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Mechanical Cash Builder Trading System

MECHANICAL CASH BUILDER only use two indicators, which are the Exponential Moving Average (EMA) and Awesome Oscillator (AO). 

This is a professional grade trading system that takes full advantage of a secret hedge fund technique that is not only easy to use, it could put hundreds if not thousands of dollars in your pocket. 

Characteristics of Mechanical Cash Builder Trading System

Platform: Metatrader4
Currency pairs: Major Currency
Trading Time: Round the Clock
Timeframe: Any
Recommended broker: Liteforex

How to Install this System: 

Although the original author has the detailed on how to install this System, We’ved got a simplier  way on how to install it.

  • Indicators used on this system are installed by default in your MT4 platform so just copy the .tpl File and follow the instructions on how to add template on your platform Here

How to add a template to MetaTrader 4

BUY TRADE RULES

The rules of my system are easy to follow. All you have to do is look for divergence, enter a trade at the break of the EMA, and set the take profit and stop loss levels.

  1. Identify Regular Bullish Divergence by drawing a line connecting the lows of the price, and another line connecting the lows of the Awesome Oscillator (AO). On the price, connect the higher low (Point A) to the lower low (Point B). On the AO, connect the lower low (Point 1) to the higher low (Point 2).
  2. Although not required to be present to enter a trade, look for confirmatory signals:
    • Double Bottom
    •  Triple Bottom
    • Inverted Head & Shoulders
    •  Bullish Pin Bar at Point B
  3. Enter a buy trade when the price breaks above the 10 EMA and the AO turns green. Most of the time, I don’t wait for the candle to close, as long as the signals are valid and the price stays above the 10 EMA.
  4. Set the stop loss level a few pips below the lower low on price, which is below Point B. If no stop loss was set, cut any loss manually if the price breaks below Point B level.
  5. Set the take profit at the previous resistance (R) Level, or a little lower for safety.

Exceptions To The Rules

Even if there’s no divergence signal, if there is a double bottom, triple bottom, or an inverted head and shoulders pattern, enter a buy trade when price breaks above the 10 EMA.
Don’t trade during high impact news release.

SELL/SHORT TRADE RULES

Sell trades are entered in the exact opposite way as buy trades.

  1. Identify Regular Bearish Divergence by drawing a line connecting the highs of the price, and another line connecting the highs of the Awesome Oscillator (AO). On the price, connect the lower high (Point A) to the higher high (Point B). On the AO, connect the higher high (Point 1) to the lower high (Point 2).
  2. Although not required to be present to enter a trade, look for confirmatory signals:
    •  Double Top
    • Triple Top
    • Head & Shoulders
    •  Bearish Pin Bar at Point B
  3.  Enter a sell trade when the price breaks below the 10 Exponential Moving Average (10 EMA) and the AO turns red. Most of the time, I don’t wait for the candle to close, as long as the signals are valid and the price stays below the 10 EMA.
  4. Set the stop loss level a few pips above the higher high on price, which is above Point B. If no stop loss was set, cut any loss manually if the price breaks above Point B .
  5. Set the take profit at the previous support (S) Level, or a little higher than the support level for safety.

Exceptions To The Rules

Even if there’s no divergence signal, if I see a double top, triple top, or head and shoulders pattern, I will enter a sell trade when price breaks below the 10 EMA.
Don’t enter a trade if high impact news is due to be released.

In the archive Mechanical Cash Builder Trading System.zip:

  • Mechanical_Cash_Builder.tpl
  • Mechanical Cash Builder.pdf
  • MechanicalCashBuilder.exe

START DOWNLOAD

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