Strategy request

[redknight]

BOUNCING PRICE
Scalping strategy

Dear sir

Can you make this strategy for any time frame

BUY CONDITION:

If 12 EMA (Magenta) > 30 EMA (Magenta) > 40 EMA (White) > 50 EMA (Magenta) = up trend
open long position when price touch 12 EMA if price touch 30 EMA open another long position
and if price touch the 50 EMA open a third buy

TARGET PROFIT:

If the summation of all open trades equals 20 or x number, the trader decides the amount of pips, close all positions.


STOP LOSS CONDITION:

When 12 EMA or 30 EMA touch 40 EMA close all positions


SELL CONDITION:

If 50 EMA (Magenta) > 40 EMA (White) >30 EMA (Magenta) >12 EMA (Magenta) = downtrend If price hit 12 exponential moving average sell and then if price hit 30 EMA sell and if the price hit 50 EMA sell again.

Note:if the price hit twice 12 EMA, 30EMA or 50EMA allow ONLY one sell or buy per hit until all positions has been closed


Red Knight
Ivan gomez

[Apprentice]

Your request is added to the development list.

[redknight]

Thank you

[redknight]

Hi, I would like to know if is possible to get this strategy developed. It would help many people to make lots of pips. I understand that the people who work in the developing department have many requests but I really appreciate if you can help me with mine.


Sincerely: Ivan Gomez

[Alexander.Gettinger]

Please try this strategy:

EMA_Strategy.lua

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