Specification
HI, am looking for an EA with these parameters
slow MA- 21 Smoothed
fast MA- 89 Exponential
when 21 crosses 89 to the downside, we are in for a downtrend. wait for pullback to the 21 ma, bull candle open and close above 21 smoothed, and then await price to rally back down and close below the newly formed low and we sell.
when 21 crosses 89 to the upside, we are in for uptrend. we wait for pullback to the 21 smoothed, and bear candle's open and close are below 21 smoothed for a potential trade to be valid. We wait for price to rally back up and close above the swing high and we buy.
exit positions
- when in downtrend, ea exits when bull candle open and close are above 21 smoothed, open position on next candle open
- when in uptrend, ea exits trade when bear candle open and close below 21 smoothed, open position on next candle open
for trend continuation
- when in uptrend, bull candle open and close should all be above 21 smoothed. open position on next candle open
- when in downtrend, bear candle open and close above 21 smoothed, open position on next candle open
That is it. lot size should be adjustable
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Published: 6 codes
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