by stazitoforex » Sat Mar 26, 2016 6:36 pm
Hi Apprentice,
No distance for time or price. Just bar close above or below the EMA. Below is more specifically what I am looking for. Thanks in advance:
If bar close is above the user defined EMA:
- Buy orders only allowed based on SAR buy signal (No Sells allowed, all Sell signals ignored)
- After initial Buy order executed, No new entries made if there are open positions so long as the candle closes remain above the EMA
- New entries on new Buy signal should be made only if there are no open positions
- Once bar closes below the EMA AND a Sell signal is generated, close long positions and open short position
If bar close is below the user defined EMA:
- Sell orders only allowed based on SAR sell signal (No Buys allowed, all Buy signals ignored)
- After initial Sell order executed, No new entries made if there are open positions so long as the candle closes remain below the EMA
- New entries on a new Sell should be made only if there are no open positions
- Once bar closes above the EMA AND a Buy signal is generated, close short positions and open long position
Stop and Limit allowed (trailing possible)
Sound and Display message on Buy and Sell signals possible
Thanks again.