i am develop system using ASCtrend, BrainTrend and WPR so the name first is
"ABW v.1" i make little change at Braintrend so maybe Braintrend here is different
and i wish anyone interesting make it into EA
Time Frame 15 minute and meeting from indicators have strict goal like this:
Signal Buy = ASCtrend and Braintrend show together and WPR (55) MUST above -20 bar "CLOSE"
then EA make pending order for entry Buy Limit 15 point from High bar at signal
Signal Sell = vice versa and WPR (55) MUST below -80 bar "CLOSE"
then EA make pending order for entry Sell Limit 15 point from Low bar at signal
usually Stop Loss 25 point and like other EA have take profit using trailing stop maybe good for this
sometimes the enemy from this system is when valid Signal appear but make high or low more than 50 point from previous bar close so can we avoid EA make entry order from this situation?
or we can make optional for this like a "Swing Trade" sell entry for signal buy or buy for signal sell
i don't use any moving average for this because when signal come usually price action near EMA 200 above or below
adding time filter it's nice too
any suggest and helping i would much apreciate
sorry for my bad english
Gbp-Usd last minute