MQLPRO stoc/cci/VB Trading System

MQLPRO stoc/cci/ Trading system

Indicators MACD settings 2,5,3
Stochastics
5,3,3
CCI
14
Time frame 5 minutes

All three indicators must be sloping in same direction ,preferably at an angle of 45% , either up or down.Draw lines on the indicator and use the linear regression channels (see channels
under insert) on metatrader platform

Stop loss
is no more than 20 pips away, and is set at previous swing low or high.Take profit is when the CCI and
stochastics reverses 90 degrees angle(from entry point)

On LONG ENTRYCCi
/MACD.STOCHS must be POSITIVE figure

on SHORT ENTRYCCI/MACD/STOCHS must be negative figure

On LONG EXITSCCi
/MACD.STOCHS must be negative figure

on SHORT EXITSCC1/MACD/STOCHS must be positive

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MACD/volatility breakout settings should read around 70 for buy and – 70 for sell (chart

2) Do not
trade before and during news releases
If the daily average range is exceeded then do not chase the trades , as u may have missed the trend and therefore the risk reward ratio becomes unprofitable

Trading times are 8 am to 18 hours C E T

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  • Platform: Metatrader4
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • How to install MT4 indicator?
  • 1. On the desktop, double-click to open the MT4 trading platform software you installed.
  • 2. Click on “File” – “Open Data Folder” in the upper left corner, double-click the MQL4 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT4, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window
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