Hello,
I would like a strategy with the following indicators and rules
BB Set at 12 MVA and 2 Standard Deviation
MACD set standard 26,12, 9
LONG
Entry
MACD above signal line and above zero line
ENter long trade when price touches upper BB
Exit
Stop loss set at entry price minus 10% of 7 Day average Daily range
Profit target set at entry price plus 15% of 7 Day average daily range
Exit trade if MACD is below signal line at close of candle and before reaching profit target
SHORT
Entry
MACD below signal line and below zero line
ENter short trade when price touches lower BB
Exit
Stop loss set at entry price plus 10% of 7 Day average Daily range
Profit target set at entry price minus 15% of 7 Day average daily range
Exit trade if MACD is above signal line at close of candle and before reaching profit target
Intended for 5 min charts but can be used on any time frame (7day average daily range used to calculate stop and profit regardless of time frame used)
Thank You