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MQL5 TUTORIAL – TRADING EXPERIMENT 2024 WHAT IF THE TREND CHANGES TODAY? – Analytics & Forecasts – 16 January 2024


20240101: DOWNLOAD 28 consequence movies for this technique https://bit.ly/41OIpzK

20240101: README Documentation (up to date typically): https://bit.ly/41FPceY

20240102: System Obtain for Demo accounts: https://bit.ly/3H3diqt

20240103: Account Setup: https://youtu.be/qtCXQI3XL_4 

20240104: Buying and selling System Import: https://youtu.be/4AWpxGKVS4A 

20240105: First Account Revenue: https://youtu.be/BqXaoGyy3QU

20240106: Setup MX Linux server in 5 minutes: https://youtu.be/JVZoYn2w6Yw

20240107: Setup Metatrader on Linux in 3 minutes: https://youtu.be/DTkOQKW3HT4

20240109: Reside Updates & Reside Revenue: https://youtu.be/BCnttK7d4HI

20240110: Reside On-line Statistics: https://bit.ly/42a34yt

20240111: The best way to analyze your outcomes: https://youtu.be/-UF4nYCsc_Q

20240112: Watch a foreign exchange quake reside: https://youtu.be/G-yuRxb8DqU

20240115: What if the pattern adjustments right this moment? https://youtu.be/jj_Ouapwz1M

On this video we’re speaking about potential adjustments in a pattern. You’ll be able to see on this chart that the worth goes down, whereas the primary pattern is proven by these two transferring averages right here nonetheless goes up, however when the worth goes under the 2 transferring averages, that may point out that we see a change in the long run pattern. So let’s zoom into the chart right here. In the present day is January the fifteenth. I needed to restart the robotic buying and selling system with a special buying and selling account as a result of final week I wasn’t in a position to change my Metaquotes demo investor password and that’s what really is required to replace statistics on myfxbook.com. And I discovered that FXBlue is not supporting Metaquotes demo accounts so I could not publish my stats. The final commerce right this moment was about 2 hours in the past. At present we’re $520 into the revenue and now the query is how ought to we configure the system to cope with a possible change within the pattern right here? Now we have finished quite a lot of trades in the previous couple of days, however proper now it seems like the worth would possibly go under the 2 transferring averages right here. And if it does, we have to have a rule for what we need to do and once we need to do it.

Most discretionary merchants would make an emotional determination, however we’re in a position to measure issues. For instance, for those who click on onto the chart and press the mouse button within the center, you’ll be able to measure the gap from the present worth to the higher transferring common, which is 318 factors proper now. And it is doable to set a rule that the system will solely commerce when a minimal distance between the transferring common and the present worth is no less than 200 factors. However, if we cease buying and selling right here, it would take two or three weeks till the primary pattern really has modified sufficient in order that the worth could be under the 2 transferring averages. And we see a crossover as a result of so long as the inexperienced transferring common is above the crimson one, that is nonetheless a legitimate uptrend. If we zoom into the chart as a lot as we will and disable the auto scroll for now, we will see that this uptrend has been legitimate since November 2023 and we’ve got not seen any crossovers right here. The worth touched the higher transferring common two occasions, however this time it’s totally shut. At present we’ve got no open trades, so there are two doable choices.

Both the worth stays in a variety the place the system decides that the gap to the SMAs is excessive sufficient. In that case it’s going to open additional purchase trades. Or if the worth goes under the minimal distance or crosses the transferring averages, the system will wait till the worth is again within the purchase space the place buying and selling is allowed or it’s going to wait till the primary pattern adjustments to a downwards pattern. And to date I’m happy with the outcomes. In fact we may improve the place measurement or the danger degree, however I am extra about stability. So we’ll see what goes on this week. And that is it for this video. I say thanks for watching. Oh by the way in which, that is the statistics website. You’ll be able to click on on the hyperlink under the video description and you’ll analyze all the small print right here. In my case it is German as a result of I am from Germany, however it’s going to acknowledge the native language in your working system. In order that’s it for now.

If you want to code your individual robotic buying and selling system or in case you are to rent this one, you’ll be able to both contact me or go to my web site. For now. I say thanks for watching and I’ll see you within the subsequent video.

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