Indicators - Ichimoku, RSI, MACD, DeMarker. Use default values for all indicators.
To make the explanation simpler for Ichimoku:
Tenkan-sen = red
Kijun-sen = blue
Senkou-span A (Up Sumo) = brown
Senkou-span B (Down Kumo) = thistle
Chikou span is not needed.
For the first signal, there is the Previous candle and Signal candle.
Sell signal 1 : Red crosses and goes above blue from below at the close of a candle (The signal candle). Thistle above brown. Red and blue below brown. Red, blue, brown and thistle above the market before and after the crossing (i.e on the signal candle and the previous candle). Open trade on the next candle.
Buy signal 1: Blue crosses and goes above red from below at the close of a candle (The signal candle). Brown above thistle. Red and blue above brown. Red, blue, brown and thistle below the market before and after the crossing (i.e on the signal candle and the previous candle). Open trade on the next candle.
For the second signal, there are two signal candles (one is for confirmation)
Sell Signal 2: Red becomes level (same value) with blue from below at the close of a candle (The first signal candle). Check the close of the next candle (The second signal candle) to see if the value for red and blue remains the same (equal and same as the first signal candle), so it should be a straight horizontal line ideally. Thistle above brown, and they are both above the market in the second signal candle. For the second signal candle: RSI within a given range. MACD within a given range. DeMarker within a given range. Open trade on the next candle.
Buy Signal 2: Blue becomes level (same value) with red from below at the close of a candle (The first signal candle). Check the close of the next candle (The second signal candle) to see if the value for red and blue remains the same (equal and same as the first signal candle), so it should be a straight horizontal line ideally. Brown above thistle and they are both below the market in the second signal candle. For the second signal candle: RSI within a given range. MACD within a given range. DeMarker within a given range. Open trade on the next candle.
NB - the market should not be within the Senkou cloud at any point.
Inputs:
Lot size - int/float
SL - int, number of pips, ignore the input if set to 0
Tp - int, number of pips, ignore the input if set to 0
Clock for buy - int, countdown in minutes to close trade. If set to 10, close trade after 10mins if sl or tp is not hit, ignore the input if set to 0
Clock for sell - int, countdown in minutes to close trade. If set to 10, close trade after 10mins if sl or tp is not hit, ignore the input if set to 0
Trade type - dropdown options - buy,sell or both.
Buy signal - dropdown options - signal 1, signal 2, or both
Sell signal - dropdown options - signal 1, signal 2, or both
RSI upper range - int, signal valid if RSI < the given value, ignore the input if set to 0
RSI lower range - int, signal valid if RSI > the given value, ignore the input if set to 0
MACD upper range - int, signal valid if MACD < the given value, ignore the input if set to 0
MACD lower range - int, signal valid if MACD > the given value, ignore the input if set to 0
DeMarker upper range - int, signal valid if DeM < the given value, ignore the input if set to 0
DeMarker lower range - int, signal valid if DeM > the given value, ignore the input if set to 0
For the indicators with range, there are times when I would need just an upper range, so value < 90 for example. In that case, only the upper range would be set, and lower range would be left as 0 indicating it should not be used. Any questions, feel free to ask. I believe it is very straightforward.
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