Signal Management
How to trade our signals without experience (Copy and Paste)
In the group of PREMIUM SIGNALS we send 3-12 buy/sell signals from Monday to Friday, in the signals we indicate the value at which to enter the operation, the Take Profit and Stop Loss
The signals look like this:
#AUD/USD
SELL 0.71480 (Entry Price)
💰Take Profit 1 0.71230 (Target Profit Price)
💰Take Profit 2 0.70280
❌SL 0.71710 (Loss limit price)
How do I have to open the signals in MetaTrader 4?
The fact of trading by signals makes the task of trading Forex easier, it saves us from having to spend hours analyzing the markets, trends, news… etc. But this does not mean that we do not have to spend time on it.
You can follow the following method to protect profits:
- We give the Buy or Sell order, look at correctly putting the TP and SL.
- We observe how the market advances, when we are about 15 PIPS of benefits over the entry value we will have to change the SL to the entry price and change the TP to 2 (100 PIPS of benefit). With this we protect the operation in the event that the market changes due to an unforeseen event.
- If the price continues as expected and we manage to be within 5 PIPS of the TP2, we would have to change the SL to the TP1, with this we manage to secure 20-25 PIPS profit in the event that the market turns around.
- If the market turns and touches the TP1 we will have gained 20-25 PIPS, if the market goes as we have predicted and touches TP2 we would win 100 PIPS.
What lot to use?
- $100 deposit: 0.01 trades
- $250 deposit: 0.02 trades
- $500 deposit: 0.05 trades
- $1000 deposit: 0.10 trades
- $2500 deposit: 0.20 trades
