Tâche terminée
Spécifications
1. - Buy Trend: Price above EMA 25, 75, and 140 with a clear upward slope.
- Sell Trend: Price below EMA 25, 75, and 140 with a clear downward slope.
*Additional Conditions*
2. - RSI (75): Above level 50 for uptrend, below level 50 for downtrend.
3. - Stochastic (14, 3, 3): From below and now above level 20 for buy, from above and now below level 80 for sell.
Buy Signal
1. Price above EMA 25, 75, and 140 with upward slope.
2. RSI (75) above 50.
3. Stochastic below 20 (oversold) and turning upwards above level 20.
4. Confirmation candle forms after touching/pulling back from EMA 25, 75, or 140.
5. Enter long position.
6. if price retraced and closes below EMA 75 and bounces back to close above EMA 25, then open additional trade. And follow the same TP and SL regime
Sell Signal
1. Price below EMA 25, 75, and 140 with downward slope.
2. RSI (75) below 50.
3. Stochastic above 80 (overbought) and turning downwards below level 80.
4. Confirmation candle forms after touching/pulling back from EMA 25, 75, or 140.
5. Enter short position.
6. if price retraced and closes above EMA 75 and bounces back to close below EMA 25, then open additional trade. And follow the same TP and SL regime
Stop Loss (SL) and Take Profit (TP)
- SL: Above recent high for sell, below recent low for buy plus wick and little clearance for spread.
- TP: 1:5 risk-reward ratio based on distance between entry and initial SL.
Position Management
1. Close 50% of position at 2x risk-reward ratio and adjust SL to breakeven. Allow entry in input.
2. Close 30% of position at 3x risk-reward ratio and adjust SL to trailing. Allow entry in input
3. Close final position when price closes hit 5x or :
- Above EMA 140 for sell.
- Below EMA 140 for buy.
Options
1. Apply risk management for all open trades must not be more than x% of equity.
2. Allow timeframe selection in input