Saturday, October 8, 2011

Zamer price indicator

Zamer price indicator will help you to calculate the levels of stop loss and take profit, as well as in selecting the size of the opening position
Before the opening of a transaction, a trader needs to know to what point he will open the position, under what conditions, what volume would this position, be it sale or purchase, any amount of capital to risk it, and at what level should stop loss, and most importantly where, when and under what conditions the trader closes their deal.

All the above calculations trader should do or on paper, preparing to trade in advance or on the move, but many of the figures should be known in advance, such as lot size and the maximum stop-loss points in this volume at the position.

But as all of the above is just a number, in their calculations, we can always help the computer, in this case the indicator Zamer price for the trading terminal MetaTrader4 . After adding the indicator on the chart, almost all the work Zamer price makes itself, the user need only move horizontal lines up and down relative to each other on a certain number of points.

An indicator:
BUY - allows you to set the type of open orders, set the «true» - if we want to open a long position and set the «false» - if open a short position;
Line_ASK - allows you to "turn on" a baseline for the calculations, if the line is enabled (true), then the calculations will be carried out on this line;
Lot - lot size is the opening position;
TekstSize - the font size.
The use of the trade:

how to apply this indicator to trade, I think everyone will be so clear in the end, each user can decide for himself, and therefore analyze only a small example of such use.

First you need to pay attention to the color lines. The line "pink" color is set to a level where you plan to install a stop-loss line of "green" color - set to take-profit level, and a line of color «Aqua» must be installed on the price of open positions. For all that should be observed all the rules, ie, if the parameters of the indicator «BUY» is set to "true" , then "green" line must always be set above the opening point and the line "pink" color - below the opening position, m . because it is alleged stop-loss.

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