EA based on Keltner band

Job finished

Execution time 6 days

Specification

EA based on some of the settings of the Keltner channel indicator you provided for me fast and slow period plus the congestion zone. I am not going to use the upper and lower band. Can you add the indicator too


Generate orders for both directions when meets criteria with qty of 0.10


Long orders apply to all time frames with the option to change settings, turn off both long and short order function.

If it's going to be expensive to have it on all time frames, then I will go with a one-time frame for now.



Open a long position if it meets the following:

  • A signal to go long 
  • price has to cross above the middle of the fast period channel 


Close all long position if it reaches the following

  •  Price has fallen below the middle of the fast period channel
  • Price has dropped below the middle of the slow period channel
  • A short position has been triggered
  • Price has fallen below the top of the fast period channel
  • Price has fallen below the top of the neutral zone which is the congestion band
  • close all position 10 minutes before the close of the day's session (Dow Jones, Nasdaq, S&P 500, German Dax, ASX 200)


Open a short position if it meets the following.

  • A signal to go short
  • Price has fallen below the middle of the slow period channel
  • Price has fallen below the bottom of the fast period channel
  • Price has fallen below the bottom of the neutral zone which is the congestion band
  • Price has fallen below the 

Disregard the first short signal if there is a gap in the opening price of trades


Close all short position if it meets the following.

  • Price has risen from its short position price and closed above the top of the neutral zone congestion band.
  • Price has risen from its short position price and closed above the top of the slow period channel.
  • Price has bounced from the bottom of the neutral zone congestion band and crossed the top of the band

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