Remember: this is an H1 trading system. Trading the lower time frames is a waste of time; trading the higher buggers up The Beast's calculations.
The Beast has two trading systems:
1. A retrace system based on an idea by MacMan.
It uses a “sixths-line” calculation to find optimum Entry and Exit points calculated from bar history for individual pairs.These calculations produce 5 horizontal lines which are automatically plotted on
your chart for you; these lines are then used by The Beast for Entries and Exits.The bar history is recalculated at every new bar - enough movement and you get new Entry and Exit points; any unfilled pending orders are moved in line with the new Sixths values.
2. A trend-following system that trades out of the box created around the middle white line.
Relevant User Inputs are in red; brief descriptions of important inputs are in blue.
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sixths by ChaserL.mq4
SIXTHS SCREEN VER 3.6_DC auto BarCount.mq4
The Beast With Hanover.mq4
Margin level hedge monitor EA
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