Alqannas strategy

Discussion in 'Strategy Building' started by Mouhcine.FX, Dec 26, 2023.

  1. Hello,

    Today, I am excited to share with this simple strategy.

    upload_2023-12-27_0-1-16.png

    Rules:
    • Choose a high volume/volatility session (depends on the pair - London, NY ...).
    • Enter Long Positions: When the trend is UP and strong. Exit when the indicator gives a sell signal.
    • Enter Short Positions: When the trend is Down and strong. Exit when the indicator gives a buy signal.
    • Set Stop Loss at the last high/low.
    • Works on any timeframe.
    indicator download link:
    [Here]
     
  2. Quanto

    Quanto

    What is your success rate? Ie. how much profit% did it make last year or this year?

    It very much looks like the simplest trading strategy one can come up with as a beginner, ie. IMO nothing special.

    And for which program is the linked file (ALQANNAS.ex4) supposed to be?
    Do you assume everybody can use it?
    Why don't you mention for what program it is?
    Not even the download site has a description for that file; just the filename.
    Or is it maybe a computer virus? :)
     
    Last edited: Dec 27, 2023
  3. Quanto

    Quanto

    CHECK_Ad.png
     
  4. Jos Carla

    Jos Carla

    This is futures contract trading. Without excellent analytical skills, it is easy to lose money.
     
  5. The linked file (ALQANNAS.ex4) is an indicator designed for MetaTrader 4 (MT4). I apologize for not mentioning it earlier.
    For those unfamiliar, I've provided a YouTube video link on how to install custom indicators in MT4: Video Link.