0) This strategy is designed for the NQ 5 minute candles. The Value Area is defined as 70% of the previous day's volume profile with 24-tick-per-block sizing. The maximum number and size of entries will be defined by the Expert Advisor
1) The previous day VAH/VAL is defined by your orderflow suite
2) The Fibonacci extension is drawn, with VAL defined as 0.0% and VAH defined as 100.0%
3) No trade happens until price crosses the 138.2% OR -38.2% Fibonacci prices
4) Say the 138.2% price is breached, the expert advisor would watch to see if NQ closes above the 161.8% or closes below the VAH
4a) If NQ closes below VAH then we short the NQ. Stop loss is 138.2% and the Take profit is the VAL below.
4b) If NQ closes above 161.8% then we go long. Stop loss is also 138.2% and the Take profit is 238.2%.
5) If the -38.2% price is breached, then the expert advisor would watch to see if NQ closes below -68.1% or closes above te VAL
5a) If NQ closes below -61.8% then we go short. Stop loss is -38.2% and the Take Profit is -138.2%
5b) If NQ closes above VAL then we go long. Stop loss is also -38.2% and the Take Profit is VAH.
With all - the entry price should not exceed the take profit price
1) The previous day VAH/VAL is defined by your orderflow suite
2) The Fibonacci extension is drawn, with VAL defined as 0.0% and VAH defined as 100.0%
3) No trade happens until price crosses the 138.2% OR -38.2% Fibonacci prices
4) Say the 138.2% price is breached, the expert advisor would watch to see if NQ closes above the 161.8% or closes below the VAH
4a) If NQ closes below VAH then we short the NQ. Stop loss is 138.2% and the Take profit is the VAL below.
4b) If NQ closes above 161.8% then we go long. Stop loss is also 138.2% and the Take profit is 238.2%.
5) If the -38.2% price is breached, then the expert advisor would watch to see if NQ closes below -68.1% or closes above te VAL
5a) If NQ closes below -61.8% then we go short. Stop loss is -38.2% and the Take Profit is -138.2%
5b) If NQ closes above VAL then we go long. Stop loss is also -38.2% and the Take Profit is VAH.
With all - the entry price should not exceed the take profit price
Anmerkung
There will be no more than three losing trades in a row in one session
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.