The Tline

Trading robot

The rules of engagement

8 exponential moving average Which I call the (Tline)

I’m going to use this expert advisor on ASX 200, WS 30, US 500 And gold

I also would like to tried on currency so make it available for all markets.

Enter a buy On a green candle when the bottom of the candle is not touching the moving average ( Tline ). That’s the body of the candle only the wick can be touching the moving average.

Exiting the trade when the candle has closed under the moving average a full body cannot be touching the moving average but the Wick can be Touching. As long as the body of the candle has closed under the Tline trade must be sold. Sell trade is then entered.

Once again it’s the reverse for a sell signal candle must be closed under the tline

wick can be touching the Tline but the body of the candle must be below.

Keep writing the trend until a new candle breaks to Tline and the body closes above the tline once again the wick can be touching the tline but the body of the candle must close above or blow Tline  candle cannot be touching the tline.

If we have a sell signal on And it breaks the tline And the next candle is a green candle we stay in the sell trade If the next candle is the same candle and it finishes below the tline that’s when we exit  the trade. Please see temple below.

The only time you sell or buy the trade Different than above is of the candle breaks the Tline more than 80 points other direction you’re in that trade. See example.

Please find the attached examples below.