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10 pips a day

Posted: Thu Nov 21, 2024 4:25 am
by Dego
So for a long time I have been looking for some "easy trading" is there any such way to get a consistent 10 pips a day?

Re: 10 pips a day

Posted: Thu Nov 21, 2024 10:07 am
by funchi
Dego wrote: Thu Nov 21, 2024 4:25 am So for a long time I have been looking for some "easy trading" is there any such way to get a consistent 10 pips a day?
I am +1% or -1% per day.
but +5% per week if you take into account win rate and other factors.

The trading method is from another forum.
https://www.forexfactory.com/thread/912 ... ing-system

Additional entry conditions.
M15 must already be Trend and Momentum available to buy and sell.
OR
M5 must already be Trend and Momentum available to buy and sell.
These are the additional conditions.

M1 trades.

Risk reward is not a concern.
SL is strictly 1% maximum.

If profitable, close just before the next M5 candlestick changeover.
Between 1% and 2% is profitable.
If there is a loss, close one or two candlesticks. We do not expect a recovery.

The point is to keep the SL as close as possible and increase the number of lots.

You need to pay attention to the spread.

I hope the trading method suits you.
As I don't have as much time as a day trader.
I was thinking of swing traders who hold for long periods of time,
On the contrary, I like scalping, which is short-term trading, because it is more efficient in terms of money, win rate and time.



This tool calculates the number of lots from the SL and makes the entry.
It is installed in the EA folder.

However, some symbols may not calculate the number of lots correctly.
Please check in the demo environment beforehand.

Other indicators can be found in the forum where they were introduced.