Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
1. Use Mt4 trading platform.
2. H1 chart for scalpings, W1 chart for longtermtraders,
M15 chart for cofirmation of entry into trade and for exit (calps only) and
D1 chart for confirmation od entry in longterm position.
3. Find Dinapoli Template (Charts, Tempates, Dinapoli) in Mt4 trading platform.
4. Delete Stoch indicator and other indicators on chart and use only
MACD (8, 17,9) indicator.
5. Wait on H1 chart till see first "bar" to crosses line 0.
Wait on the end of trading hour in bar is still first in new direction. Signals works only at the start or at the end of trading hour. This is now our general direction for our new scalping position.
6. After we have confirmation of direction on H1 chart, we start to using M15 chart. We are waiting still with entry till we can see new first bar above (or belowe) 0 (0 cross) in the same direction like direction on H1 chart. It can take a while before such signal confirmation. When we have both we have confirmed entry.
7. We are holding trade in profit till any next bar on M15 chart (at the end of any new 15 minute close) is higher than previous. When isnt any more we are taking profit.
8. We are going out of trade in lost if/when bar fall (at 15 minute close) on other side of 0 level ot his indicator.
9. Totaly the same like above is if we want longterm signal for longterm swings.
But in such case we are using W1 chart for general direction and D1 chart for entry and exit and confirmation
ofcourse.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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