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Its a Intraday and positional strategy.
Find the Trigger candle:
and no cross over happened at top.[Meaning no only cross over its clean trend].
2. Pick the 10th [Input parameter] candle as a trigger candle from origin of the Williams and ema cross over.
3. Even the Williams % R crossover happened at yesterday also fine.
Buy Condition:
Buy above the trigger candle + Buffer price [Input] and keep the stop loss below the candle and target is as in input.
If the Supertrend option is enabled, EA has to take the entry when supertrend is in BUY
Sell Condition:
Sell below the trigger candle - Buffer price [Input] and keep the stop loss above the candle and target is as in input.
If the Supertrend option is enabled, EA has to take the entry when supertrend is in SELL
4. If stop loss triggered, close the existing position and open the new trade at opposite side.
5. Its should go as a cycle, this should get end only when the day is over and for swing trading the system will close the trade when target hit..
Design:
1. Draw the zone on the trigger candle only for today if it is intraday.
2. Draw the entry line for both sell and buy.
3. Draw the supertrend indicator
4.Target will be drawn on for both BUY and Sell
5. Draw the willams%R + EMA in below of the chart
Note:- All drawing only at today for intraday
All drawing will continue until target hitted
Alerts:
1. Trigger candle formed
2 Buy/Sell triggered
3. Target hitted
Input prarameters:
Supertrend - True/False
Buffer points
Willams%R value
Ema
Candle length
Swing/Intraday
Start time for day
End time for day
Target
Symbol
Target closed
1. After target is hitted also, next entry also taken
Willams%R shows
