Monday, January 28, 2008

FIBO range MACD multi TF Signal EA

EA inform previous day high and low and will suggest to open trade when MACD for 4 different TF are in the same direction.

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

Multilot strategy could be the most profitable strategy yet carry the highest risk and require large capital to sustain the margin requirement.

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

Bless Timed Buy ss




target average 0.5-1% per day only. if your strategy gives higher return, stick to it.

Friday, January 11, 2008

EA 2008 package - BMWin & Bless Sell/Buy

forex market daily range and trend are consistently changing. there is no 1 strategy to fit all situations. volatily come and go. therefor, to increase better profit probability, few sets of trading strategy should be prepared, to be used depending on market condition.

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.