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I want to make a robot for automated trading that applies this strategy with the notes attached in the file sent to you.
The strategy depends on four factors: Support levels - Resistance levels - Positive divergence on the RSI and MACD indicators.
The idea of the strategy to be converted into an expert to: Using the theory of exchanging roles between supports and resistances, we will sell at support and buy at resistance automatically, with defining profit-taking and profit-taking points. But this must be done under the following conditions:
1) That the supports and resistances be on a 1 hour frame + a 4 hour frame
2) That there is a positive divergence on a 5-minute frame (only) either through an indicator RSI or MACD
# Important notes about support and resistance:
1) The level of support or resistance must be on the hourly or fourhour time frame .
2) The level must be its first touch on the day, meaning that if it was touched previously and achieved its goal, the level is canceled and in the second visit, the expert does not enter the deal
# Important notes on the Rsi indicator
1) There must be a positive divergence at the overbought levels, which range between 65 and 100 and at the same time the price is touching a support level Also, there is a positive divergence at the oversold levels, which range from 30 to 0, and at the same time the price touches a resistance level.
# In the event that there is a divergence at the level of 40, for example, the condition is not met and the expert does not enter the deal.
# Important notes about profit taking and stop loss As for the stop loss, I want to be present in the indicator settings the number of points to be placed as a stop loss The same applies to taking profit, but if we say, for example, that the price fell from a support level and then touched another resistance or support level after it, the expert advisor will take profit automatically, preferably before the price reaches this level by 3 points, for example Notes about the shape of the Indicator :
1) I want there to be an ON, OFF button to control whether or not the EA is opened on each pair
2) I want there to be a place to put the lot to be chosen for each currency, because it will differ in oil, gold, and currencies
3) I want there to be a button to set the number of pips to stop loss and take profit .
Finally Notes :
1 ) If the price reverses more than half of the loss points, the expert advisor will take profit if the price reaches the entry area ( This command is available to control its activation or not.. for example we call it )Safe exit)
2 ) This is the most important note written Sometimes there is an old support on 4 hours or an hour and then it turns into resistance The expert advisor must read its last state, which is that it is resistance and not support... The lesson in the end... The lesson in the end... The lesson in the end.
The idea of the strategy to be converted into an expert to: Using the theory of exchanging roles between supports and resistances, we will sell at support and buy at resistance automatically, with defining profit-taking and profit-taking points. But this must be done under the following conditions:
1) That the supports and resistances be on a 1 hour frame + a 4 hour frame
2) That there is a positive divergence on a 5-minute frame (only) either through an indicator RSI or MACD
# Important notes about support and resistance:
1) The level of support or resistance must be on the hourly or fourhour time frame .
2) The level must be its first touch on the day, meaning that if it was touched previously and achieved its goal, the level is canceled and in the second visit, the expert does not enter the deal
# Important notes on the Rsi indicator
1) There must be a positive divergence at the overbought levels, which range between 65 and 100 and at the same time the price is touching a support level Also, there is a positive divergence at the oversold levels, which range from 30 to 0, and at the same time the price touches a resistance level.
# In the event that there is a divergence at the level of 40, for example, the condition is not met and the expert does not enter the deal.
# Important notes about profit taking and stop loss As for the stop loss, I want to be present in the indicator settings the number of points to be placed as a stop loss The same applies to taking profit, but if we say, for example, that the price fell from a support level and then touched another resistance or support level after it, the expert advisor will take profit automatically, preferably before the price reaches this level by 3 points, for example Notes about the shape of the Indicator :
1) I want there to be an ON, OFF button to control whether or not the EA is opened on each pair
2) I want there to be a place to put the lot to be chosen for each currency, because it will differ in oil, gold, and currencies
3) I want there to be a button to set the number of pips to stop loss and take profit .
Finally Notes :
1 ) If the price reverses more than half of the loss points, the expert advisor will take profit if the price reaches the entry area ( This command is available to control its activation or not.. for example we call it )Safe exit)
2 ) This is the most important note written Sometimes there is an old support on 4 hours or an hour and then it turns into resistance The expert advisor must read its last state, which is that it is resistance and not support... The lesson in the end... The lesson in the end... The lesson in the end.
All details are attached to some pictures added to illustrate the strategy
응답함
1
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289
35%
중재
18
22%
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61%
기한 초과
43
15%
무료
2
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43%
중재
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32%
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29%
기한 초과
83
25%
무료
3
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6
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5
0%
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80%
기한 초과
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244
74%
중재
7
100%
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0%
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1
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46
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