Hi, there is a strategy I have been using to trade Boom and Crash and it is not so bad. The problem is it needs me to be on the charts all the time to catch the trades. I need someone to help me design and implement an EA that scalps Boom 1000 and Crash 1000 Indexes on the M1 time-frame. The EA will be based on the Awesome oscillator color change...
For Boom 1000 it will open sell orders only when the awesome oscillator bar turns red after consecutive green bars whether positive or negative. For Crash 1000 it will open buy orders only when the awesome oscillator bar turns green after consecutive red bars whether positive or negative.
I want to be able to input SL and TP in pips and monetary value. I also want to be able to set the lotsize or have it increase automatically based on account size.
I'm not sure if something like this already exists or not or if it is going to work. I am also open for suggestions to improve the algorithm.