Read the name of the branch: the old terminal is prohibited! Only MQL5!
Hello I have a simple idea and I think it can be very effective
Use the bollinger band 20 period, 2 stdev to define entry and exit.
Also use 2 WMA(s) say 5 and 50 period.
When the price crosses the lower band and the WMAs are increasing then buy. Close the buy when the price crosses the upper band
When the price crosses the upper band and the WMA's are decreasing then sell. Close when the price crosses the lower band
Important! I have a code that does this on candle close and openings. This would be more effective if it happened on ticks which is closer to the actual event happening. Also, I am trading with S&P futures.
What is a "wma"?
Hello Vladimir, and everyone, I searched the forum but
no, I want to trade under ichimoku, the idea is very simple. There are 2 terms of purchase.
1: open positions when tekan exceeds kijun on kumo
and the closing price is larger than kijun (candles near> kijun). Close position when cross price kijun. sell when tekan cross kijun
under kumo and price <kijun. close position when cross price> kijun. stoploss on or below depending on buy or sell.
2: positions open to buy when breakout kumo and
chikou must be on kumo, close buy when kijun cross price, stoplos under kumo. Open the selling position when breaking down kumo and chikou
below kumo, closing the sale when the price cross kijun, stoploss on kumo. (sorry for my bad English) thank Vladimir and the others