Many traders prefer to Trade Forex Autopilot and simply obey the signals given by the negotiations on a system without the subjective judgments. Here we will give you proof that free in terms of potential profit. The scheme is Richard Donchian normally 4 weeks and was the basis for many successful negotiations .throughout the world.
Including big fan of trading legends as Richard Dennis, if you are best enough, it's a good news! .
Late 70s, the development of system was to trade commodities. However it can be used for any currencies trend market.
Now the system is so easy, it comprises of a single state, and that is:
1) Close all short and long positions when the price is the maximum of the last 4 weeks.
2) Close all long and short positions when the price declines below the minimum of 4 workweeks.
Whenever the system is equipped with a SAR (verdict and reverse), the system will still have a position on the market (whether long or short).
Go to test and see.
It is undeniable that it works very good with the trends of the market, to ensure that you are connected with all the great movements --
But like all systems of the negotiations, there is a bad thing:
Located in a raid Clapotis next to the market, and in May, you are thinking about the filter:
The introduction of the standard of 4 weeks rule is the solution and the issuance of short-term weekly.
The operator can also specify other rules for the output, ie the output, if an average has failed. For example, the application of a voyage of 10 days on average, that the issue - 10 days before the average is half of the input signals (four weeks is 20 days for negotiations) is the time that we love. You may also try out with the ADX and MACD RSI filter if desired.
Many traders neglect this, finally, is not connected or complicated, such as chaos possibility or AI-based systems, full of mysticism and absurd, Gann, Fibonacci and Elliot Wave - simply it does work.
Simplified systems are more effective than complicated because they have more some factors to get through. If you are concerned to earn money and a long-term discipline, as this arrangement.
If you think you can win on the complexity of the markets, the transition to a technological possibility or use buzz of negotiations often - not only - that is, the money in a long-term discipline.
4 weeks, is very simple, which can be adapted to the losses by adding filters, and get on the correct side are all important - to be done and has great advantages.
So if you prefer to deal Forex autopilot and make huge profits in the long term to consider this free and happy that he can.
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