Monday, January 28, 2008
FIBO range MACD multi TF Signal EA
Alert sound is being used to make it easier for user to detect the signal. With built in function for 4 different TFs.
Chart TF does not affect its function.
With built in Timer for safer period of trading.
With hedging capabilities if out of safer period trade if a position in opposite direction still exist when trend sensed to be against the existing position. reason is to lock margin and balance trade.
Out of safer period, when no position exist, EA will give signal by alert sound and comment on chart, but will not open trade.
Currently setting are USD pairs, except yen.
This signal EA priced at $25 only.
Sunday, January 20, 2008
Fibonacci method in Forex charts - (TOOLS) part 2
We have an uptrend. A — our lowest swing, B — our highest swing. So, we will look to BUY some lots at the good lowest price and go up with the trend.
Click on A and drag your cursor to B, click. There you go! You must see different lines appeared on your chart. Those lines are called Fibonacci Retracement and Extension Levels.So, what we are expecting is next: the price should retrace (go down) from point B to some point C, and then continue up in the direction of the trend.
Those three dotted lines (0.618, 0.500, 0.382) at the bottom on our picture shows three Fibonacci retracement levels where we expect the price to take a U-turn and go up again. There we will place our BUY order.
The best situation would be to buy at the lowest level — 0.618 — point C. And on practice the price usually gives us this chance. However, 0.500 is also a good level to place a BUY order.
Well, let's take a look at the progress.
Fibonacci method in Forex charts (TOOL)
Fibonacci Retracement Levels are:
0.382, 0.500, 0.618 — three the most important levels
Fibonacci retracement levels are used as support and resistance levels.
Fibonacci Extension Levels are:
0.618, 1.000, 1.618 — three the most important levels
Fibonacci extension levels are used as profit taking levels.
So, what we will learn today is how to apply Fibonacci tool and how to interpret results that we see on the screen.
To set up Fibonacci on the chart we need to find out:
1. Is it uptrend or downtrend?
2. Highest and lowest swings in the chart formation (A, B points).
And go with the trend!
So, click on Fibonacci tool from trading platform that you use. (to be continued)
Sunday, January 13, 2008
BLESS TIMED BUY/SELL Expert Advisor
Blessing or Martingale strategy use the same strategy except reduce the draw down by certain level while margin is slightly increase every time draw down increase. Still very profitable, only could hurt your capital when stop loss is hit.
Bless Timed use a much better strategy than all the above because it is designed with a better strategy.
This EA is only available for my Liteforex members.
The EA comes with 2 main set - Bless Timed Buy EA and Bless Timed Sell EA.
3 sets of different setting Bless Timed Buy EA are provided.
3 sets of different setting Bless Timed Sell EA are provided.
1 of the 6 EAs to be used depending on market situation to prepare you better for any market condition.
Slightly different setting will be provided as required for small customization fee.
6 EA for $100 to give better probability to profitability.
note:
certain minimum margin is required to sustain this strategy.
no matter how good is a strategy, potential loss still exist either due to:
1. internet line problem or
2. broker line problem or
3. some other issues by the "broker" or
4. poor understanding in the strategy applied.
Saturday, January 12, 2008
Friday, January 11, 2008
EA 2008 package - BMWin & Bless Sell/Buy
Option 1:
BMWin EA
modified version of Martingale strategy with timer to avoid excessive volatility. 2 basic sets with 2 different timer setting, either one to be used according to DST.
package : each set comes with 2 different EA setting
price: USD$100
Option 2: (24 hours trading)
Bless Sell EA
Bless Buy EA
modified version of the original Bless strategy, with each EA is favoring different trend. combination of both EA depending on the situation will increase probability of profitability.
price: USD$100
BMWin and Bless Sell or Bless Buy could be used in combination in certain situation.
Option 3:
Bless TIME Sell EA
Bless TIME Buy EA
version of Bless Sell or Bless Buy with timer. Should be better than both above versions.
price: USD$100
package price: USD$150 for any 2, USD$200 for all 3
these 3 EA could be used intermittently to complement each other depending on market situation.
help and support by ym or email.
notes:
maintain trade strategy, adjust certain specification according to market situation is a key to success.
Sunday, January 6, 2008
Daily Break-Out EA 2008
BREAK OUT EA is designed to enter trades when the price breaks previous day high or low point.
Basic trading strategy is to buy when it break at the top, or sell when it break at the bottom.
Multilot strategy is applied.
Variables for TP and SL changes everyday, calculated by EA. Calculation based on daily chart, placing EA on different TF will not make any differences.
Price: $88 for 1 account without expiry date
Price : $10 for 1 account for 1 month usage
Special for litefx Account registered through my litefx link: $10
Wednesday, January 2, 2008
hedge eur-usd usd-chf pluslot 2008
EA buy eur/usd and usd/chf 0.1lot, sell eur/usd and usd/chf 0.1lot.
2 Ea are deployed depending on the trade situation.
1 EA for each pair with slight different setting.
Both EA open trade for both pairs, but only 1 can work at 1 time.
EA is set to close all trade at net profit level set, no tp no sl.
Ea weaknesses - tends to open extra trades due to slippage or requote by broker. best work on account which broker has less requote.