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МТ4 Trading Systems: WORKSTATION

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МТ4 Trading Systems: WORKSTATION

#1
Post created for :
-the publication strategies that have real statistical data of profit traders, verification and improvement;
-the publication of new strategies that profit interesting for the application as a whole or separate ideas(indicators, advisers)
I think the post will be interesting for many. So, let's begin.
Indicator @VaBank_v3 displays not only the current but also for the previous period (day or week) with complete data on their movement that allows you to track the dynamics for all pairs in a single window. Maximum number of displayed currency pairs - 30. To facilitate the search highlighted a different color pairs with the highest values in the last period. (Color settings, font and font size, and horizontal and line spacing can be changed in the indicator properties)

Additionally, the indicator posted a few clickable objects in the form of buttons:
Button "Period" allows you to toggle between Day/Week.
Scroll buttons periods allow you to view statistics of previous periods directly in the indicator window.
The indicator is intended for those who are inclined to analytical work, the rest I suggest to use version 2.
Due to the high saturation of the data, I recommend to place the indicator in a separate window any of the currency pair not the trade is conducted. The template for such accommodation and the indicator are in the attached files.

AUDUSD,AUDNZD,AUDJPY,AUDCAD,AUDCHF,EURAUD,GBPAUD,USDCAD,NZDCAD,GBPCAD,EURCAD,CADCHF,CADJPY,CHFJPY,USDCHF,GBPCHF,EURCHF,NZDCHF,EURUSD,EURJPY,EURGBP,EURNZD,GBPJPY,GBPNZD,GBPUSD,NZDJPY,USDJPY,NZDUSD
Attachments
VaBank.jpg
@VaBank_v3.zip
(46.7 KiB) Downloaded 467 times
@WORKSTATION VABANK.tpl
(43.51 KiB) Downloaded 505 times
VaBank1.jpg


Re: МТ4 Trading Systems: WORKSTATION

#2
This panel is also very good for scanning and analysis of the market. There are a lot of data is configured.
Set up for yourself and make a template.
Attachments
MadDash.jpg
MADdash.ex4
(165.61 KiB) Downloaded 583 times

Re: МТ4 Trading Systems: WORKSTATION

#3
But one of the working templates to work throughout the day. Used some indicators from systems TRADEONIX and ULTIMATE PROFIT SOLUTION. Observe the installation rules set out in the post MT4 Trading Systems: Gifts for the New Year.
Attachments
@W.jpg
@WORKSTATION 7.tpl
(58.6 KiB) Downloaded 871 times
!XPS v8 TRENDBARS.ex4
(5.39 KiB) Downloaded 899 times
Candle timer.ex4
(10.65 KiB) Downloaded 816 times
divergencepetr_s7.ex4
(174.64 KiB) Downloaded 851 times


Re: МТ4 Trading Systems: WORKSTATION

#9
Trade a basket of currency pairs
You probably noticed that currency pairs move in certain dependence from each other. For example, when EURUSD goes up, USDCHF goes down. And when GBPUSD is growing, as a rule, it is followed and NZDUSD. All pairs with the yen (JPY) usually move in the same direction. Not every day, not every candle, but in General, trends exist. This is called correlation.
Highlighting certain "families" of currency pairs and their dependence on their uniting factor, for example the presence of Usd in the pair we can open up a unified position from all over the currency pairs and thereby to reduce risks by diversifying our position from the inside. This is called trade baskets of orders for different currency pairs.
The idea behind the Moving Average Distance Dashboard stems from the fact that every currency pair is made up of 2 currencies - the base and the quote currencies. Sound basic right A currency pair therefore moves because either (a) one of the 2 currencies is weak and the other strong or (b) one of the 2 currencies is very, very weak or very, very strong.
Therefore to benefit from price movement, we want to match and trade a strong currency against a weak one as trading 2 strong currencies or 2 weak currencies will not give us any mileage.
How Do We Identify the Strongest and Weakest Currencies
Each currency group has 7 currency pairs; and I will be looking for a group that is showing strength or weakness on at least 4 or more of the associated currency pairs - the more, the stronger or weaker. See this live example taken around 9 pm PST (US/Canada)
Attachments
2.gif
2.gif (76.91 KiB) Viewed 6962 times

Re: МТ4 Trading Systems: WORKSTATION

#10
Moving on. Now let's describe the well-known strategy.With knew about it earlier, but paid no attention.
TRADING STRATEGY "КUKLOVOD"
All the financial experts providing consulting services to Forex traders, unanimously recommend trading a portfolio of instruments, because in this case it is possible to minimize the negative effects of market noise. Of course, the Council is correct, the question arises – how to assemble the basket? The answer lies on the surface – you can use the indicator "Puppeteer".
Today we talk about how not to depend on short-term fluctuations in currency pairs how to see global picture and to make a profit without nerves, using tactics medium-term investors.
Strategy "the Puppet master" is very simple and serves as a kind of introduction to trading via basket orders. You may to optimize that add your own filters and conditions. In General, medium-term trade baskets of currency pairs is quite interesting, because it mitigated risk and emotional burden.
Platform: Metatrader 4
Currency pairs: Majors and crosses (read more below)
Time Frame: D1
TRADING: ONCE PER DAY!!!
Rules of entry
1.We enter once for all couples groups.
2.Open position ONLY if the indicator Puppeteer is between -10 and -30, or between 10 and 30.
3.What to buy / what to sell for each currency group, see below. Also note that each basket is its own indicator. The templates below.
BASKET USD
1) the Indicator is above 10 but below 30:
Buy USDCAD, USDCHF, USDJPY
Sell EURUSD, GBPUSD, AUDUSD, NZDUSD
2) Indicator is less than -10 but greater than -30:
Sell USDCAD, USDCHF, USDJPY
Buy EURUSD, GBPUSD, AUDUSD, NZDUSD
BASKET JPY
1) the Indicator is above 10 but below 30:
Sell AUDJPY, CADJPY, CHFJPY, EURJPY, GBPJPY, NZDJPY, USDJPY
2) Indicator is less than -10 but greater than -30:
Buy AUDJPY, CADJPY, CHFJPY, EURJPY, GBPJPY, NZDJPY, USDJPY
BASKET GBP
1) the Indicator is above 10 but below 30:
Sell EURGBP
Buy GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD
2) Indicator is less than -10 but greater than -30:
Buy EURGBP
Sell GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD
Rules out
Exit the position if the indicator has reached 70 or -70 (TP). Stop loss for us will be the indicator value is -10 or 10 (opposite positions). When you exit closes all orders in the basket.
Risk management
If you have never traded baskets orders, then your risk is equal to 0.01 lots for every 10,000 units of currency on Deposit. 1 the basket.
This does not mean you have 10000$, enough$ 100 on a cent account. Compliance with reasonable money management is necessary, given the characteristics of the trading system.
MM is specified designed for those who have never traded baskets, because they can just panic from a large number of items on several pairs of plus or minus. Those who have dealt with the baskets, will select a suitable lot.
The entrances to the oversold / overbought
Amateurs to trade against the trend can experiment with the entries in overbought / oversold. I.e. to open the opposite position when the indicator is above 70 or below -70.
Attachments
@WORKSTATION KUKLOVOD.tpl
(19.69 KiB) Downloaded 383 times
Kuklovod_GBP.ex4
(45.47 KiB) Downloaded 378 times
Kuklovod_JPY.ex4
(44.88 KiB) Downloaded 328 times
Kuklovod_USD.ex4
(44.95 KiB) Downloaded 383 times
Kuklovod.jpg


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