FTRS BOLT PRO
- The script uses RSI as major trend identification and supported by RSI divergence for take profit, and also counter trend in certain cases.
- Uses EMA 200 for major trend identification to filter false signals, Average Volume as confirmation and faster signal detection to the change of trend.
- The indicator detects immediate change of trend and immediately opens position for the major trend.
- User can enjoy the RSI with labels of divergence to do manual judgement.
- Existing risk to reward ratio based on amount of money instead of ticks count. The currency is depending on the chart's trading currency.
- This strategy mainly built for FCPO and its for 1 min settings only. User can toggle the sessions as per users preferences
- The default risk to reward ratio is 1:1.5. However, there is a risk management using RSI levels to
הערות שחרור:
- Updated Buy and Sell signal labels.
- Updated custom time session to enable user select their dedicated trading time
הערות שחרור:
- Updated latest version to version 5
- Enable type of signal label and tick box to allow back testing easier
- Added new signal condition!
- Enjoy!
הערות שחרור:
Adjusting glitch of not closing the position for Open Long ATR position
הערות שחרור:
- This strategy created to help trader who have problem in managing their risk, I hope this will benefit more FCPO traders in the future
Update as per below :-
Omitted ATR Conditions and added new modified stochastic long and short conditions
- Currently the strategy have 3 Long and 3 Short conditions. Momentum conditions (RSI based), Divergence conditions (RSI based and reversal) & Stochastic Condition (for short term scalping)
- Visually clean to see Long and Short signals and let the conditions do the work in the background
- On default, the risk is in value based (MYR) & user may customize settings below to change into tick/bids based.
- Personally I only took trades in the evening as morning session is too short to be traded
- The strategy is directed and non repaint. This is definitely not a scam.
- Trust the process and manage your risk well. Good luck!
הערות שחרור:
- Eliminate false signal when RSI reaches extreme level and weakness level
הערות שחרור:
- Updated, enable trail stop for risk management using ticks instead of amount. Need to tick the box and un-tick the risk management using value.