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Spezifikation
This is a simple Mean Reversion strategy with 2 trade modes. Based on an initial range (between StartTimeRange and EndTimeRange) it calculates rangeHigh and rangeLow. For Trading Mode 1 it sends a Buy (below range) and Sell (above range) Limit Order at StartTime with SL and TP. For Trading Mode 2 it checks for new Highs and Lows between another time intervall (after range) and sends Limit Orders with every new High/Low based on simple calculations. Fixed Lots, with Stop Loss and Take Profit.
At „ClosingTIme“ all pending orders are being cancelled and all open positions are being closed.
Needs to work for every intraday Time Period (1M, 5M, 15M etc.) and every underlying. Points and pips need to be normalized. Please provide script (full code). Communication in german also possible.
Please show rangeHigh and rangeLow in the Chart. Details see DOC attached.