If you already have MetaTrader 4 installed, place the following files: The complete Template goes: When you finish restart your MT4 platform for changes to apply. Talking about stoploss it is hard to tell.
It depends on your money management rules. You could use previous high or low for placing stoploss. Also a trailing stop is a good choice. In picture you can see Exit1 and Exit2. Or you can wait for SSG Bline change to exit the trade. The point is that market tend to retrace and it is up to you how fast and how many pips you want to steal. We highly recommend when doing your first trade to use a system on a demo account to get to know how everything works.
You should stay away from such situations. One thing you should know is that system has settings. With a template it comes at custom settings which is optimized to work best from 30min to daily timeframe.
If you will load indicators manually from indicators list you will not get settings as in pictures above. So we recommend you to load template first before backtesting indicators alone with other settings by your choice. Talking about trading pairs it is clear for all that our system will work best with less volatility pairs as other stratagies…. Your email address will not be published. Leave this field empty. Leave a Reply Cancel reply Your email address will not be published.More...