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Ea required to open postions with tp and sl for the execution of a strategy.
There are 3 components. Each one needs to be able to be turned on or off seperately easily and quickly and it needs to be possible for all three to function at the same time or individually.
The 3 components are a reversion to mean strategy, a directional bias and a hard push in price strategy.
There is a common signal indicator for the reversion to mean and the directional bias parts. The directional bias part has another indicator for direction and takes the signal in that direction. The reversion to mean has another two indicators in it's part as well as the signal indicator. The signal is taken if a condition is met on one of the other indicators say indicator b and the signal is also taken if a condition is met on the other indicator say indicator c.
The hard push in price has just 1 signal indicator but requires the sl and tp be moved once the order has been placed as the sl is set behind the signal arrow which can move until the bar is closed so the tp has to move with the sl to keep the rr the same if the signal arrow moves.
There are a few details also, one which provides a filter for poor rr trades which require an option to take the trades or to filter them out in the settings. The sl and tp are fixed. It needs to work on range bar charts as that's what it's developed for. There needs to be an easy and quick way to turn off or on each individual part. The lot size is fixed in the settings.
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