Monday, December 4, 2017

SunGiude

SunGiude


The indicator works based on the unique candle pattern. When the signal from the indicator has a high probability of a reversal of the price movement that we use.




The strategy of working with indicator


Login is done by closing the signal candle. Stop-loss is set for signaling the cloud. In this case we will have two take-profit, the first take profit is the size of the stop-loss, it closes 50% of the lot and move the stop-loss without loss. The second take-profit are putting 2-3 times more than a stop-loss.


Here we use 2 take-profit to allow profits to grow, it does not forget to carry a stop-loss to breakeven when the first take-profit to risk aversion.


I recommend to use no more than 1-2 of your favorite indicators for additional signal filtering to catch only the most optimal signals.




Basic settings display



  • Length - the number of bars for the pattern formation, I recommend asking from 3 to 10

  • Size from% - the minimum size of the pattern in% recommend asking 25 to 55

  • Size to% - the maximum size of the pattern in%, recommended set from 60 to 100


These three parameters can be changed directly on the chart during operation or testing of parameters in a fast changing panel without opening the indicator properties.


In addition to the display there are Alert, notification signal to the post office and the mobile terminal.


Good luck in trading.


SunGiude

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