Hello to allforexsoutheast.asiamembers,

As I am old hereI only joined the forum prior to a week or so but I am continuously going to the forum for about a year. I am practicing forex for approximately 1 and 1/2 decades, over all $200 loss. I exchange in micro lots. Nevertheless doing and looking for profits.

I am looking for new indiors to apply on MT4 since time I understand about forum. I found some decent ones but now I dont even have principal to exchange on. Mean while I was observing the market modifiions using MT4, I came across a thought, could be you people laugh at me with it, but I really did everything I detected and thinking more about it. As I dont understand about financial markets so my expectations can be incorrect, in this case you may help me to improve my system since you've got better expertise than me.

This is my Strategy.
TimePeriod: M30
Symbol: any pair
Sell: if bid price moves 30 points upward from the opening price of the current candle.
Buy: if ask price moves 30 points down in the starting price of the current candle.
TakeProfit: 12
StopLoss: 30
Why? Because I've noticed that if a candle moves within this type manner, largely it go back for approximately 14 to 20 pints, so it's simple to get 12 points.

I made this idea myself and program it in an EA.
My EA functions in two manners.
1) It opens only one trade/account and waits for this to close for new commerce.
Two ) It unlocks one trade/symbol and waits for this to close on the current symbol for new commerce.

I finish it I implemented it and I won seven trades to get avg. 12 pips on demo account.Not big success but a hope. I need your help if my notion is some where good, poor or avg. How can I improve it?

Use it yourself and inform me about its own success.
Here are the variable configurations:
Lots: size of lot
pipsMove: Just how many pips should it go up or down before a new trade
stopLoss: the S/L
takeProfit: the TP
singleTrade: true for only one trade at a moment, false for one trade on every sysmbol on it's attached at a time.

I urge to use it upon M30 with default values, however you can alter it to get any TimeFrame according to your own requirements.

I need your perspectives that what you consider it.
Was I right or wrong?
https://www.forexsoutheast.asia/atta...2336532889.ex4