Pullback MA

[susan61]

Hi Apprentice,
Can you create a strategy as per rules below
Price to have a move creating new zigzag
Price to retrace x=% amount of last zigzag printed
Price to create a double top/bottom (trigger candle must close within last printed zigzag)
Price to close biased MA (below for short and above for long)
Volume Price change to be biased trade direction (below the signal line for short and above signal for long)
Exit indicator use Volume Price change
Short trade will close when the Volume price change crosses above signal line
Long trade will close when the Volume price change crosses below signal line
Thanks in Advance
Susan

[Apprentice]

Can you provide some charts with a notation for our development team?

[susan61]

Hi Apprentice & Team,
Price to have a retracing move creating new zigzag x=% amount required on last printed zigzag
Price to create a double top/bottom for Reversals (trigger candle must close within last printed zigzag) with outside bar to close biased of MA (linear weighted ma) & VPC biased to trade direction
Trend continuation just need outside bar close biased MA & VPC biased to trade direction
Price to close biased MA (below for short and above for long)
Volume Price change to be biased trade direction (below the signal line for short and above signal for long)
Exit indicator use Volume Price change (To have end of turn option)
Short trade will close when the volume price change crosses above signal line
Long trade will close when the volume price change crosses below signal line
Stop Loss x=amount of pips above previous printed zigzag high for short and x=amount of pips below previous printed zigzag low for long
Double tops use previous high on bid price and price needs to close below on ask price
Double bottoms use previous low on ask price needs to close above on bid price


In screenshot if price failed to break & close previous zigzag structure and conditions with outside bar and VPC biased to direction then reversal alert to be given for sell
Hope this helps
Thanks in advance
Susan

[Apprentice]

Your request is added to the development list.
Development reference 854.

[susan61]

Hi Apprentice
have you been able to do this task?
Susan

[Apprentice]

Currently, we are overwhelmed by the various task.
Also, our team has a hard time understanding your description.

[susan61]

Apprentice
Chart to print a zigzag (pullback)
Required % achieved (x=% taken from the last completed printed zigzag)
Create outside bar at the x=% pullback
Price to close biased to trade on MA (above for long below for short)
enter on close of outside bar
Susan

[susan61]

Hi Apprentice
Will this topic be able to go on the development list it was on there you asked for more details for the conditions required as per my last post
would appreciate if you guys can help
Susan

[Apprentice]

It doesn't trade under these conditions.

Pullback MA.lua

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