Mastering Price Action with e-PSI@MultiSET for MetaTrader 4

Mike 2011.11.21 16:00 30 0 0
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The concept behind the e-PSI@MultiSET is straightforward—it's all about capturing the oscillating price movements within a trading bar. With a touch of mystery and a bit of finesse, it offers traders the chance to relax while navigating the markets!


At the heart of this system is the ControlPeriod, where we analyze prices based on the opening of the NewBarInPeriod. For instance, I’ve been using it on the EUR/USD pair on the H1 timeframe.
This is just one of many strategies to extract profits, designed to function under what we call the "quoted device" DC. One of the undeniable advantages of this approach is the manageable risk, which remains within reasonable limits (up to 20%). Key components of this tactic include: reliable server communication, a good sense of proportion, consistent refinancing, and the ability to make timely adjustments.
I’m currently working with three brokers, but interestingly, I've only seen the expected results with one of them. However, the floating spreads at this broker turned out to be less than ideal for this strategy...

P.S. This advisor offers clear control over bar openings.

The advisor is just one part (and a simplified version) of a comprehensive system that includes two advisors:

  • 1st: For optimizing parameters;
  • 2nd: For live accounts.

If you have any questions or are interested in optimizing the system parameters for your broker, feel free to PM me.

I've worked on fixing some bugs (including adding an extra filter), and I've tailored the testing conditions to align with real money management strategies: a maximum lot size of 5.0 and a deposit load of no more than 15% (it was previously set at 50%).

P.S. I’ve also translated the interface into English for easier navigation.

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