Trade exit strategies form the part of your trading plan that help your profit management. Buying the correct stock and the correct number of stocks is all to no avail if you do not know when to exit a position. In fact, having a definitive exit strategy is as important as defining your entry. -------------- The article - 20 Trade Signals in MQL5
The key elements of this strategy are as follows: 1. A strategy designed for intraday trading 2. Rangebound strategy expecting the market to revert to a mean 3. Plot 2 pairs of bollinger bands, each using different standard deviations 4. When the market closes at or above the upper band of the higher standard deviation bollinger band, look to short 5. Confirm that ADX ...
Talking Points: Automation can save timeAutomation can find more trading opportunitiesAutomation can reduce trade errors Automated Trading Can Save Time The greatest benefit of all, is the time saved when running automated strategies. Being free from sitting behind a computer screen all day looking at charts allowed me to live a more balanced life. ...
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