Re: МТ4 Trading Systems: TRADE EXPRESS

131
Andrews Pitchfork and the Hagopian Rule
Andrews' Pitchfork allows a professional trader to trade efficiently with his midline (ML) and its auxiliary lines. The median line fully demonstrates its importance when the market flow is within the main body of Pitchfork. Signal lines will show their effectiveness only after the market flow has passed beyond the boundaries of the main body.
The construction of the signal line (TL) is quite simple: the line is connected to the reference anchor (P0) with the reference center P1 (upper signal line [U-TL]) or the reference center P2 (lower signal line [L-TL]) for the upward-tilted Pitchforks ( see chart 1).
Whenever there is a failure in the development of movement (reduction of momentum), the signal line can be used as confirmation of a trend change.
The way these lines behave when they are touched or crossed the price is no different from how the midlines or their satellites behave in the same circumstances, especially when they are tested, intersected or abruptly passed.
Hagopiana Rule
Given the importance of the obscure Hagopian Rules, I will repeat it here for those who may not know it. This Rule applies when the market on an upward slope approaches a significant trend line (inclined or horizontal), but not so strong as to test it (for example, ML tilted upwards Pitchfork).
The rule says that the price will turn around sharply after approaching ML in a strong reverse movement. Then it drops sharply to the opposite strong trend line (L-MLH and the bottom line [L-TL], in the example in diagram 1). Its reverse impulse is usually stronger than the impulse of the previous approach.
In its strong opposite movement, the price will meet the same trend line, next to which it drifted before the turn. In our example, this line is the lower signal line (L-TL), which is attached to the anchor (P0) and P2 of the inclined upward forks (see diagram 1). This represents the Hagopian Line (approx. Hagopian Line), which completes the installation for the final price failure.
The lower Pitchfork signal line, shown in the diagram above, is naturally transformed into the Hagopian Line, with the double inability of the price to move above the strong oblique resistance (TL-1). Regarding the Hagopian Line, Alan Andrews stated:
When prices turn around before reaching the signal line (in our example ML), indicating the likelihood of such a reversal possible, a corresponding buy or sell transaction can be concluded if the price crosses the trend line (in our example L-TL), which it overcame before reversal.
The Hagopian rule is clearly illustrated in the 5-minute chart of futures for the German DAX index (see Chart 1). After two unsuccessful attempts to go up the price zone 5073-5070 (lower highs), the price of the stone fell in a strong countertrend movement. It passed through the Hagorian Line (the lower signal line in our example) and then re-tests this line before deciding to go through the least resistance in a strong downward impulse movement. Numerous extended bear bars have confirmed this.
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Re: МТ4 Trading Systems: TRADE EXPRESS

135
Expert from a paid site
EA DonchianBreakoutSystem
H1 timeframe.
And some changes in the settings:
Stop Loss = 100;
Take Profit = 100;
Trailing Stop in pips = 15;
Trailing Stop Step = 5;
Brekeven in pips = 25;
Profit Lock in pips if ... = 10.
Conclusion: M15 timeframe is not profitable or profitable just for few pairs only. H1 timeframe is profitable for now (till now) for all the account/pairs.




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