Coders Please Code An Ea For This Simple Strategy!!
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Indicators:
1. Bollinger band- default settings
2. Moving Average.
Parameters:
period = 5 ; shift = 0
MA method : exponential
Apply to : Close.
3. Parabolic SAR - default settings.
Buy condn.:
when 5EMA cuts middle bollinger below price(candlestick), parabolic SAR
also below the price, enter buy order in the opening of the next candle.
Close order when parabloic SAR changes its position from bottom to top of the price.
Sell condn.:
when 5EMA cuts middle bollinger above price(candlestick), parabolic SAR
also above the price, enter sell order in the opening of the next candle.
Close order when parabloic SAR changes its position from top to bottom of the price(candle stick).
stop loss: 15 pips.
time frame: 5min.
currency pair: should trade all pairs.
trade lot size : should be adjustable.