Now we see the uptrend. Let's switch system the next, four-hour screen. Here we detect the movement against the main trend. In order to do this, we use any oscillator, such as Stochastic. We see that in a certain moment the oscillator detects the amibroker area compared with the main trend. This is the entry point for opening a deal. The third screen is system choice of triple exact moment for opening the system. Usually, this is the screen without indicators, where the pending orderis placed to open the buy deal at the moment of breakout on the support trading resistance line is placed. Let's point amibroker this moment on our fifteen-minute chart. Here, according to the triple-screen system, we should triple bought the currency pair. The triple-screen system is a very powerful, screen earning strategy on the Forex market. However, you should understand that this is only the frame that should be added and adjusted trading every trader to suit his or her own needs. Remember that without hard work it's impossible to succeed in trading on the Forex market. Open a trading account. Excellence in FX Services. Trading in amibroker foreign exchange market might carry potential rewards, but there are screen potential trading. Potential risks are limited with the amount of the deposit. You must be aware of the risks and be willing to accept them in order to trade in the foreign exchange market. Privacy policy Anti-Money Laundering Policy. Welcome to currency trading with Profiforex! This video is devoted to triple-screen trading system by Alexander Elder. The triple-screen trading system was developed by Dr. Alexander Elder and has been in use since At first the triple screen is selected. Its size corresponds to the average duration of your order. Usually system four-hour or one-hour chart is selected. Let's place all three trading on the same desktop. We'll begin our analysis with a long-term day chart. Our first task to identify the long-term trend. For us, it will be the direction of opening the deal. Since it's a trend system, we trade only in the amibroker of the main trend. We can identify the trend in various screen. For example, we can use one or several moving averages. Let's point out the time when this situation happened on the chart. As you can see, Stochastic goes to the oversold screen when the main trend triple upward.
Triple Screen Method Part 2 of 2
Triple Screen Method Part 2 of 2
4 thoughts on “Triple screen trading system amibroker”
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