Are you looking to scalp in a safe market trend?
Many traders are skeptical about using automated trading systems; they prefer to rely on technical analysis and make manual trades. But what if you could harness that technical analysis and trend line strategy in an automated way?
That's exactly what we aim to do with Safe Trend Scalp!
This smart Expert Advisor (EA) utilizes the Zigzag indicator to gauge the market's price sensitivity. By identifying the highest and lowest price points (support and resistance), the EA can spot price slips effectively.
Similar to trend line trading, we focus on sensitive price points, best support, and resistance levels to make informed trading decisions. The smart robot automatically establishes trend lines based on the market's reaction at these points.
When the price touches these lines, the EA takes action—deciding whether to buy or sell depending on the prevailing market conditions.
This is a foundational concept that I’ve developed and am excited to share with you, and keep in mind, it's not a pro version!
If you have any questions or thoughts on improving this EA, feel free to reach out: Fafolika
So, what’s the outcome with this trading method?
Recommendations
- Do not use on a live account without a clear understanding of the risks involved.
- If you have coding knowledge, consider integrating your own strategies into the EA.
- Before deploying the EA in real market conditions, test it on a demo account for at least 4 weeks.
- If you have any ideas or suggestions, feel free to message me privately.
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