VLSystem Algorithm
Updated
Yesterday after 13 days we closed our 3 transactions on this pair with 303 pips Profit.
Please check the related idea to understand how this algorithm works.
I just changed the visualization and I hope it will still works great for you.
Please let me know if you want to come back to old design.
Once again!!!!!
Forget for a moment about SL. Focus on Tp at the moment you entrance the market.
I will get to the SL in the moment.
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- if the market will continue down than entrance Buy level 4 (buy again) and move TP1, TP2, TP3 to TP4 level (4 transactions opened and all of them will have TP at the same level TP4
- if the market move down than entrance Buy Level 5(buy again, 5 transactions opened) ALL TP must be moved to the Level TP5
- and now - if the market move down than entrance Buy 6 (buy again, 6 transactions opened), ALL TP must be moved to the Level TP6 which means TP6 = TP3, TP4, TP5 and TP6 will bring the PROFIT------------ Buy 1 and Buy 2 will be LOST and this is your SL
4H TIME FRAME - it means you have to be patient because the market may need some time to respond. Last time it took market 13 days to close with profit!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4 AND BUY LEVEL 5. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Please check the related idea to understand how this algorithm works.
I just changed the visualization and I hope it will still works great for you.
Please let me know if you want to come back to old design.
Once again!!!!!
Forget for a moment about SL. Focus on Tp at the moment you entrance the market.
I will get to the SL in the moment.
Try to understand the idea.
My algorithm alert me about LONG transaction starting at level Buy 1
Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- if the market will continue down than entrance Buy level 4 (buy again) and move TP1, TP2, TP3 to TP4 level (4 transactions opened and all of them will have TP at the same level TP4
- if the market move down than entrance Buy Level 5(buy again, 5 transactions opened) ALL TP must be moved to the Level TP5
- and now - if the market move down than entrance Buy 6 (buy again, 6 transactions opened), ALL TP must be moved to the Level TP6 which means TP6 = TP3, TP4, TP5 and TP6 will bring the PROFIT------------ Buy 1 and Buy 2 will be LOST and this is your SL
4H TIME FRAME - it means you have to be patient because the market may need some time to respond. Last time it took market 13 days to close with profit!!!!!
PLEASE DO NOT FORGET !!!!!!!!!!!!!!!!!!!
If the market will hit any next Buy level below Buy 1 than take the Profit and do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4 AND BUY LEVEL 5. - from now on we are waiting for next signal
Good luck traders!!!!!!!!
Note
Buy 1 level activated (buy) - 1 transaction openNote
Buy level 2 activated (buy) - 2 transactions open - Buy1 and Buy2Note
Buy level 3 activated (buy) - 3 transactions open - Buy1, Buy2 and Buy3Note
Marked closed our 3 transaction (Buy1, Buy2 and Buy3 at level TP3) after 15 days with profit 322 pips.Buy1 - 70 pips (Buy1 - TP3)
Buy2 - 110 pips (Buy2 - Tp3)
Buy3 - 142 pips (Buy3 - TP3)
This algorithm is no more active for this pair so please do not make any more entrance at levels Buy4 and Buy5
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