Re: МТ4 Trading Systems: TRADE EXPRESS

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WORKING POINTS ON CHANNEL TRADING STRATEGIES
Trading strategy is one of the cornerstones of trading. A trader without strategy turns into an ordinary person, haphazardly poking buttons in the terminal. Each strategy has its own characteristics.
THE ESSENCE OF CHANNEL STRATEGIES
The price of a pair in the foreign exchange market fluctuates within a certain corridor, which can be represented as a channel. The "walking" of prices in the channel is the main principle on which all channel trading strategies are built.
Trade in the price channel brings profit in the case of a clear definition of the channel in which the price moves. For this, a certain time interval is taken, and the levels to which the price reaches, but does not cross them, are determined on it. These levels are the upper and lower boundaries of the corridor. And this is the main problem for many traders - the proper construction of the price channel.
As a matter of fact, there is enough graphic design for trading, and the usual corridor on the chart is already the simplest trading strategy, which does not require additional tools for confirmation. Nevertheless, many traders consider it necessary to use a variety of ways to confirm the signal. It can be candle patterns, various level indicators, divergences, etc.
In the channel trading system, two scenarios are considered:
• the price broke through the channel;
• the price did not break the channel boundary.
In this case, each strategy has its own breakdown criteria and its own rules for opening positions. In addition, a very important role is played by the type of channel that is used for trading.
The most common types of channels are:
• channels constructed by Fibonacci levels;
• equidistant channels;
• channels using standard deviation;
• channels built on the principle of linear regression.
The real list is much larger. For example, a channel can be formed by moving averages, vertically shifted, etc.
ADVANTAGES OF CHANNEL STRATEGIES
The advantages of channel trading strategies include:
• low trading risks;
• simple rules, understanding of which will not be a problem for the beginner;
• high profitability.
However, like any other strategy, the channel strategy requires a strict adherence to the rules of opening positions and observing the management.
KEY POINTS
Trading in the channel trading strategy must adhere to a number of key points:
• The best timeframes for trading are M30 and older;
• positions open when bouncing from the edges of the channel;
• The channel is built in the direction of the trend: an ascending one - along two minima and one maximum, a downward one - on the contrary;
• the position is opened only after the price reaches the border of the channel;
• it is allowed to place a pending order outside the channel, in case it breaks through.
In many cases, the effectiveness of trading signals in a channel strategy depends on the stability of the channel. If there are signs of a trend change or end of the channel, then this strategy for trading is better not to apply.
If the price breaks the border of the channel and goes beyond it, then, in most cases, the price movement will be approximately equal to the width of the previous corridor. This gives the trader the opportunity to plan and open a deal on time.
The effectiveness of channel strategies is enhanced by using oscillators, with which you can determine price reversals. And also the truth of the corridor corridor breaking through.
To work on channel strategies, the channel can be built independently using extremes, or you can use the developed author's channel indicators.
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Re: МТ4 Trading Systems: TRADE EXPRESS

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6 ZONE FOR FOREX
Earlier there was talk about what is more correct than levels, and zones. This concept exactly corresponds to what is "going on" in the real market.
Forex zone is one of the strongest indicators on the foreign exchange market. Traders often play "from history", in terms of strong support and resistance.
Every trader coming to the foreign exchange market Forex, begins acquaintance with the market with supports and resistances. From the correct identification of the zone depends the success of the open transaction. There are many forex strategies, built on the principle of breakdown of important technical zones or rebound from them.
Meanwhile, not all of them "taste the same" and basically differ in their strength. Zones of support and resistance can be conditionally divided into 6 types, which we arrange as their strength increases.
AIR ZONES
The air support or resistance zone received its name due to the fact that it is being formed "on an equal footing". It is formed when the bodies or tails of a minimum of four candles bounce off the same price. It is very important that the air zone is not broken by at least one candle, for in that case it ceases to be such a candle.
ROUND AIR ZONE
This zone is the same as the previous one, only formed near the round zone (1.0000, 1.2000, 1.7500, etc.)
Round support and resistance have their own power, which increases due to the formation of an air zone.
HISTORICAL SUPPORT AND RESISTANCE
These are zones that can easily be found on the older timeframes by looking at the history of the currency pair. From time to time the price fights off from them in one direction, as, as forex traders say, "remembers" it. The historical zones have sufficient strength and informativeness.
ROUND HISTORICAL ZONE
The same historical zone, which is located at a round price, which enhances its effect.
MIRROR SUPPORT AND RESISTANCE
Mirror support and resistance zones are formed when the price bounces from them, overcomes, and then bounces in the other direction - that is, the zones that turn from support to resistance and vice versa.
ROUND MIRROR ZONE
A round mirror zone is the previous zone formed at a round price. Is the strongest forex zone.
ADDITIONAL GRADING FOREX ZONES
In addition, it is possible to identify floating and fixed zones. A floating zone is a zone that the price constantly "cuts". Fixed - this is the zone below which or above which price prorogovki arise.
Also, when classifying and determining the strength of forex zones, it is necessary to take into account that their coincidence with zones constructed by another method, for example, Fibonacci, adds "weights" to them.
If your trading strategy uses support and resistance zones, consider the form of evil and its strength - then the probability of its working out will be very high, and you, of course, will get your profit.
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Re: МТ4 Trading Systems: TRADE EXPRESS

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MASS CONSCIOUSNESS. STEREOTYPES OF TRADERS 'BEHAVIOR.
STEREOTYPE №1. MORE QUANTITY OF TRANSACTIONS OPENS AGAINST CURRENT TRENDS

In simple terms, these are the deals open against the trend, in order to catch the price reversal at its very beginning.
There are many methods for determining the direction of the trend and its reversal, but the facts are a stubborn thing. They show that a prolonged price movement in one direction leads to an increase in the number of people willing to open a deal against its movement. They do not believe that the price can continue, for example, growth, because "it has already grown very much, where much more."
If you express this in figures, then in the direction of the current trend, only 40% of deals are opened, but against the trend - as much as 60%. This stereotype is based on the desire to "catch" a reversal at the very beginning - on the overcoming of some level or line of the figure of technical analysis.
STEREOTYPE №2. PROFITABLE TRANSACTIONS "LIVE" TWICE TIME LESS THAN DAMAGE
The reason for this stereotype is ordinary human fear. We are just afraid. We are afraid to miss the profit, so we are happy to close profitable trades. And we are afraid to take a loss on deposit, so we pull with the closure of such transactions, in the hope that the price will unfold.
It is curious that such behavior of traders leads to the fact that unprofitable transactions in the market are always more than profitable. And that is why the ratio of profitable traders to Forex to unprofitable traders is about 30-35% and very rarely exceeds 40%.
STEREOTYPE №3. CLASSICAL METHODS OF STOP INSTALLATION
Now the foreign exchange market is already far from the one that was before - the marketplace is ruled by market makers. And such classic levels, on which the crowd installs stop-loss, attract them, like sweet tooth cake, to open their deals.
The market has changed, but the habit of exposing stops for local extremes has remained. In fact, at such levels, there are twice as many Stop Loss orders as on all others.
STEREOTYPE №4. TAKE-PROFIT MAKES MOST TRADERS
Profit is loved by everyone, so the take-profit warrant is exhibited much more often. In fact, it looks like this:
40% of transactions have a stop-loss, of which 30% also have an established take-profit;
In 80% of the transactions there is a take-profit, of which 30% also have a stop-loss;
10% of transactions have no orders at all.
And why do we need this information, you ask? And then, that the next stereotype follows from it.
STEREOTYPE №5. INSTALLATION OF THE TEAK PROFIT IS NOT APPROACHED TO ANY LEVELS
The technique for setting the take-profit order is much larger than the stop-loss setting techniques. Therefore, such a cluster of take-profits, as it happens with stops, is not observed.
STEREOTYPE №6. MOST TRANSACTIONS ARE OPENED IN THE ABSENCE OF TRADING SIGNALS
If you track the congestion of transactions at individual levels, it becomes immediately obvious that the longer the price is at a certain level, the more open positions on it.
What does it say? And this means that the deals were opened without any obvious trading signals. That is, the crowd simply opens a deal, because they so wanted. And the reason to "see" the trading signal, you can always find.
STEREOTYPE №7. AVERAGE. ON ONE OPEN POSITION, THREE PENDING ORDERS
According to the results of the conducted research, the number of pending orders, on average, is three times more than the number of open transactions.
This is quite logical, because one transaction can have two pending orders: stop-loss and take-profit. However, the set stop and take is a ratio of no more than 1 to 2, and we have a ratio of 1 to 3. The rest of the pending orders are orders Limit and Stop.
Also, if we take into account the previous stereotypes and the fact that not all the deals have a stop loss and take profit, we will get the following ratio of pending orders in the market:
Stop-loss - 14%;
Orders of Stop type - 20%;
Take-profit - 28%;
Orders of the Limit type are 40%.
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Re: МТ4 Trading Systems: TRADE EXPRESS

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In the trading system, not all indicators of some indicators are used, but some of its parts. Below are a number of indicators, where possible "entry points" in the transaction are marked. This does not mean that we enter each. We look at duplicate indications of other indicators. Stop-loss and take-profit I do not expose. MT4 is configured for rapid closing of transactions.
  Indicator PZ. Here you are waiting for the end of the patterning.
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Re: МТ4 Trading Systems: TRADE EXPRESS

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One of their indicators is the "matrix of the market" -Murray. It is important for us at the senior timeframes-М30, Н1, Н4, although it does not change its values ​​on М1, М5. It is enough for us to know the rules of working with the Muri-zones, which has already been described. On the example of EURUSD it can be seen that the price could not exceed 18408 or so.
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