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Execution time 3 days
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We want to build a simple EA that will be used for testing various strategies using two custom indicators.
I have a word document available that will help as well.
Two custom indicators on a 4hr chart.
Indicators
1. HGI Available here
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=88&t=3964
2. Baluda's CSS available here
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?f=101&t=4888
Note: When a Super Slope Cross occurs, a trade can not be taken until the current 4hr bar is complete. The indi can get stuck in price action and it’s important that the bar complete to verify the cross has taken place.
The slope shows two lines. In the illustration above, the red and blue lines. The Blue represents EUR and Red represents USD. When the blue line crosses up, a long trade signal can be taken from HGI. Likewise, when the blue line crosses down, you can take HGI short trades.
The Setup / Play
Entries long and short are taken from the Large Green and Red arrows (Trend Arrows), and wavy lines.
We will use the chart below to show the entry and exit.
The play is simple. In the above example, the Super Slope crosses signals us to wait for a long signal from HGI.
A Blue Wavy appears shortly after the cross and long trade is entered. The exit would be on a yellow wavy or opposite Trend arrow.
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