Specification
EMA used on 15minute chart
Exponential Moving Average --EMA=8
Exponential Moving Average --EMA=50
1. Trend is determined based on the Exponential Moving Average ON THE 15MIN TIME FAME
If the current EMA value is greater than the previous one, the trend is seen as growing (ema_current > ema_previous). Alternatively, if current EMA is below the previous one, the trend is considered to be falling (ema_current< ema_previous).
2. The idea of the trading system is as follows: I want trades to be taken on the 5min CHART/TIMEFRAME
Trading Signals:
SELL FUNCTION
Once EMA=50 Cross over EMA=8 on 15min chart bot should only look for sell.
bot should wait for a break of pivot point on the 5min CHART and 5min candle should close below pivot point on 5min CHART before SELL trade is taken.
BUY FUNCTION
Once EMA=8 Cross over EMA=50 on 15min chart bot should only look for sell.
bot should wait for a break of pivot point on the 5min CHART and 5min candle should close ABOVE pivot point on 5min CHART before BUY trade is taken
Position management
CUSTOMIZE TAKE PROFIT AND STOP LOSS
CUSTOMIZE TRAILING STOP
CUSTMIZE TRADES PER DAY
CUSTOMIZE TRADING DAYS
CUSTOMIZE TRADING TIME/SESSION
Pivot Boss 4 EMA (8, 13, 34, 50)
RISK MANAGEMENT
I WANT TO BE ABLE TO SET RISK PERCETAGE/ CUSTOM RISK PERCENTAGE
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