So, the strategy idea is really, really simple.. here is why:
The two indicators that we need in there is :
1. EMA 20/50(to see what trend we have on the market, if EMA 50 is higher than EMA 20 its only SELLS POSITIONS, if EMA 50 is lower than EMA 20 only BUYS POSITIONS.
2. Fractals(as a potential support/resistance levels).
Strategy i want to use on 5 major currency pairs, as follows : GBPUSD, EURUSD, GBPJPY, EURJPY, USDJPY. They are usually most trending ones, more volatile as well and the main edge in
this strategy is that when the BIG DAYS will come, it should make really a lot of money.
Interval: H1
So now i will explain there all strategy and how I want this to be working in the future.
Everyday, at 8:00 CET TIME I want to have 10 orders(SELL STOP + SELL LIMIT or BUY STOP + BUY LIMIT) on 5 major pairs that I wrote before. How to put the orders?
1. Just see, how is EMA 20/50 looking on interval H1(if EMA 50 is higher than EMA 20 only SELLS, if EMA 20 is lower than EMA 20 only BUYS). That's first rule: determine market trend.
2. Then, if lets say trend is SELLS, I want program to put two orders, SELL STOP and SELL LIMIT on FRACTALS that are away more than 20 PIPS from the price from 7:59 CET TIME. Orders have to be put in the market at 8:00 CET TIME. Stop loss should be around 15-30 PIPS maximum, beyond the most common FRACTALS.
3. Breakeven to be set after 40 PIPS on everypair.
4. Positions and orders to be closed at 5:00PM CET TIME.
Will put down there some photos for you to understand my conception better and make it easier. :)
If u have any question, feel free to ask cause our cooperation is really important at this stage. Thank you so much. Appreciate all your help.
Similar orders
Hello, I am an independent developer selling an Expert Advisor (EA) on the MQL5 Market. I am looking for an experienced Forex affiliate marketing company or professional marketer to promote my existing MT5 trading robot to customers worldwide. My proposed partnership offers a 35% commission per verified sale, with the possibility of a long-term collaboration. I would like to know: Do you promote third-party MT5
I am looking for a skilled MQL5 developer to create a robust, institutional-grade Expert Advisor for MT5, optimized for Gold (XAUUSD). The EA must comply strictly with prop firm rules. Key Requirements: Asset: XAUUSD (Gold) on MT5 Risk Management: Strict Stop-Loss & Take-Profit on every order. Absolute daily max loss, overall max drawdown guard, and percentage risk per trade. No High Risk: NO Martingale, Grid, or
Platform: MT5 only (no MT4 needed). Deliverable: an MT5 Expert Advisor with full source code (.mq5) that replicates the attached TradingView strategy (Pine Script v6, based on LuxAlgo's "ICT Killzones Toolkit" order blocks) as exactly as possible. Pasting the code into TradingView shows how it operates. I normally trade GBPUSD on the 5-minute chart Expected behavior: - Order block detection must match the Pine code
I have three indicators that operate independently. I want to combine them into one indicator with custom expert programming that automatically enters trades when a signal is generated by one of the indicators. I will pay for this service Thanks you
Hello, I am looking for a developer. I have a robust strategy based on Fibonacci, which I call "Goldn Zon." I tested it myself throughout the month of September, and now I would like to have a bot implement it so that it can trade continuously
GOLD SCALPING BOT STRATEGY Symbol: XAUUSD (Gold vs USD) Broker: Exness Account: Standard Starting Balance: $20 1. TIMEFRAME - Trend analysis: M15. - Entry timeframe: M5. - Trade only when the market has a clear direction. 2. INDICATORS - EMA 50 - EMA 200 - RSI 14 - Support and Resistance 3. BUY RULES The bot must open a BUY trade only when all these conditions are met: 1. EMA 50 is above EMA 200 on M15. 2. Price is
Request for an Existing Automated Trading System (Expert Advisor) I am looking to acquire an existing, fully functional Expert Advisor (EA) that trades Forex CFDs, with the option of trading other CFDs if the strategy supports them safely. Performance objectives Target average net monthly return: 1.5%. A consistent 1.0% monthly return may be considered if the system demonstrates strong risk control and credible