To create an expert advisor that can execute a trade based on the following criteria:
-buy if m15 candle closes above the 16 EMA
at 50% retracement of impulse leg if the leg is no more than 10 pips over the H4 ATR
and if the 16 EMA and 96 EMA are both over the 480 EMA
and if the 96 and 480 are a 2*H1 ATR apart.
-sell if m15 candle closes below the 16 EMA
at 50% retracement of impulse leg if the leg is no more than 10 pips over the H4 ATR
and if the 16 EMA and 96 EMA are both under the 480 EMA
and if the 96 and 480 are a 2*H1 ATR apart.
-SL is the recent low or high of impulse leg; TP1 is 2*H1 ATR and TP2 is 4*H1 ATR.
-Trading hours are London and New York sessions.
In the attached picture the green EMA is the 16; the blue EMA is the 96; the purple EMA is the 480.
Responded
Arbitration
113
45%
/
26%
Arbitration
301
59%
/
25%
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