Petko Aleksandrov
write 20 words summary based on this youtube script without saying in this videoAt the end of the month I always review the robots that I use and I found one that is quite interesting it uses a pin bar which is quite an interesting formation on the charts and it brings
Quite interesting signals so I decided to dedicate a video about it and as well I will share with you the robot for free but stay with me until the end of the video so this robot is part of the top 10
Forex EAs that I create every month and by the way we have launched the 21-Day online program which is completely free I finally found the time for it to complete it I’ve been working on it for a
Few months and now it is live on the website of EA Trading Academy so if you sign up for three weeks you will receive access to three of my courses a lot of free EAs you will learn to use strategy
Builders it’s everything basically we do in the academy we have combined it into Ultra 21-day Algo Program which one more time is absolutely free I’ll leave the link Down Below in the description
So on our website we have the top 10 Forex robots that are result of all of our work and every month we update with new 10 robots or simply we take the top performers from the previous month and this
Month I found that the one strategy that brought the most profits is using the so-called pin bar I will explain in a second what exactly that means and surprisingly it was the top strategy with just two trades so I’m always trading these EAs on Metatrader but on EA Studio it’s much easier to
Recalculate their performance by using the start date limit filter if I remove it and I recalculate The Collection you will see the 10 strategies with their balance charts but this is since 2015 so if
I want to see which one of the 10 strategy was the top performer from this month I’ll simply go to data I’ll click on Data Horizon I will check on you start date limit and I’ll select the beginning
Of the month and today is the 28th of August so now if I recalculate The Collection I will see the strategies that were profitable and on the top I have one that executed just two trades but the
Most net profit when trading with 0.1 and these two trades were a result from the pin bar so this pin bar is actually a Candlestick formation and we have bearish pin bar formed when the upper shadow
Of the Candlestick is bigger than the lower Shadow okay not sure if I explained it well this way but if you look at the chart you will exactly see what I mean so right in here we have this tiny tiny bar
That has an upper Shadow and you can see that there is no lower Shadow and here right at the opening of the next bar we had a buy order and it was closed on a profit then previously this
Month I have one more example right in here with a very very similar bar that had a little bit bigger upper Shadow now let me remove the start date limit so I can show you a little bit more you can
See that in the long term this strategy is very profitable with a very steady curve line exactly type of strategy I want to see and if I show you a little bit more examples you will see that right
In here we have a short trade because we have this bullish pin bar the lower Shadow is much bigger than the upper shadow in this case there is no upper Shadow at all so if I show you a little
Bit more right in here we have a bearish one the upper Shadow is bigger than the lower Shadow and if I show you more examples you will see that right in here again we have a bullish one the
Lower Shadow is bigger than the upper Shadow and actually we have a rule that the maximum body part should be four percent alright so from the low to the high of the candle stick the body should be
Just four percent a very small piece of the whole movement from the Candlestick and then the minimum Wick part should be 28 right so for the beginners some call it Wicks others call it Shadows it is
The same thing and in this strategy we need to see at least 28 percent of the whole candle stick to be the wick and I will show you a little bit more about the strategy it uses a stop loss of 94 Pips
Take profit of 94 Pips as well we have the moving average crossover as an exit indicator so whenever the fast moving average crosses the slow moving average upwards it is a signal to exit and right
In here you can see that this trade was opened at this opening right after the pin bar and then once we had the cross of the two moving averages we had the exit so now I will download this expert
Advisor separately from the 10 EAs and I will put the link Down Below in the description so you can download it guys for free and test it yourself it’s not very active strategy as you saw this
Month there were just two trades but it brought the most profit and and you will see that if I go to the editor with one click I can download it for Metatrader 4 and for Metatrader 5. that is the
Beauty of using Strategy Builder because I don’t need to hire developers I don’t need to spend time coding because I’m not a developer myself so the only thing you need to do right now is download the EA and test it with a regulated broker such as the sponsor of today’s video BlackBull Markets
It is a CFD regulated broker based in New Zealand and they offer a lot of instruments you can choose between three different account types the ECN standard the ECN prime and the ECN institutional account obviously the bigger account you select you would pay lower fees and
Commissions as well the broker offers different platforms starting from TradingView Metatrader 5, Metatrader 4, Web Trader and a few more but if you want to trade the robot that I share for free in this video you need Metatrader 4 or Metatrader 5 I will include both down in the description
So you guys make sure to test it first on a demo account as always I thank you so much for staying with me until the end of the video I wish you safe trading but before you go check out this
Video on my side if you want to learn how to use EA Studio and generate your own strategies for free take care safe trading and always don’t forget that I love you foreign [Music]
write 2100 words and add headings article based on this youtube script use 20 words in a sentence in maximum 25% of sentencesAt the end of the month I always review the robots that I use and I found one that is quite interesting it uses a pin bar which is quite an interesting formation on the charts and it brings
Quite interesting signals so I decided to dedicate a video about it and as well I will share with you the robot for free but stay with me until the end of the video so this robot is part of the top 10
Forex EAs that I create every month and by the way we have launched the 21-Day online program which is completely free I finally found the time for it to complete it I’ve been working on it for a
Few months and now it is live on the website of EA Trading Academy so if you sign up for three weeks you will receive access to three of my courses a lot of free EAs you will learn to use strategy
Builders it’s everything basically we do in the academy we have combined it into Ultra 21-day Algo Program which one more time is absolutely free I’ll leave the link Down Below in the description
So on our website we have the top 10 Forex robots that are result of all of our work and every month we update with new 10 robots or simply we take the top performers from the previous month and this
Month I found that the one strategy that brought the most profits is using the so-called pin bar I will explain in a second what exactly that means and surprisingly it was the top strategy with just two trades so I’m always trading these EAs on Metatrader but on EA Studio it’s much easier to
Recalculate their performance by using the start date limit filter if I remove it and I recalculate The Collection you will see the 10 strategies with their balance charts but this is since 2015 so if
I want to see which one of the 10 strategy was the top performer from this month I’ll simply go to data I’ll click on Data Horizon I will check on you start date limit and I’ll select the beginning
Of the month and today is the 28th of August so now if I recalculate The Collection I will see the strategies that were profitable and on the top I have one that executed just two trades but the
Most net profit when trading with 0.1 and these two trades were a result from the pin bar so this pin bar is actually a Candlestick formation and we have bearish pin bar formed when the upper shadow
Of the Candlestick is bigger than the lower Shadow okay not sure if I explained it well this way but if you look at the chart you will exactly see what I mean so right in here we have this tiny tiny bar
That has an upper Shadow and you can see that there is no lower Shadow and here right at the opening of the next bar we had a buy order and it was closed on a profit then previously this
Month I have one more example right in here with a very very similar bar that had a little bit bigger upper Shadow now let me remove the start date limit so I can show you a little bit more you can
See that in the long term this strategy is very profitable with a very steady curve line exactly type of strategy I want to see and if I show you a little bit more examples you will see that right
In here we have a short trade because we have this bullish pin bar the lower Shadow is much bigger than the upper shadow in this case there is no upper Shadow at all so if I show you a little
Bit more right in here we have a bearish one the upper Shadow is bigger than the lower Shadow and if I show you more examples you will see that right in here again we have a bullish one the
Lower Shadow is bigger than the upper Shadow and actually we have a rule that the maximum body part should be four percent alright so from the low to the high of the candle stick the body should be
Just four percent a very small piece of the whole movement from the Candlestick and then the minimum Wick part should be 28 right so for the beginners some call it Wicks others call it Shadows it is
The same thing and in this strategy we need to see at least 28 percent of the whole candle stick to be the wick and I will show you a little bit more about the strategy it uses a stop loss of 94 Pips
Take profit of 94 Pips as well we have the moving average crossover as an exit indicator so whenever the fast moving average crosses the slow moving average upwards it is a signal to exit and right
In here you can see that this trade was opened at this opening right after the pin bar and then once we had the cross of the two moving averages we had the exit so now I will download this expert
Advisor separately from the 10 EAs and I will put the link Down Below in the description so you can download it guys for free and test it yourself it’s not very active strategy as you saw this
Month there were just two trades but it brought the most profit and and you will see that if I go to the editor with one click I can download it for Metatrader 4 and for Metatrader 5. that is the
Beauty of using Strategy Builder because I don’t need to hire developers I don’t need to spend time coding because I’m not a developer myself so the only thing you need to do right now is download the EA and test it with a regulated broker such as the sponsor of today’s video BlackBull Markets
It is a CFD regulated broker based in New Zealand and they offer a lot of instruments you can choose between three different account types the ECN standard the ECN prime and the ECN institutional account obviously the bigger account you select you would pay lower fees and
Commissions as well the broker offers different platforms starting from TradingView Metatrader 5, Metatrader 4, Web Trader and a few more but if you want to trade the robot that I share for free in this video you need Metatrader 4 or Metatrader 5 I will include both down in the description
So you guys make sure to test it first on a demo account as always I thank you so much for staying with me until the end of the video I wish you safe trading but before you go check out this
Video on my side if you want to learn how to use EA Studio and generate your own strategies for free take care safe trading and always don’t forget that I love you foreign [Music]
