FTRS BOLT PRO

• The script uses RSI as major trend identification and supported by RSI divergence for take profit, and also counter trend in certain cases.
  
• Uses EMA 200 for major trend identification to filter false signals, Average Volume as confirmation and faster signal detection to the change of trend.
  
• The indicator detects immediate change of trend and immediately opens position for the major trend.
  
• User can enjoy the RSI with labels of divergence to do manual judgement.
  
• Existing risk to reward ratio based on amount of money instead of ticks count. The currency is depending on the chart's trading currency.
  
• This strategy mainly built for FCPO and its for 1 min settings only. User can toggle the sessions as per users preferences
  
• The default risk to reward ratio is 1:1.5. However, there is a risk management using RSI levels to
  
  
  
  

Notes de version:

• Updated Buy and Sell signal labels.
  
• Updated custom time session to enable user select their dedicated trading time
  

Notes de version:

• Updated latest version to version 5
  
• Enable type of signal label and tick box to allow back testing easier
  
• Added new signal condition!
  
• Enjoy!
  

Notes de version:

Adjusting glitch of not closing the position for Open Long ATR position

Notes de version:

• This strategy created to help trader who have problem in managing their risk, I hope this will benefit more FCPO traders in the future
  
  Update as per below :-
  Omitted ATR Conditions and added new modified stochastic long and short conditions
  
• Currently the strategy have 3 Long and 3 Short conditions. Momentum conditions (RSI based), Divergence conditions (RSI based and reversal) & Stochastic Condition (for short term scalping)
  
• Visually clean to see Long and Short signals and let the conditions do the work in the background
  
• On default, the risk is in value based (MYR) & user may customize settings below to change into tick/bids based.
  
• Personally I only took trades in the evening as morning session is too short to be traded
  
• The strategy is directed and non repaint. This is definitely not a scam.
  
• Trust the process and manage your risk well. Good luck!
  

Notes de version:

• Eliminate false signal when RSI reaches extreme level and weakness level
  

Notes de version:

• Updated, enable trail stop for risk management using ticks instead of amount. Need to tick the box and un-tick the risk management using value.