The closing price of this trade was which resulted in a profit of 300 pips.

Transcription

1 In this image the robot is trading GBP/JPY. The robot is attempting to go long based on the blue candles as seen on the Heiken Ashi smoothed indicator (above) and the multiple timeframe indicator shown (below). For purposes of discussion MTF 1 refers to one time frame above the trading timeframe. MTF 2 refers to two timeframes above the trading timeframe. And finally MTF 3 refers to three timeframes about trading timeframe. The digit 1 means "on" and the digit 0 means "off". The robot always starts with the trade timeframe as a starting place. In this case we're looking at the 15 minute timeframe. It has found a blue candle that is closed and proceeds to look at "MTF 1" which stands for multiple timeframe 1. Essentially it's looking at the next highest timeframe looking for a blue closed candle before taking this trade long. Notice that in this instance the robot is ignoring "MTF 2 and MTF 3 as indicated by a 0. In summary this robot will take this trade long when the 15 minute timeframe and the 30 minute timeframe are both in agreement with a blue closed candle.

2 In this image you will see that the Metatrader 4 platform is on the 30 minute timeframe. You can verify this by looking at the multiple timeframe indicator (bottom) on the last row and the timeframe button on Metatrader 4. Since MTF 1 confirm = 1 the robot is looking for one time frame above the trading timeframe e.g. 30 minutes to have a blue closed candle. In this image you see that it does and the robot now has all the necessary time frames in alignment to take this trade. The opening price of this trade is

3 Again, you'll notice the platform is on the 15 minute timeframe which can be verified by the timeframe button on Metatrader 4 and the multiple timeframe indicator (bottom) bottom row. On this screenshot you will see where the robot exits the GBP/JPY trade. In this instance the robot is looking for an opposite color closed candle (red) to exit the trade. As you can see from the above image the exit MTF 1, exit MTF 2 and exit MTF 3 are all set to 0 (off). Therefore, the only active timeframe the robot is looking at to close this trade is the 15 minute trading timeframe. The closing price of this trade was which resulted in a profit of 300 pips.

4 In this image the robot is trading GBP/USD. The robot is attempting to go short based on the red candles as seen on the Heiken Ashi smoothed indicator (above) and the multiple timeframe indicator shown (below). For purposes of discussion MTF 1 refers to one time frame above the trading timeframe. MTF 2 refers to two timeframes above the trading timeframe. And finally MTF 3 refers to three timeframes about trading timeframe. The digit 1 means "on" and the digit 0 means "off". The robot always starts with the trade timeframe as a starting place. In this case we're looking at the 30 minute timeframe. It has found a red candle that is closed and proceeds to look at "MTF 1" which stands for multiple timeframe 1. Essentially it's looking at the next highest timeframe looking for a red closed candle before taking this trade short. Notice that in this instance the robot is ignoring "MTF 1 as indicated by a 0. In summary this robot will take this trade short when the 30 minute, 4 hour and daily timeframes are all in agreement with a red closed candle.

5 In this image you will see that the Metatrader 4 platform is on the 4 hour timeframe. You can verify this by looking at the multiple timeframe indicator (bottom) on the last row and the timeframe button on Metatrader 4. Since MTF 2 confirm = 1 the robot is looking for two timeframes above the trading timeframe e.g. 4 hour timeframe to have a red closed candle. In this image you see that it does and the robot now continues to look at MTF 3 (next image).

6 In this image you will see that the Metatrader 4 platform is on the daily timeframe. You can verify this by looking at the multiple timeframe indicator (bottom) on the last row and the timeframe button on Metatrader 4. Since MTF 3 confirm = 1 the robot is looking at three timeframes above the trading timeframe e.g. daily timeframe to have a red closed candle. In this image you see that it does and the robot can now take the trade since all necessary timeframes are in alignment.

7 Again, you'll notice the platform is on the 30 minute timeframe which can be verified by the timeframe button on Metatrader 4 and the multiple timeframe indicator (bottom) bottom row. On this screenshot you will see that the robot will exit the GBP/USD trade when the 30 minute (trade timeframe) and the exit MTF 1 (1 hour) are in agreement. In this instance the robot is looking for an opposite color closed candle (blue) to exit the trade In this image you see that it does and the robot now continues to look at MTF 1 (next image).

8 Again, you'll notice the platform is on the 1 hour timeframe which can be verified by the timeframe button on Metatrader 4 and the multiple timeframe indicator (bottom) bottom row. On this screenshot you will see where the robot exits the GBP/USD trade. In this instance the robot is looking for an opposite color closed candle (blue) to exit the trade. As you can see from the above image the exit MTF 1 = 1 (on). Therefore, the only active timeframes the robot is looking at to close this trade is the 30 minute and 1 hour trading timeframes. The closing price of this trade was which resulted in a profit of 120 pips.