Mql4metatraderautomationtutorial Trading Tutorial Automation

The perfect trading entry for automated trading systems

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Sinopse

Trading is easy. If one has lots of time and money. But sadly most people don’t have one or both ingredients in great quantities. We need to work, we drive around, buy stuff and spend our time with lawn mowing, fixing things or we are forced to do paper work.   Life is what happens while you make other plans and in no time a day, a week or a month has passed and we have not made   a single inch of progress.   Therefore a trend is the perfect entry for my automated system. If the market moves upward within 10080 minutes (equals a week) that is a buy signal. If it moves down it is a sell signal.   That can be calculated with a simple moving average called an IMA. And most often you can also see it. You see it on all the charts for the shorter time units. And that exactly is the reason why I like the long-term trend based entry so much.   So what needs to be true when it goes up for a week?  Can there be an opposite trend in a smaller time frame? Yes.   But can it go down for a whole wee