# VLSystem Algorithm

FX:XAUUSD   黄金/美元
421 12
After 49 days market closed our 6 transactions with total profit of 752 pips.
Sell1: -75 pips
Sell2: -3 pips
Sell3: +51 pips
Sell4: +175 pips
Sell5: +265 pips
Sell6: +339 pips

Total: +752 pips

We have another opportunity, so once again:

Forget for a moment about Stop Loss(SL). Focus on Take profit(TP) at the moment when you entrance the market.
I will get to the SL in the moment.
Try to understand the idea.

Entrance at Buy level1 (buy) - TP at Take Profit 1 - but if -
the market will continue down than entrance Buy level 2 (buy again) and move TP1 to TP2 level (which means, you will have 2 transactions opened and both TP1 and TP2 will be from now on the same level TP2)
- if the market will continue down than entrance Buy Level 3 (buy again) and move TP1, TP2 to TP3 level (which means, you will have 3 transactions opened and TP1, TP2 and TP3 will move to TP3 level)
- if the market will continue down than entrance Buy level 4 (buy again) and move TP1, TP2, TP3 to TP4 level (4 transactions opened and all of them will have TP at the same level TP4
- if the market move down than entrance Buy Level 5(buy again, 5 transactions opened) ALL TP must be moved to the Level TP5
- if the market move down than entrance Buy 6 (buy again, 6 transactions opened), ALL TP must be moved to the Level TP6

- and now - if the market move down than entrance Buy Level 7 (buy again, 7 transactions opened) which means TP7 = TP2, TP3, TP4, TP5, TP6 and TP7 will bring the PROFIT------------ TP1 will be LOST and this is your SL

4H TIME FRAME - it means you have to be patient because the market may need some time to respond. Sometimes VERY LONG TIME

If the market will hit any next Buy level below Buy 1 and take the Profit than do not entrance any next levels.
Example: market hit Buy level 3 - it means you have 3 transactions opened for buy(Buy1, Buy2 and Buy3) - next, market went UP and hit the TP3 - you close automatically all 3 transactions with Profit and DO NOT ENTRANCE ANYMORE BUY LEVEL 4, BUY LEVEL 5, BUY LEVEL 6 and BUY LEVEL 7. - from now on we are waiting for next signal.

Total: +514 pips

This algorithm is no more active.

My buy 2 is not activated,I placed it on 1222.00 ,thought from your chart that entry point is somwhere there.See now what I mean that it is very difficult to understand exatly where is entry/exit points?!

Mairita
@Mairita, Please do not use your phone to do it, if you are using trading view platform than use your cross cursor to find the price levels , Check the spread with your broker, all positions should be active now

Mairita
@Mairita, our buy2 level was scheduled at 1221.64, market opened on Sunday at level 1220.74. It means your position should be placed automatically

how does it wrk..can u elaborate

akhil1206
@akhil1206,
It looks like my new graphic design doesn't work. I think it was easier with the old one. I am sorry guys. I will change it back.
Akhil1206, I will send you whole concept and explanations.

Will try this :)

Mairita
@Mairita,
Please check my Forex ideas. Algorithm works very well.

toja
@toja, I did :) Thought will try out this at once you published new idea,this was the first one :)

toja
@toja, it's a little difficult to understand exact entry and tp points.

Mairita
@Mairita,
I just send you whole explanation, step by step with examples. Let me know if it is still not clear

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