indicators used
-----------------
1. supertrend indicator
(settings 10-3)
2. Auto Sessions v 1.8
-----------------------------------------
Buy rule :
-----------
Wait for 8 AM -12 NOON(BROKER TIME)
(5 CANDLES each 1 HR TIME FRAME)
Mark Candle high of 5 bars
Mark Candle low of 5 bars
If candle high breaks check
supertrend, it must be positive
to enter a buy position
or
wait for supertrend to change as
positive and enter a buy position
keep positions till stoploss
hit
or
target hit
or
supertrend reversal
or
broker time 21:00
which one comes earlier, will be exit
point for the buy positions
========================================
Sell Rule :
===========
Wait for 8 AM -12 NOON(BROKER TIME)
(5 CANDLES each 1 HR TIME FRAME)
If candle low breaks check
supertrend, it must be negative
to enter sell
or
wait for supertrend to change
negative
keep positions till stoploss
hit
or
target hit
or
supertrend reversal
or
broker time 21:00
which one comes earlier, will be exit
point for the sell positions
=========================================
input values in expert advisor as follows :
-------------------------------------------
enter input qty :0.10 lot
enter sl pip : 50 pip (it is by default ) stoploss concept explained already in notepad text file
enter target pip : 30 pip ( by default ) target method also explained in notepad text file
enter magic number : ( for placing same or difference currencies in various time frames)
enter comment line :
enable money management : true/false (if it is true, based on equity orders to be placed, if it is false take same input qty)
calculation start time : 08: 00 (broker time )
calculation end time : 12:00 (broker time )
trade start time : 13:00 (broker time )
trade end time : 21:00 (broker time ) ...*********** all open positions, whether hit profit/stoploss/pending orders if any, everything to be closed at 21:00
===============================================================================================
every new day , new trades will be available, no carry, all open positions started for trading
must be closed on same day
================================================================================================
every day maximum one buy and maximum one sell allowed.
if buy stoploss hit, then no re entry for buy
similarly
if sell stoploss hit, then no re entry in sell
maximum trades per day : 2
Ordini simili
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