Here you will find professional tips to maximize your trading performance.
(Read them all)
Never enter a trade at the extreme ends of the bars (the colored limits marked by you shown on the chart).
If the market reverses, you could become trapped in that position, and it might take many days for the price to return to that level if it returns at all.
To increase profits, do not extend the duration of your trades.
It is better to increase the lot size (for example, from 0.01 to 0.05). Once you have found a timeframe that works well for you, changing it could increase the risk of losses.
When you first turn on your computer, do not enter any trades immediately, regardless of what you see.
Take time to observe the algorithms on the charts across different timeframes before making a decision. Acting too quickly can easily lead to impulsive mistakes.
The program shows a signal (with a sound label) indicating BUY or SELL.
It’s only a warning to be attentive for a possible entry. Once you check the possibilities, the decision is yours.
When the market is flat, with only small fluctuations, the program is not effective.
In those situations, do not open any trades.
In currency pairs: when USD/JPY rises, EUR/USD and AUD/USD typically move downward.
However, if this relationship does not occur—for example, if all pairs are rising or falling at the same time—do not enter the market. This may indicate unusual or unpredictable market conditions.
The objective is to trade profitably, not to feel obligated to open trades.
If market conditions are unclear, it is better to wait for another opportunity. There will always be days when the market or your own judgment is not at its best.
SCHEDULES (Europe):
From 8 to 9h moves one way. 9 to 10h moves differently. From 10h stabilizes until 13:30h. Better take a break until 15:30h.
At 15:30h everything changes. Sudden fluctuations for 10 minutes. Normalizes after. At 20h changes until 22h. After 22h, better avoid. After 00h, except the first 10 minutes, only GOLD is stable until 2am.
You will need to adjust these times to your country.
Stop Loss placement: Stop Loss orders should always be placed below the algorithm line.If they are placed above it, they are more likely to be triggered prematurely.
Before closing a trade that is already in profit, it is often better to place a Stop Loss slightly below the current price level (even if it is close). In many cases, if the candle continues moving in the same direction, this allows the profit to increase. The Stop Loss should then be adjusted gradually, following the movement of the candle as the trade continues in your favor.
Before you begin trading, check the economic calendar.
Any event marked with three red indicators can have a strong influence on market movements. It is generally better not to have open positions during those moments.
Important: Economic calendar websites often display times based on the country where the site is hosted or in UTC time.
OBSERVATION:
If you go short with this system, for example in GOLD, the profits you can aim for are $30/$35 per 0.05 lot entry (there will always be exceptions).
If you want to earn more, go to 0.10, DO NOT extend the entry. The enemy algorithms will not allow it.