Sunday, September 19, 2010

Simple Trading Method with T101 IA Simulator by Carl Rodriguez

WARNING: This method may sound simple but this is not for NEWBIES. Using this system without basic trading knowledge will definitely blow your account. You need to have at least a 1 year trading experience to understand the theory of this method. There are other system appropriate for newbies.

I'm been playing this method for about 3 months now and the return is quite good. This is a very simple method and it is all base on price action, indicator free trading and it is done manually.

First you have to open a demo account and make sure that the MT4 broker you choose have the ff. pairs (must have) in their platform:

1. Download one version only.
T101 Universal Package v20.zip (65.5 KB, 2673 views)
2. Put the indicator in the /experts/indicators directory.
3. Start your Metatrader.
4. Attach indicator to a busy chart. It will create data files in your Metatrader /experts/files directory.
5. Copy the program (.exe) into the /experts/files directory.
6. Run it.
7. Select a reference date.
8. Check the Realtime box. 9. Continue to play. Watch, read more of this thread/T101 thread.

The Simulator Look like Above. How to read and open entry. When all green pairs at top and all red pairs at bottom, the trend is up and good to buy/long but wait until anchor signal come out. Please test with demo account before go to real trade to avoid loss.

This is based on the 14 pairs for IBFX (thats what I have). Should work for any broker that has these pairs. You must have these available in your MT4 to use this.

Set 1 (The Buys)
1) GBPUSD
2) EURGBP
3) GBPJPY
4) USDCHF
5) NZDUSD
6) AUDJPY
7) EURJPY

Set 2 (The Sells)
8) EURUSD
9) USDJPY
10) AUDUSD
11) NZDJPY
12) GBPCHF
13) CHFJPY
14) EURCHF
Total spread for Buys = 37
Total spread for Sells = 40
As designated by T101.

Please note that MT4 is written very poorly.
To ensure you get the maximum history data for use by the program, open all 14 pairs daily charts. This will prompt MT4 to download the daily data.