Also shown on your chart is the Maximum Favortable Excursion metric of the previous pattern. That simply means, the most profit that could have been extracted from the previous pattern.
See how well the Trading dashboard indicator detects trade opportunities for scalping the minute charts? As you can see, the Trading Dashboard indicator works exceedingly well at identifying trade setups for scalping the intraday time frames.
In my opinion, the 4-hour time frame is the sweet point: It has less noise, but still offers you a lot of trading opportunities. Did you know that Day Trading Dashboard indicator also identifies true breakouts with great accuracy? In this case, did you notice that after a long consolidation, the Day Trading Dashboard indicator accurately detects a legitimate breakout to the downside?
This pattern is indeed followed by large market move downward. Click on the symbol you want, and the indicator will open up that symbol chart with the day trading pattern highlighted…. You can merge collections through the merge up and merge down buttons. If you merge two collections where the sum cannot be over This means, FSB Pro will look for the worst fifteen strategies and remove them when merging the two collections.
It will end up by creating a new, merged collection, of strategies. It will not save the file before doing that, nor will it ask you to save it. Make sure you save the collection if you need before you unload it. This area shows the filtered and sorted strategies of the collection. Each row shows a strategy with its basic statistical parameters. FSB Pro creates the balance charts in those boxes in the moment it does the testing of the strategy in the editor, generator or optimizer so the data in the box is from the last strategy backtest calculation.
This is important. Therefore, in the strategy box, you will see chart and statistical parameters based on the in-sample data. Account Statistics - shows full backtest data of the strategy.
If there is newer data for the selected strategy, FSB Pro will load and use it to recalculate the strategy chart and parameters in real time. The strategy collections page allows for easy workflow. If you save manually each strategy you create, you will see it is a tedious task.
Instead, you can change or create strategies in the editor without saving each one to a separate file: when you have a strategy you like, just add it to the current collection. Later you can save the collection or review the strategies there before saving. Forex Software Products. Sidebar User Guide User Guide. Installation Instructions.
License Management. Customer Experience Improvement Program. Quick Start. User Interface Overview. Forex Strategy. Strategy Properties. Indicator Slots.
Opening Point of the Position. Opening Logic Conditions. Closing Point of the Position. Closing Logic Conditions. Indicator Properties. Indicator Advanced Properties. Logical Groups. Start Page. Whenever you are looking for a system to trade, it should have 3 important components :. It should be easy to understand. If you don't understand, you cannot apply the strategy when placing trade.
It should be reliable or at least it should mention the conditions when the system will work better. For e. If a system is applicable only on 15 min chart, then it should give consistent results.
It should always mention the pre-requisites. The prerequisite can be that it requires knowledge of EMA indicators or it can be used only by seasoned-pros etc. When you look at Forex Assassin System on these 3 criteria, it becomes very evident that the creator of the system tried to make it very easy. In fact its so easy that it doesn't requires any experience as the system comes with a formula in which you just have to enter the price of the currency pair and the formula will tell you if the buy and sell points for the trade and when you should close.
London Forex. London Forex The London Forex Rush system is based on a powerful trading system that comes from the world of the stock markets. Intra-day stock traders have been exploiting the Open Range Breakout strategy for ages. And they continue to do so. The Open Range Breakout intra-day stock trading strategy works like this: once the Wall Street opening bell rings at am EST, breakout traders chart the first 20 or 30 minutes of action for certain, particularly volatile stocks.
This opening timeframe is usually filled with wild swings as emotions run high in the early trading. Breakout traders mark the high and low point of that early period of volatility, and then watch closely to see which way the stock trends from there. Forex Stealth. Forex Stealth I like the stealth forex system, easy in use and profitable for me. If you are looking for an easy to follow system on free meta trader charts, I think this is a good option for most day traders.
Forex Killer. The Forex Killer software, aside from it's clever name contains embedded mathematical algorithms which analyzer when to buy and sell foreign currencies on the Forex market.
The software is user friendly and utilizes a large button and menu format. I always like this sort of feature in a program because I hate to squint my eyes while I am trying to work! Forex Autopilot. Forex Autopilot Package includes: 1.
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