Entry Indicators
Indicator : (Bollinger Band)
Band Period= 5
Band Shift = 10
Band Deviation = 1
Apply to: Median Price (HL/2)
Exit Indicators
Determine by you the programmer, but as shown in the picture below
Conditions
Buy Entry
1.
Open buy trade when the price line crosses above the Upper
Bollinger band as seen in the attached diagram for points A, G, I
2.
Open buy can only be implemented for condition 1 above can only when
there is an upward trend.
3.
Trend determiner to be provided by you the programmer.
4.
Trade can only take place between 05:00 – 19:00
Buy Stop
1.
Stop the buy position when the price line reaches the peak point
before turning point as seen in the attached diagram for points B, H, J
2.
You the programmer will provide what will show when the Buy has
reached it highest point
Sell Entry
1.
Open Sell trade when the price line crosses below the Lower
Bollinger band as seen in the attached diagram for points C and E.
2.
Open Sell can only be implemented for condition 1 above can only
when there is an downward trend.
3.
Trend determiner to be provided by you the programmer.
4.
Trade can only take place between 05:00 – 19:00
Sell Stop
1.
Stop the Sell position when the price line reaches the lowest
point before turning point as seen in the attached diagram for points D and F.
2.
You the programmer will provide what will show when the sell has
reached it lowest point
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