- Template - Save time settings and indicators
- Chart Shift - puts latest price moves in the center of the chart
- Standard deviation lines - place line and double-click to set the number of deviations
- Fibonacci lines as support/resistance
- Comments placed for announcements.
- Profiles menu is in File menu to save groups of charts
- Parameters tab - most specific data of indicators
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That was it for the reading. Onto my 1st trade using Trend Bouncer. I entered into USDJPY,
- Leverage is 1:200 using WSI Technology Ltd. as a broker.
- Opened buying 1.00 at the ask price of 106.466
- the EMA 12 having already crossed abode EMA 36.
- The ADX 14 indicator never reached 40.
- I closed just a minute ago at 160.327. That was a spread of 139 pips.
- EMA 12 was still above 36. I could have waited for ADX 14 to rise to 40, but I had no stop loss set.
- Profit: -130.73
- Swap -20.83
- Commission: -35
I'm sitting here with a calculator trying to figure out how to generate all these numbers beyond the price move, and it's a little tricky. Tomorrow's trade, I'm using MetaQuotes as a broker because I don't have to worry about swaps or commissions in the calculators. Yes, I have two demo accounts open right now.
On the charts, I've also zoomed in a lot to view the candlesticks over the last day. The other thing I need to do is set position size. I'll be extra aggressive for training purposes at 10%:
Balance: $4879.59
.1(4879.59) = $488
The leverage in this account is 1:50. So, 1 lot = 100,000 / 50 = 2,000.
Rounding 488 up to 500, 500/2000 = .25. I can purchase up to .25 lots. I think that math's right. Well, that doesn't include the spread, which is really my risk. Still, I'm stopping here and I'm just going to open a trade for tomorrow with volume .25 and see what it looks like.
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