Respected Master Coders ,
This is to inform I trade in market since 2010 but more over unsuccessful why because of I mostly can say follow reversal strategies to trade in market which lead more positions and margin call or stop loss.
I tried trend following strategies also but not much successful .
After many searches and in free time watched over 200-400 videos on YouTube website .
And selected one ,
This is what I found one of the best price action scalping.
I tested it manually and works perfect and chance of winning is 95%.
How this works ,
21 , 13 ,8 EMA .
Time frame M5 and H1 .
Thats it.
Now in action what we have to do .
First place all the EMA on your chart then you will see three EMA just we need to check confirmation from H1 chart of trend direction.
Then on M5 in same direction we need pending stop orders in the trend direction of H1.
This is what EA will set 3 pips away from the lowest or Highest price of last 5 candle counting.
And TP will be 1:1 of SL.
Expiry of pending orders better 60 minutes.
This is successful on all pairs.
More details how you need to code it please look the video once properly to understand well.
I request coders to please please code this strategy and share the code of the EA.
I am sure this will help 1000% to everyone.
I attached my test Trade I know its not lot but I given try.
Please help me to code this for MT4 and MT5 both.
This is to inform I trade in market since 2010 but more over unsuccessful why because of I mostly can say follow reversal strategies to trade in market which lead more positions and margin call or stop loss.
I tried trend following strategies also but not much successful .
After many searches and in free time watched over 200-400 videos on YouTube website .
And selected one ,
This is what I found one of the best price action scalping.
I tested it manually and works perfect and chance of winning is 95%.
How this works ,
21 , 13 ,8 EMA .
Time frame M5 and H1 .
Thats it.
Now in action what we have to do .
First place all the EMA on your chart then you will see three EMA just we need to check confirmation from H1 chart of trend direction.
Then on M5 in same direction we need pending stop orders in the trend direction of H1.
This is what EA will set 3 pips away from the lowest or Highest price of last 5 candle counting.
And TP will be 1:1 of SL.
Expiry of pending orders better 60 minutes.
This is successful on all pairs.
More details how you need to code it please look the video once properly to understand well.
Inserted Video
I request coders to please please code this strategy and share the code of the EA.
I am sure this will help 1000% to everyone.
I attached my test Trade I know its not lot but I given try.
Please help me to code this for MT4 and MT5 both.