. Usually one of the 3 lines will have formed the maximum gap, and that one will be fillied.
It’s difficult to know when exactly the filling move will occur, that’s why whave the alerts, which are coming from another pattern, this is part laging and part leading indicator, but still powerful. The gap fillling move is the most powerful one, I have tested this in actual trading and has allowed me to make decisions, such as which open losing trades to keep, and which to close, and what to do next. So I am not intimidated by the market’s countermoves.
Upon filling such a gap, the market will usually reverse somewhat. The accuracy of the filling is more often than not, amazingly accurate.
Key Features of Algorithmic Trading Software
30 November 2021
1.0
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