Specification
Strategy
Diamond set up
when Ma5/10, Ema50 are parallel to Mid BB, it shouldn’t be far from Mid BB
There should be 3 candel sticks to re-retest/reject Ema50 and enter on the forth one. Sometimes you get less candel sticks retesting/rejecting
You Tp when the market reach previous Low/High
SL 10 pips away
For Buy, Ema50 should be below Mid BB
For Sell, Ema50 should be above Mid BB
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EA source code required at job completion.
Standard money management.
Must work on Ecn Accounts.
Back testable, Work on any time frame.
High quality Code
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Indicators
Used Settings
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Period 5
MA Method; Linear Weighted
Apply to; High
Color; Red
Period 5
MA Method; Linear weighted
Apply to; Low
Color: Magenta
Period 10
MA Method; Linear weighted
Apply to; High
Color; Gold
Period 10
MA method; Linear weighted
Apply to; Low
Color; White or black- depends on your background screen
Period 50
MA method; Exponential
Apply to; Close
Color; Aqua
Bollinger Band Settings:
Period = 20
Shift = 0
Deviations = 2
Apply to = Close
Color; Dark Blue
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