Real author: Unknown. The underlying algorithm of Ilan Dynamic 1.6 HT is simple. It is based on price averaging, with a gradual increase in the volume of each trade. Trend lines are probably the most common form of technical analysis in forex trading. They are probably one of the most underutilized ones as well. If drawn correctly, they can be as accurate as any other method. Unfortunately, most forex traders don’t draw them correctly or try to make the line. Home Indicators 5 Ways To Identify The Direction Of The Trend. Our Trading Courses & Weekly Setups. Join our team. In our Forex trading course. It can signal the transition into a new trend. Trendlines during ranges are ideal when it comes to finding breakout scenarios when price enters the trending mode again. Trends simply help us anticipate market activity. This allows us to get into a trade early and ride the upward trend until the peak. It also prevents us from staying in. Forex trend transition into a new company. A trend is a tendency for prices to move in a particular direction over a period. Trends can be long term, short term, upward, downward and even sideways. Success with forex market investments is. In case, this number increases, it may give a trader a clue that new business is entering the market. By the way, Forex traders may analyze this information as well. For example, if after the opening of the first long position the price goes down and exceeds a certain range in points, a new long position with a larger volume will be opened. Thus, the average entry price of Ilan Dynamic stays close to the current market price. Therefore it is only needed to wait for a small price rollback and close all open positions with profit using TakeProfit. The overall picture of entries performed by Ilan 1.6 Dynamic corresponds to this screenshot of the MetaTrader 5 Strategy Tester: As you can see, the price went against three Buy positions, but after a small rollback all the three positions were closed with a significant profit. The screenshot also shows the TakeProfit levels (green horizontal lines) and the StopLoss levels (red horizontal lines). The Expert Advisor dynamically calculates the price levels for averaging depending on the price range between the high and low price within the range of the last few bars. The word 'Dynamic' in its name points to this fact. In addition to TakeProfit, Ilan 1.6 Dynamic allows the use of the classical StopLoss, trailing stop, exit by time, exit by the CCI indicator and exit by a specified Equity level of all trades. Test results Test results of Ilan 1.6 Dynamic can vary greatly depending on the selected timeframe, the testing period, the instrument, the broker and the initial conditions. Therefore the EA requires a thoughtful selection of parameters and markets on which it will trade. Nevertheless, it is possible to get some consistent results even on a short history by using the default settings. Here is a typical equity and balance chart generated by the Expert Advisor. Forex Advisor Ilan 7 Dynamic 1![]() Forex Advisor Ilan 7 DynamicsGeneric Breakout Version 6 brought one major upgrade, generic breakouts could now be optimized. Generic Breakout Version 7 adds a few new features, namely in the graphics and trade management sections. Warning: Floating profit/loss or Equity of Ilan 1.6 Dynamic can greatly differ from its balance, which is reflected on the chart. If the price moves without rollbacks, its Equity drops and eventually this trading strategy may lead to MarginCall and ruin your deposit. Forex for beginners video tutorials for beginners. Work using Ilan 1.6 Dynamic only during flat. Use its lot exponent with caution!
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