Take new buy trades if on the weekly timeframe
1)Price is above MA 8 period
2)MA 8 Period is above MA 21 period
Take new sell trades if on the weekly timeframe
1)Price is below MA 8 period
2)MA 8 Period is below MA 21 period
Make the verified and proven rectangle filter optional. All rectangles are valid
NEW BUY TRADES
1) Rejection Buy Trades: Trade is taken when price gets ‘x’* close to the support rectangles.
2)Breakout Buy Trades: This on the other hand is taken when price breaks a resistance rectangle. It is taken ‘x’ points above the broken resistance rectangle.
NEW SELL TRADES
1) Rejection Sell Trades: Trade is taken when price gets ‘x’* close to the resistance rectangles.
2)Breakout Sell Trades: This on the other hand is taken when price breaks a support rectangle. It is taken ‘x’ points below the broken support rectangle.
* X is RectangleGap. This parameter already exits
Let me be able to disable and enable entry types by creating parameters like these: 1)EnableRejectionEntries 2)EnableBreakoutEntries
All these are already done in the attached nMT5 EA . All you need do is convert to MT4
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