i am pro germany index trader DAX FUTURES and i test in this 14 year above 50.000 indicator and robot , be sure i teach you best of best , i give you 1% of secret ,you must find ,practice remain 99%
SMA200 (simple moving avrage) important time frame you must check evry day 15-60-1440min
AC (accelator occilator) important time you must check 60-1440
stochastic simple 7.4.4 important time you must check 60-1440
macd standard can be good but i dont use it
NEVER use indicators like RSI give you reverse signal ,why? gold is very trendy market
dont use EMA or moving 50-100 on it ,only SMA200 is enough , you can put sma200 15-60-1440 on your chart (see my chart, i have SMA200 for gold and EMA200 for dax) if you are in metatrader with below indicator(3 time add it to chart) to put sma200 15-60-1440 in 1 chart
www.mql5.com/en...t/product/32933?source=Ext...
on gold , silver trend is no1 ,they very very trendy ,when you see big green candel (mean trend will go up) ,NEVEE open sell , looking for buy (buystop on high,5-6pip above high )
so on gold you must check 15-60-1440 chart like pinbar
secret= on gold,silver trend is king , NOT KANAL ok? ,only simple line (draw important trend lines from weekly chart ,then daily chart , then 1hour,then 15 min )
dont draw trendlines other can see,cant draw, only draw important pro traders draw
now i give you key , find a way to inter trend or find trend ,break high ,low is important way to find new trend
secret 2=in trade profit not no1 issue !!!!!! in trade low risk(low size) is no1 issue , low size is way to stable profit , for trade in forex,gold,CFD,index even futures dont use levrage above 1-10 , stand on low size (per 1000$ balance max 0.01 lot) instead increase lot ,increase your TP and wait time on + posations ... big levrage = big size =big loss
use fix lot and lowest size ,never increase your size ....looking for SWING trading with SL in low/high (tp must be bigger than 3*sl) never use scalp or martingle ways (stupid new traders way,finaly will loss)
yes frist days you can eat 90sl 10tp but with practice ,(every night check and think your mistakes) you can reach 70tp 30sl or better
SMA200 (simple moving avrage) important time frame you must check evry day 15-60-1440min
AC (accelator occilator) important time you must check 60-1440
stochastic simple 7.4.4 important time you must check 60-1440
macd standard can be good but i dont use it
NEVER use indicators like RSI give you reverse signal ,why? gold is very trendy market
dont use EMA or moving 50-100 on it ,only SMA200 is enough , you can put sma200 15-60-1440 on your chart (see my chart, i have SMA200 for gold and EMA200 for dax) if you are in metatrader with below indicator(3 time add it to chart) to put sma200 15-60-1440 in 1 chart
www.mql5.com/en...t/product/32933?source=Ext...
on gold , silver trend is no1 ,they very very trendy ,when you see big green candel (mean trend will go up) ,NEVEE open sell , looking for buy (buystop on high,5-6pip above high )
so on gold you must check 15-60-1440 chart like pinbar
secret= on gold,silver trend is king , NOT KANAL ok? ,only simple line (draw important trend lines from weekly chart ,then daily chart , then 1hour,then 15 min )
dont draw trendlines other can see,cant draw, only draw important pro traders draw
now i give you key , find a way to inter trend or find trend ,break high ,low is important way to find new trend
secret 2=in trade profit not no1 issue !!!!!! in trade low risk(low size) is no1 issue , low size is way to stable profit , for trade in forex,gold,CFD,index even futures dont use levrage above 1-10 , stand on low size (per 1000$ balance max 0.01 lot) instead increase lot ,increase your TP and wait time on + posations ... big levrage = big size =big loss
use fix lot and lowest size ,never increase your size ....looking for SWING trading with SL in low/high (tp must be bigger than 3*sl) never use scalp or martingle ways (stupid new traders way,finaly will loss)
yes frist days you can eat 90sl 10tp but with practice ,(every night check and think your mistakes) you can reach 70tp 30sl or better