ELDER’S TRIPLE SCREEN STRATEGY

Dr. Elders describes the Triple Screen System in his book “Trading for Living.” This system gained popularity among professional and beginners. The system relies on cornerstone truth, that trader’s mind often time-bounded, so the one cannot see the whole market picture. Many traders, while getting signals on low time-frame does not even realize, that they are trading against the market, which, according to Elder is the most dangerous mistake.

CONCEPT OF TRIPLE SCREEN

Three Screens concept consists of three phases: Tide – use higher-period screen to determine current trend; Wave – use middle-period screen to determine signal; Entry – lower period to determine the exact entry point for the trade. Each screen uses suitable for its purpose indicators. There is no particular rule for the timeframes distribution for three screens. However, we picked popular among trader’s variations:

ELDER’S TRIPLE SCREEN STRATEGY

Dr. Elders describes the Triple Screen System in his book “Trading for Living.” This system gained popularity among professional and beginners. The system relies on cornerstone truth, that trader’s mind often time-bounded, so the one cannot see the whole market picture. Many traders, while getting signals on low time-frame does not even realize, that they are trading against the market, which, according to Elder is the most dangerous mistake.


CONCEPT OF TRIPLE SCREEN

Three Screens concept consists of three phases: Tide – use higher-period screen to determine current trend; Wave – use middle-period screen to determine signal; Entry – lower period to determine the exact entry point for the trade. Each screen uses suitable for its purpose indicators. There is no particular rule for the timeframes distribution for three screens. However, we picked popular among trader’s variations:

MultiSymbol Triple Screen Trading System DEMO

Purpose

The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy.

It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc. (only NZDCAD is available in the demo version!)

How It Works

The indicator uses the modified Triple Screen Strategy for determining trend direction in the third window via Awesome Oscillator, Moving Average or Stochastic Oscillator at the trader's discretion. The oversold/overbought level is determined in the second window via Stochastic indicator. We also use Stochastic indicator in the first window, but this time we are determining the best market entry point. As a result, we obviate the necessity to move pending orders according to the market (what the classical system requires) and can enter the market at once.

MultiSymbol Triple Screen Trading System

Purpose

The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy.

It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc.

The number of instruments can be limited by capacity of the МТ4's parameters. But if desired, you can create several windows with various set of instruments and parameters.

Индикатор и советник MACDCrossPriceDiv

Эксперт на индикаторе iMACDCrossPriceDiv, может открывать ордера по всем стрелкам или только по первой стрелке нового направления. Имеются функции трейлингстопа и безубытка. Закрытие может выполняться по противоположному торговому сигналу и/или по стоплосс и тейкпрофит. Количество открытых ордеров настраивается.

LOCInfo Custom Monitor indicator for MetaTrader 4

LOCInfo is a monitor custom indicator which displays multiple values from different timeframes. Also it displays current Bid price, symbol, spread and ZigZag pivot levels.

LOCInfo is displaying the values listed below:

• Pair, Price and Spread
• 5 bars back Commodity Channel Index (CCI)
• 4 bars back Average True Range (ATR) on all Timeframes, price distance in pips and direction
• Moving Average (MA) on all Timeframes, price distance in pips, direction
• Stochastic on all timeframes, value and direction
• Previous day levels (Day high/low), price distance in pips
• Current day levels (Day high/low), price distance in pips
• ZigZag levels, price distance in pips

DI DayMaximum Trading Robot (EA) for MetaTrader 4

This strategy is based on the breakthrough of a last day's High (Low). The Expert Advisor places pending orders (BUY_STOP, SELL_STOP) at the last day's High and Low prices. After the specified time interval, orders are deleted and new ones at new prices are placed the next day.

The Expert Advisor has been optimized.

The Expert Advisor defines the number of decimal places in quotes and reduces TP, SL and Slippage to normal values if necessary.

DI GAP Strategy Trading Robot (EA) for MetaTrader 4

The strategy is based on restoring the price after the weekends.

Cruscotto v1 - Indicator for MetaTrader 4

Description

Cruscotto is the ultimate currency strength/weakness indicator. It monitors the status of the 8 major currencies, gold and oil in real time, using the data coming from 6 different time frames: from 15 minutes up to one month of data.

This will not only give you an overview of the currency situation, but also the details on its performance in the short term.

Проблема тестирования высокочастотных советников

При тестировании высокочастотных советников (EA) в тестере стратегий торгового терминала MetaTrader 4 необходимо обратить внимание на режим тестирования.

Стратегия Коррекция в Три Шага

Тезисы:

• Коррекция - это откат в тренде.
• Определяем тренд и линии сопротивления.
• Используем уровни Фибоначчи.

Когда речь заходит о трендовых рынках, трейдер может использовать стратегию на пробой канала или стратегию на откатах. Сегодня мы рассмотрим использование линий тренда и уровней Фибоначчи в торговле на откатах цены на трендовых рынках.

Торговые системы USSR-55 и USSR-STS

Торговые системы форекс - основа профессиональной торговли на валютном рынке.

Торговые системы форекс - это рубеж, за которым начинается профессионализм и завершается  форекс для начинающих. Это системное, стратегическое мышления профессионального трейдера форекс.

How to increase your profits with the Blueball Trading System

Dear friends and interested traders, today we want to share our Blueball Trading System with you.

It combines our five star rated trading tools Analyzer PRO, Lighthouse and Powerplay with the power of fundamental news to get only high probability trades and large price movements.

30 pips Indicator and Trading Strategy

30 pip metod

This is an amazing strategy which can net you 20 - 30 pips every day. Once you hit 20 pips for the day stop. Trade this strategy either 1 hour after the London Open or if you are in USA, trade it between 9:00 am and 10:00 am during the New York session for the best results. Now and then you may see a setup a little later then this and you can take that one also. Works best on the EURAUD, EURUSD, GBPUSD, GBPCHF and EURCHF currency pairs. The EURAUD is the easiest. Others currency pairs can also work such as USDCAD and EURJPY. Attach the template with the indicators to each of the charts for these currency pairs.