AutoTradeSystem - AUD/USD Enter Long Position
This System aims to pinpoint entry (blue bar) and exit points (white bar) for long and short positions for short day/intraday trades based on the convergence of important indicators with a pleasant and elegant system to simplify the AT technical terms and interpretation, all that math is done in the background for the trader.
The system consists on entering in a position with 1/5 of the total capital, and it's designed to allow 4 extra price corrections (pyramiding / layering investment x 4), these corrections are only allowed after a 4 candle period, meaning: the 1st correction should be done only after 4hs or more related to the entry position (1st blue bar) and should be only done on a new entry warn (>= 4h new blue bar), and so on.
After 4 corrections a stop loss with 5% price value on the last correction price should be submitted.
Back testing gives a extremely high level of accuracy on short term trades (day/intraday trades).
The charts publishing can have some delay because I can't afford to be online 24/7. The email alerts work 24/7 though.
The chart colors are all changed to reduce headaches, so green is blue and red is white.
Entry price: 0.78106 with 1/5 of trade money.
This is the 1st time the ATS run on this pair, it's being published to record accuracy, I advise to not follow this trade.
The system consists on entering in a position with 1/5 of the total capital, and it's designed to allow 4 extra price corrections (pyramiding / layering investment x 4), these corrections are only allowed after a 4 candle period, meaning: the 1st correction should be done only after 4hs or more related to the entry position (1st blue bar) and should be only done on a new entry warn (>= 4h new blue bar), and so on.
After 4 corrections a stop loss with 5% price value on the last correction price should be submitted.
Back testing gives a extremely high level of accuracy on short term trades (day/intraday trades).
The charts publishing can have some delay because I can't afford to be online 24/7. The email alerts work 24/7 though.
The chart colors are all changed to reduce headaches, so green is blue and red is white.
Entry price: 0.78106 with 1/5 of trade money.
This is the 1st time the ATS run on this pair, it's being published to record accuracy, I advise to not follow this trade.
Trade active:
1st price correction entry with 1/5 of wallet at 0.177842
Current price with 2/5 of trade money at: 0.77974
Current price with 2/5 of trade money at: 0.77974
Comment:
2 last price corrections applied:
3rd at: 0.77381 with 1/5 of trade money
4th at: 0.77207 with 1/5 of trade money
Current price with 5/5 of trade money: 0.77666
A Stop Loss was put at: 0.737832
3rd at: 0.77381 with 1/5 of trade money
4th at: 0.77207 with 1/5 of trade money
Current price with 5/5 of trade money: 0.77666
A Stop Loss was put at: 0.737832
Current price with 3/5 of trade money: 0.77915