Specification
1. The Vision: Simple Price Action Trading. I am looking to to create a bot specifically for trading Forex on Meta Trader 5. Starting with market analyzation, I want this bot to be able to read from the Weekly time frame all the way down to the 15 minute time frame on meta trader 5/trading view. The focus is trading based off of the highs & lows of the market starting from the Weekly time frame down to the 5 minute time frame. I would like to be able to trade the bot strictly off the weekly time frame if that’s what I desire to do. I would like to be able to do so for each time frame all the way down to the 15 minute time frame if I choose to. 2. Risk Management: I as the trader would predetermine my risk before turning on the bot. So with that fixed lot size that I as the trader choose to enter, the bot will trade that lot size continuously until I as the trader manually turn off auto trading with the bot, with the proper setups from Weekly Time frame all the way down to 15 minute time frame. (Any of those time frames of my choice). 3. I would like this bot to always follow the trend of any Pair that I am trading. (Price Action Trading) Also, upon entry of any single forex pair I would like the stop loss to be no more than 100 pips on any single one trade including indices. 4. I would like this not to also include the “EMA” with the length being “8”. 5. I would Like this bot to only trade in New York session & London session. (Eastern Time). I hope this vision can be fulfilled like I envisioned. & you’re help will be greatly appreciated. Thank you, James Kabba.
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