All orders
Rules
Specification
Hi I would like to build the next bot:
Operating Hours:
(Need to be able to configure at least 3 sessions)
Operating Schedule 1: 01:00 – 5:00
Operating Schedule 2: 07:00 – 15:00
Operating Schedule 3: 17:00 – 21:00
Chart:
5m
Indicators:
Weighted Moving Average 200 periods (Configuration of moving average type required)
Donchian Channel 20 periods (Must be modifiable)
Profit/Risk Management:
SL = 3000 points
TP = 9000 points
BE (Activate/Deactivate) = 20 points when the price exceeds 200 points
Trend Filter:
Price must be above/below the LWMA 200 periods
Entry Method:
1. The moving average will act as a trend filter; only buy/sell trades will open when the price is above/below.
2. Entry can occur even with a forming candle (option to choose complete or forming candle required).
3. For the first entry, the price must break the Donchian channel in the direction of the identified trend.
4. For subsequent entries, the price must have touched/broken the opposite Donchian channel line of the trend before opening a new trade in the direction of the trend.
5. If the price breaks the opposite trend line and subsequently crosses the moving average, it will be considered a trend change, and a trade should be opened in the direction of the new trend at the moving average crossover point.
Exit Method:
Close the trade when:
1) The SL/TP is reached by the price.
2) The price breaks the opposite line of the Donchian channel to the direction of the open trade.
Other Bot Requirements:
1. Must allow selecting exclusive opening of buy, sell, or both types of trades.
2. Break Even usage should be activatable or deactivable.
3. Should allowme to choose the type of moving average, the period and the shift
4. The bot should have a system for counting winning and losing trades to automatically stop trading for the entire day if it has more than X consecutive losing trades/points or achieves X number of winning trades/points.
