Gann Pivot Indicator

Gann Intraday Pivot
  • The indicator is based on W.D. Gann Methodology and Grid chart system customized for the modern market with a simplistic approach.
  • It is designed for Scalping to Intraday Trading. A complete tool with Customizable Price and Time Support and Resistance level.
  • The indicator shows day trend strength in advance with the start of the day. Indicator plots buy/sell signals on charts (Subject to consider with market price action), also the current trade.
  • Indicator plots Daily and Hourly Pivots. Also, Custom Pivots based with 4 calculating points, from Current day high / Last Day High / Current Day Low / Last Day Low.
  • The indicator also plots time pivots which indicate ideal time for a major trend change in the market. ( Subject to consider with market price action.)
  • Indicator plots Gann Master Grid chart layout for advanced analysis.
  • Best Usage: 1 Minute to 15 Minutes charts, All Instruments
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SFX Intraday Planetary Line Indicator

Space Time Intraday Planetary Line Indicator
  • Indicator plots planetary lines without using any CSV file or any kind of data fetching from 3rd party software or Internet!
  • It has inbuilt astronomical calculation being the first of its kind in the MQL indicator history.
  • Planet Degree might differ from 0.5-1.0 degrees than actual. NASA quality.
  • Indicator plots planetary lines based on Custom-able Planetary Coordinates ( Geocentric | Heliocentric ), Planetary Zodiac Method Tropical | Sidereal (Vedic), scaling for plotting planetary lines for Sun, Moon, Mars, Mercury, Jupiter, Venus, Saturn, Uranus, Neptune, Pluto, North Lunar node and South Lunar Node and average of 5 and 8 planets planetary lines. Plots planetary aspect price lines with planets and aspects selection. Also plots Mundane Aspects, Moon Ingress Timing with its Trend strength (Strongest, Stronger, Weak, Continuation, Reversal) Hora lines. All inputs are customizable.
  • Dashboard data shows the daily trend for individual instruments along with effective planet name in Advance. Also the indicator per deg scale. Draws buy/sell signals on the chart with alerts. (Subject to consider with market price actions)
  • Best usage: 1 Minute to 15M chart. (for scalping to day trading)
  • Instruments: All instruments including FX pairs, metals, and indices. Simply adjust the scale accordingly.
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SFX Multi Pair Trend Dashboard Indicator

Multi Pair Trend Dashboard Indicator
  • Indicator show signals for 15 Instruments/ Pairs (custom-able) based on a selected time frame.
  • User can select Maximum 8 indicators according to their choice among 14 available indicators and oscillators with changeable inputs.
  • Indicator Automatically Adjusts its columns and rows based on the user input and can plot multiple Dashboard on the Same chart.
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SFX Risk Reward Indicator

Risk Reward Indicator
  • Shows Risk, Reward and Trailed position monetary value for all active open orders.
  • Here locked profit represents trailed positions.
  • For ECN broker indicator counts order commission into the calculation to show the actual monetary value for a trade.
  • If any order doesn't have any stop loss, then it shows the account free margin in the risk field.
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Trade Duration Indicator

Trade Duration Indicator
  • The indicator shows current active trades (including pending orders) time duration in Minutes, Seconds and Hours.
  • Time duration means how long the order is active in the market, how long the order is running.
  • The indicator shows Trade Lot size, Instrument Symbol, Trading serial number chronologically.
  • Indicator refreshes its data on the chart according to the order activity.
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Thursday, February 14, 2013

Pyramid Money Management System, add position in winning trades!

As you know money management is the key of all strategies. Beginners looses at first because they didn't adopt professionals money management skills. Novice traders always thinks about profit. But professionals always thinks about risk. This is where MM comes in.

Pyramid Money Management system is best for position traders.
The method which i am showing here, i develop it by myself. But you can customize it, use your imagination.

Suppose you are in sell position with EURUSD. Your target is 120 pips.
Step one is to divide the target with 4 or 3 according with the volatility.  If you divide it with 3, then you will get 40 pips per segment. Now, we will open 3 order total and each after market crossed below 40 pips.

Trade 1 : Lot size : 0.40
Take profit : 120 Stop loss : 30

Once moved 40 pips.
Trade 2: Lot size : 0.20
Take profit: 80 Stop loss @ opening price of Trade 1.
Trail stop loss of trade 1 of 20 pips.

Once moved more 40 pips.
Trade 3 : Lot size : 0.10
Take profit:  40 Stop loss @ opening price of Trade 2.
Trail stop loss of trade 1 of 40 pips.
Trail stop loss of trade 2 of 20 pips.

Now, i why i use decreasing lot for building pyramid is because its safe!  Even if we get stopped out of trade 2 or trade 3, still we will be in brake even or in a small profit. But not in big loss.
As long as market moves, constantly trail your stops & lock your profit. But you can also use same fixed lot for while pyramiding. Just trail your SL, then only enter for next trades.

Useful Rule:
  • While selling always mind nearest supports & while buying always mind nearest resistance. Because that will be your initial take profit limit.
  • Avoid ranging / sideways market for pyramiding.
  • Suppose you selling in downtrend, market meet a support & hit your trailed stop. You can re enter again few pip below the support. (Basics)

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