Job finished
Execution time 1 day
Feedback from customer
Did a great job. My specifications on the movement of $ was not correct but he helped me sort it all out.
Feedback from employee
Patience enough to identify where his requirements are not rightly put Great Team work Thanks 😊
Specification
Need a bot and all source code must be included.
RULES ARE SIMPLE
RULES ARE SIMPLE
Indicator: EMA 200 SMA5 Offset 1
CANDLE TYPE
Bars
EXCHANGE
New York Session
SYMBOL
XAUUSD (default but you need to be able to change the symbol)
TIME OF TRADE
8:00AM
TIME FRAME
M15
TRADE DETAILS
TP: $5
SL: $5
Trailing Stop: $4.20 (0.20c increments)
IDEOLOGY OF TRADE
The concept is simple you are trading with the trend using the EMA 200.
LONG TRADE RULES
IDEAL TRADE SCENARIO
1. If the first M15 candle opens above the EMA and the trend is LONG and closes as a GREEN candle then a trade is put on on the next candle 8:15am. The trade continues until profit has been hit or the New York Session ends and then trade should be closed.
TRADE CLOSES ON A RED CANDLE
2. If the 8:00am LONG trade closes on a RED candle then you wait for two consecutive GREEN candles before you enter on the third candle regardless of what candle colour it ends up being.
SHORT TRADE RULES
IDEAL TRADE SCENARIO
1. If the first M15 candle below the EMA and the trend is SHORT and closes as a RED candle then a trade is put on on the next candle 8:15am. The trade continues until profit has been hit or the New York Session ends and then trade should be closed.
2. If the 8:00am SHORT trade closes on a GREEN candle then you wait for two consecutive RED candles before you enter on the third candle regardless of what candle colour it ends up being.
DO I GET OUT OF THE TRADE IN ANY SCENARIO
Yes, if the after the first candles and the trade is going the wrong way and come back down on a LONG or goes back up on a SHORT and hits the EMA then you close the trade. Now you can watch it play out and resume the rules if you want to do a re-entry.
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