keltner channel - replace bollinger bands
bot waits for price to break out of keltner band
bot trades in direction of trend, so the breakout needs to be in the direction of trend based on the position of the fast and slow ma. Fast ma must
be outside of keltner band for first entry.
after a trade is closed wait for the opposite ma cross to happen before looking for next trade.
this does not mean a sell must follow a buy or a buy must follow a sell.
Just means after a buy trade is closed, wait for the fast ma to cross down under the slow ma.
then begin looking for the next setup, buy or sell.
or after a sell is closed, wait for fast ma to cross up over the slow ma, then take the next trade that fits the conditions...
buy or sell.
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total stop loss - when price is x pips negative total on any amount of open trades for a pair, close the trade.
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pullback stop loss - on the first entry only
sell - if price closes above the slow ma for x candles in a row (needs a periods setting), close the trade at the first pullback within x pips of
either the fast ma or the slow ma. (pullback settings are in the bot)
buy, if price closes below the slow ma for two candles in a row, get out.
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add 3 steps to manual step trailing stop... and designate the first "move sl" to be a negative setting. For example, currently if i set total
profit 1 to 100 and move sl 1 to 20... at 100 pips profit it will move sl to 20 pips profit.
I want that to mean at 100 pips profit move sl to -20. Only on the first step of the manual steps. The rest should work normally.
4 edits - $10 each for $40 total.
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delete all D1 related settings
delete trailing stop settings (keep manual step)
keep all h4 settings.
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all will be xplained clearly in a video to go along with these texts.
the trigger and trading of the bot is already in place, its based on a pullback to the fast ma.
All i need is for the keltner to be used as a filter.
after applying i will provide a video link as well as an mq4 file of the ea.
I will then ask for you to demonstrate the keltner filter added onto the trade.
If you can show that, i will approve job and wait for you to finish the stop loss functions to finish job.