All orders
Rules
Specification
Currency:- EURUSD
Time of entry:- 2023.09.28 13:40
Type of trade:- Long position
Confirmation for entry:- MACD crossing upwards
Time-frame used to see crossing:- M1 tf
Time-frame used to catch the divergence:- M5 tf
Time-frame used to enter the trade:- M1 tf
Indicators used to catch divergence:- default RSI and MACD of MT4 "but they are the same found on MT5"
RSI and MACD settings:- up to you to define and tweak for best results
Description:-
1- This is a trading robot which will trade wave 5 of 3 of the larger impulse waves A, C, 1, 3, 5.
2- It will also be used to trade wave 5 of larger wave A, C, 1, 3, 5
3- How to define wave 5 based on Elliot Waves is based on the wave theory and if more clarifying is needed please refer to the screenshots, i marked waves 1 to 5 and put the exact entry marked by vertical red line on time 2023.09.28 13:40
**Kindly look at the screenshots and ask me if you don't understand
4- Trading should be automatic on any time-frame "i will chose one or more time-frames from the settings to activate"
5- If "manual trading" was chosen, a sign will appear on the chart once the signal comes up "any sign of the developer choice that will alert the trader"
6- The code is based on elliot waves theory, any well-informed developer who has a better understanding of the theory and is welling to modify the idea please don't hesitate and bring what you have on the table for a better final result.
7- The developer should agree to give the code to me with the detailed strategy
8- The expert will be tested on several currencies and compared to my entries which can be provided manually to the developer upon request
Note:- the last screenshot is on the M1 tf