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Hi,
i want to be a buyer in support area but only if price does not penetrate lower range of the support. Instead of putting a stop at lower range, would use breakout and hopefully will be able to load bigger postion for the same risk.
I dont want to miss the trade.
this is what i want from robot (buy scenario):
parameters
upper price - UP
lower price - LP
time interval (bar duration) - TI
risk $ - R
buy/sell
max attempts
Robot would be only buying if parameter set to buy and low >LP and and price reached UP (from the point robot started).
trigger: buy above high of previous bar. Stop below low since starting robot. Include spread. Amount = R
max position 1R. Give up after max attempts(if stopped out)
I use MQ4.
Let me know and how much you charge. I want source code as well. If you know of better way to do this, happy to discuss & pay.
Kind regards, Franc
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