Dear Apprentice,
I received an email saying there was reply for my earlier post - but I cannot see anything. Anyway, I will describe my strategy below. Please let me know if this can be programmed:
Short Time Frame: 15 Minutes
Long Time Frame: 4 Hour
Indicators: GMMACD COLOR (H4, Close, 9) my 4hr candles close at 1, 5, 9, 13, 17 and 21 (UTC-4.00)
Long Entry:
1) GMMACD Changes from -ve to +ve AND Signal Line < GMMACD (see picture 1 below)
2) GMMACD Crosses Signal Line from Below (see picture 2 below)
Short Entry:
1) GMMACD Changes from +ve to -ve AND Signal Line > GMMACD (see picture 3 below)
2) GMMACD Crosses Signal Line from Below (on the Short Side) (see picture 4 below)
Long Exit:
1) GMMACD Changes from +ve to -ve (no picture - opposite of Short Exit No. 1)
2) Signal Line Crosses GMMACD from Below (see picture 6 below)
Short Exit:
1) GMMACD Changes from -ve to +ve (see picture 7 below)
2) Signal Line Crosses GMMACD from Below (on the Short Side) (see picture 8 below)
Position Size:
1) For Long Entry No. 1 and Short Entry No. 1 - 2% of Equity
2) For Long Entry No. 2 and Short Entry No. 2 - 5% of Equity; SL; 30 pips; TP: 90 pips
Pictures:
- Picture 1
- Picture 2
- Picture 3
- Picture 4
- Picture 6
- Picture 7
- Picture 8