my name is noor
i live in the U.S.A
also im trying to figure out how it doesnt open trades before a 1m reversal. please help
indicators
55EMA yellow
34EMA blue
21EMA black
13EMA red
stochastic 6,2,2
entry stratgy
- if price is below wave, than only short trades are taken
- if price is above wave, than only long trades are taken
- wave must be in stack order, yellow on top, blue, black, red
- trades are not taken if red ema crosses black ema
- only one trade for every 10 minutes is taken when signal is shown
- for long trades stochastic moving averages must be below 20
- for short trades stochastic moving averages must be above 80
- trades are taken when price is OPENED within the wave and stochastic conditions are met
>>BUY
- price must be above wave
- stochastic moving averages are both below 20
>>SELL
-price must be below wave
-stochastic moving averages are both above 80
>>Exit on profit
-a 25 point trailing take profit is placed on the trade (can be changed in the settings)
>>Stop loss
-a stop loss is placed above the way, or 5pips above the wave (can be modified in the setting menu)
>>Settings
-a list of box of when trades to be taken place, for example
{}1am-2am
{}2am-3am
{}3am-4am
so on and so forth till u hit 24
this is because have noticed that some breakouts happen within different times. Like for EURUSD they happen during the London session and New York session. between 2am-4am and 8am-12pm
-number of trade placement during a given time. like for example, 1 trade can be placed for every 10 minutes. or 2 trades for every 10 minutes. or 1 trade for every 15 or 20 minutes.