SFE Price Action

SFE Price Action


A free demo is available at
       https://www.mql5.com/en/market/product/5716


Promotional Code:
       10% Discount Code only for "Buy" not for "Rent"
       Please use the contact form for further details.

       After getting the coupon code, it is necessary to contact the vendor before purchase.




This Expert Advisor is based purely on Price Action.

The principle is to detect a price movement which is strong enough. Generally speaking, after this kind of movement, the price will not stay at that level. It will continue to move in the same direction or it will fail and return as shown in the following figures:

Path1_20160505.png Path2_20160505.png


This EA has an edge not only in the entry but also in the management of orders. In general, four orders are launched for every signal and the orders are controlled by the four different management strategies.

Indicators, martingales or hedge management is not used, and the system is not stuffed with a lot of filters.

Setting is not difficult and the EA is ready to work with multiple symbols and timeframes. The single chart mode is available. That is, only four charts are necessary to run this robot on all the fifteen pairs and the four timeframes as can be seen in the following figure:

SingleChartMode20160423.png

The quick setup manual can be found here (-> Description).

The risk will be diversified by running the trading robot on all the recommended pairs and timeframes.



More information at the SFE Price Action website



Demo (my own forward test)

Currency pairs:
       EURUSD, GBPUSD, USDCHF, USDJPY, AUDUSD, EURGBP,
       NZDUSD, EURAUD, EURJPY, GBPJPY, AUDJPY, USDCAD,
       AUDCAD, EURCAD and XAUUSD
Started: 05/02/2016
// BREXIT EVENT //
Stopped: 06/16/2016
Restarted: 06/20/2016
Timeframes: M5/M15/M30/H1 (single chart mode)



Read more at the SFE Price Action website



Vendor's accounts

from August 2015


              -----------------------------------------------



from October 2014 to July 2015



Visit the SFE Price Action website



Vendor's backtest
VBacktestSFEPriceActionV20.jpg



More information at the SFE Price Action website



Topic : Forex Trading
Genre : Investment/Money

Tag : SFE Price Action Forex FX MT4 EA Expert Advisors
     


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